Goldman Sachs JV sells corporate HQ in Charlotte, N.C. by Andrea Zander | Dec 27, 2021 A fund managed by the real estate business within Goldman Sachs Asset Management, along with Lincoln Harris and Honeywell International Inc., have sold the 374,000-square-foot Honeywell Global Corporate Headquarters.
Industrial Logistics Properties Trust sells six properties for $206m by Andrea Zander | Dec 27, 2021 Industrial Logistics Properties Trust (ILPT) has entered into an agreement to add six industrial properties to its existing joint venture with institutional investors for an aggregate price of about $206 million.
Non-traded REITs blast through records, with more than $4.6b in November fundraising by Robert A. Stranger & Co., Inc. | Dec 27, 2021 Non-traded REIT fundraising totaled $4.626 billion in November, a previously unfathomable monthly sum, and more than the industry’s annual fundraising from 2016 to 2018, reported Robert A. Stranger & Co., Inc.
iCapital Network announces latest funding round led by WestCap by Released | Dec 27, 2021 iCapital Network has closed on a $50 million funding round led by WestCap.
SPONSORED: Institutional Private Real Estate — A timely asset class in inflationary and rising rate environments by Sheila Hopkins | Dec 25, 2021 Rising interest rates are likely to be preceded by higher inflation and stronger economic growth.
BEB Capital forms $1b industrial JV with Rockpoint by Andrea Zander | Dec 23, 2021 Real Estate development and investment firm BEB Capital has launched a programmatic joint venture with private-equity firm Rockpoint Group.
Elion releases report on fixing supply chain disruptions by Andrea Zander | Dec 23, 2021 Without drastic innovation or a significant reduction in the need for such goods, supply chains will continue to be stressed.
U.S. office demand stable in November despite COVID concerns by Released | Dec 23, 2021 The CBRE Pulse of U.S. Office Demand showed little change in November. Revisions to October leasing activity data show that the market performed better than originally thought in the early fall.
Ares Management acquires 11.9msf of industrial assets for $1.7b by Andrea Zander | Dec 23, 2021 Ares Management Corp. has announce that funds managed by the Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet.
Investor interest in purchasing commercial real estate surpasses 2019 levels by Released | Dec 23, 2021 Investor inquiries (confidentiality agreements signed by prospective buyers) through the first week of December 2021 have surpassed the total for all of 2019.