Real Estate archive
Every Real Estate story, newest first. 1,858 stories
8 stories
- Fundraising
Griffis Residential raises $207m at Fund VII first close
The fund's first purchase is a 263-unit West Palm Beach, Fla., property bought in March 2026 for about $104 million.
- Deals
Vastint and Hines JV buys Düsseldorf glassworks site for 1,700 homes
The 2.1 million-square-foot former Gerresheimer Glassworks site is slated for phased development with at least 80 percent residential floor area.
- Deals
Daiken buys South Brisbane office from Forza for A$81m
The fully leased South Brisbane class A building is the Taiwanese digital health unit's first property investment in Australia.
- Sectors
Urban Land Institute and Heitman report ties commercial property siting to power access
The study projects $7.6 trillion in global data center investment by 2030, with $3 trillion directly connected to real estate.
- Deals
EQT agrees to acquire Stockbridge for $375M, adding $16.5B in fee-generating assets
The deal covers 100% of Stockbridge's management company and GP entities and is expected to close in the first quarter of 2027.
- Fundraising
Cliffwater's Cascade Real Assets Fund passes $1 billion in first month
The interval fund invests in real estate and infrastructure through primaries, secondaries and co-investments, and launched in September.
- The Wrap
PACE Loan Group, Nuveen Green Capital finance $140M in data-center C-PACE loans
A $100 million Missouri loan was the largest C-PACE deal in state history, and PDG separately agreed to sell five Indonesian enterprise data centers to Sinar Mas-backed SMPlus.
- Sectors
Manhattan office leasing rises 2.3% through third quarter of 2026
Vacancy fell to 12.6% and direct asking rents rose to $84.56 per square foot, JLL data cited by IREI show.
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- Real estate debt
PACE Loan Group and Nuveen Green Capital finance $140 million in data-center C-PACE loans
A $100 million Missouri loan was the largest C-PACE deal in state history; a $40 million Houston deal is 24% loan-to-value at ViVa Center.
- Real estate debt
Trepp pegs Florida securitized CRE exposure to Hurricane Isaias at $3.27B
Multifamily is 68.8% of gross balances and five Panhandle counties hold more than half, though Trepp says the extent of damage is unknown.
- Real estate debt
Terra refinances Well office in Bay Harbor Islands with $183.8M Monroe loan
The four-story building is 90 percent leased; the new debt retires a $238 million loan from Eldridge Capital Management and Hudson Bay.
- Real estate debt
Bank OZK funds $132.7M construction loan for Culver City mixed-use
Lincoln Property and McCourt Partners will build a 344-unit building with 52 affordable units at 11111 Jefferson Boulevard; construction is expected to start before year-end.
- Real estate debt
Lake Forest Bank lends Sitex $39.4M to refinance Queens industrial outdoor storage site
The loan is backed by a 20-year New York City Fire Department lease signed in 2023 for a Maspeth garage and repair facility.
- Deals
Related Beal and Freeport Equity buy Boston's Motor Mart Garage from CIM
Terms were not disclosed; Related Beal says it will keep operating the 1,037-stall garage and ground-floor retail.
- Sectors
Trepp: Apartment prices fell 2.56% year over year in Q2
The equal-weighted index slipped 0.1% from the first quarter; the value-weighted index is down 17.8% since June 2022.
- Deals
Colliers finalizes $37M two-property Fallbrook apartment sale
The 133-unit Amberwood sold for $24.25 million and the 73-unit Rosewood for $12.4 million, according to Connect CRE.
- Deals
Berkadia brokers sale of 458-unit Tivoli Green in Mount Pleasant, Wis.
Santefort Real Estate Group bought the property from Wangard Partners; Berkadia arranged Freddie Mac acquisition financing and a sale price was not disclosed.
- Fundraising
Boston Financial closes $191M Low-Income Housing Tax Credit fund with seven institutional investors
Connect CRE reports the fund is Boston Financial’s 63rd tax credit vehicle and will back new construction and preservation across 16 communities in 12 states.
- Real estate debt
Rithm closes $375M multifamily-only RTL securitization via Genesis
The initial pool holds 55 investor loans, caps individual loans at $35 million and carries a two-year reinvestment window.
- Deals
Affinius Capital closes loan for Black Mountain's 856,524-sf Temple warehouse purchase
Velocis developed and sold the two-building Central Texas complex, which is 100% leased to three tenants off I-35.
