California Water Service to invest $828m in infrastructure by Andrea Zander | Jul 5, 2018 California Water Service Group announced that its subsidiary California Water Service (Cal Water) has filed an application with the California Public Utilities Commission, seeking permission for investing $828.5 million within the 2019-2020 time frame.
Enbridge to sell 19 gas plants to Brookfield for $3.7b by Andrea Zander | Jul 5, 2018 Enbridge has plans to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta to Brookfield Infrastructure and its partners for C$4.31 billion ($3.7 billion).
TH Real Estate appoints innovation & technology strategist by Released | Jul 2, 2018 TH Real Estate, an affiliate of Nuveen, has appointed Jack Sibley as innovation and technology strategist.
Chicago billionaire completes $255m purchase of historic property by Andrea Zander | Jul 2, 2018 Mansueto Properties has purchased the Wrigley Building from an investment consortium led by BDT Capital Partners.
Inland Real Estate buys third Arizona property by Released | Jul 2, 2018 Inland Real Estate Acquisitions has purchased the Banner Health Medical Office Building, located in Phoenix.
Trap Kloman named president and COO of Commonwealth Financial by Andrea Zander | Jun 29, 2018 Rich Hunter, the president and chief operating officer of Commonwealth Financial Network, has plans to step down from the position.
Third Seven Group acquires stake in UDIS Capital Partners by Released | Jun 29, 2018 Third Seven Group, an investment bank and registered investment advisory firm, has acquired a stake in boutique investment management consultancy UDIS Capital Partners.
Foreign investment in U.S. commercial real estate remains strong; China and Mexico top investors by Released | Jun 29, 2018 Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the past five years.
AI Insight to launch new alternative mutual fund reports in August by Released | Jun 28, 2018 Al Insight will launch Alternative Mutual Fund Research Reports in August 2018.
Host Hotels & Resorts to sell $2b portfolio by Andrea Zander | Jun 28, 2018 Host Hotels & Resorts has plans to sell a $2 billion portfolio of noncore hotels.
Preferred Apartment Communities acquires two properties by Released | Jun 28, 2018 Preferred Apartment Communities has purchased two new properties.
DCREC publishes white paper on generally accepted record keeping practices for private real estate funds in DC plans by Jody Barhanovich | Jun 28, 2018 As part of its Best Practices publications, the Defined Contribution Real Estate Council (DCREC) has released a new white paper that discusses recordkeeping for private real estate funds in defined contribution plans.
Honest Buildings launches new capital planning tool by Released | Jun 28, 2018 Honest Buildings, the only project management platform built for owners and backed by owners, has launched a new capital planning tool that lets teams collaboratively create and track capital plans, and leverage real-time and historical insights to improve accuracy — ultimately allowing owners and investment managers to better deploy capital and create more value at their assets.
First-quarter U.S. GDP growth revised down to 2% by Loretta Clodfelter | Jun 28, 2018 U.S. GDP grew at an annual rate of 2.0 percent in the first quarter, according to the third and final estimate from the Bureau of Economic Analysis.
Paul Massey to launch new brokerage firm by Andrea Zander | Jun 28, 2018 Paul Massey, previously president of New York investment sales at Cushman & Wakefield, has plans to launch a new brokerage firm, B6 Real Estate Advisors.
