CIM provides $120m construction loan for mixed-use project in Orlando
CIM Group-managed fund has provided a $120 million construction loan to Property Markets Group (PMG) and Raven Capital Management to finance Society Orlando, a...
KKR buys five self-storage properties for $92m
KKR has bought five self-storage properties totaling approximately 3,884 units for $92 million in separate transactions with two different sellers.
All five properties are strategically...
Kennedy Wilson expands multifamily portfolio with two Seattle acquisitions
Kennedy Wilson has purchased two wholly owned multifamily properties in Seattle, Washington for $265 million.
The company acquired The Bristol at Southport, the region’s...
JLL secures $450m loan for Waikiki beach hotel
JLL's Hotels & Hospitality Group has secured a $450 million loan for the Hyatt Regency Waikiki Beach Resort & Spa. in Honolulu, Hawaii.
JLL worked on behalf...
CubeSmart to buy Storage West platform for $1.69bn
CubeSmart has agreed to acquire 100% of the outstanding partnership units of LAACO, the owner of the Storage West platform for approximately $1.69 billion.
The...
Oxford, EverWest establish $1bn US infill industrial joint venture
Oxford Properties Group has established a joint venture with EverWest Real Estate Investors to invest in U.S. infill industrial properties.
Oxford and EverWest will...
Bridge Industrial, PSP Investments form $550m US warehouse JV
Bridge Industrial and Canada's Public Sector Pension Investment Board (PSP Investments) has established a new joint venture to develop best-in-class modern warehousing in urban...
URW sells Promenade development site in Los Angeles
Unibail-Rodamco-Westfield (URW) has sold the 34-acre site of the former Promenade Mall, located in the San Fernando Valley of Los Angeles, to a group...
Brookfield to buy Watermark Lodging Trust for $3.8bn
Brookfield Asset Management is acquiring Watermark Lodging Trust, a self-managed non-traded real estate investment trust(REIT) with a portfolio of lodging assets, for $3.8 billion.
Watermark Lodging...
Tishman Speyer sells Meta-leased office campus in California
Tishman Speyer has sold the Sunnyvale office campus in California to CommonWealth Partners.
CommonWealth Partners, a Los Angeles-based real estate investment firm, paid $707 million for the Silicon Valley office...
CBRE signs $3.5bn sustainability-linked revolving credit facility
CBRE has signed a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.
The facility includes incentives...
Ancora L&G makes first life science real estate acquisition in US
Ancora L&G, a newly formed joint venture between UK-based asset management company Legal & General Group’s alternative asset platform Legal & General Capital (LGC)...
