Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Jones Lang LaSalle Inc has launched a non-traded mortgage REIT that would originate and acquire a variety of commercial real estate debt instruments...
Commercial Real Estate Direct Staff Report The board of RREEF Property Trust Inc, a non-traded REIT that was formed in 2013 by an affiliate of DWS Group, has adopted a plan of liquidation The plan now goes before the company’s shareholders If...
PCCP LLC has completed capital raising for its latest real estate equity and debt funds The Los Angeles investment manager raised $27 billion of equity commitments for its PCCP Equity X LP fund and $23 billion for its PCCP Credit XI fund The two,...
Independence Realty Trust Inc has agreed to acquire Centerspace in a stock transaction valued at $215 billion, including assumed liabilities Under terms of the agreement, every Centerspace common share and operating partnership unit will be...
American Strategic Investment Co, the former New York City REIT Inc that owns five commercial properties in New York City, has warned that it has "substantial doubt" about its ability to remain a going...
Landmark Properties, among the country's most active student-housing developers, has raised $140 million of commitments for its latest value-add investment...
Goldman Sachs has agreed to acquire LCN Capital Partners, a New York investment manager specializing in the net-leased property sector, in a deal valued at up to $410 million The investment banking giant is making a $260 million upfront payment,...
SparrowHawk has paid just less than $400 million, or $9091/sf, for a portfolio of 20 industrial buildings with 44 million square feet in four Midwestern states The Houston industrial property investment manager, which last year lined up $300 million...
Commercial Real Estate Direct Staff Report H&R REIT, one of Canada’s largest REITs, has reached an agreement to sell itself in a deal valued at roughly $481 billion, including assumed debt The Toronto company is selling its apartment...
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