Wednesday, June 16, 2021
Home CRE MARKETS North America

North America

United States Commercial Real Estate, Canada Commercial Real Estate

JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders. The credit facility contains a $415 million revolving line...
WeWork, Softbank fund form JV in Latin America

WeWork, Softbank fund form JV in Latin America

WeWork said Wednesday it has formed a joint venture with SoftBank Latin America Fund to grow its business in Latin America. The joint venture agreement...
KKR adds industrial assets to Phoenix portfolio

KKR adds industrial assets to Phoenix portfolio

KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP. All three...
KBS sells Class A office complex in New Jersey for $88m

KBS sells Class A office complex in New Jersey for $88m

KBS has sold Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, New Jersey to Ramapo, New York based Northeast Capital Group...
PG&E to sell San Francisco headquarters complex for $800m

PG&E to sell San Francisco headquarters complex for $800m

PG&E Corporation and Pacific Gas and Electric Company (PG&E) has agreed to sell its San Francisco headquarters complex, which includes 77 Beale Street and...
Dalfen Industrial makes second acquisition in Fort Worth

Dalfen Industrial makes second acquisition in Fort Worth

Dalfen Industrial has purchased a 100% occupied, 98,666 square feet property, West Tarrant Distribution Center, in West Fort Worth. Dalfen Industrial said this is the second...
Hines Global acquires 396,000 sq-ft office building in Washington, D.C

Hines Global acquires 396,000 sq ft office building in Washington, D.C

Hines Global Income Trust, Inc. (Hines Global) has bought 1015 Half Street, a 396,000-square-foot trophy office building in Washington, D.C. Hines Global said 1015 Half...
Ares to acquire Black Creek Group

Ares to acquire Black Creek Group

Ares Management Corporation (Ares) has agreed to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (Black Creek), a...
Mapletree Industrial Trust to buy $1.3bn US data centre portfolio

Mapletree Industrial Trust to buy $1.3bn US data centre portfolio

Singapore-listed real estate investment trust (REIT) Mapletree Industrial Trust (MIT) said Thursday it has entered into a purchase and sale agreement to acquire 29...
Bank of America, NACA expand mortgage program to $15bn

Bank of America, NACA expand mortgage program to $15bn

Bank of America and the Neighborhood Assistance Corporation of America (NACA) have expanded their national affordable homeownership mortgage program for low-to-moderate income homebuyers. The partnership...

MOST POPULAR