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Bridge Investment Group deploys $4.5bn across multiple strategies
Bridge Investment Group (“Bridge”) and its subsidiaries Bridge Multifamily Fund Manager, Bridge Debt Strategies Fund Manager, and Bridge...
3650 REIT originates $50m loan to develop Center at Miami Gardens
3650 REIT (“3650”), a balance-sheet lender focused on creating long-term relationships by originating, servicing and asset managing long- and short...
Blackstone, MGM Growth form JV to acquire Las Vegas real estate assets for $4.6bn
MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) have entered into a definitive agreement to form a new joint...
Eldorado Resort and Casino in Shreveport, Louisiana sold for $230m
Eldorado Resorts announced that it has agreed to sell the Eldorado Resort and Casino in Shreveport, Louisiana to Maverick Gaming LLC for $230...
CoStar Group joins the NASDAQ 100
As of December 23, 2019, CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online...
U.S., Canadian commercial real estate markets expected to perform well in 2020
Transwestern Commercial Services and Devencore has released the results of their 2020 Commercial Real Estate Sentiment Survey, summarizing the...
Class A office campus in Austin sold for $258m
KKR, a global investment firm, has acquired Riata Corporate Park, a Class A office campus in Austin, Texas, for $258 million. Class A office campus...
Greystone acquires CMBS special servicer C-III Asset Management
Greystone, a commercial real estate lending, investment, and advisory company, has acquired Dallas-based C-III Asset Management LLC (C3AM), one of...
Prologis completes $4bn acquisition of IPT
Prologis, Inc. has completed the acquisition of the wholly owned real estate assets of Industrial Property Trust Inc. (IPT) for approximately $4...
JBG SMITH recasts $1bn revolving credit facility
JBG SMITH announced it has amended and extended its existing revolving credit facility, which was set to mature on July 16, 2021. The recast $1.0...
Boeing OKC campus sold for $124m
Gardner Tanenbaum Holdings (GTH) has sold the Boeing Oklahoma City campus for $124,7 million to OKC Aerospace 1, LLC, the California based investor...
Skanska to build new surgery and clinic center in Atlanta, Georgia
Skanska, as part of a joint venture with H.J. Russell & Company, has signed a contract with Grady Health System (Grady) to build the new Center for...
JBG SMITH teams up with CBRE’s Hana
JBG SMITH Teams Up With Hana, a New Flexible Space Solution From CBRE, To Open First East Coast Location in National Landing as the Neighborhood...
Dodge Momentum Index moves higher in December
The Dodge Momentum Index increased 1.5% in December to 156.2 (2000=100) from the revised November reading of 153.9. Dodge Momentum Index moves...
Invesco buys Class A office buildings in Bellevue, Washington
Invesco Real Estate, Invesco’s global real estate investment business, has acquired two Class A office buildings within the broader Bravern mixed...
Comstock buys Class A office building in Arlington, VA
Comstock Holding Companies, Inc. has acquired The Hartford Building, a 211,450 square foot Class A office building in Arlington, Virginia. Comstock...
Griffin Capital plans new office development in Los Angeles
Griffin Capital Company, LLC, a leading private alternative asset manager, announced its acquisition in December of two parcels of land located at...
Kimco Realty completes land sale in Florida to Spirit Airlines
Kimco Realty Corp., a real estate investment trust (REIT) headquartered in Jericho, N.Y, announced it has completed the sale to Spirit Airlines of...
Service Properties Trust announces new agreements with Marriott
Service Properties Trust (Nasdaq: SVC) has entered agreements with Marriott International, Inc. or Marriott, which combine its three existing...
Amazon to open fulfillment center in Deltona, Florida
Amazon plans to open a fulfillment center in Deltona, Florida. The new facility will create 500 new full-time jobs in the region. Amazon to open...
Circus Circus Las Vegas sold for $825m
MGM Resorts International announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject...
MLG Capital buys ten multifamily assets in Southwest Sunbelt
MLG Capital, a private real estate investment manager, has acquired a portfolio of ten multifamily assets containing ±2,700 units, located across...
Park Hotels announces sale of Le Meridien New Orleans
Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New Orleans, LA, for gross...
Safehold closes $180m ground lease in New York City
Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York...
Office property in Washington, DC sold for $163m
Global project development and construction group Skanska has sold 99M, the Navy Yard office property in Washington, DC, USA, for $163 million (app...
KKR enters Seattle real estate market
KKR, a global investment firm, announced the closing of two real estate transactions totaling over $1.2 billion located in the greater Seattle...
Kennedy Wilson raises $775m for sixth U.S. real estate fund
Kennedy Wilson has exceeded its target, securing $775 million of capital commitments and closed fundraising for Kennedy Wilson Real Estate Fund VI ...
Multifamily property in Georgia sold for $117m
Denver-based real estate investment management and development firm Black Creek Group has acquired a 384-unit multifamily property, Hanover...
Kennedy Wilson buys U.S multifamily portfolio for $342m
Kennedy Wilson announced the acquisition of five multifamily properties in an off-market transaction for $342 million. Kennedy Wilson buys U.S...
U.S commercial property prices climb in November
U.S. commercial property prices increased by 8.7 percent year-over-year in November, according to the latest Real Capital Analytics CPPI ...