Institutional Real Estate Newsline
November 19, 2012: Volume 20, Number 45Buy For $65.00 Add to Cart
Blankenship joins Cassidy Turley
Brad Blankenship has joined Cassidy Turley as managing director of project and development services in Dallas.
Hines promotes Dan Eifert
Dan Eifert has been promoted to vice president of property management at Hines.
Douglas Lee joins Metropolitan Real Estate
Douglas Lee has joined Metropolitan Real Estate Equity Management as managing director.
Brilla Group appoints Luis Antonio Marquez-Heine
Luis Antonio Márquez-Heine has been appointed country manager for Mexico at Brilla Group.
Catherine Rice joins W. P. Carey
Catherine Rice has joined W. P. Carey as managing director and CFO.
Harrison Street Raises $391 Million for Core Fund
Harrison Street Real Estate Capital (HSRE) has raised approximately $391 million for its Harrison Street Core Property Fund, according to a filing with the Securities and Exchange Commission.
Almanac Realty Investors Closes Fund with $819 Million
Almanac Realty Investors, formerly Rothschild Realty, has held a final close for its value-added fund Almanac Realty Securities VI (ARS VI).
Southern Bridge Capital Holds $150 Million Final Close
Southern Bridge Capital (SBC), based in the Cayman Islands, has held a final closing of the SBC Latin America Housing Fund with $150 million in equity commitments.
The Davis Cos. Holds $414 Million Final Close
The Davis Cos. has completed fundraising for its second discretionary commingled investment vehicle, Davis Investment Ventures Fund II, with approximately $414 million of total equity commitments. The total amount succeeds its $350 million fundraising goal.
Quantum Equities' Second Fund Nears Final Close
Seattle-based commercial property developer Quantum Equities has plans to hold a final close for its Cascadia Real Estate Investments II on Nov. 30.
AEW Holds $113 Million First Close for Senior Housing Fund
Boston-based AEW Capital Management has held a $113 million first close for AEW Senior Housing Investors II.
KKR Joint Venture to Develop $150 Million Residential Community
A joint venture between Kohlberg Kravis Roberts & Co. (KKR), Pfeffer Capital and CP Realty has acquired land to develop a high-quality residential community in Williston, N.D.
CapRidge Partners Plans to Invest in Texas Office Properties
Steve LeBlanc, the former senior managing director of private markets at the $110 billion Teacher Retirement System of Texas, and Tom Stacy, a Texas property entrepreneur, have formed their own company, CapRidge Partners.
CPPIB Expands Logistics Portfolio in Brazil
The C$161.6 billion ($158.5 billion) Canada Pension Plan Investment Board (CPPIB) has acquired two logistics portfolios in Brazil, expanding its logistics real estate portfolio in Brazil through two joint venture partnerships.
Hines Selected for Gateway Station complex in Charlotte, N.C.
Hines has been selected by the North Carolina Department of Transportation as master developer for the Gateway Station complex in Charlotte, N.C.
Duke acquires two separate medical office portfolios
Duke Realty Corp. (NYSE: DRE) has acquired two separate portfolios of medical office assets totaling 1.54 million square feet.
- TMG Partners and Rockwood Capital Sell Property
TerraCap Buys Hampton Inn & Suites
TerraCap Partners has acquired a 120-room Hampton Inn & Suites hotel in Fort Myers Beach, Fla., for $4.5 million.