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CBRE Global Investors held final closing of CBRE Strategic Partners U.S. Value 7 LP, with equity commitments of more than $1.3 billion from 26 institutional investors in the U.S., Europe, the Middle East and Asia. The fund was targeting commitments of $1.5 billion. Strategic Partners U.S. Value 7, which is now closed to new investors, is expected...
Columbia Property Trust, Inc. (NYSE: CXP) has sold 11 mostly single-tenant office properties totaling 2.9 million square feet in suburban Chicago, Baltimore, Boston and Northern New Jersey. An undisclosed...
New U.S. Dept. of Education rules that take effect today are putting about 1,400 college programs at risk of losing eligibility for receiving federal student financial aid. The new rules could accelerate...
After deciding to do so, it took only three weeks for Chambers Street Properties, the $3.3 billion real estate investment trust formerly known as CB Richard Ellis Realty Trust, to decide on new strategic...
The Pep Boys - Manny, Moe & Jack, a national automotive aftermarket service and retail chain, has commenced a review of strategic alternatives to enhance shareholder value, including a possible sale, merger...
The California Public Employees’ Retirement System (CalPERS) plans to sell up to $3 billion of its real estate investment portfolio. The Blackstone Group's Park Hill Group has been selected to assist...


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