Breakthrough raises $1bn for life science property fund
Breakthrough Properties (Breakthrough) announced that it has raised over $1 billion in capital for the Breakthrough Life Science Property Fund and in co-investments.
Breakthrough Properties, a joint...
U.S commercial, multifamily mortgage debt rises to $3.82tn
U.S commercial and multifamily mortgage debt outstanding rose by $57.0 billion (1.5 percent), to $3.82 trillion in total, in the third quarter of 2020,...
Urban Edge buys mall in Massapequa, NY from URW for $29.7m
Urban Edge Properties announced that it has acquired Sunrise Mall in Massapequa, New York from Unibail-Rodamco-Westfield (URW) for $29.7 million plus up to $6...
Global investment activity to increase up to 50% in 2021, says Colliers
According to Colliers International Group's new Global Capital Markets 2021 Investor Outlook, investors are largely optimistic about a market rebound in 2021.
Colliers anticipates a...
Stone Point Capital, Insight Partners to acquire CoreLogic for $6bn
Private equity firms Stone Point Capital and Insight Partners have agreed to acquire CoreLogic, a global property information, analytics and data company, for $80...
Vector Group launches proptech investment venture
Douglas Elliman parent company Vector Group has launched a property technology investment venture, New Valley Ventures, to invest in PropTech startups.
In connection with the...
Slate acquires commercial real estate business from Annaly for $2.3bn
Slate Asset Management, a real estate focused alternative investment platform, has acquired Annaly Capital Management's commercial real estate business (ACREG) for US$2.33 billion.
The acquisition includes...
Clarion Partners buys biopharmaceutical facility in Braintree, MA
Clarion Partners Real Estate Income Fund Inc. (CPREIF) has acquired a 58,935-square foot biopharmaceutical facility located on more than three acres at 55 Messina...
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...
CPP Investments, Greystar form U.S. life sciences development JV
Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar) have formed a new joint venture to develop Class-A life...
CBRE Global Investors adds four assets to self-storage portfolio
A fund sponsored by CBRE Global Investors has added four self-storage assets totaling 3,746 units across 296,286 square feet to its portfolio in the...
CenterSquare, Arch form JV to invest in service properties
CenterSquare Investment Management (CenterSquare) and Arch Street Capital Advisors (Arch) have formed a joint venture (JV) to invest in high-end service properties in the...
