REAL ESTATE
David Olney was named CEO of real estate manager Berkshire Residential Investments, replacing Charles Leitner.
CBRE Group appointed three senior executives to its global capital markets business.
Charles Leitner will join real estate money manager CBRE Global Investors as global CEO on Nov. 11.
Hines has appointed David Steinback and Chris Hughes as co-heads of investment management at Houston-based real estate manager.
Real estate managers and asset owners are moving into niche property sectors that they expect to benefit from the tech economy.
Retail sites in Chicago, Baltimore and Salt Lake City are less likely to be affected by e-commerce than L.A., Las Vegas and Oklahoma City.
Blackstone Group held a final close of $20.5 billion on its latest global real estate fund, Blackstone Real Estate Partners IX.
Daniel Fournierchairman and CEO of Ivanhoe Cambridge, announced he will retire from both roles, effective Oct. 15.
Colony Capital has acquired investment firm Digital Bridge for $325 million, resulting in a merged firm with $60 billion in total AUM.
CORESTATE Capital has agreed to acquire French real estate investment management firm STAM Europe.