Deals: archive
Every Deals story in Real Estate, newest first. 667 stories
11 stories
Vintage Paterson Apartment Sells on Occupancy and Renovation Upside
EOM Equity's 100-unit Valley View buy from a Value Companies affiliate tests whether renovation math can work on 1965-vintage product.
Trammell Crow bets Grapevine Mills traffic can fill 750 hotel rooms
The 28.7-acre Grapevine Village plan stacks three hotels and 248 apartments, and the version moving forward is a revised answer to an earlier council vote.
Wichita's record apartment sale leaves a narrow test
A 301-unit 2023-built community set a market record, but older workforce apartments will show whether institutional capital really arrived.
Related Ross buys Wellington land for village center
The developer's first ground-up project outside West Palm Beach arrives with a $29.1 million Starwood loan and a school parcel sale expected in October.
General Atlantic lease de-risks 625 Madison tower
The 150,000-SF pre-lease at Related's Plaza District tower shifts the underwriting from spec to credit-tenant, leaving the rest of the office market to wait for a price reset.
BLDG Management's Crate & Barrel HQ sale is a quiet clearing trade
A trophy-oriented seller takes a workaday valuation, and the office market gets a small signal it is ready to clear.
MSREI buys 300-unit Florida seniors housing portfolio
The deal keeps AgeWell on as operator, splitting the real estate bet from the care-delivery business.
Scion and Ares buy a second student housing exit in three months
The $435 million purchase of four communities is the joint venture's second founder exit since May.
Lone Star buys Silicon Valley R&D portfolio for Fund VII
A 2.2 msf bet on the power and land behind the AI supply chain.
Keppel DC REIT acquires Tokyo hyperscale pair at discount
The $1.22 billion purchase pairs immediate DPU accretion with a 10 percent retained operator stake as capital chases freehold land and power in Greater Tokyo.
Public Storage buys 14 self-storage properties in Washington and Oregon for $151M
The purchase lands as Blackstone exits self-storage, splitting the sector into consolidators and capital reallocators.
19 stories
Evergreen breaks ground on 360 affordable senior-living units
Three Ohio groundbreakings turn a care-license model into a scale bet.
IRG pays $21M for a 422,727-sf St. Paul distribution facility
Former Sportsman's Guide HQ trades as a working cross-dock at roughly $50 a square foot.
Redlands apartment trade prices renovation over rent roll
The $12.3 million Kimberly Apartments sale leaves the buyer 213 basis points of pro forma upside to collect.
Hackman exits Rivian NNN building at $480 a foot
The 78% gain on 401 Coral Circle over eight years is the payout for a repositioned shell and a triple-net lease in the South Bay.
Torrance trade prices vintage multifamily at $350K a unit
The 60-unit Tournament Patio Apartments sale hands the South Bay a clean data point for 1963 garden product.
Manga pays $50M for a second NYC hotel from Lam Generation
The per-key price falls from $350,000 to about $316,000 as the Canadian operator buys again from the same family seller.
Queen City buys Maine industrial with $6.9M JLL-arranged loan
A 93%-leased shallow-bay building in Brunswick secures five-year fixed-rate financing through Bangor Savings Bank, a sign that lenders are still underwriting cash-flowing secondary-market industrial.
Philadelphia's largest apartment complex tests the workforce repricing
The 1,068-unit International City listing will show whether KKR's record Presidential City price extends to workforce housing.
Trader Joe's credit turns a $29M Fredericksburg land sale into collateral
A three-way developer split gives one of Fredericksburg's last large infill tracts a financeable mixed-use structure.
T&E's Hudson Yards condo bet targets the abandoned middle
The $33.5 million land deal bets that $2,000-to-$2,700-per-foot buyers will absorb new Manhattan supply while builders chase trophy pricing
Hall Group buys Uptown Dallas office near Bank of America Tower
The eight-story, 2003-vintage building becomes a value-add bet on rental growth near the tallest tower in Uptown.
Doral small-bay trade prices scarcity at $296 a foot
Midtown Capital Partners pays $86M for 14 Doral warehouses as small-bay vacancy runs at 4% — half the big-box rate.
Mansfield Groundbreaking Tests the Office Clearing Trade
A $57.5 million suburban office start in Dallas-Fort Worth shows where private capital still sees an underwriting case in office.
Kennedy Wilson, Shimizu partner on $139M Atlanta rental play
A former UPS site in Sandy Springs becomes 382 apartments, a two-year bet on Atlanta rents.
Retail plaza's apartment conversion hinges on rezoning math
An $18.85 million retail buy becomes a 736-unit density play if Deerfield Beach approves the rezoning.
MSREI's 300-unit Florida seniors housing bet keeps AgeWell in place
The acquisition leans on demographic demand while leaving operating risk with AgeWell — a measured entry into a sector that runs on care delivery.
Cohen & Steers, Trademark buy Austin center at the interchange
The 92.5%-occupied Oak Hill Plaza is a bet that the finished interchange at its front door converts a decade of lost visibility into affluent traffic.
Kennedy Wilson, Shimizu test office-to-apartment trade in Atlanta
Their first partnership turns a former UPS office site in Sandy Springs into 382 apartments, a $139 million bet on office conversion demand and Kennedy Wilson's Georgia multifamily debut.
Hoi Hup pays $201.8m for Sydney hotel in first Australian deal
Hoi Hup's first Australian deal is a trophy trade: no disclosed yield, a tightly held market, and a price that will anchor the next sale.
1 story
Awadis pays $5.9M for 22 renovated El Cajon units
The Southwinds sale gives lenders and appraisers a fresh per-door benchmark for renovated small-bay multifamily.
9 stories
Principle Capital takes a 48% stake in Dawnay Day arm
The purchase separates the management franchise from a troubled German real estate group.
City Realty's $23M Brookline bet rides on renovations
The nine-building Coolidge Corner Collection is 95 percent occupied with 88 percent of units still needing work, and the rent-control ballot fight didn't scare off the bid.
Laramar closes on 656-unit South Loop tower
The undisclosed price on a 1967 Michigan Avenue tower points to a rent-roll bet as the South Loop adds a stadium and transit.
Tourmaline buys Lacey retail at a lease-up price
A six-decade seller exits after Trader Joe's signs; the $44.1 million price assumes the buyer fills the remaining 19%.
Norfolk Tower Trades at $111 a Foot
Kawa Capital Management buys 90%-occupied 150 West Main for $26M, giving Norfolk owners a fresh mark for their collateral.
Aggregate pays $58M for a 94%-leased Virginia portfolio
Fairfax's Aggregate Real Estate Investors takes an 11-building, 320,000-square-foot book from Clarke-Hook and bets on upgrades, not redevelopment.
Cortland's $208M West Palm sale puts the reset at $246K a door
Fairfield Residential buys 812 Portofino Place apartments roughly 9% below the 2021 trade, giving the next Florida seller a comp to argue against.
Cortland's $208M West Palm sale puts a number on the reset
Cortland takes a roughly $20 million loss on a West Palm Beach garden complex; Fairfield's assumed Freddie Mac debt sets the terms for the next trade.
BGO's Fort Worth buy is a rent-roll value-add trade
The off-market purchase of a six-year-old Class-A building puts the value-add upside in the rent roll.