Real Estate archive
Every Real Estate story, newest first. 1,873 stories
28 stories
- Sectors
NorthPoint JV breaks ground on the first 12 percent of a $750 million industrial plan
The Haslet cross-dock starts with no disclosed tenant, while the other eight buildings remain off the construction calendar.
- Deals
EquiCap closes a 210-unit storage sale a month early
The early close is the only hard evidence of operational upside, and no price says what the seller gave up.
- The Wrap
Retail's clearing price is now an anchor commitment
A half-fund anchor, $72.3 million of mezzanine and an undisclosed all-cash sale are the week's retail marks; whole-asset comps have stopped printing.
- Sectors
NRP's DC debut shows the subsidy stack is the product
A 115-unit flatiron in NoMa shows what developers actually sell public agencies: the closing, not the construction.
- Deals
A Ballston office clears at $299 a foot
The $56.25 million trade prices a federal-adjacent rent roll, and the report leaves the buyer unnamed.
- Deals
GID buys Bothell's rent roll, not its 50 acres
An undisclosed price on a 524-unit Eastside trade leaves the per-unit comp — likely near $112,000 — as the number the region will argue over, with no cap rate to settle it.
- Deals
Buchanan buys Dallas tower with the renovation already spent
A Park Central office asset at 93% leased and freshly renovated marks the boundary between the office market that reprices in the debt stack and the one that reprices on its rent roll.
- Sectors
Austin's multifamily bottleneck is the council vote
A $26 million school-site sale turns a shuttered elementary into 435 entitled units, at a land basis near $60,000 apiece.
- Real estate debt
Self-storage CMBS risk hides in the coupon reset
Trepp's sensitivity puts roughly $1 billion of stress-tested self-storage balance below 1.0x coverage at a 6.50% takeout, concentrated enough to trade loan by loan.
- Fundraising
PCCP's $5 billion is a bet on one committee, two sleeves
Both flagship funds cleared their hard caps, and the split between $2.7 billion of equity and $2.3 billion of value-add debt says more about this cycle than the headline total does.
- Deals
A $225,769-a-unit Phoenix trade prices chip-fab jobs, not rents
DR Horton hands a two-year-old Deer Valley community to a private buyer at a basis that depends on a semiconductor hiring calendar rather than a rent roll.
- Real estate debt
A life company put 65% debt on eleven-building Fort Collins flex
The loan takes office as a third of its collateral, and the leverage is the number the next trade has to beat.
- Real estate debt
Freddie writes 69 percent LTV on Naperville scarcity
The agency loan prices the in-place rent roll; the $15.9 million equity check is where the suburban rent-growth view actually sits.
- The Wrap
The easiest office conversion never had a tenant to move
Two Northwind construction loans totaling $427 million test partial conversion as a debt-stack trade before it is a design one.
- Real estate debt
GoldenTree writes $482.5 million at a Colorado ground-breaking
Before one of the 95 branded residences closes, GoldenTree is on the hook for the $482.5 million.
- Who's investing
AIMCo puts its whole real estate platform under one seat
Dan Teper's remit spans capital allocation, portfolio optimization and multi-country investment teams — a build job, not a caretaker posting.
- Fundraising
GCM Grosvenor anchors Hyperion's grocery retail vehicle and joins its board
Up to half the equity from a single institution, plus a director's seat, changes what kind of fund Hyperion Grocery Retail Partners III is.
- Deals
M&G buys Paris logistics one brownfield parcel at a time
A €28.6 million forward funding north of Paris matters less for the building than for the separate-account mandate it tests against M&G's €96 billion private markets platform.
- Deals
AEW buys prime Barcelona logistics for a French mandate
A 5.5-year break on a single furniture tenant and BREEAM Excellent certification let a Barcelona shed clear as core for a French mandate.
- Real estate debt
Randhurst's $95 million price leaves the mezzanine underwriting the lease-up
Aquarian and 3650 split $72.3 million on a 929,899-square-foot center whose seller paid more for it in 2015.
