Elion Partners announces strategic investment from Goldman Sachs Vintage Funds
Elion Partners (“Elion”), a real estate investment firm, today announced a strategic investment from Goldman Sachs Vintage Funds (the “Vintage Funds”) in an Elion-sponsored...
Blackstone announces $8bn final close for latest real estate debt fund
Blackstone announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). BREDS IV has...
DivcoWest closes real estate investment fund at $2.25bn
DivcoWest, a real estate investment firm headquartered in San Francisco, has closed its latest value-add real estate investment fund, DivcoWest Fund VI, at approximately...
SL Green to sell Manhattan office property for $952m
SL Green Realty has agreed to sell 410 Tenth Avenue, the 636,000-square-foot Manhattan office redevelopment anchored by Amazon and First Republic Bank, for $952.5...
Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower
Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...
Korea’s NPS awards Russell Investments $1bn global listed real estate mandate
South Korea’s public pension fund National Pension Service (NPS) has awarded a US$1 billion global listed real estate mandate to Russell Investments, the global...
Realterm, J.P. Morgan acquire 1.75 msf logistics portfolio in US
Realterm and J.P. Morgan Asset Management have acquired a 1.75 million-square-foot, highly functional high flow-through (HFT) logistics portfolio in the United States.
The portfolio was...
Latch to merge with Tishman Speyer-backed SPAC to go public
Latch Inc., a maker of smart locks and building-management software, and TS Innovation Acquisitions Corp., a special purpose acquisition company (SPAC) sponsored by global real...
Marriott CEO Arne Sorenson dies at age 62
Arne Sorenson, the president and chief executive officer of Marriott International Inc., has passed away on February 15, 2021 at the age of 62.
In May...
AllianceBernstein raises $900m for US commercial real estate debt fund
Global investment management firm AllianceBernstein(AB) has completed the first closing of its fourth US Commercial Real Estate Debt fund (CRED IV) with nearly $900m...
Granite REIT buys 1 msf distribution facility in Atlanta for $69m
Canadian-based REIT Granite has acquired 3090 State Highway 42, a 1 million square foot warehouse distribution facility situated on 85.6 acres in the greater...
Commercial real estate forecast: Urban multifamily properties will rebound in 2021
Moody’s Analytics today announced new forecasts for commercial real estate (CRE) rents and vacancies covering eight property types and more than 3,000 submarkets across...
