Real Estate archive
Every Real Estate story, newest first. 1,859 stories
9 stories
- Real estate debt
BGO provides $173M construction loan for Intracorp's Austin condo project
Leifer Properties is co-developer on the South Congress Avenue project, with Northland Properties and Aron Industries as partners.
- Deals
Janus Living pays $123.5M for 174-unit Greensboro senior living community
The 6.65-acre Harmony at Greensboro campus on Whitehurst Road includes independent living, assisted living and memory care units.
- Real estate debt
Walker & Dunlop places $86.5M bridge for 352-unit Richmond multifamily
The floating-rate, interest-only loan for Capital Square's Chasen community comes from a private credit lender and is in a qualified opportunity zone.
- Fundraising
Ocean One project in Boynton Beach starts with Cantor, Silverstein equity and Madison debt
Silverstein Properties is both a development partner and, through affiliates, an equity provider on the 371-unit Boynton Beach project.
- Fundraising
Texas TRS commits $150 million to Pennybacker's seventh value-add fund
The $233.5 billion pension has a 15 percent real estate target, and Pennybacker's seventh fund has no determined fundraising goal.
- Who's investing
JLL flags below-replacement-cost buildings in Asia Pacific, Europe for private wealth
JLL says rising construction and labor costs have pushed the delivery cost of new prime office towers in Sydney above what quality existing buildings currently fetch.
- Who's investing
Texas TRS commits $150 million to Pennybacker Capital's seventh value-add fund
The commitment lands against a 15 percent real estate target at the $233.5 billion pension, with no fundraising goal yet determined.
- Deals
Bain, BGO, Blackstone and Warburg Pincus prepare final bids for Fuji Media's Sankei Building
Final offers for Sankei Building are expected by the end of October, with the business valued at roughly ¥1 trillion, or $6.3 billion, including debt.
- The Wrap
BDT & MSD to buy majority of Sunrise Senior Living at $1 billion valuation
BDT & MSD's first senior housing investment comes as occupancy crosses 90% and inventory grows 0.4%, while Capital Square launches a 72-home Texas DST.
31 stories
- Who's investing
L&G funds its first U.S. multifamily development in Concord, Massachusetts
The $1.6 trillion manager says it expects to acquire more existing apartments than it builds, given the difficulty of starting construction.
- Deals
BH3 joins Dacra and L Catterton to revive Miami Design District office tower with 40% more space
The 20-story project would carry 250,000 square feet of office, up from 180,000 in a 2022 plan that never landed tenants or a construction lender.
- Deals
Avenue Capital enters €65m Irish housing JV with Duffy Property
The US opportunistic credit firm's Homebuilder Capital Solutions Fund, backed by Ireland's state investment fund, will part-fund more than 800 homes and a student scheme in Galway and Cork.
- Real estate debt
Bank OZK finances construction of 282-unit Yonkers rental at Ridge Hill
A joint venture of Saber-Hightower, Rafferty Real Estate and Eagle Realty Group has started The Ibex at Ridge Hill, a $140 million project with 28 affordable units.
- Deals
Ambrose sells fully leased Whitestown industrial building for $38M
The sale prices the 233,348-square-foot building at about $163 a square foot; Connect CRE's report named neither buyer nor tenant.
- Real estate debt
ProEquity and Solaris Capital close $32.34M refinancing of El Dorado Hills office campus
The new loan retires existing senior debt and adds fresh capital across the 195,906-square-foot campus, but the report names neither the lender nor the rate.
- Deals
Trinity Capital and Mortenson buy 15-acre Richmond industrial site
The joint venture plans 231,120 square feet across two rear-load buildings in a Northlake Business Park submarket that is 99% leased.
- Real estate debt
CRE Finance Council's sentiment index falls to lowest since 2023
The board of governors' 83.3 reading is 34% below its late-2024 record, with borrower demand net negative for the first time since 2022.
- Deals
Posel lists 16 Philadelphia-area retail properties with more than $81 million in published asks
The portfolio spans more than 631,000 square feet and 64 acres at 99.8 percent occupancy and can be bought property by property.
- Sectors
Los Angeles County office leasing hits highest since 2019 on renewals
Savills reports about 4 million square feet leased in the third quarter as overall availability fell to 26.5 percent.
- Deals
BDT & MSD buys majority stake in Sunrise Senior Living at $1 billion valuation
Canada's Public Sector Pension Investment Board sells the majority stake, and the purchase is the firm's first investment in senior housing.
