The venture, which includes the Boston-based investment firm and Washington DC-based MRP Realty, has acquired the Air Rights Center in Bethesda, Maryland for $240 million.
1 min read · 27 August 2013
The subsidiary of global asset manager Invesco has hit the fundraising trail for an $800m opportunity fund and a rare open-ended, core focused vehicle for which it expects to attract $1bn in five years.
2 min read · 27 August 2013
With just over one week before voting closes, time is running out for you to decide on the best performers in real estate in 2012. Your vote is particularly crucial in several races that are extremely tight.
2 min read · 27 August 2013
The consortium is purchasing grocery chains Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market from US retail giant Supervalu, as well as the underlying real estate. In addition, a Cerberus-led investment entity will purchase up to 30 percent of Supervalu’s outstanding shares.
2 min read · 27 August 2013
The Nashville, Tennessee-based private equity real estate has held a final closing for its latest apartment redevelopment fund thanks to backing from existing and new investors.
1 min read · 27 August 2013
Jones Lang LaSalle expects direct cross border transactions to rise significantly thanks in particular to striking growth in the savings industry of developing countries.
2 min read · 27 August 2013
The global investment firm has purchased 16 properties valued at roughly $120 million in the greater Houston and Chicago metropolitan areas.
2 min read · 27 August 2013
The Houston-based firm has purchased 24th at Camelback I from GLL Real Estate Partners for $81 million, marking the first investment made on behalf of the Hines US Office Value Added Venture III fund, which closed in August.
1 min read · 27 August 2013
The Sam Zell-led REIT is selling 27 multifamily properties across the US to a venture between Goldman’s REPIA and Greystar Real Estate Partners.
2 min read · 27 August 2013
Wall Street bank steps up its harvesting programme of European investments via the IPO of German housing platform, LEG Immobilien.
2 min read · 27 August 2013