- Real estate debt
TYKO funds $310M as Namdar stacks Journal Square debt
A single-lender construction facility lands three weeks after Namdar's $390 million Park Tower financing, committing roughly $700 million of debt and 1,922 Journal Square apartments to the same few years' clock.
- Fundraising
Westwind seeds a €200m debut with Spanish student beds
The first close buys a Spanish student portfolio and a reference price that every later bid has to clear.
- Deals
Commerz Real is pricing a Sydney tower off a police lease
Ten years of AFP rent with 3.75 percent annual bumps does the pricing work at 110 Goulburn St., leaving the buyer underwriting a covenant rather than the Sydney office market.
- Deals
LaSalle adds 482 beds by San Jose State as price stays private
A fully occupied student housing community two blocks from San Jose State changes hands without a price, leaving rent per bed as the only lever left.
- Deals
KKR sells 16 Japan hotels, keeps both management layers
The buyer gets branded, renovated rooms in 11 cities; KKR keeps the fee-earning machinery behind them.
- Fundraising
Debt fund closings thinned, but the sizes held
One $1 billion first-quarter close and a $1.3 billion second-quarter hard cap, with 72 debt funds still marketing, left a shortfall measured in closings rather than dollars.
- The Wrap
Data-center capital now prices a Senate vote
Blue Owl's $25 billion income bid and the build-out ask now trade on a Senate calendar.
- Fundraising
CRE owners are choosing capex over price discovery
With 46% of Deloitte's respondents expecting no sales and nearly 80% planning repositioning, the survey describes a market that has stopped setting marks.
12 stories
- Sectors
Senators move to strip data centers from the rural OZ tier
The tripled rural step-up in basis was sold as a data center benefit; the Senate is now deciding whether it was a housing benefit instead, and rural land comps will register the answer first.
- Real estate debt
An $85 million SoHo refi that underwrites Microsoft, not SoHo
The 300 Lafayette loan clears because 63,000 of the building's 82,000 square feet is one credit tenant in new construction.
- Deals
All-cash Vista strip sale keeps its price private
A newly built, unanchored North County center trades on a finished eight-lease rent roll, and the undisclosed price leaves the format's clearing level private.
- Deals
Burris pays $28.1 million for a land option with rent attached
Eleven commercial units and eight apartments are the carry on a 64,000-square-foot development envelope the buyer has no near-term plans to build.
- Sectors
L&G's retirement arm writes its first U.S. development check
Retirement capital is underwriting the 2028-29 supply gap rather than the lease-up in front of it.
- Fundraising
Los Angeles Bets $466.6M That Subsidy Pulls Private Capital
The second Homes for LA round is bigger than the first and slower to arrive, handing the carrying cost to sponsors who can sit through the calendar.
- Fundraising
KSE's $135 million Ball Arena renovation is the small half of the district trade
The renovation has a price and an architect; the neighborhood on the parking lots has neither, and that is where the capital actually has to be raised.
- Real estate debt
Mall special servicing and a $960M print set the real price
The securitization bid is still open for size; the loss is being discovered on the servicing desk, one workout at a time.
- Deals
GI Partners pays $14.7 million for south Phoenix data center land
The deal priced the substation next door and the city's data center determination.
- Real estate debt
BHI writes $71.5M construction loan for 250 Bayonne units
The loan puts the sponsor's lease-up in summer 2027, on the near side of the supply gap apartment capital is now underwriting.
- Deals
The 127% August gain was a merger; asset sales fell 21%
MSCI's August data shows corporate consolidation carrying the headline while the bid for individual assets thins out, leaving lenders to size credit against the smaller number.
- Real estate debt
CIC's $22.6 million lands where bid spreads cannot reach
The Chicago nonprofit's unit math says the grant line, not the loan coupon, is what keeps single-room housing financeable.