Carroll, PGIM sell 12 multifamily communities for $1.1bn
Carroll, a privately held real estate company, and PGIM Real Estate have sold 12 multifamily communities valued at more than $1.1 billion, representing 4,121...
KBS sells Class A office tower in Tigard, Oregon for $27m
KBS has sold Triangle Corporate Park III, a five-story, 127,504 square-foot Class A office tower in Tigard, Oregon.
The property was purchased by a fund...
US property prices rise 15.9% year-over-year in October
U.S property prices rose 15.9% year-over-year in October, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report.
The RCA CPPI National All-Property...
Kayne Anderson Real Estate closes its largest-ever fund at $2.75bn
Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., has raised $2.75 billion for its sixth opportunistic...
Vornado secures $950m refinancing for Manhattan office building
Vornado Realty Trust has secured a $950 million refinancing for 1290 Avenue of the Americas, a 2.1 million square foot Class A Manhattan office building.
The...
CubeSmart to buy Storage West platform for $1.69bn
CubeSmart has agreed to acquire 100% of the outstanding partnership units of LAACO, the owner of the Storage West platform for approximately $1.69 billion.
The...
Arden Group launches US industrial real estate investment platform
Arden Group has launched Arden Logistics Parks, a new logistics real estate operating platform specializing in the acquisition, improvement and property management of light industrial...
Rockpoint, Resicap expand single-family rental partnership
Real estate private equity firm Rockpoint Group and Resicap, an owner and operator of single-family rental homes headquartered in Atlanta, are expanding their single-family rental...
Slate Office REIT makes cash offer to acquire Irish REIT
Canada's Slate Office REIT has made a C$254.8 million (€177.4 million) cash offer to acquire Irish commercial property company Yew Grove REIT.
Slate Office REIT has...
MSG Entertainment signs lease for 428,000 sq ft at Vornado’s PENN 2
Madison Square Garden Entertainment (MSG Entertainment) has signed a new 20-year lease for 428,000 square feet at Vornado Realty Trust’s PENN 2, which will...
American Tower to buy CoreSite in $10.1bn deal
American Tower is acquiring CoreSite Realty, a US data center operator, in a deal valued at about $10.1 billion.
American Tower Corporation and CoreSite Realty Corporation...
KKR, Global Infrastructure Partners to acquire CyrusOne for $15bn
KKR and Global Infrastructure Partners (GIP) are acquiring CyrusOne, a global data center REIT, for $15 billion.
CyrusOne Monday announced a definitive agreement pursuant to...
