The New York-based asset manager is marketing the property in northwestern Shanghai at a reduced rate to speed up the sale, according to the people, who asked not to be identified because the information is private.
PGIM Real Estate has provided $188 million in 10-year fixed-rate financing to Tower Companies to refinance The Blairs, a five-property multifamily portfolio in Silver Spring, Md.
Australia Real Estate: The funds available for deals are growing as investors including pension funds, sovereign wealth and insurance firms look for meaty returns hard to find in today s equity markets, especially in the beaten-down real estate sector.