- Real estate debt
Trepp: October CMBS hard maturities rise to $4.70 billion, multifamily leads impaired balance
The cohort carries $1.30 billion maturing below a 6.0% debt yield, and 97% of that balance is still current.
- Fundraising
Greater Baltimore Committee seeks $100 million from institutions for vacant housing
The committee is working with Enterprise Community Partners on terms ahead of a November launch; the sought $100 million would sit beside $1.2 billion in city and state money.
- Real estate debt
ACORE lends $71.25M for North Palisade's Santee industrial build
The loan funds a 13.4-acre infill land purchase and two buildings totaling 290,618 square feet, with completion set for late 2027.
- Deals
OHT Partners breaks ground on 402-unit Austin apartment project
The Barton, on more than 60 acres off State Highway 71, is scheduled to deliver its first residences in the first quarter of 2028, but no construction lender or equity partner has been named.
- Deals
AXS Opportunity Fund acquires 20-story One North Central in Phoenix
Newmark represented seller Parallel Capital Partners, which bought the 429,120-square-foot tower for $93 million in 2015.
- Deals
LogiPropCo buys 76 acres in Buckeye for third Phoenix project
Sonoran Logistics Park is slated for 1,226,832 square feet across two buildings, with delivery expected in early 2028.
- Sectors
Arad Holdings buys 70 Broad Street for $9.35 million, 89% below 2016 ask
The CMBS trust that took the Financial District landmark with a $20 million credit bid in 2025 sold it a year later for less than half that.
- Deals
Federal Realty pays $508 million for Birmingham's Summit lifestyle center
The 870,000-square-foot open-air center was about 95 percent leased at sale, with in-place rents below comparable lifestyle centers nationally.
- Deals
Rise Properties sells Kent apartments for $72M, 11% below 2019 basis
Trinity Property Consultants bought the 366-unit Grove at $196,721 a unit, above south King County's average this year.
- Fundraising
Buyers retrade pending CRE deals as September Fed hike lifts debt costs
A Midwest apartment buyer won a $600,000 discount on a $20 million contract after threatening to walk, the Journal reported.
- Real estate debt
CREFC sentiment index falls to 83.3, its lowest in three years
All nine core questions weakened from the second quarter; 92% of respondents now expect mortgage and cap rates to weigh negatively on CRE finance businesses.
- Sectors
Pappas Properties starts Publix-anchored retail phase at Cadia Matthews
The 120,000-square-foot commercial village is scheduled for first retail deliveries in June, with Thrift Commercial Real Estate Services handling leasing.
- Fundraising
Capital Square launches fourth Texas Active Living DST in New Braunfels
The all-cash offering holds a 72-home age-restricted community in New Braunfels that is 91.7% leased, with no target raise disclosed.
- Deals
BKM and Kayne Anderson buy Orlando industrial portfolio for $103 million
The 543,000-square-foot, 95%-leased Orlando portfolio closes a day after the same buyers paid $57 million for a Fort Lauderdale park.
- Fundraising
Fifth Wall's roughly 115 LPs include CBRE, Hilton, Hines and Marriott
Commercial Observer's profile of Brendan Wallace tallies about $3.1 billion across roughly 115 partners, a roster of property owners and operators that doubles as the firm's potential customer base.
- Deals
Neinor agrees to sell €110 million land portfolio to Orion joint venture
Orion, already Neinor's largest shareholder, would own 90 percent of the venture, with Neinor keeping 10 percent and continuing to manage the portfolio.
- Sectors
NIC MAP: senior housing occupancy clears 90% for first time since before 2008
IREI reports the 31 primary markets absorbed 14,872 units over four quarters while inventory grew 0.4 percent.
- Sectors
Manhattan office leasing runs ahead of 2025 pace through third quarter, JLL reports
Anthropic's 462,000-square-foot relocation to 330 Hudson St. leads a quarter that carried nine-month volume to 25.7 million square feet, ahead of the same period in 2025.
- Deals
Davis Management buys San Jose R&D building in Fund V's first California deal
The 65,000-square-foot North San Jose property is fully leased to a green technology company and slated for roof, HVAC and interior repositioning, with no disclosed lease term.
- Who's investing
ORG Portfolio Management urges investors to reassess real estate allocations
The white paper says real estate's total portfolio role should be re-underwritten because performance drivers shift from cycle to cycle.