Vacation Rental Revenues Halved Amid COVID-19 Crisis, Entire Industry to Lose $35B in 2020
By Jastra Kranjec
Over the years, the vacation rental industry became a huge business, with millions of tourists choosing fully furnished homes or apartments instead of a traditional hotel or...
New Blackstone Life Science Fund Has Nearly 1/4 of Its Properties in San Francisco...
By Jon Peterson
New York City-based Blackstone is now marketing its Blackstone BioMed Life Science Real Estate fund to investors. The portfolio in this commingled fund currently has 19 percent of...
PropTech: Cornerstone Permit and Moxtra Join Forces to Maintain Connections with Clients in a...
By Meghan Hall
As the pandemic hit, some businesses in the real estate industry noticed a decline in activity and required companies to innovate. For Chicago-based Cornerstone Permit, this meant...
Alexandria Real Estate Receives Approvals to Move Forward with 170,000 SQFT Life Sciences Development...
By Meghan Hall
The San Francisco Planning Commission has approved a number of amendments that will allow major life sciences developer Alexandria Real Estate Equities to move forward with a...
KKR Seeks $3B Capital Raise for New Fund with San Francisco as a Target...
By Jon Peterson
New York City-based KKR has begun to market to investors the KKR Real Estate Partners Americas III commingled fund. The targeted capital raise for the fund is $3...
Oak Street Real Estate Buys Six San Jose Retail Properties for Combined $131.4MM
By Meghan Hall
One investor is betting big on retail real estate in the Bay Area, acquiring multiple assets just before the end of the month. Chicago-based Oak Street Real...
Greystar’s Massive South Main Project in Redwood City Receives Approval
By Meghan Hall
Redwood City officials have formally approved a major mixed-use development that will bring both additional residential and commercial space to the rapidly growing El Camino Real corridor....
Union City Industrial Building Trades for $23MM
JLL Capital Markets closed the sale of the Union City building to Elion Partners
JLL announced today that it has closed the $23 million sale of a 94,976-square-foot ($242 per square foot),...
Elion Partners Spends $83MM on Four Last-Mile Industrial Assets Across West Coast
Elion Partners, a real estate investment firm, today announced that it has acquired four last-mile industrial distribution assets located across the West Coast for a total of $83 million....
Podcast: Tony Vargas, Global Head of Workplace @ sprinklr
Tony Vargas is the Global Head of Workplace at sprinklr, a New York-based technology firm that is growing across the globe. Tony is making great strides in creating an environment for...