Commercial

MIG Real Estate Expanding in Arizona; Acquires Two Hotels

MIG Real Estate, a major California-based real estate firm announced its expansion in the state of Arizona with two new hotel acquisitions in its capital city, Phoenix. MIG’s expansion comes as an effort to invest more in the growing real estate market of the U.S.

Farallon Capital Launches New Real Estate Fund Worth $400 Million

Farallon Capital Management LLC, a global investment firm is launching a new real estate fund seeking to raise up to $400 million. the company has set aside a separate fund exclusively for its asset class and hopes to pitch the fund to its existing investors to gain a 20 percent internal rate of return.

Farallon Capital Management Creating Real Estate Fund: Report

Hedge fund firm Farallon Capital Management LLC is creating a new real estate fund of about $350 million to $400 million, according to a Reuters report.