Blackstone announces $8bn final close for latest real estate debt fund

Blackstone announces $8bn final close for latest real estate debt fund

Blackstone announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). BREDS IV has...
Paul McDonnell to step down from United Rentals

Paul McDonnell to step down from United Rentals

United Rentals, Inc. (NYSE:URI) today announced that Paul McDonnell, chief commercial officer, will leave the company on September 30, 2020. Mr. McDonnell will continue...
Mack-Cali sells office portfolio in Morris County, New Jersey for $160m

Mack-Cali sells office portfolio in Morris County, New Jersey for $160m

Mack-Cali Realty Corporation, a real estate investment trusts (REITs), headquartered in Jersey City, New Jersey, announced it has sold a 10-building office portfolio in Morris County,...
Turner-AECOM Hunt joint venture celebrates the opening of SoFi Stadium, largest in the NFL

Turner-AECOM Hunt joint venture celebrates the opening of SoFi Stadium, largest in the NFL

SoFi Stadium recently kicked off its first regular season NFL football game Turner-AECOM Hunt, the joint venture of Turner Construction Company and AECOM Hunt, part...
KKR acquires industrial property in Phoenix for $43m

KKR acquires industrial property in Phoenix for $43m

Global investment firm KKR has acquired an industrial distribution property in Phoenix, Arizona for $43 million. The asset is the third industrial property acquired...
Greystar to acquire 45% of private real estate investment firm

Greystar to acquire 45% of private real estate investment firm

Greystar Real Estate Partners, LLC announced it has agreed to acquire 45 percent of Thackeray Partners (Thackeray), a private real estate investment firm with...
Simon to close properties on Thanksgiving Day

Simon to close properties on Thanksgiving Day

Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day. "In these challenging times, we made...
SL Green celebrates the historic opening of One Vanderbilt Avenue

SL Green celebrates the historic opening of One Vanderbilt Avenue

1,401 foot tower redefines the Manhattan skyline, transforms the modern workplace and reaffirms the future of New York City SL Green’s private $220 million investment...
Elion Partners acquires last-mile industrial distribution asset in Southern California

Elion Partners acquires last-mile industrial distribution asset in Southern California

Real estate investment firm Elion Partners has acquired a 110,663-square-foot last-mile industrial distribution asset located at 1111 Pioneer Way in El Cajon, California, a...
Aimco announces the formation of Apartment Income REIT, a self-managed $10 billion REIT, and the closing of a $2.4 billion joint venture

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...
Amazon hiring 100,000 new employees in U.S, Canada

Amazon hiring 100,000 new employees in U.S, Canada

Amazon.com Inc. is hiring 100,000 full and part-time employees across the U.S. and Canada in addition to 33,000 corporate and technology jobs announced last week. The roles offer...
Newmark hires eleven industrial real estate advisors from Savills

Newmark hires eleven industrial real estate advisors from Savills

Newmark Group has hired eleven industrial real estate advisors to its offices across North America. These advisors specialize in supply chain and logistics real estate and...

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