America’s 20 richest real estate billionaires on Forbes 2021 list
Irvine Company chairman Donald Bren is the richest real estate baron in the United States with an estimated net worth of $15.3 billion, according to...
Ivanhoé Cambridge, GID form $2bn industrial real estate platform
GID, a privately-held real estate company, and global real estate investor Ivanhoé Cambridge have formed an investment platform, GID Industrial, to invest in industrial...
AREP sells Class-A office asset in Richmond
American Real Estate Partners (AREP) has sold Riverside on the James, a 263,752-square-foot Class-A office asset in Richmond, Virginia to Opal Holdings.
Located at...
TA Associates sells its funds’ ownership interest in Exeter to EQT
Private equity firm TA Associates said Tuesday it has sold its funds’ ownership interest in Exeter Property Group to EQT AB (EQT).
''The $1.87...
UBS extends lease at Shorenstein’s UBS Tower in Nashville
Shorenstein Properties, LLC has signed a lease renewal with global wealth manager UBS for approximately 138,000 square feet at UBS Tower in Nashville, Tennessee.
Global wealth...
Dalfen Industrial buys two properties in Las Vegas
Dalfen Industrial has purchased two industrial properties in Henderson, Nevada, a suburb of Las Vegas.
The properties total over 263,000 square feet in the...
Ares raises $1.7bn for third U.S. opportunistic real estate fund
Ares Management Corporation has closed its third Ares U.S. Real Estate Opportunity Fund III, L.P. (AREOF III) with $1.7 billion of commitments, exceeding the fund's...
PGIM provides $41m loan for acquisition of industrial portfolio
PGIM Real Estate has provided a $41 million loan facility to Dalfen Industrial for the acquisition of a three-building Class A industrial portfolio with...
BioMed Realty to expand Emeryville Center of Innovation campus
BioMed Realty, a Blackstone portfolio company, has received development approval from the City to expand its Emeryville Center of Innovation campus.
Plans for the...
Historic building in downtown Seattle sells for $580m
Global investment firm KKR and Seattle-based commercial real estate firm Urban Renaissance Group LLC have acquired 300 Pine, a 770,000 sq. ft., eight-story mixed-use...
Lincoln Property to acquire Excelsior Multifamily
Lincoln Property Company said Thursday it will acquire Excelsior Group’s multifamily property management business, Excelsior Multifamily LLC. Terms of the sale were not disclosed.
Excelsior...
Brookfield to acquire remaining stake in Brookfield Property Partners for $6.5bn
Brookfield Asset Management Inc. (Brookfield) said Thursday it has reached an agreement to acquire all of the limited partnership units of Brookfield Property Partners...
