Lendlease, Ivanhoé Cambridge to build life science project in Boston Landing
Lendlease and Ivanhoé Cambridge have acquired a 1.15-acre land site at 60 Guest Street to develop a life science project in the Boston Landing...
Lennar forms $4bn single family rental platform
Lennar Corporation has formed a single family rental platform, the Upward America Venture.
The business will initially be capitalized with a total equity commitment of $1.25...
Black Creek Group to develop 1.7 msf industrial facility in Inland Empire
Denver-based real estate investment management firm Black Creek Group will develop two industrial real estate projects in the Inland Empire.
The developments, Etiwanda Commerce...
LaSalle appoints new co-heads of Americas
LaSalle Investment Management has appointed Kristy Heuberger and Brad Gries as co-heads of the Americas, effective March 31, 2021.
Heuberger currently serves as LaSalle’s...
Stonemont, Cerberus form JV to invest in US industrial service facilities
Industrial real estate investor Stonemont Financial Group has formed a joint venture with an affiliate of Cerberus Capital Management to invest in industrial service...
Wells Fargo Survey: Construction industry hopeful about 2021, despite optimism dip
Wells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end...
Dexus fund to merge with AMP Capital fund
Australian real estate group Dexus has made a proposal to merge its fund with AMP Capital Diversified Property Fund.
The company said on Tuesday that...
Blackstone, Starwood Capital to acquire Extended Stay for $6bn
Blackstone Real Estate Partners and Starwood Capital Group have agreed to acquire Extended Stay America, Inc., headquartered in Charlotte, North Carolina, the largest integrated...
Blackstone completes acquisition of lab office portfolio from Brookfield
Blackstone announced that Blackstone Property Partners Life Sciences (BPP Life Sciences) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio...
CBRE Global Investors buys Class-A industrial facility in Tacoma, Washington
CBRE Global Investors has bought three Class-A industrial buildings totaling 428,010 square feet, known collectively as Portside 55, in Tacoma, Washington. The purchase price...
Amazon to open first fulfillment center in Amarillo, TX
Amazon.com, Inc. will open a new one million square-foot fulfillment center in Amarillo, Texas. The new facility is expected to launch in early 2022...
AllianceBernstein raises $900m for US commercial real estate debt fund
Global investment management firm AllianceBernstein(AB) has completed the first closing of its fourth US Commercial Real Estate Debt fund (CRED IV) with nearly $900m...
