Luxury senior housing project completed in Kansas City by Released | Sep 24, 2019 Tutera Senior Living & Health Care has completed Tiffany Springs Senior Living, its $55 million luxury rental community in North Kansas City, Mo.
Blackstone launches last-mile logistics real estate company in Europe by Andrea Zander | Sep 24, 2019 Blackstone has launched its pan-European last-mile logistics real estate company, Mileway. The new company owns and operates approximately 1,000 logistics assets that have been acquired by real estate funds managed by Blackstone over the last several years. The portfolio spans eight major European economies. Core markets of the United Kingdom, Germany, the Netherlands and France […]
Shareholders of Condor Hospitality Trust approve merger by Released | Sep 24, 2019 Condor Hospitality Trust, a lodging REIT based in Bethesda, Md., has announced its shareholders approved the $318 million proposed acquisition by merger of Condor by NHT Operating Partnership, the operating partnership of NexPoint Hospitality Trust, a hotel REIT headquartered in Toronto.
WeWork CEO Adam Neumann to step down by Released | Sep 24, 2019 Adam Neumann, WeWork co-founder, has stepped down.
Morgan Stanley hits $2b for third global infrastructure fund by Kali Persall | Sep 23, 2019 Morgan Stanley Infrastructure Partners has raised approximately $2 billion for its third global infrastructure fund.
DRA Advisors and Jera Partners acquires $205m net-lease industrial portfolio by Released | Sep 23, 2019 Jera Partners, a commercial real estate investment firm focused on the acquisition, management and disposition of properties that are net-leased to quality credit tenants, has announced the acquisition of 27 industrial assets that are fully leased totaling approximately 3.3 million square feet for an aggregate price of $205 million.
Hunt and Circle Power partner to develop wind farms by Released | Sep 23, 2019 An affiliate of Hunt Cos. has partnered with Circle Power to finance and develop two 20-megawatt renewable energy projects in Michigan's Upper Peninsula.
Two firms merge, creating largest real estate crowdfunded equity REIT by Released | Sep 23, 2019 RW Holdings NNN REIT has entered into a definitive merger agreement Rich Uncles Real Estate Investment Trust I.
Link REIT and Allinfra to collaborate on the use of blockchain technology for the tokenization of assets by Released | Sep 23, 2019 Hong Kong–based Link REIT and Allinfra have plans to collaborate on the use of blockchain technology for the tokenization of assets, commencing with a pilot solar project.
Austin named No. 1 city for real estate by Andrea Zander | Sep 23, 2019 Austin is the top city for real estate investment, rising from sixth place a year ago to first in overall real estate prospects and from fourth to first place in local expectation of investor demand in 2020, according to the Emerging Trends in Real Estate report by PricewaterhouseCoopers and the Urban Land Institute.
Google to invest $3.3b into European data center expansion by Andrea Zander | Sep 23, 2019 Google has plans to invest $3.3 billion during the next two years to expand its server farms across Europe.
Oil and gas sector continues to rule 2019 Fortune Global 500 list in revenue generation by Released | Sep 23, 2019 The oil and gas sector has dominated the Fortune Global 500 list of world’s largest companies with year-on-year revenue growth of 23.4 percent in 2019, according to an analysis by GlobalData, a leading data and analytics company.
Partners Group to acquire 50% stake in Latin American power generation platform by Released | Sep 20, 2019 Partners Group has agreed to acquire a 50 percent stake in EnfraGen, a developer, owner and operator of specialized power generation assets in Latin America, on behalf of its clients.
Goldman Sachs invests in data-center firm by Released | Sep 20, 2019 Acronis announced a $147 million investment round led by Goldman Sachs.
Family office buys Medical Dental building in Seattle by Released | Sep 20, 2019 Privately held family office Menashe Properties has acquired the historic Medical Dental Building, an approximately 300,000-square-foot, office/medical building located in the dynamic Seattle central business district.
