Park Hotels announces sale of Le Meridien New Orleans
Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New Orleans, LA,...
Safehold closes $180m ground lease in New York City
Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York...
Office property in Washington, DC sold for $163m
Global project development and construction group Skanska has sold 99M, the Navy Yard office property in Washington, DC, USA, for $163 million (app. SEK...
Kennedy Wilson raises $775m for sixth U.S. real estate fund
Kennedy Wilson has exceeded its target, securing $775 million of capital commitments and closed fundraising for Kennedy Wilson Real Estate Fund VI (“Fund VI”),...
KKR enters Seattle real estate market
-KKR closes on two real estate transactions totaling over $1.2 billion in the Greater Seattle region
KKR, a global investment firm, announced the closing of...
Lendlease to sell Engineering business
Lendlease, the Australian property and infrastructure group, has entered into an agreement with Acciona Infrastructure Asia Pacific (Acciona) to sell its Engineering business for A$180...
Stockland buys Melbourne land parcel for $105m
Stockland has acquired an 89.5 hectare land parcel within the Donnybrook precinct in Melbourne’s north for A$105 million.
The land is located within the approved...
Multifamily property in Georgia sold for $117m
Denver-based real estate investment management and development firm Black Creek Group has acquired a 384-unit multifamily property, Hanover Perimeter, located in the heart of...
Värde Partners exceeds target raising nearly $2.5bn in 13th fund
Värde Partners, a global alternative investment firm, announced it has raised its 13th flagship vehicle, Värde Fund XIII, with $2.47 billion in commitments.
The Fund...
Morgan Stanley raises $5.5bn for third global infrastructure fund
-Morgan Stanley Investment Management Raises $5.5 Billion for Its Third Global Infrastructure Fund
Morgan Stanley Infrastructure Partners has raised $5.5 billion for North Haven Infrastructure...
Park Hotels sells hotel in Los Angeles for $117m
Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million.
“We are very...
Kennedy Wilson buys U.S multifamily portfolio for $342m
-Kennedy Wilson Acquires Western U.S Multifamily Portfolio in Off-Market Transaction for $342 Million
-1,457-unit transaction boosts company’s multifamily presence in Mountain States and Pacific Northwest
Kennedy...
