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Partnership to grow portfolio across Southeast, has closed on 3 NC assets and site for new facility in SC.
Debt-financing fund will raise money from endowments for short-term CRE-backed bridge loans.
Squeezed by rising prices, mortgage rate hikes and tight supply, sales hit their lowest level since June 2020.
The NC-based asset manager grew its Bay Area portfolio with a 260-unit complex next to a thriving biotech hub.
Tech giant cites Covid surge, bows to pushback from workers as occupancy barometer hovers at 43%.
VC investment in proptech startups is on pace to shatter last year's record of nearly $12B.
Owner says new city center will bring 4.5M SF of commercial, residential and hotel space to under-served neighborhood.
Swiss-based asset manager says it wants to grow the Sun Belt platform of affordable rentals.
New housing is reserved for owner-occupiers and infrastructure grants are "rewards" for towns that okay high density.
The e-commerce giant signs leases for 439K SF in Santa Monica, Irvine and San Diego, enlarging its footprint to 1.5M SF.