Zynga sells its San Francisco HQ building for $600m
The social and mobile games developer Zynga has signed a sale and leaseback agreement with Beacon Capital Partners, an American private real estate investment...
Union Investment signs lease extension with Texas Capital Bank in Dallas
Germany-based real estate investment manager Union Investment has signed a 15-year lease extension with Texas Capital Bank in Dallas.
The Class A office building...
NMHC Rent Payment Tracker finds 80.2 percent of apartment households paid rent as of...
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.2 percent of apartment households made a full or partial rent payment by May...
Harrison Street adds 26 self-storage properties to portfolio
Harrison Street has purchased a portfolio of 26 self-storage properties comprised of nearly 2.7 million rentable square feet and 18,765 units, across six states.
The...
WeWork names new chief executive officer
WeWork has appointed David Tolley as Chief Executive Officer.
Tolley has served as a WeWork Board Member since February 2023 and as interim Chief...
Ventas, GIC form research & innovation development JV
Ventas, an S&P 500 company, announced it has formed a joint venture with GIC, a global investment firm established in 1981 to manage Singapore’s...
KKR expands real estate credit strategy with $850m fund close
KKR has closed its KKR Opportunistic Real Estate Credit Fund II (ROX II), securing over $850 million in commitments.
The fund will focus on...
Nuveen launches two new businesses for real assets platform
Global asset manager Nuveen has structured its real assets platform by launching two new business units, 'to create a more streamlined proposition as investors...
JLL unveils AI model for commercial real estate
JLL has unveiled JLL GPT, the first large language model purpose-built for the commercial real estate (CRE) industry.
Developed by JLL Technologies (JLLT), the...
Global prime office rents continue upward trend as demand surges
In the final quarter of 2024, rents for prime office space across the globe saw a slight increase of 0.3%, while fit-out costs rose...
KBS signs lease extension with BNP Paribas for 53,186 square feet
KBS, one of the largest investors in premier commercial real estate in the nation, announced that it has signed a lease extension for...
U.S. economy still on track to slow in 2019 : Fannie Mae
Headline economic growth for 2019 continues to be forecast at 2.2 percent, down from 3.0 percent in 2018, according to the Fannie Mae Economic and...
