Institutional Real Estate Newsline
February 7, 2011: Vol. 19, Number 6Buy For $65.00 Add to Cart
Bristol Holds First Close for High-Return Closed-end Fund
Bristol Group, a San Francisco–based real estate investment and development firm, has announced a first close of Bristol Value II.
- J.H. Snyder Co. Partners with Washington Capital Management
J.P. Morgan Asset Management Buys Office Space in Los Angeles
Horizon PH I Office Holdings LLC, an entity advised by J.P. Morgan Asset Management – Global Real Assets, has agreed to pay about $300 million for Horizon at Playa Vista, a 486,000-square-foot, two-building office development in Los Angeles.
- ProLogis and AMB to Merge as Equals
Real Estate Fundraising in 2010 Surpasses 2009 Total
Despite a quarterly record low of $3 billion of announced private equity real estate fund closings during the final three months of the year, the 2010 12-month figure of $45.3 billion in fund-raising activity eclipsed the 2009 total of $41.7 billion, according to Institutional Real Estate FundTracker.
Senior Housing Fundamentals Hold Steady in Fourth Quarter 2010
The overall occupancy rate for senior housing assets remained unchanged in fourth quarter 2010, and average rent growth was flat during the past year, according to NIC MAP, a data and analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC).