U.S multifamily rent growth slows but still strong
Even though U.S. multifamily rents declined in September 2019, the market "remains the picture of stability" amid turbulence in the larger financial world, according to...
LinkedIn signs expansion lease at Empire State Building
LinkedIn has signed its eighth expansion lease at the Empire State Building, adding three and a half floors and 188,653 square feet to its...
Nuveen Real Estate buys $3bn logistics portfolio from Blackstone
Nuveen Real Estate has acquired a portfolio of more than 100 logistics properties across 12 markets in the U.S from Blackstone Group for $3...
Greystar buys 400-unit multifamily property in Atlanta
Greystar Real Estate Partners has acquired The Columns at Akers Mill, a 400-unit, garden-style multifamily community situated in the popular Atlanta suburb of Vinings,...
The 30 richest real estate billionaires in America
Irvine Company Chairman Donald Bren ranked first among the richest real estate billionaires in America with an estimated net worth of $17 billion, nearly six times President...
Boston Properties, CPPIB JV to develop Class A office campus in San Jose
Boston Properties, Inc. and Canada Pension Plan Investment Board (CPPIB) have formed a joint venture to develop Platform 16, a 1.1 million square foot Class A...
Multifamily properties in North Carolina sold for $109M
Investcorp has sold a portfolio of multifamily properties located in Raleigh, North Carolina to TruAmerica Multifamily for $109 million. Investcorp purchased the 830-unit portfolio...
Blackstone to acquire industrial real estate assets for $5.9bn
Colony Capital, Inc. and Blackstone Real Estate Partners IX, an affiliate of Blackstone, have entered into definitive agreements for Blackstone to acquire Colony Industrial,...
WeWork postpones IPO
WeWork’s parent organization The We Company announced that it will withdraw its S-1 filing for its IPO.
WeWork postponed its plan to go public, reportedly until next year,...
Blackstone completes $18.7bn acquisition
Blackstone has closed on its previously announced acquisition of U.S. logistics assets from three of GLP’s U.S. funds for a purchase price of $18.7...
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,...
Caesars Entertainment sells The Rio for $516M
Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas to an...
