CRE Herald’s top 10 most read news stories of 2020
CRE Herald team wishes you a happy new year and all the best for 2021. CRE Herald presents top 10 most read commercial real...
Skanska to build 28-story office building in downtown Houston
Skanska announced that it has signed a 15-year lease with the international law firm Norton Rose Fulbright US LLP for its planned office tower...
Barings recapitalizes office property in Downtown San Diego
Barings said Wednesday that it has closed a joint venture between Barings and Phase 3 Real Estate Partners / Bain Capital to reposition and...
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin, the CEO of Canada's largest pension fund CPP Investments, has resigned due to mounting criticism after it was revealed that he travelled...
Oaktree raises $4.7bn for eighth real estate opportunities fund
Oaktree Capital Management, L.P. has raised $4.7 billion for its Oaktree Real Estate Opportunities Fund VIII (ROF VII), exceeding the original target of $3.5...
Bell Partners forms $800m core multifamily venture
Bell Partners has formed an $800 million core multifamily venture with its institutional partners.
The venture plans to acquire over $1.5 billion of well-located, lower...
W.P. Carey invests $170m in four US net leased properties
W. P. Carey Inc. has invested $170 million in four net leased properties, approximately 1.1 million square feet, in the United States.
The investments comprise...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Monmouth gets revised acquisition proposal from Starwood
Monmouth Real Estate Investment Corporation on Thursday confirmed it has received a revised, unsolicited acquisition proposal from Starwood Capital Group.
Under the terms of Starwood’s...
KKR to sell Riata Corporate Park in Austin for over $300m
KKR has agreed to sell Riata Corporate Park to a global institutional investor in a deal valued at over $300 million.
Riata Corporate Park is an eight...
PGIM Real Estate provides $250m in financing for logistics portfolio
PGIM Real Estate has provided $250 million in fixed-rate debt to GLP Capital Partners LP (GCP) for the financing of a five state, five...
