A Principal Financial investment vehicle has paid $156 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that's being converted into an addiction treatment facility The investment is the third for the vehicle,...
Digital Realty Trust Inc has raised $325 billion of equity commitments for its first-ever commingled investment fund that specifically targets data centers The fund, Digital Realty DC Partners NA Fund, which was launched early last year, has...
Carmel Partners has raised $135 billion of commitments for its latest investment vehicle, Carmel Partners Investment Fund 9 The fund is a follow-up to Fund 8, through which the San Francisco investment manager raised $15 billion in 2023 It already...
Commercial Real Estate Direct Staff Report The weighted average capitalization rate for net-leased properties has declined for the first time in 15 consecutive quarters, according to the Boulder Group The overall cap rate for properties offered for...
Apollo Global Management has agreed to invest $1 billion in a newly created venture with Realty Income Corp that will own roughly 500 of the REIT's retail...
Sound Point Capital, which originated $650 million of commercial mortgages last year, is expected to increase that to $1 billion this year...
Commercial Real Estate Direct Staff Report Realty Income Corp, which launched its debut commingled fund last year, has raised $15 billion from more than 40 investors for the open-ended vehicle, Realty Income US Core Plus Fund LP The fund, which...
Blank-check companies might be on their way back So far this year, 20 SPACS have been launched targeting just more than $48 billion through their initial public offerings Among them is Cantor Fitzgerald & Co, which might end up targeting a real...
Meadow Partners has made a $62 million preferred equity investment in the 51 Astor Place office building in Manhattan’s Midtown South submarket The 386,000-square-foot property is owned by a venture of Edward J Minskoff Equities and the...
Eastham Capital has raised $160 million of a targeted $500 million for its latest multifamily investment fund The vehicle, Eastham Capital Fund VII, targets value-add multifamily properties with 100 or more...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
