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Private Real Estate Daily

from Private Wealth Daily

The edition as it went to readers: 4 stories.

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The lead

Downtown L.A. office vacancy above 20% as firms build a housing-lending case

A ULI advisory panel took up downtown's three challenges in mid-September as D2 Asset Management and G4 Capital Partners write residential loans.

Real estate debt

Insurance lenders' CRE loan-to-value rises fastest as data-center exposure deepens

MSCI puts carriers at 62.7% loan-to-value in the first half of 2026, below the 65.9% market average but up 2.5 points, the largest increase of any lender group.

The Wrap

Manhattan office availability falls to 2020 low as leasing tops 10-year average

Third-quarter leasing ran 19.2 percent above its 10-year average and available space hit the lowest level since 2020, while the 10-Year Treasury held at a 19-year high.

Sectors

Nearly a dozen states pause or roll back data center tax incentives

Developers and hyperscalers are preparing to build without the breaks that have shaped where projects land, according to Bisnow.

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