The 10 richest real estate billionaires in the world
Xu Jiayin, chairman and founder of China Evergrande Group, is the richest real estate billionaire in the world with an estimated net worth of US$33...
Nuveen Real Estate’s U.S. Cities Industrial Fund raises $660m
Nuveen Real Estate, one of the largest real estate investment managers globally with $130 billion of assets under management, has raised $660 million to...
HBC to sell Lord + Taylor for $100M
Canadian retail business group Hudson' Bay Company (HBC) announced on Wednesday that it has agreed to sell its Lord + Taylor department store business to...
KingSett announces lease renewal with Scotiabank in Toronto
KingSett Capital and Alberta Investment Management Corporation (AIMCo) announced a lease renewal with Scotiabank for 560,000 square feet of space at 40 King Street and...
U.S commercial, multifamily loan originations decrease 47% in Q3 2020
U.S. commercial and multifamily mortgage loan originations decreased 47 percent in the third quarter of 2020 compared to the same period last year, and...
Brookfield repositions REIT strategy for anticipated real estate recovery
Brookfield has unveiled a series of enhancements to its private wealth real estate strategy, positioning Brookfield Real Estate Income Trust Inc. (Brookfield REIT) to...
Newmark names Richard Bertasi as CEO of Global Corporate Services
Newmark Group, Inc. has hired Richard Bertasi as Chief Executive Officer of its Global Corporate Services (GCS) business.
Richard Bertasi has more than 25 years of experience...
California Pizza Kitchen files for voluntary Chapter 11 restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success
California Pizza Kitchen...
GSA enters US student accommodation market
Purpose built student accommodation (PBSA) firm Global Student Accommodation Group (GSA) has entered the US market, the world’s largest PBSA market, through the acquisition...
The 10 most popular CRE Herald news stories in November
Here are the 10 most popular CRE Herald global commercial real estate (CRE) market news stories for the month.
Carlyle acquires UK senior housing developer Beechcroft
Global...
Office building in Northern Virginia sold for $90m
Clarion Partners, LLC has sold 3150 Fairview Park Drive, a 257,489-square-foot, trophy office building in Falls Church, Virginia to funds managed by U.S.-based Apollo...
Apple signs lease for Kilroy Realty’s 333 Dexter in Seattle
Apple has signed a long-term lease with Kilroy Realty Corporation, a publicly traded real estate investment trust based in Los Angeles, for fully occupy...
