Capital Markets

According to a new forecast from USC Lusk Center, Los Angeles' aggressive rent growth will increase by $136 in the next two years.

The high-end department store retailer reportedly was in discussions with Leonard Green & Partners to help arrange up to $7 billion in financing.

The New York City-headquartered company states it plans to utilize the facility to fund future acquisitions, including two properties, which are currently under agreement and are expected to close in the fourth quarter of 2017.

“Ours is a story of career bankers and career distribution people that have come together to build a real estate capital markets advisory shop,” says Lotus Capital founder Faisal Ashraf.

However, about 60% of institutional investors globally are under-invested in real estate relative to their target allocations, says Hodes Weill & Associates.

With rising investor demand comes rising prices. 800 Corporate Point trades for $148 million, making it one of the largest ever in the submarket.

The joint venture with J.P. Morgan Asset Management will “further enhance our capacity by making us even more nimble and effective in the pursuit of new development opportunities,” says L&L Holding CEO David Levinson.

“Being there and soaking in all that information is key to our members,” says Julie Kang, Manhattan chapter president of the Asian Real Estate Association of America.