Breakthrough Properties, which was formed last year by a venture of Tishman Speyer Properties and Bellco Capital, has completed raising more than $1 billion for a commingled fund and co-investments that would be used to fund the development and...
Commercial Real Estate Direct Staff Report IQHQ Inc, which was founded last year by the former chief executive and president of BioMed Realty Trust Inc, has raised $17 billion of equity commitments through a private placement with institutional...
Kennedy Wilson has purchased a stake in three apartment properties with 880-units in Tempe, Ariz, Colorado Springs, Colo, and Broomfield, Colo, in a deal valued at $198 million The properties are: Rockrimmon, with 260 units at 5824 Walsh Point Drive...
Rialto Capital Management has topped $14 billion of equity commitments for its latest debt-investment fund, making it by far the largest fund it's raised And more recently, it launched a property-investing counterpart, through which it's raised $80...
Commercial real estate companies are getting into the blank-check, or special-purpose acquisition, company business Both Tishman Speyer Properties and CBRE Group recently filed to raise equity for their respective SPACs, TS Innovation Acquisitions...
Jadian Capital, a New York alternative investor that was formed three years ago by the former head of private real estate at Fir Tree Partners, has raised $650 million of equity commitments for its inaugural fund, Jadian Real Estate Fund I The...
Commercial Real Estate Direct Staff Report Bow Street LLC had made an offer to buy Paramount Group for $950-$10/share in cash, or up to $22 billion But Paramount rebuffed the offer, saying the proposal was “inadequate” and...
Simon Property Group has once again struck an agreement to acquire Taubman Centers Inc The Indianapolis mall REIT, which in February had agreed to pay $5250 for every Taubman outstanding share, has reduced its proposed common-stock consideration by...
Simon Property Group has told its loan servicer that it was unwilling to inject additional equity into the Montgomery Mall in suburban Philadelphia, a sign that the retail property soon will be owned by its lenders The 11 million-square-foot...
Commercial Real Estate Direct Staff Report Macerich Co collected 80 percent of rents it was owed during the third quarter, marking a vast improvement over the 61 percent rent-collection rate of the second quarter, when most of its properties were...
