Blackstone May Double Assets to $800 Billion in Five Years October 25, 2017 |  Erik Schatzker, Dinesh Nair, and Matthew Martin | Bloomberg Blackstone Group LP’s Steve Schwarzman said his firm may double assets under management to $800 billion over the next five years as it expands into new investing areas. “We have internal targets, plans, aspirations to…

Hines Global REIT II Acquires 395-Bed Student Housing Property in Reading, UK October 26, 2017 | James Sprow | Blue Vault On October 11, 2017, Hines Global REIT II, Inc. acquired from a W. P. Carey REIT affiliate, CPA 18, Pan-European Holding Cooperatief U.A. and Crown Students LLP, all of the share capital of WPC…

Carey Watermark Investors Sells Its 57% Interest in Westin Atlanta Venture October 26, 2017 | James Sprow | Blue Vault On October 19, 2017, the CWI AM Atlanta Perimeter Hotel, LLC venture, or the Westin Atlanta Venture, in which Carey Watermark Investors Incorporated, or CWI, owned a 57% interest, was sold to an unaffiliated third-party…

KBS Strategic Opportunity REIT to Sell 11 Properties for $804 Million October 25, 2017 | James Sprow | Blue Vault On October 24, 2017, KBS Strategic Opportunity REIT, Inc. entered into an agreement to sell 11 of its properties to various subsidiaries of Keppel-KBS US REIT, a newly formed Singapore real estate investment trust (the…

Hospitality Investors Trust Inc.'s board is calling on the company's shareholders to reject MacKenzie Realty Capital Inc.'s unsolicited mini-tender offer for the company's common shares and countering the offer by MacKenzie with a tender offer for up to 1,000,000 shares at a higher price.

Carter Validus Mission Critical REIT Inc., a publicly registered nontraded real estate investment trust, has agreed to sell 15 data center properties in two separate transactions for a total of approximately $1.065 billion.

Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets October 20, 2017 | D.C. Stribling | Commercial Property Executive Bids to be the home of Amazon’s second headquarters, HQ2, were due on Thursday, and more than 50 cities (or metros with various polities collaborating) put in for what’s probably the biggest site selection prize of…

Advisors Paying More for Compliance October 9, 2017 | Diana Britton | WealthManagement.com When President Trump was elected, some broker/dealers and advisors thought it would usher in an era favorable to financial services, with a pullback in regulatory reach and a return to a “friendlier” legal environment for small businesses. “I think everybody said, ‘All…

Investors holding $540b of pent-up capital demand for commercial real estate October 2017 | Institutional Real Estate, Inc.  JLL Gobal’s global capital markets experts have totaled an estimated $540 billion in capital that LP investors are holding to place into commercial real estate investments across the globe. Investors across the globe still view commercial real…