Blackstone Real Estate Partners X edges closer to $30b fundraising target by Kali Persall | Feb 2, 2023 Blackstone Real Estate Partners X is nearing its estimated target of $30.3 billion.
Self-storage portfolio sells for $266m by Andrea Zander | Feb 1, 2023 Wentworth Property Co., in a joint venture with an institutional equity investor, has sold an 18-property self-storage portfolio in the Western United States and Texas for an estimated sales price of $266.2 million.
J.P. Morgan’s Campbell Global acquires over 250,000 acres of commercial timberland valued at more than $500m by Released | Feb 1, 2023 Campbell Global has acquired more than 250,000 productive acres.
U.S. consumer confidence declined in January by Released | Feb 1, 2023 The Conference Board Consumer Confidence Index® decreased in January following an upwardly revised increase in December 2022.
Ariel Alternatives closes inaugural $1.45b fund by Released | Feb 1, 2023 Ariel Alternatives has closed its Project Black fund.
John F. Kennedy International Airport to be powered by solar, natural gas by Kali Persall | Feb 1, 2023 New York officials have announced a 11.3-megawatt microgrid plan for John F. Kennedy International Airport.
ExxonMobil awards FEED contract for world’s largest low-carbon hydrogen production facility by Kali Persall | Jan 31, 2023 ExxonMobil has announced the next step in the development of the world’s largest low-carbon hydrogen production facility.
Minimum-wage workers need three roommates or four jobs to afford a two-bedroom rental by Released | Jan 31, 2023 Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets.
Private equity firm makes investment in Intensity Infrastructure Partners by Released | Jan 31, 2023 Intensity Infrastructure Partners has received an equity commitment by EIV Capital.
International shipping drives industrial & logistics demand by Andrea Zander | Jan 31, 2023 As international container shipping increases so does the need for more logistics real estate—especially in seaport markets.
Tritium Partners secures $684m for third growth-focused private equity fund by Released | Jan 31, 2023 Tritium Partners has held a final closing for its third fund, Tritium III, with $684 million of committed capital.
Chesapeake Utilities to provide natural-gas services to Florida community development by Released | Jan 30, 2023 Chesapeake Utilities Corp. has received approval from the Florida Public Service Commission, to provide natural-gas service to 4,000 new residences and businesses in Wildlight, a development in Nassau County, Fla.
Gemspring Capital raises $2.1b for two funds by Released | Jan 30, 2023 Gemspring Capital Management , has announced the formation of Gemspring Capital Fund III (Fund III) at $1.7 billion, and Gemspring Growth Solutions Fund I (GGS) at $400 million.
Capital Square launches new opportunity zone fund focused on Tennessee multifamily market by Kali Persall | Jan 30, 2023 Capital Square has launched a new project-specific opportunity zone fund, CSRA Opportunity Zone Fund VIII.
Canyon Partners, Tavros Holdings, Charney Cos. form JV for Brooklyn multifamily development by Released | Jan 30, 2023 Canyon Partners Real Estate, Tavros Holdings and Charney Cos. have formed a joint venture.
