Workspace Property Trust acquires additional 1msf across six class A suburban office buildings by Released | Jan 4, 2023 A consortium led by Thomas A. Rizk and Roger W. Thomas, the founders of Workspace Property Trust, has purchased an additional 1 million square feet across six class A suburban office buildings.
Tallgrass announces series of initiatives in Southeast Louisiana by Released | Jan 3, 2023 Tallgrass has announced an agreement with the Louisiana Coastal Protection and Restoration Authority.
Realty Income to acquire properties from CIM Real Estate Finance Trust for $894m by Andrea Zander | Jan 3, 2023 Realty Income Corp. has signed a definitive agreement to acquire up to 185 single-tenant retail and industrial properties from subsidiaries of CIM Real Estate Finance Trust (CMFT), a non-listed REIT sponsored by an affiliate of CIM Group, for approximately $894 million in cash.
Farmer sentiment rebounds at year end on stronger 2022 income by Released | Jan 3, 2023 Following a two-month decline and a year of weak sentiment, the Purdue University/CME Group Ag Economy Barometer closed out the year on a more positive note, rallying 24 points in December to a reading of 126.
Hedge fund enters renewable-energy sector, invests in Chilean energy storage plant by Released | Jan 3, 2023 Hedonova has forayed into the fast-growing energy storage sector by investing $16 million in a storage plant in Chile that operates on the CRYOBattery technology.
UC Investments forms $4b strategic venture with Blackstone by Andrea Zander | Jan 3, 2023 The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone announced a long-term strategic venture in which UC Investments will invest $4 billion in Blackstone Real Estate Income Trust, Inc. (BREIT) Class I common shares, the largest existing share class. Blackstone will then contribute $1 billion of its current BREIT holdings as part of a strategic venture with UC Investments.
SPONSORED: Bluerock – Why individual investors should consider seeking alternative credit by Sheila Hopkins | Jan 3, 2023 Bluerock looks at the advantages of collateralized loan obligations (CLOs) and the use of senior secured loans (SSLs), which represent the highest claim on a company’s cash and assets, and how investors can access these instruments.
Growth in construction activity expected to pick up in 2023 by Andrea Zander | Dec 23, 2022 Growth in construction activity is expected to pick up in 2023, despite the specter of recession in many advanced economies.
JLL arranges major capitalization for $290m new Philadelphia life sciences project by Released | Dec 23, 2022 JLL’s Capital Market has arranged a $290 million construction loan.
Industrial fundamentals in the U.S. to remain heading into 2023 by Andrea Zander | Dec 23, 2022 The themes for 2023 in real estate are driven predominantly by the continued fallout of surging inflation and interest rate hikes from central banks, according to Nuveen.