Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m
Black Creek Industrial REIT IV, a fund managed by Ares Management Corporation, has acquired 48 industrial properties totaling 8.3 million square feet from affiliates...
Noble adds fourteen hotels to portfolio
Noble Investment Group has acquired a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio.
Noble plans to invest in physical enhancements across the portfolio.
“Since the...
Ares to acquire Black Creek Group
Ares Management Corporation (Ares) has agreed to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (Black Creek), a...
KKR invests in Inland Empire warehouse property
KKR has acquired 6300 Providence Way, a Class A warehouse property located in Eastvale, California, a highly infill submarket of the Inland Empire.
The building...
Josh W. Posnick joins Trammell Crow as global head of capital markets
Trammell Crow Company (TCC) has appointed Josh W. Posnick as Global Head of Capital Markets, expanding its senior leadership team with a focus on...
Savills completes £827m acquisition of Eastdil Secured
Savills has completed its $1.1125 billion acquisition of Eastdil Secured, combining its international real estate advisory business with the global real estate investment bank...
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin, the CEO of Canada's largest pension fund CPP Investments, has resigned due to mounting criticism after it was revealed that he travelled...
Regent Properties buys iconic office tower in Dallas
Regent Properties has acquired Trammell Crow Center, a 50-story, 1.2 million square-foot, Class-A office tower located at 2001 Ross Avenue in Dallas.
Regent purchased the property...
CoStar closes acquisition of Ten-X Commercial for $190m
CoStar Group has completed the previously announced acquisition of Ten-X Commercial for $190 million in cash.
“We are pleased that we were able to close...
Hodes Weill & Associates reports on impact of COVID-19 on global institutional sentiment for...
Discussions with more than 100 institutions finds that investors remain optimistic about real estate, despite expected near-term slowdown in investment activity
While COVID-19 and the...
Kennedy Wilson buys U.S multifamily portfolio for $342m
-Kennedy Wilson Acquires Western U.S Multifamily Portfolio in Off-Market Transaction for $342 Million
-1,457-unit transaction boosts company’s multifamily presence in Mountain States and Pacific Northwest
Kennedy...
Retailers urge federal pandemic insurance program similar to 9/11 terrorism coverage
The National Retail Federation today called on Congress to pass legislation establishing a federal program that would help businesses obtain insurance coverage for pandemics...
