Institutional Real Estate Newsline
August 23, 2010: Vol. 18, Number 32Buy For $65.00 Add to Cart
CPPI Reports Property Prices Falling
Property prices fell in June, according to the Moody’s/REAL Commercial Property Price Indices (CPPI).
Fund-Raising Activity Picks Up in Second Quarter
Although the fund-raising environment remains challenging and it’s slow going for private equity real estate fund sponsors, institutional investors are putting significantly more capital to work during the first half of 2010.
PREIT Sells Shopping Centers to Cedar/RioCan JV
Pennsylvania Real Estate Investment Trust (PREIT) (NYSE: PEI) has agreed to sell interests in seven shopping centers to a joint venture between Cedar Shopping Centers (NYSE: CDR) and Toronto-based RioCan Real Estate Investment Trust.
- OPERS/PCCP JV to Originate First Mortgages
Kennedy Wilson Fund Closes on $125 Million
Kennedy Wilson has raised $125 million for a fund to make equity and debt investments on the West Coast.