The alternative asset management company Blackstone (NYSE: BX) announced the final close of its most recent commercial real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has approximately $8 billion of total capital commitments. The Wall...
The Open Space Institute (OSI), a land conservation organization, has acquire more than 3,100 forested acres within the New York’s Catskill Park for $6.2 million. The property, one of the largest parcels of privately-owned, contiguous forestland remaining within the...
Seven & i Holdings Co. Ltd. (OTCMKTS: SVNDY), the Tokyo-headquartered parent company of the 7-Eleven convenience store chain, announced it will spin off its North American operations into a separate company. In a press statement, the company declared it would...
The overlap between the real estate industry and artificial intelligence (AI) solution is the focus of this week’s Tech Trends coverage. Addressing Agent Efficiency. Phoenix-headquartered Lofty (formerly Chime Technologies) has debuted Lofty AI Copilot, which is...
The General Services Administration (GSA) reported that its Public Buildings Service identified over 440 “non-core assets” owned and maintained by the federal government. In a statement, the GSA said the 440 properties encompass nearly 80 million rentable square feet...
In one of the largest real estate deals in Central America real estate, BlackRock Inc. (NYSE: BLK) is spending $22.8 billion to purchase majority stakes in ports on both sides of the Panama Canal. The Wall Street Journal reports BlackRock, its new infrastructure arm...
