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A diverse group of nearly 50 LPs contributed while the company committed $400 million.
Hospitality platform AvantStay raised $160 million in Series B funding, spotlighting ongoing investor interest in this new asset class.
Not surprisingly, these companies find that distribution centers and self-storage real estate are generating strong returns.
The absence of large projects pushes nonresidential starts lower, however the underlying trend remains positive.
Primary commercial markets suffer while most others do well.
December has posted the highest reading of the year.
The fund will acquire off-market assets owned by non-institutional owners, located in stable or growing economies.
Conventional properties can gain a 3.45% bps revenue boost when their online reputation scores rise a single point.
Many Americans don't feel tethered to just one place anymore, Coldwell Banker reported.
The joint venture launches as investor appetite for these assets grows increasingly stronger.