Meghan Morris
Chicago-based BlueRoad Ventures, the real estate investment manager backed by local hot dog baron Dick Portillo, acquired a retail portfolio for $139 million.
Despite a decline last year, global real estate trading will increase 4 percent in 2016, according to a new Cushman & Wakefield report.
The real estate arm of financial services firm USAA is teaming up with a Midwest healthcare developer as part of its expansion into the asset class.
The Chinese insurer made an unsolicited takeover proposal for Starwood Hotels & Resorts Worldwide as it also agreed to buy Blackstone’s Strategic Hotels for around $6.5 billion.
The Denver-based firm is reportedly raising two opportunistic funds simultaneously.
The Chicago-based firm closed its fourth value-add fund above target.
The Hartford, Connecticut-based real estate investment manager will combine with other MassMutual subsidiaries by the end of the year.
The Bahrain investment manager tapped a Macquarie executive to lead its new European business.
The Chicago-based firm is trying to raise a value-add fund that is more than double the size of its predecessor vehicle.
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The Teacher Retirement System of Texas committed $300 million to Blackstone’s latest European fund and $200 million to Invesco.
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