Blackstone appoints Google CFO Ruth Porat to its board
Blackstone said on Thursday that Ruth Porat, Chief Financial Officer of Alphabet Inc. and Google Inc., has joined its board of directors.
Commenting on the...
Singapore’s OUE to sell iconic Class A office property in Los Angeles for $430m
Singapore-listed property developer OUE Limited will sell the U.S. Bank Tower, a Class A office property located in downtown Los Angeles, California for US$430...
Moody’s Analytics forecasts US office vacancy rate hitting historic high of 19.9% in 2021
Moody’s Analytics today announced its new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets...
Aimco announces the formation of Apartment Income REIT, a self-managed $10 billion REIT, and...
APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) (“Aimco”) announced today its plan to separate its business into two, separate and distinct, publicly traded companies, Apartment Income...
Newmark secures $454m refinancing for multifamily portfolio
Newmark Knight Frank (NKF) has closed a pair of structured transactions totaling $454 million for the refinancing of seven multifamily assets on behalf of...
San Francisco’s Transamerica Pyramid tower sells for $650m
A joint venture led by Deutsche Finance America and SHVO has completed the acquisition of the Transamerica Pyramid Center in San Francisco for $650...
KKR buys industrial distribution property in Phoenix for $32m
KKR has acquired an industrial distribution property in Phoenix for $32 million.
Built in 2001, the asset is a 32-foot clear height, Class A property located in...
Blackstone acquires lab office portfolio from Brookfield for $3.45bn
Blackstone today announced that Blackstone Property Partners Life Sciences (BPPLS) will acquire a 2.3 million square foot portfolio of lab office buildings from a Brookfield...
DuPont to sell Chestnut Run Laboratory campus in Delaware to MRA Group
MRA Group, based in Horsham, Pennsylvania, today announced that it has signed a letter of intent with DuPont to acquire the Chestnut Run Laboratory campus...
Dalfen Industrial continues expansion of Atlanta portfolio
Dalfen Industrial closed on the acquisition of Gwinnett Logistics Center in Dacula, Georgia, a suburb northeast of Atlanta.
The industrial building totals 320,519 square feet...
Blackstone to acquire Interior Logic Group for $1.6bn
Blackstone-managed private equity funds have agreed to acquire Interior Logic Group Holdings, LLC (ILG) from Littlejohn & Co. LLC, Platinum Equity and other equity holders,...
JLL Income Property Trust buys life sciences building in New Jersey for $47m
JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million.
The property...
