DigitalBridge to raise $1b for new fund by Andrea Zander | Jun 9, 2022 DigitalBridge Group has plans to raise more than $1 billion for a new fund.
IMCo, GIC, Manulife and Ontario Teachers provide funding for world’s largest green hydrogen project by Andrea Zander | Jun 9, 2022 Haddington Ventures has formed Haddington ESP I to provide construction equity for projects developed by the Advanced Clean Energy Storage Joint Venture (ACES Delta LLC).
Industry leaders establish Multifamily Impact Council by Released | Jun 9, 2022 A consortium of more than 20 industry leaders from across the commercial residential real estate sector have announced the establishment of the Multifamily Impact Council.
Rising interest rates pose challenges for CRE borrowers by Loretta Clodfelter | Jun 9, 2022 Borrowing costs have been affected by the increase in interest rates and market volatility since the start of 2022, noted Brian Gould, managing director at Chatham Financial, in an interview with IREI.
Rhode Island seeks 600MW of new offshore wind capacity by Released | Jun 8, 2022 Rhode Island, under legislation passed by the Senate, is seeking to develop 600 megawatts of new offshore wind capacity.
Qatar picks ExxonMobil, Eni, TotalEnergies, Shell, ConocoPhillips for $30b LNG expansion by Andrea Zander | Jun 8, 2022 Qatar has picked Exxon Mobil, Eni, TotalEnergies, Shell and ConocoPhillips as partners in the expansion of the $30 billion liquefied natural gas (LNG) project, reporter Reuters.
Iberdrola to invest $6b in N.Y. energy market by Released | Jun 8, 2022 Iberdrola USA has plans to make investments in New York.
Family offices invest more in private equity by Andrea Zander | Jun 8, 2022 Private equity stands out as the only asset class where the number of family offices making allocations has risen steadily year after year.
Rare gems continue to break records by Andrea Zander | Jun 8, 2022 Extremely rare gemstones, particularly natural fancy-colored diamonds, continue to attract the resilient demand of the ultra-rich and are creating bidding wars at record-breaking prices.
Agilitas Energy raises $350m to build national renewable energy & storage platform by Andrea Zander | Jun 8, 2022 Agilitas Energy as raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors.
Prime Infra renewables unit to build the world’s largest solar power plus storage project by Andrea Zander | Jun 8, 2022 Prime Infrastructure Holdings, Inc. (Prime Infra), the critical infrastructure arm of Enrique K. Razon Jr., has plans to deliver the world’s largest solar power facility.
Cox invests $400m in nationwide broadband network expansion by Released | Jun 7, 2022 Cox Communications has committed more than $400 million dollars over the next three years to bring symmetrical gigabit broadband connectivity to more than 100,000 unserved and underserved households in U.S. communities.
Macquarie partners with L.A. apartment developer for $300m self-storage JV by Andrea Zander | Jun 7, 2022 LaTerra Development, a Los Angeles-based developer, has established a self-storage development platform and formed a joint venture with a fund managed by Macquarie Asset Management to deploy up to $300 million in self-storage developments initially concentrated in Los Angeles and other Southern California markets.
National year-over-year multifamily rent growth at 10 percent, down from 10.6 percent in April by Andrea Zander | Jun 7, 2022 Sunbelt markets continue to dominate the top 10 rent growth markets for the month of May.
Dodge Momentum Index shows gains in May by Released | Jun 7, 2022 The Dodge Momentum Index (DMI) jumped 7 percent in May to 176.2 (2000=100), up from the revised April reading of 165.2.
