Broad Street Realty secures preferred equity investment from Fortress Investment Group by Andrea Zander | Dec 2, 2022 Broad Street Realty, through a newly formed subsidiary, has secured an $80 million preferred equity Investment and a property-specific $15 million mezzanine loan from an affiliate of Fortress Investment Group.
$75m value-add healthcare fund completes first closing by Kali Persall | Dec 2, 2022 Thomas Park Investments has completed a first closing for its $75 million value-add vehicle, Thomas Park Growth Fund I.
Sempra Infrastructure announces sale and purchase agreement with INEOS for Port Arthur, Texas by Released | Dec 2, 2022 Sempra Infrastructure has entered into a long-term sale and purchase agreement (SPA) with INEOS.
Creation Investments holds $270m final close by Andrea Zander | Dec 2, 2022 Creation Investments Capital Management has held a final close.
VICI Properties to acquire remaining interest in MGM Grand Las Vegas and Mandalay Bay JV from BREIT by Andrea Zander | Dec 1, 2022 Blackstone Real Estate Income Trust (BREIT) and VICI Properties have jointly entered into a definitive agreement.
PIMCO launches flexible real estate income fund by Kali Persall | Dec 1, 2022 PIMCO has launched its first real estate.
Caliche Development Partners II partners with OIC, GCM Grosvenor targeting underground storage and sequestration assets by Kali Persall | Dec 1, 2022 Caliche Development Partners II has partnered with Orion Infrastructure Capital (OIC) and GCM Grosvenor targeting underground storage and sequestration assets in North America.
NOVA Infrastructure acquires Xchange Telecom by Kali Persall | Dec 1, 2022 NOVA Infrastructure has acquired Xchange Telecom, a telecommunications company primarily serving residents and businesses in New York City.
U.S. airline to invest in battery manufacturer by Released | Dec 1, 2022 United Airlines has plans for a strategic equity investment in Natron Energy.
Battery cell technology firm holds $75m first close of $150m investment by Released | Nov 30, 2022 KORE Power has closed the initial $75 million tranche of a private placement anticipated to total $150 million.
OneRail raises $33m in Series B funding to transform B2B supply chains by Released | Nov 30, 2022 OneRail has completed a $33 million Series B funding round, co-led by Piva Capital and Arsenal Growth Equity.
AMEA Power completes $1.1b deal to deploy 1GW of wind and solar energy in Egypt by Released | Nov 30, 2022 AMEA Power has achieved the financial close to deliver 1 gigawatt (GW) of renewable energy projects in Egypt.
Real estate secondaries provide alternative liquidity source for LPs and GPs by Loretta Clodfelter | Nov 30, 2022 Investors are looking to alternative forms of liquidity in the current market environment, including real estate secondaries.
New York’s Fifth Avenue crowned world’s most expensive shopping street by Andrea Zander | Nov 30, 2022 New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of $2,000 per square foot per year,
INDUS Realty Trust receives unsolicited, non-binding acquisition proposal by Released | Nov 29, 2022 INDUS Realty Trust, a U.S. based industrial/logistics REIT, announced it received on November 27, 2022, an unsolicited, non-binding proposal from Centerbridge Partners.