LONDON—“Institutional allocations to real estate are dominated by a small group of investors which allocate large amounts to the asset class,” says Preqin's Andrew Moylan.

NEW YORK CITY—NY Residential REIT recently announced it had made its first investment as part of the public offering, a preferred equity investment in a luxury development project in Chelsea that is under construction and near completion.

LOS ANGELES—According to a report from JLL, Southern California has more tech talent than any other US market, and it is attracting tech companies and start-ups.

ARLINGTON, TX—Arbors at Brookhollow is an 113,500-square-foot class-A multi-tenant office building at 2201 E. Lamar Blvd. featuring underground parking on a 7.94-acre site in Arlington's Entertainment District.