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LOS ANGELES—Seven months after closing its sixth fund with $2.7 billion, Oaktree Capital Management launches a seventh fund that aims to raise $3 billion and offers an 8% preferred return.
CHICAGO—The 30-year veteran was most recently the president of Chicago-based Origin Capital Partners and will help the company expand in Chicago industrials and the Southeast and Southwest.
DORAL, FL—An affiliate of Hines U.S. Office Value Added Fund II has secured $26.7 million in financing from TD Bank, NA for its Doral Corporate Center office property here.
NEW YORK CITY—On the heels of its recent expansion of its New York City headquarters at 521 Fifth Ave., retail leasing, investment sales and consulting firm RKF has announced six senior level brokerage promotions.
IRVINE, CA—The on-fire Orange County office sales market is driving up pricing, which will in turn spur landlords to raise rental rates in order to compensate, JLL's Jeff Ingham tells GlobeSt.com.