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Nontraded REITs raise $2.3b in March

by Robert A Stanger & Company, Inc. | Apr 22, 2021

Nontraded REITs raised $2.253 billion in March, just short of their pre-pandemic record monthly high, and marking their first month above the $2 billion mark since the pandemic began.

Single-tenant grocery portfolio sells for $295m

by Andrea Zander | Apr 22, 2021

Inland Real Estate Group has acquired a portfolio of 11 single-tenant retail buildings net leased on a long-term basis to Stop & Shop in densely populated markets throughout Connecticut, Massachusetts and Rhode Island.

KKR, Oak Hill invest in fiber optic company

by Released | Apr 21, 2021

MetroNet has announced that funds managed by leading global investment firm KKR will be joining long-time partner Oak Hill Capital as investors in MetroNet, a provider of fiber optic high-speed broadband services in the nation.

Chevron, Toyota pursue strategic alliance on hydrogen

by Released | Apr 21, 2021

Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) have announced a memorandum of understanding to explore a strategic alliance.

Exxon Mobil floats carbon storage project proposal

by Kali Persall | Apr 20, 2021

Texas oil giant Exxon Mobil has floated a proposal for a public-private carbon storage project that would reduce the cost of the carbon dioxide mitigation and reduce emissions.
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