KKR buys residential building in Phoenix
KKR has acquired The District at Scottsdale, a 332-unit Class A residential building in Phoenix. The purchase price was not disclosed.
Constructed in 2019, The District...
CBRE IM acquires student housing property in Tampa
CBRE Investment Management's fund CBRE Strategic Partners U.S. Value 9, through a joint venture with student housing pioneer GMH Communities, has acquired Venue at North Campus, a...
Facebook Canada launches grant program and new supports for small businesses
Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants, virtual training...
Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower
Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...
Legal & General, Ancora launch US life science real estate platform
Legal & General Capital (LGC) has established a 50:50 partnership with U.S.-based real estate developer Ancora to invest in life science and technology assets across multiple regional...
CBRE GI acquires 1.35 msf industrial portfolio in Aberdeen, Maryland
CBRE Global Investors managed fund has acquired a 1,347,800-square-foot industrial portfolio in Aberdeen, Maryland. The purchase price was not disclosed.
Located 40 minutes northeast of...
Moody’s Analytics forecasts US office vacancy rate hitting historic high of 19.9% in 2021
Moody’s Analytics today announced its new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets...
Union Investment adds Florida retail center to global portfolio
Germany-based Union Investment has purchased the Fountains of Boynton, a grocery anchored retail center in Florida. The purchase price was not disclosed.
The...
Investors eye value-add opportunities in APAC real estate market for 2025
The Asia Pacific (APAC) commercial real estate market is poised for steady growth in 2025, driven by a resilient regional economy and a downward...
Vacasa to acquire Resort Lodging Company in Colorado
-Vacasa Grows Investment in Colorado Through Acquisition of Resort Lodging Company
-Company Will Add 250+ Steamboat Springs Vacation Homes to its Portfolio
Vacasa, North America’s largest...
PGIM Real Estate acquires multifamily portfolio in Japan for $120m
PGIM Real Estate announced Thursday that it has acquired a six-building multifamily portfolio located across Tokyo and Yokohama, Japan for US$120 million.
The portfolio consists...
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...
