JLL Income Property Trust buys Boston apartment community for $72.5m
JLL Income Property Trust has purchased Princeton North Andover, a 192-unit apartment community in the affluent north-Boston suburb of North Andover, Massachusetts, for $72.5...
CBRE Group buys Union Gaming
Commercial real estate services and investment firm CBRE Group, Inc. has acquired Las Vegas-based Union Gaming, a boutique investment bank and advisory firm focused exclusively...
KKR makes first investment in self-storage sector
KKR has acquired three self-storage properties through separate transactions with two different sellers for $36 million.
KKR said the purchases represent KKR real estate’s first...
CBS Building in Midtown Manhattan sells for $760m
Harbor Group International (HGI) said Monday it has agreed to acquire 51 West 52nd Street, popularly known as the CBS Building or Black Rock, a...
Morgan Stanley raises $3.1bn for global real estate fund
Morgan Stanley Real Estate Investing, the global private real estate investment management business of Morgan Stanley, has raised $3.1 billion for North Haven Real...
Blackstone to buy hotel portfolio from Condor Hospitality Trust for $305m
Condor Hospitality Trust has agreed to sell its entire portfolio of hotels to Blackstone Real Estate Partners for $305 million in an all cash...
BentallGreenOak acquires warehouse in Atlanta for $79m
BentallGreenOak has made its second industrial property investment in Atlanta this year with the acquisition of a 1,015,740 square foot bulk distribution warehouse at...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT.
Under...
Investcorp to expand US industrial footprint with new venture
Investcorp has established a new venture with two sovereign wealth funds to acquire industrial real estate assets in the United States.
Investcorp said this...
Saudi REIT pays $62m for US logistics portfolio
Saudi Arabia-based Riyad Capital said its Shariah-compliant real estate investment fund, Riyad REIT, has invested SAR 233 million (appr. $62 million) in a US...
Ivanhoé Cambridge, Lendlease launch new life science joint venture
Ivanhoé Cambridge and Lendlease have launched a new life science joint venture to invest in state-of-the-art labs, offices and manufacturing spaces in high-growth life science clusters...
Korean investor buys distribution center in west Houston for $190m
South Korea-based international investor Mirae Asset Global Investments has acquired a 1.5 million-square-foot distribution center located on a headquarter campus in suburban Houston, Texas...
