Asset Manager News & Perspectives

August 21, 2023

Hines Global Income Trust Acquires Logistics Center in Columbus

Hines, the global real estate investment, development, and property manager, announced that Hines Global Income Trust, Inc. (“HGIT”) has acquired I-70 Logistics Center located at 9157 Mink Street SW in Columbus, Ohio, a distribution center that is 100% leased to a third-party logistics provider.

August 17, 2023

NexPoint Residential Trust, Inc. Announces Entrance into Contract to Sell Old Farm in Houston, TX, and Silverbrook in Dallas, TX

"NXRT is excited to execute our strategic objectives to sell out of our Houston market positions and pay off our most expensive debt capital..."

August 17, 2023

Wood Partners and GTIS Partners Opens 308-Unit Alta West Morehead Apartment Community in Uptown Charlotte Neighborhood

"Alta West Morehead is our second development in the FreeMoreWest submarket of Charlotte, and we are so excited to welcome a fresh crop of residents to their new home..."

August 16, 2023

ExchangeRight Announces Collection of 100% of Rent Due Across Entire Net Lease AUM Inception-to-Date

All 88 of ExchangeRight’s offerings continue to meet or exceed investor distribution targets.

August 16, 2023

Blackstone Names Harper BREIT President While Agarwal Goes on Leave

Blackstone Inc.’s $68 billion real estate trust said its president A.J. Agarwal will go on a sabbatical for nine months and Rob Harper will fill that role...

August 16, 2023

SmartStop Self Storage REIT, Inc. Reports Second Quarter 2023 Results

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months and six months ended June 30, 2023...

August 16, 2023

Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit

SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential business with a portfolio of 36.5 billion kronor ($3.4 billion) for an initial public offering, according to a person familiar with the matter...

August 15, 2023

Atlantic Pacific Companies and GTIS Partners Announce Joint Venture for New Development in Miami

"This new venture provides us the opportunity to invest in a significant Class A multifamily development in a location of tremendous growth in the Downtown Miami market."

August 11, 2023

Sealy & Co. Purchases 265,700 SF Iowa Warehouse

Sealy & Co. has continued its midwestern industrial expansion with the purchase of Building A of the Altus Commerce Center, a 265,700-square-foot Class A warehouse and distribution center in Altoona, Iowa.