Blackstone Real Estate Income Trust to acquire WPT Industrial REIT in $3.1b deal by Andrea Zander | Aug 9, 2021 Blackstone Real Estate Income Trust (BREIT) will acquire all of the outstanding units of WPT Industrial Real Estate Investment Trust (WPT) in an all-cash transaction valued at $3.1 billion.
Owl Rock Capital Corp. reports Q2 2021 earnings by Released | Aug 6, 2021 Owl Rock Capital Corp. reported net investment income of $119.1 million, or $0.30 per share, and net income of $150.2 million, or $0.38 per share, for second quarter 2021. Reported net asset value per share was $14.90 as of June 30, 2021, as compared to $14.82 as of March 31, 2021.
Back-to-school season could boost property fundamentals by Released | Aug 6, 2021 Campus reopenings and the return of in-person learning has the potential to lift property demand across an array of commercial real estate sectors, reported Marcus & Millichap
July sees employment increase of 943,000 jobs by Loretta Clodfelter | Aug 6, 2021 Nonfarm payroll employment increased by 943,000 jobs in July.
San Jose tops secondary markets for CRE investment by Andrea Zander | Aug 6, 2021 San Jose ranked first in Trepp’s report on secondary markets for CMBS investment, ahead of Las Vegas and Sacramento.
Corvias collects $75m for stormwater infra projects in Wisconsin by Kali Persall | Aug 6, 2021 Corvias Infrastructure Solutions has secured a new credit facility of up to $75 million to finance municipal stormwater and green infrastructure programs in the Milwaukee metropolitan region of Wisconsin.
Macquarie to pay €2.12b for stake in Open Fiber by Kali Persall | Aug 6, 2021 Macquarie Asset Management has finalized its agreement to acquire a 40 percent stake in Open Fiber, Italy’s largest fiber-to-the-home network, from Enel.
Europe’s largest energy storage project connects to the grid by Kali Persall | Aug 5, 2021 The 100-megawatt Minety plant, Europe’s largest energy storage project, has come online in the United Kingdom.
RPT Realty spends $499m on new assets by Andrea Zander | Aug 5, 2021 RPT Realty is under contract or in advanced contract negotiations on $499 million of gross acquisitions.
Global risk survey: Recovery threatened by Delta surge by Released | Aug 5, 2021 The Delta coronavirus variant poses the greatest risk to the global economy.