Carolinas

In conjunction with the EdR purchase, Blackstone Real Estate Income Trust, Inc. and partner Greystar Real Estate Partners also reported they had closed on the $1.2-billion purchase of EdR's student housing portfolio.

The Atlanta-based firm reports it has closed on an loan of approximately $12.3 million in connection with Oxford Properties' plans to develop a 240-unit Class A multifamily community at its a 63-acre mixed use project in Fredericksburg.

The markets in which the portfolio assets are located – Atlanta, Orlando, Charleston, Raleigh and Charlotte – are all high population growth markets.

The deal for the 96-room hotel calculated out to approximately $217,000 per room and increases Chatham's presence in this suburb of Charleston.

The equity investment volume of the transaction that Allianz Real Estate is executing on behalf of various Allianz insurance companies stands at around £350m, the company states.

Since 2015, the Fogelman-Thackeray partnership has acquired seven multifamily communities totaling more than 1,800 units, with an aggregate value of more than $220 million.

The brand-new property at 6850 Weber Blvd. in North Charleston is net leased to FedEx Ground for 15 years and totals 265,318 square feet.

The life sciences and tech REIT purchased the East Midtown property agreeing to a sale leaseback with Pfizer.