Sunday, July 5, 2020
Rockpoint closes its two real estate funds at $5.8 billion

Rockpoint closes its two real estate funds at $5.8 billion

Rockpoint Group, a global real estate investment management firm, has closed its latest opportunistic fund, Rockpoint Real Estate Fund VI (Fund VI), with...
Empire State Realty Trust announces the departure of President and COO John B. Kessler

Empire State Realty Trust announces the departure of President and COO John B. Kessler

Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan...
May retail sales improve dramatically over April but still below last year

May retail sales improve dramatically over April but still below last year

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well...
Hodes Weill & Associates reports on impact of COVID-19 on global institutional sentiment for commercial real estate

Hodes Weill & Associates reports on impact of COVID-19 on global institutional sentiment for...

Discussions with more than 100 institutions finds that investors remain optimistic about real estate, despite expected near-term slowdown in investment activity
Fannie Mae : U.S. economic growth expectations largely unchanged as lockdown restrictions ease

Fannie Mae : U.S. economic growth expectations largely unchanged as lockdown restrictions ease

Despite substantial revisions to the components constituting real GDP, headline growth expectations on a quarterly and full-year basis were only slightly changed...
Simon Property, Brookfield in talks to acquire JC Penney

Simon Property, Brookfield in talks to acquire JC Penney

Simon Property Group and Brookfield Property Partners, the biggest mall owners in the United States, and Authentic Brands Group LLC are in talks to acquire...
JLL Capital Markets announces appointments to its Loan Sales Group team

JLL Capital Markets announces appointments to its Loan Sales Group team

JLL Capital Markets announced that Will Sledge has joined its Loan Sales Group as a Senior Managing Director focused on performing and...
AECOM to appoint W. Troy Rudd as Chief Executive Officer

AECOM to appoint W. Troy Rudd as Chief Executive Officer

AECOM (NYSE:ACM), the world’s premier infrastructure firm, today announced the appointment of W. Troy Rudd to Chief Executive Officer. Currently AECOM’s Chief...
QuadReal forms $250m multifamily JV with Los Angeles company

QuadReal forms $250m multifamily JV with Los Angeles company

Los Angeles-based multifamily development company LaTerra Development and QuadReal Property Group, a global real estate company, have formed a joint venture to invest...
Taubman confirms notice from Simon Property to terminate merger agreement

Taubman confirms notice from Simon Property to terminate merger agreement

Taubman Centers, Inc. has confirmed receipt of notice from Simon Property Group to terminate the previously announced agreement and plan of merger...

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