Kennedy Wilson invests $198m in western U.S. multifamily portfolio
Kennedy Wilson has acquired 880 units across three multifamily properties in an off-market transaction for $198 million in the Mountain States.
The multifamily assets were acquired...
CoStar Group to acquire Homesnap for $250m in cash
CoStar Group, Inc. announced that it has reached an agreement to acquire Homesnap, Inc., a digital residential real estate solutions provider, for $250 million...
KKR continues to invest in U.S. industrial real estate assets
Global investment firm KKR continues to grow U.S. industrial real estate portfolio with its first investment in the Lehigh Valley market.
KKR said today that its...
CRE Herald’s top 10 most read news stories of 2020
CRE Herald team wishes you a happy new year and all the best for 2021. CRE Herald presents top 10 most read commercial real...
Skanska to build 28-story office building in downtown Houston
Skanska announced that it has signed a 15-year lease with the international law firm Norton Rose Fulbright US LLP for its planned office tower...
Barings recapitalizes office property in Downtown San Diego
Barings said Wednesday that it has closed a joint venture between Barings and Phase 3 Real Estate Partners / Bain Capital to reposition and...
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin, the CEO of Canada's largest pension fund CPP Investments, has resigned due to mounting criticism after it was revealed that he travelled...
Oaktree raises $4.7bn for eighth real estate opportunities fund
Oaktree Capital Management, L.P. has raised $4.7 billion for its Oaktree Real Estate Opportunities Fund VIII (ROF VII), exceeding the original target of $3.5...
Bell Partners forms $800m core multifamily venture
Bell Partners has formed an $800 million core multifamily venture with its institutional partners.
The venture plans to acquire over $1.5 billion of well-located, lower...
W.P. Carey invests $170m in four US net leased properties
W. P. Carey Inc. has invested $170 million in four net leased properties, approximately 1.1 million square feet, in the United States.
The investments comprise...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Elion Partners raises $500m for logistics fund
Elion Partners has raised $500 million for its latest value-added logistics fund, Elion Real Estate Fund V.
The fund targets logistics real estate assets in...
