ExchangeRight achieves 11% investor annual IRR with RV resort development by Released | Oct 28, 2021 ExchangeRight’s sister company Telos Capital has brought its TCF2 Stella Mare investment full cycle on behalf of its investors.
Kimco Realty and Blackstone Real Estate form Sunbelt shopping center JV by Andrea Zander | Oct 28, 2021 Kimco Realty Corp. acquired the remaining 70 percent interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers.
Non-traded REITs post another $3b+ month of strong fundraising fueled by strong performance by Robert A. Stranger & Co., Inc. | Oct 28, 2021 Non-traded REIT fundraising totaled $3.294 billion in September, marking the industry’s fourth consecutive month in excess of $3 billion, reported Robert A. Stanger & Co., Inc.
New York Life Investments and CBRE Investment Management launch global infrastructure megatrends fund by Kali Persall | Oct 28, 2021 New York Life Investments and CBRE Investment Management have launched a third fund as part of a strategic partnership, the MainStay CBRE Global Infrastructure Megatrends Fund.
United Energy takes full ownership of oil and natural-gas properties in Oklahoma, Cherokee Basin by Kali Persall | Oct 28, 2021 United Energy has agreed to acquire the remaining 51 percent of properties located in four Oklahoma counties and Kanada’s Cherokee Basin, as part of a plan to strengthen its oil and natural-gas foothold in the region.
Firms announce new Bloomberg Goldman Sachs Global Clean Energy Index by Kali Persall | Oct 28, 2021 Bloomberg and Goldman Sachs Asset Management have launched a new clean-energy index.
Ewing Properties to develop $2.5b Nashville mixed-use neighborhood by Released | Oct 28, 2021 A 65-acre Northwest Nashville property fronting the Cumberland River with stunning views of downtown will be transformed into “he Riverside,” a $2.5 billion mixed-use neighborhood featuring vast public parks and community gardens overlooked by fashionable residential, commercial and retail spaces.
Global cryptocurrency adoption to increase by Andrea Zander | Oct 27, 2021 iCapital Network in its outlook report stated that the acceptance of cryptoassets is in the early stages and should continue to grow markedly in coming years.
U.S. industrial market remains on impressive trajectory by Andrea Zander | Oct 27, 2021 The U.S. industrial market remained on an impressive trajectory.
KKR to pay $1.9b for Clearway Energy’s thermal business by Kali Persall | Oct 27, 2021 KKR has entered a binding agreement with Clearway Energy’s subsidiary, Clearway Energy Operating, to acquire thermal business for $1.9 billion.