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...
Macquarie raises $1.9bn for global opportunistic real estate fund
Macquarie Asset Management has closed the Macquarie Real Estate Partners (MREP), an opportunistic real estate fund, raising approximately $1.9 billion in equity.
MREP is...
