Summary of Transaction Headlines

IPE Real Assets | “Blue Owl Seeks $6.5 Billion for Latest North America Net Lease Fund”

Blue Owl Capital is planning to raise $6.5 Billion for its latest net lease fund, which will focus on assets across the US and Canada, according to the Vermont Pension Investment Committee, one of the fund’s investors. Vermont Pension disclosed in a board meeting document that it has approved a $50 Million commitment to Blue Owl Capital Real Estate Fund VII, an investment expected to enhance diversification within the pension fund’s core real estate portfolio.

Bisnow | “The Sterling Group Agrees to Sell Artisan Design Group to Lowe’s Companies, Inc. for $1.3 Billion”

Lowe’s is beefing up its hub for homebuilders and property managers, spending more than $1.3 Billion to acquire Artisan Design Group from private equity firm The Sterling Group. Artisan Design Group operates 132 distribution, design, and service facilities from its headquarters in Dallas. It also works with more than 3,200 professionals in 18 states to coordinate installation. The company will be incorporated into Lowe’s pro offering for home improvement professionals on a new distribution channel.

IREI | “GREYKITE Completes First Acquisition for its €1 Billion ($1.1 Billion USD) Multi-let Industrial Platform”

Greykite European Real Estate Fund I has signed contracts to acquire a 94,400 Square Meter (1.02 Million Square Foot) multi-let industrial (MLI) portfolio in Sweden, which will seed Lagerhome, its newly formed European MLI platform, targeting €1 Billion ($1.1 Billion) of investment during the next 18–24 months. The 27-property portfolio is located in established industrial submarkets around Sweden’s two largest cites, Stockholm (55 percent by lettable area) and Gothenburg. The portfolio is being acquired from Regio, a commercial real estate company backed by the Third Swedish National Pension Fund (AP3).

Business Wire | “James Campbell Company Announces Appointment of Claudia Walraven as Chief Operating Officer”

The James Campbell Company LLC (JCC), a $4.6 Billion private, Hawai‘i-based real estate investment company, has appointed Claudia Walraven as its Chief Operating Officer (COO). The role of COO was previously based in San Francisco, CA, but will now be a Hawai‘i-based role. Ms. Walraven has over 20 years of experience, and most recently as Head of Asset Management at Kennedy Wilson, a $25 Billion public firm. She was previously with Clarion Partners and a Principal at CBRE Global Investors.

PR Newswire | “Brookdale Announces CEO Transition and Board of Directors Refreshment”

Brookdale Senior Living Inc. (BKD), a leading operator of senior living communities, has announced significant changes in its leadership. Effective April 13, 2025, CEO Cindy Baier has stepped down, and Denise Warren, Chairman of the Board, has been appointed as Interim CEO while the Board initiates a search for a permanent successor. The company has also set up an Office of the CEO consisting of Ms. Warren, Dawn L. Kussow, Executive Vice President and Chief Financial Officer, and Chad C. White, Executive Vice President, General Counsel, and Secretary.

Business Wire | “Inland Appoints Industry Veteran Michael Beringer as Chief Financial Officer”

The Inland Real Estate Group, LLC, part of The Inland Real Estate Group of Companies, Inc. (“Inland” or the “Company”) which is one of the nation’s largest commercial real estate and finance groups, announced the appointment of Michael Beringer as its Chief Financial Officer (“CFO”). Beringer will be responsible for managing the finance function for Inland and assisting in identifying opportunities to deploy capital across Inland’s ever-expanding commercial real estate platform. As a trusted business partner to senior management, the Inland Board of Managers, and other Senior Management team members across the Inland member companies, Beringer will help shape financial strategies and reporting across the organization.

IREI | “PGIM Real Estate Appoints David Fassbender as Deputy Head of Asia Pacific”

PGIM Real Estate has appointed David Fassbender as Deputy Head of Asia Pacific, effective immediately. Fassbender, currently Head of Japan, has been with PGIM Real Estate for more than two decades. In this newly created role, he will oversee portfolio management strategies across Asia Pacific, help drive the firm’s growth in the region and continue to lead its largest Asia Pacific business in Japan.

IREI | “Cushman & Wakefield Names Matthew Bouw Chief Executive, APAC and EMEA”

Cushman & Wakefield appointed Matthew Bouw as Chief Executive, Asia Pacific (APAC) and Europe, Middle East and Africa (EMEA). As part of this planned transition, Colin Wilson will step down as Chief Executive, EMEA, and leave the organization to pursue the next chapter in his career. In this new role, Bouw will oversee a single operating model across both regions providing the scale and balance of services to drive growth and offer clients better global connectivity and access to talent.