Lincoln Property, Cadillac Fairview, IMCO grow multifamily fund to $1.8bn
Lincoln Property Company’s residential division (Lincoln Residential) and its partner, Cadillac Fairview, as co-sponsor, have grown their US multifamily fund from $800 million to...
KKR, Gulf Bay sell all condominium units in Mystique at Pelican Bay
KKR and Gulf Bay Group of Companies (Gulf Bay) have sold all condominium units in Mystique at Pelican Bay, a trophy luxury residential tower in Naples, Florida,...
BlackRock, Outpost JV to invest £500m in UK residential assets
BlackRock’s European Property platform and Outpost Management, a residential focused real estate asset management firm based in London, have formed a new joint venture...
Greystar sells US multifamily value-add fund for $3.6bn
Greystar Real Estate Partners has agreed to sell a 30-property, U.S. multifamily portfolio for $3.6 billion.
The fund was formed as part of Greystar’s flagship...
Morgan Properties buys two portfolios for $780.5m
Morgan Properties has purchased two portfolios totaling 18 apartment communities and 4,724 units in four states: Georgia, Florida, North Carolina, and South Carolina.
The company...
Kennedy Wilson, Goldman Sachs pay $95m for Denver apartment community
Kennedy Wilson and Goldman Sachs Asset Management Real Estate have acquired Arista Uptown, a 272-unit garden-style apartment community in Broomfield, Colorado for $95 million.
Completed in 2012, the...
Hines fund buys second living asset in Denmark
Hines has purcased Mariendalsvej 55-57, its second living asset in Denmark, on behalf of its Hines European Core Fund (HECF), for an undisclosed price.
Located in...
Ares to develop over 3,600 affordable rental residential units in Madrid
Ares Management Corporation said Friday that funds managed by the Ares Real Estate Group (Ares) were awarded an innovative public-private partnership with the Community...
KKR buys multifamily property in Jacksonville, Florida
KKR's fund KKR Real Estate Select Trust Inc. (KREST) and RPM Living Investments have acquired The Beach House Apartments, a multifamily property in Jacksonville, Florida.
KKR said...
Adler to sell real estate portfolio for €1bn
German residential real estate company Adler Group SA said on Tuesday that it had signed a letter of intent with an investment fund for...
Greystar starts construction on first Chicago development
Greystar has started construction on its first high-rise development project at 166 N. Aberdeen Street in downtown Chicago.
The new building will include 223 apartments in...
Home REIT pays £166.4m for 366 properties across England, Wales
Home REIT has acquired 23 portfolios comprising 366 properties located across England and Wales for £166.4 million following its £350 million equity issue in...
