Summary of Transaction Headlines

Bisnow | “Meta in Talks With Apollo, KKR, Brookfield for $29 Billion Data Center Fund”

Meta is looking to raise nearly $29 Billion to finance the build-out of artificial intelligence data centers and is turning to some of the biggest names in private capital for help. The social media behemoth is in talks with Apollo Global Management, KKR & Co., Brookfield, Carlyle Group, Pimco, and other investment giants to secure a massive round of funding, the Financial Times reports. Meta Platforms reportedly hopes to raise $3 Billion through equity investment from private groups and $26 Billion in debt, although other options remain on the table. Meta is looking for ways to structure the debt to make it more easily tradable.

Commercial Property Executive | “EdgeCore Digital Infrastructure Plans to Invest Over $17 Billion in a Data Center Campus in Louisa County, Virginia”

EdgeCore Digital Infrastructure will invest $17 Billion into a 3.9 Million Square Foot data center campus in Louisa County, Va. The company acquired 697 acres for the project designed to provide 1.1 Gigawatts of capacity at full build-out. Rappahannock Electric Cooperative and affiliate Hyperscale Energy will serve as providers. EdgeCore paid $42 Million for the site that is part of Shannon Hill Regional Business Park in Kent’s Shore.

Bisnow | “Cottonwood Communities, RealSource Reach $2.8 Billion Merger Deal”

Cottonwood Communities has entered a deal with a private owner to take over its largely Sun Belt apartment portfolio. The Salt Lake City-based non-traded REIT signed a merger agreement with RealSource Properties, the companies announced. The deal would make RealSource a subsidiary of Cottonwood, and the combined company would have $2.8 Billion in assets. As of March, Cottonwood owned 37 properties totaling 9,329 units across 11 states.

IPE Real Assets | “Royal London Asset Management Brings Healthcare Real Estate Specialist In-house to Drive £1 Billion ($1.3 Billion USD) Investment”

The team of Shoreline Partners, a UK healthcare real estate asset manager that has been working exclusively with Royal London Asset Management Property over the past three years, has been absorbed into the firm as part of a plan to scale its investment in the sector. Royal London Asset Management Property said it has brought Shoreline Partners in-house to help progress its strategy of investing up to £1 Billion ($1.3 Billion USD) in UK healthcare real estate. This move follows a partnership that began in early 2022, during which Royal London has already made £350 Million ($478 Million USD) to deliver over 1,500 care home beds.

IPE Real Assets | “King Street Raises $950 Million for the Latest European Real Estate Fund”

King Street Capital Management has raised $950 Million for its latest European real estate fund. The investment firm said its European Real Estate Special Situations Fund II (ESS II) fund, which hit its hard cap target in just 12 months, attracted a globally diversified investor base across North America, Europe, Asia, and the Middle East. The fund provides flexible, asset-specific capital solutions and will invest in core Western European markets.

IREI | “Gaw Capital Appoints Nicholas Toh as Managing Director, Head of Data Center Platform, Asia (Ex-China)”

Gaw Capital Partners has appointed Nicholas Toh as Managing Director, Head of Data Center Platform, Asia (Ex-China). Based in Singapore, Toh will focus on Pan-Asian data center investments and asset management, leading the firm’s strategy across the region. Toh brings more than 20 years of investment and operational experience in the data center industry.

IREI | “Transwestern Welcomes Deke Schultze as Senior Managing Director, Capital Formation”

Deke Schultze has joined Transwestern Investment Group (TIG) as Senior Managing Director, Capital Formation. Schultze will play a key role in leading the firm’s capital-formation strategy while supporting business development and capital-raising efforts across the enterprise, which includes TIG, Transwestern Development Company (TDC), Transwestern Commercial Services (TCS), and Transwestern Hospitality Group (THG).

Private Equity Insights | “Klaus Schmitz Appointed Chief Investment Officer Europe and Executive Chairman UK at Edmond de Rothschild REIM”

In a strategic move signaling a new era of pan-European ambition, Edmond de Rothschild Real Estate Investment Management (REIM) has appointed Klaus Schmitz as Chief Investment Officer Europe and Executive Chairman of Edmond de Rothschild REIM UK, effective 1 September 2025. Based in London, Schmitz will take a leading role in shaping and executing the firm’s pan-European investment strategy, overseeing both equity and debt opportunities across logistics, residential, mixed-use, and operational real estate. Reporting directly to Co-CEOs Pierre Jacquot and Arnaud Andrieu, he will also Chair the Investment Committee and join the firm’s Executive Committee.

Pensions & Investments | “UBS Adds Adi Mayan as Head of Asset Management, U.S. Real Estate”

Adi Mayan was named Head of Asset Management, U.S. Real Estate Business, at UBS Asset Management. Based in Dallas, Mayan reports to Matt Johnson, Head of U.S. Real Estate, and will be responsible for strategic planning and operational execution of its U.S. real estate portfolios. She replaces Rod Chu, who was Interim Head of Asset Management and Transactions, a UBS spokesperson said. Chu will continue in his role as Head of Transactions.

Business Wire | “FrontView REIT Appoints Pierre Revol, Seasoned Industry Executive, as Chief Financial Officer”

FrontView REIT, Inc. (NYSE: FVR) announced the appointment of Pierre Revol to serve as the company’s Chief Financial Officer (“CFO”), effective July 21, 2025. With over 20 years of leadership in the real estate and financial sectors, Pierre Revol brings deep expertise in corporate finance, capital markets, REIT operations, and strategic transactions. Most recently, Pierre served as Senior Vice President of Capital Markets at CyrusOne, a leading global data center owner, developer, and operator.