PSP Investments, Pretium form $700m JV for single-family rentals
PSP Investments, one of Canada’s largest pension investment managers, and Pretium, an alternative investment management firm, have established a joint venture to invest in single-family rentals...
Rockpoint secures $5.1bn in equity capital for real estate fund
Boston-based real estate private equity firm Rockpoint has announced the completion of its current fundraising cycle, securing a remarkable $5.1 billion in aggregate equity...
ACS, Global Infrastructure Partners form €2bn global data center joint venture
ACS Group has signed an agreement with Global Infrastructure Partners (GIP), part of BlackRock, to establish a 50:50 joint venture aimed at developing and...
KBS sells Class A office tower in Tigard, Oregon for $27m
KBS has sold Triangle Corporate Park III, a five-story, 127,504 square-foot Class A office tower in Tigard, Oregon.
The property was purchased by a fund...
Vornado completes $350m refinancing of 909 Third Avenue
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has completed a $350 million refinancing of 909 Third Avenue, a 1.4 million square foot...
Federal Reserve cuts interest rates for third time this year
In line with market expectations, the Federal Reserve cut its key benchmark interest rate by a quarter of a percentage point, to a range...
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...
KKR fund provides mezzanine loan for Chicago multifamily property
KKR Real Estate Select Trust (KREST) has provided a $65m mezzanine loan to Crescent Heights, an urban real estate firm, to support the...
Ontario Teachers’ hires Pierre Cherki to lead global real estate operations
Ontario Teachers’ Pension Plan has announced the appointment of Pierre Cherki as the Executive Managing Director, Real Estate, effective January 22.
This is a...
Madison, Newbond launch $500m hospitality lending partnership
Madison Realty Capital and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity...
ICF moves global headquarters to Comstock’s Reston Station
Global consulting and digital services firm ICF will move its global headquarters to Comstock’s 1902 Reston Metro Plaza at Reston Station in Reston, Virginia....
Greystone appoints Hafize Gaye Erkan as CEO
Greystone has appointed Hafize Gaye Erkan as its Chief Executive Officer (CEO), effective immediately.
Her executive responsibilities will commence in September 2022. Gaye Erkan...
