Allianz joins CDPQ as a shareholder in American Tower Corp. Europe by Kali Persall | Jun 17, 2021 Allianz Capital Partners has agreed to acquire a 10 percent stake in American Tower Corp.
Hedge funds show increased interest in cryptocurrencies by Andrea Zander | Jun 17, 2021 There is a major shift in mainstream hedge funds’ investment in digital assets.
Energy Department announces RFI for electric vehicle grid integration by Released | Jun 16, 2021 The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), and its Office of Electricity (OE) have announced a request for information (RFI) seeking feedback from industry, academia, research laboratories, government agencies and other stakeholders on issues related to integrating electric vehicles with the grid.
Amazon and Sound Transit commit $100m to affordable housing in Seattle area by Andrea Zander | Jun 16, 2021 Amazon and Sound Transit have formed a partnership to accelerate the creation of up to 1,200 new affordable housing units on Sound Transit.
Trinity Fund Advisors holds $520m final close for value-add hospitality fund by Kali Persall | Jun 16, 2021 Trinity Fund Advisors has completed a final close of its Trinity GP Fund I, the firm’s inaugural U.S. discretionary commingled real estate fund, with $520 million in capital commitments.
Griffin Capital forms partnership with iCapital Network by Released | Jun 16, 2021 Griffin Capital Co. has formed a partnership with iCapital Nework.
WashREIT to sell office portfolio for $766m by Andrea Zander | Jun 16, 2021 WashREIT has entered into a definitive agreement to sell substantially all its office portfolio to a Brookfield Asset Management private real estate fund for an aggregate purchase price of $766 million.
EXCLUSIVE: Gloria Gil joins Alpine Grove Partners by Andrea Zander | Jun 16, 2021 Alpine Grove Partners (AGP), an independent real estate private equity firm, has hired Gloria Gil as a partner.
ExchangeRight subscribes $68m DST invested in 17 properties by Released | Jun 15, 2021 ExchangeRight has met or exceeded investor cash flow targets on all of its offerings since inception and has fully subscribed its $68.15 million Net-Leased Portfolio 45 DST offering.
Advisor Group’s Management Platform reports $1b in NNA by Released | Jun 15, 2021 Advisor Group’s Management Platform (WMP) reported an inflow of more than $1 billion in net new assets (NNA).