Foreign investment in US residential real estate falls to lowest since 2011
International buyers purchased 107,000 U.S. residential properties totaling $54.4 billion from April 2020 through March 2021, a 31% and 27% decrease, respectively, from the...
Clearwater Living, Berkshire Realty Ventures to invest in senior living assets
Clearwater Living and Berkshire Realty Ventures, an investment vehicle co-managed by an affiliate of Berkshire Residential Investments and Broadview Real Estate Partners, have partnered...
Ascott Residence Trust to buy Texas student accommodation asset for US$70m
Singapore-based hospitality real estate investment trust (REIT) Ascott Residence Trust (ART) has announced its third student accommodation investment in the United States.
Ascott Residence Trust...
Partners Group, Barings invest in Milestone
Barings and Partners Group announced the recapitalization of Milestone Equipment Holdings (Milestone), a provider of transportation equipment and supply chain solutions in the US.
Through...
Blue Owl to buy Oak Street for $950m
Blue Owl Capital Inc. has agreed to acquire Chicago-based real estate investment firm Oak Street Real Estate Capital LLC and its investment advisory business...
NPS, Tishman Speyer launch $1.5bn investment platform
The National Pension Service of Korea (NPS) and Tishman Speyer have launched NPS-Tishman Speyer Thematic Platform, a $1.5 billion separately managed account (SMA) focused on investments in...
Bloomberg signs expansion lease at SL Green’s 919 Third Avenue
Media giant Bloomberg has signed a 191,207 square foot expansion lease at 919 Third Avenue covering the entire 28th through 33rd floors.
This expansion increases Bloomberg’s...
Teacher Retirement System of Texas buys office property in Austin
Shorenstein Properties has sold the Alpha Building to the Teacher Retirement System of Texas (TRS). Terms of the transaction were not disclosed.
The Alpha Building is located north...
AXA IM Alts appoints Fiona Choi Kurz as US Senior Sales Manager
AXA IM Alts has appointed Fiona Choi Kurz as U.S. Senior Sales Manager.
Based in New York, Fiona Choi Kurz will play a key role...
Blackstone to buy PS Business Parks for $7.6bn
Blackstone has agreed to acquire PS Business Parks for $7.6 billion.
PS Business Parks(PSB) and Blackstone Monday said that they have entered into a definitive...
LaSalle Canada Property Fund buys industrial portfolio in Toronto
LaSalle Canada Property Fund has acquired 21 mid-bay industrial properties in the Greater Toronto Area with an unnamed international partner.
The properties total nearly...
PepsiCo buys 152 acres of land in Denver to build its largest plant in...
PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area to build a state-of-the-art, 1.2...
