Developers close on site for $850m redevelopment project in Phoenix by Andrea Zander | Jan 25, 2023 Concord Wilshire Capital and TLG Investment Partners, in partnership with Carl DeSantis’ CDS International Holdings (CDS), have closed on its acquisition of Metrocenter Mall, including the Dillard’s Building and U-Haul Building, Phoenix.
Harbor Group International locks in $1.6b for Multifamily Credit Fund by Kali Persall | Jan 25, 2023 Harbor Group International has captured $1.6 billion in capital commitments for its Multifamily Credit Fund.
Newmark secures $400m Freddie Mac Tenant Advancement Commitment for Comunidad Partners by Released | Jan 25, 2023 Newmark has secured a $400 million Tenant Advancement Commitment (TAC) on behalf of borrower Comunidad Partners.
People going to tertiary markets instead of primary and secondary cities by Andrea Zander | Jan 25, 2023 Employees lead the shift from primary and secondary cities to more affordable and livable areas with the rise of hybrid work environment.
Global-listed infrastructure dips in 2022, remains poised for growth by Kali Persall | Jan 24, 2023 The global-listed infrastructure asset class dipped in December 2022 amid recessionary concerns but ended the month — and the year — materially ahead of global equities.
U.S. rejects Mexico’s compromise on GM corn ban by Andrea Zander | Jan 24, 2023 U.S. officials have rejected Mexico’s proposed compromise on biotech corn imports.
Aypa Power receives $320m in debt for battery, hybrid projects by Andrea Zander | Jan 24, 2023 Aypa Power has closed $320 million of letter of credit and revolving credit facilities.
GM to invest $918M at 4 plants for V-8 engines, EV components by Andrea Zander | Jan 24, 2023 General Motors has plans to invest $918 million in four of its plants to build its sixth-generation small block V-8 engine and to support electric vehicle production.
Blue Wheel and Retail Bloom form $1b omni-channel digital commerce agency by Released | Jan 24, 2023 Blue Wheel, an omni-channel digital commerce agency, and Retail Bloom, an ecommerce marketplace agency, announced their merger to form the joint venture Blue Wheel.
Walker & Dunlop Investment Partners makes final investment from $80m Fund VI by Released | Jan 23, 2023 Walker & Dunlop Investment Partners (WDIP) has made the final investment from its sixth fund, Walker & Dunlop Investment Partner Fund VI.
DTE Energy seeks 850 MW of solar and wind projects in Michigan by Andrea Zander | Jan 23, 2023 DTE Energy has plans to issue an RFP for new 850 megawatts of wind and solar projects in Michigan.
Sterling Investment Partners closes Fund IV above target by Andrea Zander | Jan 23, 2023 Sterling Investment Partners has held a final close for its Sterling Investment Partners IV.
Low demand to affect iron ore industry by Released | Jan 23, 2023 In 2022, a 24 percent to 26 percent decrease is expected to be seen in the costs of iron ore according to Beroe.
Multifamily values will recover by year’s end by Released | Jan 23, 2023 U.S. multifamily investments will remain strong in 2023, according to CP Capital US, a multifamily investment manager focused on the multifamily sector.
KKR REIT caps redemptions by Andrea Zander | Jan 20, 2023 The $1.6 billion KKR Real Estate Select Trust (KREST) has plans to limit redemptions from its investors.