Public Storage proposes to acquire Life Storage by Andrea Zander | Feb 6, 2023 Public Storage to acquire all outstanding shares and units of Life Storage in an all-stock transaction.
Equity REITs strengthened in January, up more than 10% by Loretta Clodfelter | Feb 6, 2023 Equity REITs advanced 10.7 percent in January, according to the FTSE Nareit Equity REITs Index, amid a broad-based stock market recovery. The S&P 500 Index rose 6.3 percent in January, and the tech-heavy Nasdaq Composite increased 10.7 percent.
Amherst releases 2023 market outlook report by Andrea Zander | Feb 6, 2023 Resilience in the housing market, despite softening home prices, according to Amherst in its market outlook report.
GTS to partner with Jukebox, brings music royalties as an investable asset class by Andrea Zander | Feb 6, 2023 GTS Securities and JKBX have signed a Memorandum of Understanding (MOU) that creates a strategic partnership.
Brookfield Super-Core Infrastructure Partners signs $3.5b cash deal with FirstEnergy by Kali Persall | Feb 3, 2023 FirstEnergy Corp. is planning to sell an additional 30 percent ownership interest in its FirstEnergy Transmission (FET) to Brookfield Super-Core Infrastructure Partners in a $3.5 billion all-cash deal.
January employment gains surprise to the upside with 517,000-job increase by Loretta Clodfelter | Feb 3, 2023 Employment growth in January was stronger than forecast.
Family office investors commit $250m for 5GW solar projects by Andrea Zander | Feb 3, 2023 Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects.
Christina secures loan to refinance multifamily project in West Hollywood by Released | Feb 3, 2023 Christina Development Corp. has secured a $1.16 million loan from Citizens Business Bank to refinance 1128 Larrabee, a recently acquired, fully occupied, six-unit multifamily apartment project located north of the world-famous Sunset Strip in West Hollywood.
United Airlines joins with Tallgrass and Green Plains to develop sustainable aviation fuel from feedstock by Kali Persall | Feb 3, 2023 United Airlines, Tallgrass and Green Plains Inc. have formed a new joint venture — Blue Blade Energy — focused on sustainable aviation fuel (SAF).
IFM Investors to buy majority stake in GreenGasUSA by Kali Persall | Feb 3, 2023 IFM Investors has plans to acquire a majority interest in GreenGasUSA.
Historic office campus to convert into $250m life sciences park by Released | Feb 3, 2023 SkyREM has plans to convert Philadelphia’s historic Quartermaster site into the Quartermaster Science + Technology Park.
FS Investments and Portfolio Advisors to combine, creating $73b alternative investment firm by Released | Feb 2, 2023 FS Investments and Portfolio Advisors have entered into a definitive agreement to combine their firms.
LNG and interconnectivity key to Europe’s long-term gas security, says Fitch Ratings by Released | Feb 2, 2023 LNG and infrastructure interconnectivity remain key to Europe’s long-term gas supply security.
Bernhard Capital–backed Atlas to be acquired by GI Partners in $1b cash deal by Kali Persall | Feb 2, 2023 Atlas Technical Consultants, a portfolio company of Bernhard Capital Partners’ BCP Fund I, has entered into a definitive agreement to be acquired by GI Partners in an all-cash transaction valued at $1.05 billion, including outstanding debt.
Michigan energy-storage technology company closes $300m funding round by Released | Feb 2, 2023 Our Next Energy Inc. (ONE), a Michigan-based energy-storage technology company, has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion.
