Kennedy Wilson raises $775m for sixth U.S. real estate fund
Kennedy Wilson has exceeded its target, securing $775 million of capital commitments and closed fundraising for Kennedy Wilson Real Estate Fund VI (“Fund VI”),...
Vornado to sell five Manhattan retail properties for $184.5m
Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties for $184.5 million.
The Manhattan retail properties, located at 677...
Circus Circus Las Vegas sold for $825m
MGM Resorts International announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject...
U.S commercial, multifamily mortgage debt rises to $3.82tn
U.S commercial and multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent), to $3.82 trillion in total, in the third quarter of 2020,...
Rockpoint, BEB Capital to invest in Northeastern US industrial assets
BEB Capital, an investor and developer of industrial, office and multifamily assets throughout the East Coast, has formed a programmatic joint venture with real...
TA Realty announces strategic hires
TA Realty LLC, a leading provider of real estate investment management services to U.S. and non-U.S. institutional investors, today announced that it has appointed...
ICSC calls on Canadian leadership to support Canada’s shopping centre industry
The COVID-19 crisis is threatening the viability of the shopping centre industry as stores and restaurants close to help contain the spread of the...
DivcoWest closes real estate investment fund at $2.25bn
DivcoWest, a real estate investment firm headquartered in San Francisco, has closed its latest value-add real estate investment fund, DivcoWest Fund VI, at approximately...
Ascott Residence Trust to buy Texas student accommodation asset for US$70m
Singapore-based hospitality real estate investment trust (REIT) Ascott Residence Trust (ART) has announced its third student accommodation investment in the United States.
Ascott Residence Trust...
AXA IM Alts and Cabot complete New Jersey industrial roof solar project
A joint venture between AXA IM Alts and Cabot Properties has completed a 3.7 MW community solar project on the rooftop of an industrial...
Ardent debuts UK self-storage business with three assets
U.S.-based real estate firm The Ardent Companies has launched a UK self-storage platform, branded as The Place 4 Self Storage, as it seeks to...
Stockbridge forms industrial real estate JV with Korean pension fund
Real estate investment management firm Stockbridge announced that it has formed a joint venture with the National Pension Service of Korea (NPS) to acquire...
