Watermark Lodging Trust to be acquired by Brookfield by Andrea Zander | May 9, 2022 Watermark Lodging Trust has entered into a definitive agreement with private real estate funds managed by Brookfield.
Passco Cos. appoints Adriana Olsen national sales manager by Released | May 9, 2022 Passco Cos. has announced the appointment of Adriana Olsen to national sales manager as part of the firm’s ongoing growth.
CIM Group, Centennial Yards Co. partner with Project REAP in Atlanta by Released | May 9, 2022 CIM Group and affiliate the Centennial Yards Co. have entered into a strategic partnership with Project REAP.
Griffin Capital markets Opportunity Zone Fund III by Larry Gray | May 9, 2022 Griffin Capital, an alternative investment asset manager headquartered in El Segundo, Calif., is currently marketing its Griffin Capital Qualified Opportunity Zone Fund III.
Sentiment dips for commercial real estate, yet improvement on the horizon by Kali Persall | May 6, 2022 Although sentiment in the commercial real estate industry has decreased from fall 2021, conditions are expected to improve for the industry over the next 12 months, according to the latest edition of the NAIOP CRE Sentiment Index.
U.S. economy adds 428,000 jobs in April by Loretta Clodfelter | May 6, 2022 The United States added 428,000 jobs in April, according to the Bureau of Labor Statistics, and the unemployment rate remains unchanged at 3.6 percent.
The Harkham Family acquires class-A office property in California’s affluent Westlake Village by Kali Persall | May 6, 2022 The Harkham Family, a Beverly Hills hotelier, has acquired a 132,037-square-foot class-A creative office property in Westlake Village, Calif., for $35.1 million.
Nuveen, Taconic, North American Properties acquire mixed-use lifestyle center in New York by Kali Persall | May 6, 2022 Nuveen Real Estate, Taconic Partners and North American Properties have acquired Ridge Hill, a 1.2 million-square-foot, mixed-use lifestyle center in Yonkers, N.Y., for $220 million.
Oil Production facility to be delivered in the Gulf of Mexico by Kali Persall | May 6, 2022 LLOG Exploration Co., a privately owned exploration and production company focused on the deepwater Gulf of Mexico (GOM), is planning to deliver a new production facility in the region.
CDPQ becomes latest backer of fiber telecom company Everstream by Kali Persall | May 6, 2022 Caisse de dépôt et placement du Québec (CDPQ) has joined a group of banks and institutional investors (including owner AMP Capital) to invest in Everstream Solutions.
Lack of liquidity, regulation among barriers to renewable-energy investment by Kali Persall | May 6, 2022 The majority of U.K. investors view liquidity constraints and insufficient regulation as key barriers to investment in renewable energy.
Ashcroft Value-Add Fund II raises $22m by Larry Gray | May 6, 2022 Ashcroft Capital has raised approximately $22 million for its latest fund, Ashcroft Value-Add Fund II (AVAF 2), according to a recent Form D filing.
Miami hotel sells for $232m by Andrea Zander | May 5, 2022 Sunstone Hotel Investors has entered into a definitive agreement with an affiliate of Hyatt Hotels Corp. to acquire the 339-room The Confidante Miami Beach.
Machine Investment Group closes inaugural fund with $312m by Kali Persall | May 5, 2022 Machine Investment Group has closed its inaugural fund vehicle.
Butters and BentallGreenOak to develop 2.2msf business park in Florida by Released | May 5, 2022 Butters Group and BentallGreenOak have formed a partnership to develop Gulf Landing Logistics Center a 2.2 million-square-foot, class A business park located in Fort Myers, Fla.
