Katherine Bucaccio
According to the financial services firm’s 2014 Real Estate Outlook Survey, more capital will be deployed in secondary markets, as well as the Southeast and Midwest regions of the US.
The recently-acquired hospitality firm has purchased the Westin Diplomat Resort &Spa in Hollywood, Florida, as well as several adjacent parcels.
The Chicago-based real estate investment manager has been awarded its second billion-dollar property mandate in the past week, this time from the £12.6 billion Greater Manchester Pension Fund.
The real estate subsidiary of the Caisse de dépôt et placement du Québec has sold a 5.66 million-square-foot portfolio of shopping centers and office buildings to Canadian REIT Cominar.
The San Rafael, California-based pension plan will sell off the properties in its separate account with Woodmont Realty Services and reinvest much of the capital in core funds.
The San Francisco-based real estate investment firm has entered into a contract with Beacon Capital Partners to purchase the 1.1 million-square-foot Aon Center office building.
The Chicago-based investment firm has sold a portfolio of 12 healthcare properties for $283 million.
The Chicago-based investment manager has purchased 11 properties through a new joint venture with Brightview Senior Living.
The Boston-based real estate investment manager has collected $371 million in commitments for its second fund focusing on the niche sector.
The Chicago-based investment firm has raised C$216 million for Canadian Income & Growth Fund IV, which is targeting a total raise of C$250 million.