Breakthrough Properties buys Boulder property for life science redevelopment
Breakthrough Properties, a life sciences real estate developer backed by a joint venture of Tishman Speyer and Bellco Capital, has acquired a 9.3-acre, four-building campus in Boulder, Colorado.
The...
Aimco forms $1bn multifamily joint venture with Alaska Permanent Fund
Apartment Investment and Management Company (Aimco) and Alaska Permanent Fund Corporation (APFC) have signed a programmatic joint venture agreement to fund up to $1...
KKR expands Sunbelt industrial portfolio with $300m investment
KKR has expanded its industrial real estate portfolio in the Sunbelt market with the acquisition of two properties, one located in Georgia and one...
Bridge Investment Group launches proptech investment strategy
Bridge Investment Group has launched a new strategy, Bridge Ventures, to expand into the PropTech market.
The company hired Jeremy Ford as chief investment officer...
Realterm raises $630m for fourth value-add logistics fund
Realterm has announced the final close of Realterm Logistics Fund IV (RLF IV) at its contractual hard cap of $630 million in LP commitments....
CBRE signs $3.5bn sustainability-linked revolving credit facility
CBRE has signed a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.
The facility includes incentives...
KKR sells 1.7 msf industrial warehouse portfolio in Chicago
KKR has sold a portfolio of distribution properties located in Chicago to a global investment manager for an undisclosed price.
The portfolio consists of 13...
American Campus Communities’ stockholders approve $12.8bn acquisition by Blackstone
American Campus Communities' stockholders approved the acquisition of the company by Blackstone Core+ perpetual capital vehicles, primarily comprised of Blackstone Real Estate Income Trust,...
AllianceBernstein raises $1.3bn for latest US commercial real estate debt fund
AllianceBernstein(AB) has announced the final closing of US Commercial Real Estate Debt Fund IV, securing commitments of $1.3 billion from global institutional investors.
AllianceBernstein said the CRED...
Morgan Properties pays $410m for two Midwest portfolios
Morgan Properties has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana for $410 million.
The Illinois portfolio consists of...
StepStone Group invests $300m in ACRE’s multifamily platform
Global real estate private equity firm ACRE has secured a $300 million capital commitment from StepStone Group as part of a new strategic partnership.
ACRE...
Swiss Life invests in JFK International Airport’s New Terminal One project
Swiss Life Asset Managers on behalf of its funds has taken a minority equity stake in JFK International Airport’s New Terminal One development project....
