Middleburg Communities Launches SFR Developments multihousingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multihousingnews.com Daily Mail and Mail on Sunday newspapers.
Invesco is separately leading a $40 million financing round for Mynd. Bloomberg | Jun 01, 2021
(Bloomberg) Funds managed by Invesco Real Estate are backing Mynd Management to spend as much as $5 billion, including debt, purchasing about 20,000 single-family rental homes in the U.S. in the next three years.
The partnership marks a “significant moment” for the single-family rental industry, Doug Brien, chief executive officer and co-founder of Mynd, said in an interview. More than half of the country’s multifamily properties are owned by institutional investors compared with an estimated ownership of 2% to 3% of single-family rentals, a gap that he expects to narrow in time.
An online retailer – widely reported to be Amazon – has snapped up AEW UK Investment Management 512,500 ft2 Wakefield 515 mega warehouse in West Yorkshire. [.]
Allianz Real Estate et BNP Paribas Real Estate accordent un prêt de 185 M€ à Icawood businessimmo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessimmo.com Daily Mail and Mail on Sunday newspapers.
German property investment manager Allianz Real Estate has hired Daisuke Noguchi as head of acquisition for Japan and Dean Kwon as head of finance for Asia Pacific.
Tokyo-based Noguchi was previously head of Japan real estate acquisition at J.P. Morgan Asset Management, while Kwon, who is based in Singapore, was chief financial officer at CLSA Capital Partners in Hong Kong.
Allianz Real Estate Asia Pacific Chief Executive Officer Rushabh Desai says the appointments are closely aligned with the growth of the company’s portfolio in the Asia Pacific region.
“We have systematically built an expert local team, starting with acquisition and asset management resources, followed by experts in transaction services and then the localisation of the enabling functions,” he says in a statement on May 14 announcing the new hires.