- Deals
Optima, Axium and Desjardins fund buy five Alberta care communities
The Brenda Strafford Foundation sold Bow View Manor, Cambridge Manor, Clifton House, Tudor Manor and Wentworth Manor; the purchase price was undisclosed.
- Real estate debt
AXA Equitable provides $103M to recapitalize Rose Associates and MSREI's Ellington
Rose Associates president Marc Ehrlich says the Midtown recapitalization is the first of several expected acquisition deals with Morgan Stanley Real Estate Investing.
- Real estate debt
Equus finances 52-property Phoenix industrial portfolio with $718.2M floating-rate package
The five-year floating-rate package includes a $527.1 million SASB led left by Morgan Stanley and right by Bank of America, plus a $191.1 million balance-sheet loan from Bank of America.
- Real estate debt
Lone Star Funds closes $110M floating-rate refi on Stafford rentals
The floating-rate, interest-only loan from TPG Real Estate Credit covers 731 Class A units built in 2019 and 2020; Walker & Dunlop arranged the financing.
- Fundraising
Wells Fargo and J.P. Morgan Chase lead $550 million Century City CMBS refinancing
The loan is expected to close Oct. 15 and includes a $219 million distribution to ownership.
- Sectors
U.S. office posts fifth straight quarter of absorption gains, JLL says
Third-quarter net absorption of 6 million square feet brings the year-to-date total to 21 million as completions stay near a record low.
- Deals
Kennedy Wilson, Hulic, Fuyo JV acquires 312-unit San Jose apartments for $176M
The One South Market acquisition is the firm's fifth venture with Hulic and first with Fuyo General Lease (USA).
- Real estate debt
Commercial Observer: CRE refinancing pressure is an equity problem, not a debt crisis
The column says many occupied, revenue-generating assets are failing refinance tests because income has not kept pace with a higher cost of capital.
- Fundraising
LADWP pension commits $250m to three real estate funds
SWBC's second multifamily fund targets $200 million, and Belay's Form D shows $340 million sold of a $750 million offering.
- Real estate debt
JLL arranges $463M Barings bridge for Thompson Thrift rentals
Six of the eight properties are in Florida, and the proceeds retired construction loans on all eight, Connect CRE reported.
- Real estate debt
Terra refinances Bay Harbor Islands offices with $183.75 million Monroe Capital loan
The 96,000-square-foot Class A office building is more than 90% leased and was delivered over the summer, according to Connect CRE.
- Fundraising
Massachusetts proposes 104 opportunity zones, 34 fewer than first round
New federal rules cap would-be residents' household earnings at 70% of area median income, eliminate contiguous tracts and require poverty rates of at least 20%, per the Boston Business Journal.
- Sectors
JLL completes Nuveen's sale of 8270 Greensboro Drive to Onward Investors
The 10-story building is 96% leased to 13 tenants, and the sale price was not disclosed.
- Who's investing
LADWP commits $250m across Vistria, Locust Point and DRA funds
The Los Angeles pension allocated $100 million to workforce housing and $75 million each to senior housing credit and a diversified value-add fund.
- Deals
PDG agrees to sell Indonesian enterprise data centers to Sinar Mas-backed SMPlus Digital Investama
The deal covers five operating facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru; PDG keeps its 400-megawatt hyperscale campuses.
- Real estate debt
Northmarq arranges $50M refinancing for 235-unit Bloomington, Minnesota apartments
The Minneapolis debt team placed the loan with a life insurance company while the building, completed in 2024, finishes lease-up.
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- Sectors
Power tops US site-selection factors in consultants' survey as data center demand strains utilities
79% of surveyed consultants cite electric power as a top factor, ahead of labor availability and geopolitics at 50%.
- Real estate debt
RMR arranges $272.1 million loan from Morgan Stanley, BNP for Cedars-Sinai medical office buildings
The interest-only financing carries a two-year initial term with three one-year extension options and is secured by two buildings on W. Third St.
- Real estate debt
PNC Bank provides $96M fixed-rate loan for 11North Partners' $155M Lahaina retail purchase
The loan covers about 62% of the purchase price, leaving roughly $59 million in equity before closing costs.
- Fundraising
AirTrunk defers $1.5 billion Singapore REIT IPO to next year
The Blackstone- and CPPIB-owned operator had weighed lifting the offering's yield to 6% before September's rate move chilled demand, Bloomberg reported.