Trump Organization to sell Washington hotel for $375m, WSJ reports
Donald Trump’s family business The Trump Organization has agreed to sell its flagship Washington D.C. hotel, the Trump International Hotel, for $375 million, The...
Lincoln Property, Cadillac Fairview, IMCO grow multifamily fund to $1.8bn
Lincoln Property Company’s residential division (Lincoln Residential) and its partner, Cadillac Fairview, as co-sponsor, have grown their US multifamily fund from $800 million to...
KKR, Gulf Bay sell all condominium units in Mystique at Pelican Bay
KKR and Gulf Bay Group of Companies (Gulf Bay) have sold all condominium units in Mystique at Pelican Bay, a trophy luxury residential tower in Naples, Florida,...
Global commercial property prices rise 7.3% year-over-year in Q3 2021
Global commercial property prices increased by 7.3% year-over-year in the third quarter of 2021, according to the latest RCA CPPI Global Cities report.
The Asia Pacific region...
Greystar sells US multifamily value-add fund for $3.6bn
Greystar Real Estate Partners has agreed to sell a 30-property, U.S. multifamily portfolio for $3.6 billion.
The fund was formed as part of Greystar’s flagship...
NPS, Tishman Speyer launch $1.5bn investment platform
The National Pension Service of Korea (NPS) and Tishman Speyer have launched NPS-Tishman Speyer Thematic Platform, a $1.5 billion separately managed account (SMA) focused on investments in...
Madison, Newbond launch $500m hospitality lending partnership
Madison Realty Capital and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT.
Under...
Brookfield raises over $500m for growth fund
Global alternative asset manager Brookfield Asset Management has raised over $500 million for its growth fund, Brookfield Technology Partners II.
Brookfield Growth provides strategic capital to high-growth...
Morgan Properties buys two portfolios for $780.5m
Morgan Properties has purchased two portfolios totaling 18 apartment communities and 4,724 units in four states: Georgia, Florida, North Carolina, and South Carolina.
The company...
Industrial Logistics Properties Trust to buy Monmouth for $4bn
Industrial Logistics Properties Trust is acquiring Monmouth Real Estate Investment Corporation for $4 billion.
Industrial Logistics Properties Trust (ILPT) Friday said that it had entered...
Barings, Hines buy Reed District site in Nashville for mixed-use project
Barings and Hines have formed a joint venture partnership to acquire the Reed District site in Nashville for the future development of a 2.7-million-square...
