Regent Properties manages a variety of investment vehicles, including comingled funds and separate accounts on behalf of an institutional client base. The firm recently acquired a portfolio of four high-rise office buildings in downtown San Diego.
The deal builds on two initiatives by Blackstone: to build permanent capital through an expansion into insurance, and to pursue lower-cost rentals for its CRE business.
The movement of white collar professionals back to major gateway cities is upending predictions from earlier in the pandemic, according to multiple publications. CEO preferences is what’s driving the way companies are returning to the office in many cases, reports Reuters . These are among today’s must reads from around the commercial real estate industry.