Realty Income, KKR launch €528m European real estate joint venture
Realty Income and KKR are forming a euro-denominated joint venture that will own a diversified portfolio of 54 European net lease properties, as the...
Gadsden Growth Properties buys commercial retail space in San Francisco Bay Area
Gadsden Growth Properties, Inc., acquired Mission Hills Square, a mixed-use ground up development that includes 158 residential apartment units and 53,900 square feet of...
Global ultra-wealthy population to rise 22% in 5 years, they invest in CRE
The global UHNWI (Ultra-high net-worth individuals,those with $30m+ or more in net assets) population is expected to increase by 22 percent in the coming...
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...
CIM Group to develop new mixed-use project in downtown Atlanta
CIM Group will develop a new mixed-use project in downtown Atlanta known as the Gulch. CIM Group has launched its high-profile project as Centennial...
Federal Reserve cuts interest rate by quarter point
The US Federal Reserve cut its key benchmark interest rate by a quarter point to a range of 2%-2.25% on Wednesday.
The Federal Open...
US commercial property prices rise 6.7% y-o-y in August
U.S. commercial property prices increased by 6.7 percent year-over-year in August, 0.8% from July, even as deal volume slid for a second consecutive month,...
ICF moves global headquarters to Comstock’s Reston Station
Global consulting and digital services firm ICF will move its global headquarters to Comstock’s 1902 Reston Metro Plaza at Reston Station in Reston, Virginia....
Trinity Place announces sale of Shoppes of Forest Hill in Palm Beach, Florida
Trinity Place Holdings announced that it has closed on the sale of the Shoppes of Forest Hill Neighborhood Shopping Center in Palm Beach County,...
Park Hotels sells hotel in Los Angeles for $117m
Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million.
“We are very...
LPC West, Cerberus acquire three-tower office campus in Renton, WA
LPC West, the West Coast arm of national real estate firm Lincoln Property Company, together with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”),...
US construction starts move lower in January
Total construction starts in the U.S slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data...
