California governor signs the state’s largest climate package in history by Kali Persall | Sep 24, 2021 California Gov. Gavin Newsom has signed a $15 billion funding package to tackle wildfire and drought challenges, build climate resilience in communities, promote sustainable agriculture and advance a climate agenda, in the largest climate package in the state’s history.
Jeff Greene sells new South Florida logistics park $60m by Andrea Zander | Sep 24, 2021 Jeff Greene, an American real estate entrepreneur and developer, has sold Turnpike Logistics Center.
China’s central bank bans cryptocurrency, Bitcoin plummets by Andrea Zander | Sep 24, 2021 In a Q&A posted to its website, the People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.
Blackstone Real Estate to buy Condor Hospitality Trust hotels by Andrea Zander | Sep 24, 2021 Condor Hospitality Trust has entered into an agreement with affiliates of Blackstone Real Estate Partners.
$1b multiuse development to transform New Orleans riverfront by Andrea Zander | Sep 24, 2021 River District Neighborhood Investor has plans to develop The River District, a $1 billion project to transform the Mississippi Riverfront in New Orleans.
Microsoft to build Ginger East data center project in Iowa by Kali Persall | Sep 24, 2021 Microsoft is moving forward with the construction of its Ginger East data center project in West Des Moines, Iowa, following approval from the West Des Moines City Council.
While U.S. investors sell off commodities ETFs, Europeans invest $3.3b by Andrea Zander | Sep 23, 2021 European investors poured $3.3 billion into commodities ETFs in the first half of the year.
First gold bond in U.S. in 87 years matures by Released | Sep 23, 2021 Monetary Metals announced that the first gold bond issued in the United States in 87 years has matured.
Brookfield Asset Management forms another $1b partnership by Andrea Zander | Sep 23, 2021 Brookfield Asset Management and Elion Partners have formed a $1 billion strategic partnership expanding Brookfield’s Real Estate Secondaries’ logistics portfolio across core infill markets.
CIM Real Estate Finance Trust forms $6b REIT by Released | Sep 23, 2021 CIM Real Estate Finance Trust (CMFT) has entered into a definitive merger agreement to acquire CIM Income NAV (INAV) in a stock-for-stock, tax-free merger transaction.