Silvermintz family sells newly constructed Chelsea office for $257m by Andrea Zander | Aug 2, 2018 Savanna along with its joint venture partner, the Silvermintz family, has announced the sale of 540 West 26th Street.
Green Acre Capital launches cannabis fund by Released | Aug 2, 2018 Green Acre Capital has launched the Green Acre Capital Fund II, which is exclusively dedicated to making investments in the cannabis industry.
RIA and HNW able to access AllianceBernstein alternative investments by Released | Aug 1, 2018 AllianceBernstein announced an agreement with iCapital Network.
Preferred Apartment Communities buys office property in Raleigh by Released | Aug 1, 2018 Preferred Apartment Communities has acquired Wells Fargo Capitol Center, a 559,591-square-foot office building in the Central Business District of Raleigh, N.C.
Ladenburg appoints Kirk Hulett senior vice president by Released | Jul 31, 2018 Ladenburg Thalmann Financial Services has appointed Kirk Hulett as senior vice president.
U.S. Bank names John Zimmerman president of Ascent Private Capital Management by Released | Jul 31, 2018 U.S. Bank Wealth Management has named John Zimmerman as president of Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high-net-worth clients.
Brookfield to buy Forest City Realty Trust in $11.4b deal by Andrea Zander | Jul 31, 2018 Brookfield Asset Management has plans to buy Forest City Realty Trust in a deal valued at $11.4 billion.
WPT Industrial REIT, CPPIB and AIMCo form $1b U.S. industrial property JV by Andrea Zander | Jul 31, 2018 WPT Industrial REIT, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corp. (AIMCo) have formed a joint venture to aggregate a portfolio of industrial properties in strategic U.S. logistics markets through a value-add and development investment strategy.
Electrify America and Sacramento initiate new zero-emission vehicle programs by Released | Jul 30, 2018 Electrify America, a subsidiary of Volkswagen Group of America, headquartered in Reston, Va., and the City of Sacramento in California have inaugurated new projects designed to increase access to zero-emissions vehicles (ZEV) in the Sacramento region, expand ZEV technology use, and prepare the City for future electric vehicle adoption.
Broadtree Residential acquires $137.5m multifamily portfolio by Released | Jul 30, 2018 Broadtree Residential has paid $137.5 million to acquire three class A multifamily apartment communities from affiliates of Chesapeake Realty Partners (CRP) in Broadtree’s inaugural UPREIT transaction.
Every industrial U.S. region performs well during Q2 by Andrea Zander | Jul 27, 2018 U.S. industrial markets absorbed 64.1 million square feet in the second quarter of 2018, up 4.9 percent from the same period a year ago, and propelled year-to-date absorption to 126 million square feet, according to Cushman & Wakefield’s U.S. industrial second quarter 2018 report.
Second quarter farmland performance shifts lower on modestly weaker appreciation by Released | Jul 27, 2018 The total return for farmland investments for the second quarter was 1.13 percent, down from 1.32 percent last quarter, and 1.63 percent in the second quarter of 2017, according to National Council of Real Estate Investment Fiduciaries (NCREIF) Farmland Index.
Fannie Mae market’s first-ever secured overnight financing rate securities by Released | Jul 26, 2018 Fannie Mae issued the market’s first-ever secured overnight financing rate (SOFR) securities.
JLL Income Property Trust invests in apartment communities in Boston by Released | Jul 26, 2018 JLL Income Property Trust has formed a joint venture with Nordblom Co. to invest in The Tremont and The Huntington apartment communities in Burlington, Mass.
NCREIF Timberland Index decreases in second quarter 2018 by Andrea Zander | Jul 26, 2018 The National Council of Real Estate Investment Fiduciaries (NCREIF) has released second quarter 2018 results of the NCREIF Timberland Index.