North America

United States Commercial Real Estate, Canada Commercial Real Estate

Mack-Cali sells four office buildings in NJ for $254m

Mack-Cali sells four office buildings in NJ for $254m

Mack-Cali Realty Corporation has sold its Metropark office portfolio located in Edison and Iselin, NJ for $254 million to Opal Holdings. The portfolio consists...
Savills names new president of North America region

Savills North America names new president

Savills has named David Lipson as the new president of its North America region. Lipson, who joined the company in 1989, will assume the role...
Cerberus raises $2.8bn for global opportunistic real estate fund

Cerberus raises $2.8bn for global opportunistic real estate fund

Cerberus Capital Management has raised $2.8 billion for its global opportunistic real estate fund, Cerberus Institutional Real Estate Partners V, L.P. (CIREP V), exceeding...
Colony Capital completes exit from hospitality business

Colony Capital completes exit from hospitality business

Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion. The transaction concludes...
JBG Smith begins construction of two residential towers in National Landing

JBG Smith begins construction of two residential towers in National Landing

JBG Smith has begun construction of two residential towers at 1900 Crystal Drive in National Landing, Arlington, VA.  The development at 1900 Crystal Drive will...
WeWork to go public through $9bn SPAC merger

WeWork to go public through $9bn SPAC merger

WeWork and BowX Acquisition Corp., a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will result in WeWork becoming...
Slate acquires commercial real estate business from Annaly for $2.3bn

Slate acquires commercial real estate business from Annaly for $2.3bn

Slate Asset Management, a real estate focused alternative investment platform, has acquired Annaly Capital Management's commercial real estate business (ACREG) for US$2.33 billion. The acquisition includes...
Slate Grocery REIT to acquire $390m grocery-anchored portfolio

Slate Grocery REIT to acquire $390m grocery-anchored portfolio

Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, has agreed to acquire a grocery-anchored portfolio comprising 25 properties and 3.1...
Nuveen Global Cities REIT expands healthcare real estate portfolio

Nuveen Global Cities REIT expands healthcare real estate portfolio

Nuveen Global Cities REIT (GCREIT) has acquired three medical office and life science properties across the U.S for $35 million. The first property, 2945...
Oaktree raises $4.7bn for eighth real estate opportunities fund

Oaktree raises $4.7bn for eighth real estate opportunities fund

Oaktree Capital Management, L.P. has raised $4.7 billion for its Oaktree Real Estate Opportunities Fund VIII (ROF VII), exceeding the original target of $3.5...

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