Institutional Real Estate Newsline
May 28, 2012: Vol. 20, Number 21Buy For $65.00 Add to Cart
Cole Acquires California Mall for $147 Million
Cole Real Estate Investments has paid $147 million for Eastland Center, an 806,331-square-foot retail power center in West Covina, Calif.
- Blackstone Checks into $1.9 Billion Hotel Deal
- CalSTRS Buys Stake in LCOR, Acquires Multifamily Portfolio
CBRE Global Investors sell R-15 Land Parcel at Atlantic Station
CBRE Global Investors has sold the 43,750-square-foot R-15 land parcel at Atlantic Station, a shopping, entertainment, office and residential community in Atlanta.
Franklin Templeton Exceeds Fundraising Goal
Franklin Templeton Real Asset Advisors (FTRAA) has held a final close for its value-added fund, Franklin Templeton Private Real Estate Fund.
Hines Closes Fund Targeting Russia and Poland
Hines has held a final close for its Hines Russia & Poland Fund (HRPF), a Luxembourg-based fund that has been formed to invest more than €900 million ($1.14 billion) into Russian and Polish real estate investments
- NMSIC Invests $75 Million in Core Heitman Fund
University of Michigan Commits $15 Million to Sterling Retail Fund
The University of Michigan has approved a commitment of $15 million to The Sterling Organization’s Sterling Value-Add Partners.