REITs surge in December to finish year on high note by Loretta Clodfelter | Jan 5, 2022 U.S. equity REITs put in a stunning finish in December to a strong year.
Starwood Real Estate Income Trust and Morningstar Properties form self-storage JV by Andrea Zander | Jan 5, 2022 Starwood Real Estate Income Trust and Morningstar Properties have formed a joint venture to own and operate high-quality stabilized assets in the self-storage sector.
Digital Realty acquires leading stake in African colocation provider in $3.5b deal by Kali Persall | Jan 4, 2022 Digital Realty has agreed to acquire a majority stake in Teraco.
Rockpoint Group and BEB Capital form $1b industrial-focused JV by Andrea Zander | Jan 4, 2022 BEB Capital has formed a joint venture with Rockpoint Group.
Lineage Logistics announces $1.7b in new equity to fuel supply chain innovation and growth by Andrea Zander | Jan 4, 2022 Lineage Logistics has raised $1.7 billion in equity from new and existing strategic partners.
CBRE Investment Management purchases $4.9b portfolio from Hillwood Investment Properties by Andrea Zander | Jan 4, 2022 CBRE Investment Management will acquire a more than 57-asset, 28.4-million square-foot portfolio.
EXCLUSIVE: Drake Real Estate Partners announces final close of DREP Fund IV by Andrea Zander | Jan 4, 2022 Drake Real Estate Partners has announced the closing of its fourth flagship fund.
City Office sells buys Raleigh-based office for $330m by Released | Jan 4, 2022 City Office REIT has closed the acquisition of Bloc 83, a premier two-building office complex in Raleigh, N.C., for a gross purchase price of $330 million.
Transaction volume for net lease sector reaches all-time high by Released | Jan 4, 2022 Cap rates in the single-tenant net lease sector rose slightly in fourth quarter 2021, following historic low levels reached in third quarter 2021.
Eolus to divest stand-alone battery-storage project to Blackstone by Released | Jan 3, 2022 Eolus has entered into an agreement with Aypa Power.
Argo Infrastructure Partners invests in LAZ Parking by Released | Jan 3, 2022 LAZ Parking announced the formation of a new, long-term partnership with Argo Infrastructure Partners.
Archaea Energy announces successful startup of renewable natural gas facility by Released | Jan 3, 2022 Archaea Energy, a renewable natural gas (RNG), has announced the successful start-up of Project Assai, an RNG facility located at the Keystone Sanitary Landfill in Dunmore, Pa.
Technology makes real estate investment more accessible by Loretta Clodfelter | Jan 3, 2022 The biggest trend in fintech and proptech is digitization and the accessibility it has created, according to Nicky Senyard, founder of Fintel Connect.
Centerbridge Partners, WOJO Capital Partners forms RV and boat storage with Recreational Realty by Released | Jan 3, 2022 Recreational Realty, an owner, operator and developer of specialized recreational vehicle and marine storage facilities, announced a joint venture with funds affiliated with Centerbridge Partners and entities affiliated with WOJO Capital Partners.
OZ Growth Fund launches for OZ real estate and technology by Released | Dec 30, 2021 OZ Growth Fund launches, seeking accredited investors for opportunity-zone real estate and innovative technology.
Strategic Wireless acquires Indiana cell-tower portfolio by Released | Dec 30, 2021 Strategic Wireless Infrastructure Fund Advisors has completed the acquisition of two cell towers, and other related assets, located south of Indianapolis, Ind.
Florida office sells for $55m, largest transaction in Southwest Florida this year by Released | Dec 30, 2021 A joint venture between funds managed by Apollo Global Management, Miami-based SQUARE2 Capital and Steelbridge Capital has sold The Offices at Pelican Bay.
The Howard Hughes Corp.’s $850m NYC project receives approval by Released | Dec 30, 2021 The Howard Hughes Corp. has received final approval by the City of New York of its planned $850 million 250 Water Street development project at the Seaport in Lower Manhattan, a key component of HHC’s long-term vision for the historic neighborhood.
Puerto Rico OZ fund makes first investment in agricultural technology firm by Released | Dec 29, 2021 Puerto Rico Opportunity Zone Fund has made an investment in Fusion Farms.
Apollo Funds announce first close of $816m investment by Released | Dec 29, 2021 Funds managed by Apollo affiliates have made a first close on an $816 million convertible equity portfolio financing agreement with NextEra Energy Partners in a 2.5-gigawatt contracted renewable energy generation portfolio.
ISQ Growth Markets Infrastructure Fund nears halfway mark for $2b fundraising target by Kali Persall | Dec 29, 2021 I Squared Capital has secured $846 million for its ISQ Growth Markets Infrastructure Fund, according to a recent filing with the SEC.
Arden Group raises $166m for opportunity zone fund by Larry Gray | Dec 29, 2021 Philadelphia-based Arden Group has raised $166.5 million for its Arden Qualified Opportunity Zone Fund, according to a recent filing with the SEC. The firm is seeking to raise $500 million for the fund.
Diversified Healthcare Trust buys partner interest for $378m by Andrea Zander | Dec 29, 2021 Diversified Healthcare Trust (DHC) has entered into an agreement with a global institutional investor to acquire an equity interest in DHC’s existing joint venture that owns the two-building life sciences complex located at 11 Fan Pier and 50 Northern Avenue in Boston.
Trepp report examines parallels between retail and office sectors by Released | Dec 28, 2021 In a recent report, Trepp has compared the demise of the regional and superregional mall to another commercial real estate asset class, office.
Oil industry on track for worst year for discoveries since 1946 by Andrea Zander | Dec 28, 2021 Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds.