Subject: Joint ventures (JV)

Watermark Lodging Trust Inc., which last month had warned about its ability to remain a "going concern," has raised $200 million from Oaktree Capital Management and Ascendant Capital Partners, allowing it to stabilize its balance sheet and possibly pursue opportunistic ...

Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...

Crain's New York Business Daniel Kretinsky, a Czech billionaire, has acquired a 6 percent stake in Foot Locker Inc. Foot Locker has temporarily closed most of its stores as a result of the coronavirus pandemic. Earlier this month, Kretinsky acquired ...

Commercial Real Estate Direct Staff Report Strategic Holdings has recapitalized a portfolio of six apartment properties with 1,217 units in Florida and Georgia by selling a $22 million preferred equity interest to Bluerock Residential Growth REIT. The transaction, arranged by ...

PGIM Real Estate and Bridge Development Partners LLC have formed a venture to acquire and develop cold-storage properties throughout the United States. The companies are targeting to invest $400 million through the venture in the next two to three years. ...

Caisse de depot et placement du Quebec has made a $190 million preferred-equity investment in Avison Young, providing the fast-growing brokerage firm additional fuel to execute on its growth plans. In a statement, Avison Young said it would use proceeds ...

Bascom Group and real estate private equity veteran William C. Wells have formed Milestone Partners to provide sponsors with general partner capital, helping them deal with an often arduous fundraising process.

Starlight Investments, a Toronto investment manager that targets apartment properties in the United States, has formed a partnership with two other Canadian investment managers to pursue recently built apartment properties in certain Sunbelt markets. The two investors are the Public ...

Principal Real Estate Investors has formed a venture with GMH Capital Partners that plans to make $650 million of student-housing acquisitions over the next 12 to 18 months. Principal is a Des Moines, Iowa, investment manager with $54.3 billion of ...

TPG Real Estate has invested $120 million in LifeStorage LP, a Roseville, Calif., owner of 78 self-storage properties. The investment will fund an effort by LifeStorage to expand its presence into the top-50 markets across the country. Its portfolio currently ...