National
China Life Among GLP’s Partners on $4.55B Logistics Portfolio
Singapore-based GLP partnered with three leading global investors, including China Life Insurance Co., to complete the $4.55 billion acquisition of a U.S. logistics portfolio.
JV to Invest $1B in U.S.-Based Real Estate Assets
SunCap Property Group and Blumberg Investment Partners have teamed on a joint venture with Ping An Insurance Group of China.
Macerich Closes First of Three Giant Joint Ventures
The Macerich Co. has closed on a previously announced joint venture with GIC, in which the regional mall REIT contributed a 40 percent interest in four properties.
What October’s Cooling Rents Mean for Multifamily
Yardi Matrix editorial director Paul Fiorilla weighs in on the October Matrix Monthly report findings.
KeyCorp Grows Banking Portfolio in $4.1B Transaction
KeyCorp will acquire First Niagara in a cash and stock transaction valued at approximately $4.1 billion, making the parent of KeyBank the 13th largest bank in the U.S.
SEC Finally Pulls Trigger on Crowdfunding Rules
In a move that was both long delayed and much anticipated, the U.S. Securities and Exchange Commission adopted the final rules implementing Title III of the JOBS Act.
MGM Resorts Forms New REIT With 10 Properties
MGM Resorts International announced that it will create a controlled REIT, to be named MGM Growth Properties LLC, or MGP, with ten of its well-known properties.
Matrix Monthly Reports Cooling Apartment Rents in October
New record high continues unbroken string of monthly increases in 2015.
C&W: Economy Still Driving Growth in Office, Industrial Markets
The U.S. industrial market is the hottest commercial real estate sector, with third-quarter vacancy at cyclical lows and rent growth the strongest it has been in 15 years.
Fallout from Walgreens–Rite Aid Deal Could Be Substantial
Following Tuesday’s announcement by Walgreens that it had agreed to buy Rite Aid for about $9 billion, CPE examined the likely consequences of the deal on the real estate side.