Diversity is a priority for majority of CRE firms, global benchmark reveals by Andrea Zander | Dec 17, 2021 The first global benchmark of diversity, equity and inclusion (DEI) metrics for commercial real estate shows there is a clear mandate and momentum for DEI to be a priority, with 92 percent of firms adopting a DEI program or initiatives to improve DEI in the workplace.
Earthstone Energy grows presence in New Mexico’s Delaware Basin by Kali Persall | Dec 17, 2021 Earthstone Energy has agreed to acquire the assets of privately held Chisholm Energy Holdings for $604 million.
Fairstead, Invesco buy nearly 2,000 units in NY in largest affordable housing deal of 2021 by Andrea Zander | Dec 17, 2021 Fairstead and Invesco Real Estate have acquired 1,904 affordable units across 48 buildings and 2.3 million square feet in the Bronx in what is the largest deal of its kind in New York this year by both portfolio and investment size.
Pinnacle Partners launches $100m OZ investment fund by Released | Dec 17, 2021 A subsidiary of Pinnacle Partners, in partnership with opportunity zone advisory firm Javelin 19 Real Estate, has launched Pinnacle Partners Opportunity Zone Fund VIII.
Israeli investors make first U.S. investment, development solar portfolio with planned capacity of 1.1GW by Andrea Zander | Dec 16, 2021 Ashtrom Group LTD and Kenlov Renewable Energy announced the signing of a definitive agreement to acquire four solar projects in the United States.
Ares Management Corp. raises $2.2b of climate infrastructure capital by Andrea Zander | Dec 16, 2021 Ares Management Corp. has raised $2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund with approximately $1.4 billion in total raised, and $800 million in related transaction vehicles.
Survey predicts private markets will experience significant momentum in three to five years by Released | Dec 16, 2021 The demand for private markets investments by asset owners and managers is expected to rise in the next three to five years as investors seek higher yields and greater diversification, according to a recent survey State Street conducted with 170 private market asset managers and asset owners. According to the
Stanton Road Capital grows footprint in Salt Lake City with latest acquisition by Released | Dec 16, 2021 Stanton Road Capital (SRC) has acquired Union Park Center III and IV, a two-building class A office complex totaling 198,423 square feet.
MIM forms $1.2b JV with NBIM by Andrea Zander | Dec 16, 2021 MetLife Investment Management (MIM), an affiliate of Alexandria Real Estate Equities and Norges Bank Investment Management have formed a new joint venture.
AXA IM Alts significantly expands U.S. industrial platform with $2.05b portfolio acquisition by Andrea Zander | Dec 16, 2021 AXA IM Alts in partnership with Dermody Properties has acquired a 23-asset portfolio.
Fiera Infrastructure acquires landfill gas-to-energy platform from I Squared Capital by Kali Persall | Dec 15, 2021 Fiera Infrastructure has acquired 100 percent of the equity interests in Cube District Energy, a premier U.S. landfill gas-to-energy platform, from I Squared Capital.
Shell acquires solar and energy storage developer Savion by Kali Persall | Dec 15, 2021 In a move to significantly expand its global solar portfolio, Shell New Energies U.S. has agreed to buy Savion.
Patriot opens second fund to investors by Kali Persall | Dec 15, 2021 Patriot Holdings has launched a new alternative commercial real estate investment fund to acquire manufactured housing, self-storage and industrial facilities across the United States.
Partners Group forms $1b JV to develop and acquire properties across Austin, Dallas, Denver and Seattle by Andrea Zander | Dec 15, 2021 StoryBuilt, an urban infill specialist developing communities in four of the fastest growing real estate markets in the country, has entered into a joint venture with Partners Group.
MORE Residential and Stockbridge form $4b SFR JV by Andrea Zander | Dec 15, 2021 MORE Residential, a Texas-based owner and operator of residential rental properties, has formed a programmatic joint venture with San Francisco–based investment firm Stockbridge Capital Group to acquire single-family rental communities in high-growth U.S. markets.Â
