Finance
3650 REIT Closes First Tranche of $950M Investment Vehicle
CalSTRS is a lead investor in the fund’s $580 million initial closing.
New $600M Partnership to Target E-Commerce Assets
ElmTree Funds has joined forces with Guggenheim Investments to acquire industrial properties across the U.S., with a focus on last-mile and logistics facilities.
JV Kicks Off $100M MOB Fund
Chestnut Funds and Anchor Health Properties have launched their second fund as their current $50 million vehicle completes its investment period.
Blackstone, LBA Logistics Recap $1.6B in Industrial Assets
The portfolios comprise 71 properties totaling 9.5 million square feet.
Onicx Development Lands $22M Refi for Tampa-Area MOB
Berkadia secured the financing for the 86,770-square foot property in Trinity, Fla.
Lionheart Strategic Management Launches $250M Loan Acquisition Venture
In a partnership with Schroders Investment Management, the company will focus on transitional and distressed investments, addressing a greater need for liquidity following the onset of the COVID-19 pandemic.
PGIM JV Sells San Francisco Asset for $166M
Deutsche Bank provided acquisition financing, county records show.
KKR Closes 1st Asian Fund at $1.7B
With backing from a diverse pool of investors, the Asia Pacific fund is one of the largest to be raised in the region.
Barings, The Fallon Co. Recap Raleigh Office Project
The trophy tower will be part of the mixed-use Raleigh Crossing project downtown.
Ivanhoé Cambridge, PAG Launch $400M Logistics Venture
The companies, which have been strategic partners for several years, are eyeing opportunities in three of Japan’s largest metro areas.