CPP Investments, Greystar form $840m US single-family rental JV
Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC have formed a new joint venture to develop and acquire purpose-built...
Madison Realty Capital raises more than $2bn for debt fund
Madison Realty Capital has raised $2.08 billion for Madison Realty Capital Debt Fund V LP, exceeding the fund’s $1.75 billion target.
Fund V received significant...
Invitation Homes to form $300m JV with Rockpoint
Invitation Homes has entered into an agreement with Rockpoint Group to form a new joint venture partnership to acquire single-family rental homes in premium...
Rockpoint, ADIA form $2bn industrial real estate platform
Boston-based real estate investment management firm Rockpoint has formed an industrial real estate platform with a wholly owned subsidiary of the Abu Dhabi Investment...
SL Green sells office condominium at 609 Fifth Avenue for $100.5m
SL Green Realty has sold a vacant office condominium at 609 Fifth Avenue to a domestic investor for $100.5 million.
609 Fifth Avenue is...
Morgan Properties pays $410m for two Midwest portfolios
Morgan Properties has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana for $410 million.
The Illinois portfolio consists of...
Bell Partners pays $313m for four apartment communities
Bell Partners has acquired a portfolio of four apartment communities totaling 846 apartment homes located in Atlanta, Dallas, Denver, and Los Angeles for $313 million.
The portfolio was...
Azora Exan pays $78m for office complex in Cincinnati, Ohio
Azora, through its subsidiary Azora Exan, has acquired a portfolio of two first-class office buildings spread across 28,000 square meters in Cincinnati, Ohio for...
OpenAI to open first international office in London
OpenAI, the US-based artificial intelligence (AI) research company and the ChatGPT developer, has announced its first international expansion with a new office in London,...
TA Realty closes value-add fund at $1.8bn
TA Realty LLC has announced the final close of TA Realty Value-Add Fund XIII with total equity commitments of approximately $1.8 billion.
Fund XIII is...
DRC Savills IM joins forces with Quadrant for US real estate debt venture
Savills Investment Management's debt investment platform DRC Savills Investment Management has formed a joint venture with QCP LLC (Quadrant), the owner of Quadrant Real...
WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit
WeWork, the global workspace provider, announced significant progress in its real estate and financial restructuring efforts, positioning itself for emergence from Chapter 11 in...
