Bain Capital, Magnolia Capital form $900m JV to invest in multifamily housing
Bain Capital Real Estate and Magnolia Capital have formed a $900 million joint venture to invest in multifamily housing in primary and secondary markets...
Healthcare Realty forms joint venture with TIAA
Healthcare Realty Trust Inc. and Teachers Insurance and Annuity Association (TIAA) have formed a joint venture to invest in medical office buildings.
Healthcare Realty...
JLL appoints EMEA CEO Guy Grainger as global sustainability head
JLL has appointed its EMEA CEO Guy Grainger as Global Head of Sustainability Services & ESG, effective January 1, 2021.
Guy Grainger has led...
PGIM RE provides $408m acquisition loan for industrial property portfolio
PGIM Real Estate has provided a $408 million senior loan facility to an institutional real estate investor for the acquisition of 11 Class A...
SL Green closes $1.25 billion construction loan for One Madison Avenue
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it and its joint venture partners, the National Pension Service of...
Simon, Taubman revise merger price to $43.00 per share in cash
Simon Property Group, the biggest U.S. mall operator, and Taubman Centers have reached a definitive agreement to modify certain terms of their original merger agreement, including...
Empire State Realty closes $180m loan for Manhattan office property
Empire State Realty Trust has closed on a $180 million mortgage loan for 250 West 57th Street, a 542,000 square foot Manhattan office and retail...
CBRE expects recovery in U.S. commercial real estate sectors next year
CBRE expects that 2021 will see a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back from the pandemic-induced...
Office building in Northern Virginia sold for $90m
Clarion Partners, LLC has sold 3150 Fairview Park Drive, a 257,489-square-foot, trophy office building in Falls Church, Virginia to funds managed by U.S.-based Apollo...
Amazon announces new fulfillment center to be built in Mississippi
Amazon has announced a new fulfillment center to be built in Madison County, Mississippi. The fulfillment center will be the first facility located in...
Investcorp sells eight multifamily properties in U.S for $900m
Investcorp has sold eight multifamily properties located in Arizona, California, Florida and New York to multiple buyers for more than US $900 million.
The multifamily...
Moody’s Analytics forecasts resilient outlook for US industrial property rents
Moody’s Analytics today announced new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets across...
