Chevron, Bunge form $600m renewable-fuel JV by Released | Sep 2, 2021 Chevron U.S.A. and Bunge North America announced a memorandum of understanding (MOU) of a proposed 50-50 joint venture.
U.S. infra bill to generate $1.33t economic impact, study finds by Kali Persall | Sep 2, 2021 An economic impact analysis from IMPLAN Group has found that, if passed in the House of Representatives, the Infrastructure Investment and Jobs Act would generate $1.33 trillion in nationwide economic impact.
How is retail in America’s three largest cities recovering from COVID-19? by Andrea Zander | Sep 2, 2021 Retail visits have been higher in recent weeks.
Medical Properties Trust sells hospitals for $1.78b by Andrea Zander | Sep 2, 2021 Medical Properties Trust has entered into an agreement with Macquarie Infrastructure Partners V (MIP V) to form a partnership.
Data center market burgeons as demand grows and vacancy rates drop by Kali Persall | Sep 1, 2021 Demand for space in data centers rose in the first half of the year, as providers brought 214.3 megawatts of new space online during that time period, according to a new report from CBRE.
Tomorrow Water to deliver co-located water resource recovery facilities and data centers by Released | Sep 1, 2021 Anaheim, Calif.-based Tomorrow Water and its parent company, BKT Co., a wastewater treatment and sustainable waste management solutions company, have launched an initiative to develop co-located water resource recovery facilities (WRRFs) and data centers.
Sam Zell’s bid for Monmouth Real Estate rejected by Andrea Zander | Sep 1, 2021 Monmouth Real Estate Investment Corp. did not obtain the necessary stockholder votes to approve the previously announced merger with Equity Commonwealth.
Axia Real Assets closes its first net-lease vehicle focused on the U.S. grocery sector by Kali Persall | Sep 1, 2021 Axia Real Assets has closed its Axia U.S. Grocery Net Lease Fund I.
CalTier announces partnership with Alto by Released | Sep 1, 2021 CalTier Realty has announced a new partnership with Alto Solutions.
Riaz Capital launches new opportunity zone fund in San Francisco Bay Area by Kali Persall | Sep 1, 2021 Riaz Capital, a San Francisco Bay Area–based real estate development and management company, is seeking to raise $100 million for its latest opportunity zone development fund, the Ozone III fund.
Harbor Group International, Cammeby’s acquire N.J. multifamily portfolio for $1b by Andrea Zander | Sep 1, 2021 Affiliates of Harbor Group International (HGI) have formed a joint venture with Cammeby’s International Group.
AIG Global Real Estate forms industrial JV with LB Asset Management by Andrea Zander | Sep 1, 2021 AIG Global Real Estate, the global real estate equity investment manager of American International Group, has formed a joint venture with LB Asset Management.
Google to invest $1b in German cloud business by Andrea Zander | Aug 31, 2021 Alphabet Inc.'s Google with an agreement with ENGIE, a European utility, has plans to invest €1 billion ($1.18 billion) in digital infrastructure and clean energy in Germany, according to an announcement.
Crow Holdings forms $1b U.S. industrial JV with Abu Dhabi-based Mubadala by Andrea Zander | Aug 31, 2021 Crow Holdings has formed a joint venture with Mubadala Investment Co.
Financial market risks — real, but may be overstated by Andrea Zander | Aug 31, 2021 Concerns have risen about financial market risks, centering around elevated asset valuations and high corporate debt, according to Oxford Economics.
Low inventory continues to transform luxury real estate market by Released | Aug 31, 2021 Berkshire Hathaway HomeServices has released its 2021 Luxury Landscape Report.
ULI Greenprint finds four times reduction in carbon emissions from buildings by Andrea Zander | Aug 31, 2021 An annual report from the ULI Greenprint Center for Building Performance found an approximately 12.4 percent reduction in carbon emissions in 2020 compared with an average fall of 3.5 percent in previous years.
Non-traded REITs post another $3b+ month in July by Robert A. Stranger & Co., Inc. | Aug 31, 2021 Non-traded REITs posted more than $3 billion in fundraising for their second month in a row, according to Robert A. Stranger & Co., Inc.
Vornado to sell five Manhattan retail properties for $184m by Andrea Zander | Aug 30, 2021 Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties.
Gold at $1,897, silver $28 at year-end, predicts professional numismatists guild by Released | Aug 30, 2021 Members of the Accredited Precious Metals Dealers program is predicting that at year-end gold will close at $1,897 per ounce, silver at $28 per ounce, and platinum at $1,153 per ounce, and perhaps go higher before dropping back.
24% increase in pipeline of offshore wind energy by Andrea Zander | Aug 30, 2021 The U.S. Department of Energy has released three reports showing record growth in land-based wind energy, significant expansion of the pipeline for offshore wind projects and continued decline in the cost of wind energy generation.
Luxury vacation property co-ownership firm raises $56m by Released | Aug 30, 2021 Kocomo has raised $56 million in debt and equity to tackle cross-border, co-ownership of luxury vacation properties.
Proptech startup funding on track to break real estate industry records in 2021 by Released | Aug 30, 2021 The number of real estate technology startups has increased 300 percent over the past decade, seizing the opportunity to address the industry’s biggest challenges through technology.
Esperanza Capital Partners and Cockrell Interests form energy investment platform by Kali Persall | Aug 27, 2021 Esperanza Capital Partners (ECP) has formed its inaugural energy investment platform alongside Cockrell Interests, targeting the acquisition of high-quality energy and infrastructure assets located in the U.S. Gulf of Mexico (GOM).
Cap rates for single-tenant QSR properties reach historic low by Andrea Zander | Aug 27, 2021 In the second quarter, national asking cap rates in the single-tenant quick-service restaurant (QSR) sector decreased to a new historic low of 5.26 percent.