How the Fed’s rate decisions will affect commercial real estate going forwards by Lewis Dayton | Sep 5, 2023 Nearing the Federal Open Market Committee’s (FOMC) Sept. 19–20 meetings, the business world is concertedly gauging whether the Federal Reserve will keep the target federal funds rates level at 5.25 percent to 5.5 percent, or if it will once again raise rates in its continuing effort to dampen inflation.
JP Morgan partners with TotalEnergies for methanol-fueled tankers by Andrea Zander | Sep 5, 2023 JP Morgan has placed an order for two advanced dual-fuel methanol carriers with China’s Guangzhou Shipbuilding International.
187,000 new jobs added in August continues to signal an easing labor market by Lewis Dayton | Sep 5, 2023 The U.S. economy added 187,000 jobs in August, in line with consensus estimates, and the unemployment rate rose by 0.3 percentage points to 3.8 percent, as the number of unemployed persons jumped by 514,000, to 6.4 million.
CIM Group’s Terreva Renewables raises $417m by Released | Sep 1, 2023 Terreva Renewables has raised $417 million from corporate and institutional investors to advance the growth of its RNG platform.
Two new reports illuminate the decelerating, yet resilient, self-storage sector by Lewis Dayton | Sep 1, 2023 While the self-storage sector has decelerated, its fundamentals remain strong, and Cushman & Wakefield and Yardi Matrix both predict demand will continue to grow as secular trends, such as aging millennials, population growth and high housing costs contribute to the demand for self-storage.
Kimco Realty acquires Stonebridge at Potomac Town Center in Virginia for $172m by Released | Sep 1, 2023 Kimco Realty has purchased Stonebridge at Potomac Town Center.
Hestia Venture Partners acquires Ag Tech property by Released | Sep 1, 2023 Hestia Venture Partners has announced the acquisition of Davis Research Station, an ag tech research facility in Davis, Calif.
Dakota Pacific and Landmark Cos. JV sells Minnesota multi-housing community for $74.7m by Denise Moose | Sep 1, 2023 Dakota Pacific Real Estate and Landmark Companies announced that it has closed the $74.7 million sale of Millennium Edina, a 227-unit midrise multi-housing community located within suburban Minneapolis in Edina, Minn.
Barrett Upton Capital Partners launches as affiliate of Crescent Grove Advisors by Released | Aug 31, 2023 Barrett Upton Capital Partners has launched as an affiliate of Crescent Grove Advisors. The new alterative firm will provide high-net-worth and institutional investors with turnkey access to a variety of opportunities in private markets.
Oxford Capital Group invests in downtown San Francisco, debuting four new rebranded hotels by Released | Aug 31, 2023 Oxford Capital Group has announced the debut of four rebranded hotels.
Westcore acquires 3.5msf California industrial portfolio by Released | Aug 31, 2023 Westcore acquired the 3.5 million-square-foot Odyssey Portfolio.
HASI, Summit Ridge Energy expand partnership with new 250MW community solar portfolio by Released | Aug 31, 2023 HASI has announced an expansion of its partnership with Summit Ridge Energy to construct, own and operate a 250-megawatt (MW) community solar portfolio.
altafiber raises $600m for continued fiber network expansion by Released | Aug 31, 2023 altafiber has raised $600 million in new funding to support the continued construction of the company’s fiber networks.
CRE loan selloffs will occur, but will not be drastic, says Citymark’s Daniel Walsh by Lewis Dayton | Aug 31, 2023 The coming months will see refinancing stress in the loan market, but not to an overwhelming degree, according to Daniel Walsh, CEO of Citymark Capital, an Ohio-based apartment investor.
Sempra Infrastructure, Japanese consortium to develop carbon-neutral gas production and LNG supply chain by Released | Aug 30, 2023 Sempra Infrastructure, a subsidiary of Sempra, has formed an agreement with a consortium comprised of Tokyo Gas Company, Osaka Gas Company, Toho Gas Company and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
