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Photo credit: Google Maps Varia US’ Residences at Echelon Apartments in Missouri A Swiss investor is partnering with Brookfield Asset Management to target higher-quality multifamily properties for its U.S. portfolio. Varia US Properties AG has entered into a $694M joint venture with BAM to reposition a 13-property multifamily portfolio, the company announced Thursday. The joint…

PayPal Holdings is in talks with a group that includes Stripe and Advent International, negotiating to sell itself at a price potentially higher than the one the companies offered in July, The Wall Street Journal (WSJ) reported Friday (Aug. 14), citing unnamed sources. The two sides have been negotiating since July, when Stripe and Advent…

Altus Group reports continued Pan-European property value growth in Q2, although appreciation slowed as sector performance diverged. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already have an account? Log in Previous articleFirethorn…

Key insight: South Korea’s Financial Services Commission blamed systems used by employees and outside personnel such as loan recruiters and contractors for the intrusions. Supporting data: Shinhan said about 25,000 customers were affected, KB Kookmin said 99 customers and 20 current and former employees were, and Hana said 89 customers were. Forward look: Korean regulators…

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