U.S CRE lending momentum continues to improve, says CBRE
U.S commercial real estate (CRE) lending markets strengthened in Q2 2021, with increased lending activity and tighter credit spreads, according to the latest research...
CIM provides $120m construction loan for mixed-use project in Orlando
CIM Group-managed fund has provided a $120 million construction loan to Property Markets Group (PMG) and Raven Capital Management to finance Society Orlando, a...
KKR fund provides mezzanine loan for Chicago multifamily property
KKR Real Estate Select Trust (KREST) has provided a $65m mezzanine loan to Crescent Heights, an urban real estate firm, to support the...
Oxford Properties, J.P.Morgan sell One Memorial Drive in Boston for $825.1m
Oxford Properties Group and J.P. Morgan Global Alternatives have sold One Memorial Drive, a 409,422 square foot Class A office building in Cambridge, Massachusetts,...
KKR announces new net lease investment platform
KKR has launched a new net lease investment platform, Strategic Lease Partners (SLP), to invest in a diversified portfolio of triple-net lease (NNN) real...
Equity Residential, Toll Brothers form partnership for rental apartment communities
Equity Residential and Toll Brothers, through its Toll Brothers Apartment Living division, have established a partnership to develop new rental apartment communities in key...
Ivanhoé Cambridge, JLL announce agreement for Canadian retail operations
Ivanhoé Cambridge has signed an agreement with JLL for the operations of its retail properties across Canada.
On October 1, 2021, Ivanhoé Cambridge will transition the...
Rexford Industrial makes two acquisitions for $194.4m
Rexford Industrial Realty has acquired two industrial properties for $194.4 million.
The acquisitions were funded using cash on hand.
"These investments, acquired through off-market transactions, demonstrate the company's programmatic and...
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...
Global hotel investment activity reaches $30bn in H1 2021
Global hotel investment activity reached $30 billion in the first half of 2021, inclusive of entity-level deals, representing a strong increase of 66% year-over-year...
City Office REIT to sell life science portfolio for $576m
City Office REIT, Inc. has entered into definitive agreements to sell all of its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
The transactions...
Blackstone, Landmark Properties form $784m student housing partnership
Blackstone Real Estate Income Trust (BREIT) and Landmark Properties have formed a $784 million joint venture to recapitalize and acquire eight student housing assets...
