Deals: archive
Every Deals story in Real Estate, newest first. 670 stories
13 stories
H&R REIT breakup splits assets among five buyers
GO Residential leads a $4.8B five-way deal that sends apartments, industrial and noncore assets to separate owners.
Vivmark begins trading as largest U.S. apartment REIT
The $70 billion combined company launches Tuesday with a $125 million synergy target over 18 months.
United Hampshire REIT sells Quincy BJ's for $34M
The sale trims leverage to 35.9% and frees cash for debt paydowns and reinvestment.
Swiss landlord Varia hands Brookfield 90% of a $694M portfolio
The deal trims Varia's exposure to older assets and gives Brookfield scale at a 9.5% discount to appraisal.
Judge clears Centre Square sale to PMC, Dean Adler
The $70 million deal prices the 1.8 million-square-foot Philadelphia complex at less than a fifth of its remaining CMBS debt.
Brookfield and CPP take LXP Industrial private for $5 billion
The two institutions buy 108 U.S. industrial properties for $5 billion, a pricing event for the sector.
Belmont apartment building trades at $359,375 a unit
The 16-unit Carlmont Hills trade gives small-balance buyers a fresh San Mateo County comp.
BGO and Seyon Buy Marlborough Industrial Portfolio
The 134,413-square-foot acquisition deepens the pair's Northeast industrial partnership.
Bridge Point Tacoma 210 sells for $33.9M, a fresh industrial comp
The 205,413-square-foot sale prices a 2024 delivery at roughly $165 per square foot, a rare benchmark for new distribution space in the Pacific Northwest.
Landsec reportedly nears £500m Metrocentre deal
A reported deal at about £500 million would put fresh capital behind one of Europe's largest shopping centres and give the UK regional retail market a clearing price.
Aventon buys Wesley Chapel site for 384 apartments
The $16.25 million purchase gives the Florida developer a second site from Clearwater Bay Associates, with construction already underway.
Edison Lofts sells for $131 million in West Orange
The two-building, 334-unit sale prices a favorable tax pilot and gives the market a clean comparable.
Lincoln-led venture pays $450M for National Resources' tri-state portfolio
An estate sale across three states hands Waterfall its largest real estate acquisition and gives Lincoln an IBM-era campus with room to build.
15 stories
Terreno pays $939/sf for a Red Hook waterfront warehouse
A fully leased Red Hook industrial building sells for $26.3M, or $939/sf, at a 5.2% stabilized cap rate — a rare public comp for waterfront infill.
Hickory Oaks trades at $91,000 per unit in $12.55M deal
The Southland apartment sale gives buyers a public per-unit benchmark as Greenstone brokered both sides.
Corebridge and Armstrong Capital launch retail venture with Raleigh buy
A programmatic joint venture brings Corebridge back to retail real estate, starting with a 273,105-square-foot center in Raleigh.
Rexford sells $1.2B non-core portfolio to EQT
The sale covers 60% of Rexford's $2 billion realignment, handing EQT a portfolio of above-market rents and renewal risk.
Blaze Capital sells Charlotte build-to-rent community at its 2022 basis
A Pineville build-to-rent community traded for $32 million, matching its 2022 purchase price. The 98%-occupied property offers a rare flat comparison for single-family rental portfolio pricing.
Portman closes construction financing for Gateway 1960
Portman closed on land and construction financing for Gateway 1960, a 714,233-square-foot Houston industrial park, clearing the way for construction to start this month.
Blackstone-led consortium takes H&R REIT private for C$6.7 billion
GO REIT, Crestpoint and PSP Investments join Blackstone in taking the Toronto-listed trust private.
Brookfield, Varia form $694M multifamily venture
Brookfield takes 90% of four buildings and Varia gets a $200 million acquisition line, with nine more properties to be sold over three years.
AvalonBay and Equity Residential complete merger into Vivmark, the largest apartment REIT
The $70 billion enterprise-value company controls more than 184,000 apartments and nearly doubles its nearest rival in units.
Goldman Sachs to acquire LCN Capital Partners for up to $410 million
The bank pays $260 million upfront, with $150 million more tied to long-term performance.
H&R REIT breakup sends apartments to GO, industrial to Blackstone
The breakup quadruples GO Residential's portfolio, sends the industrial assets to Blackstone and partners, and parks the rest with H&R's CEO.
Brookfield enters Japan multifamily with 50-building buy
The young portfolio is roughly 96% leased across four major metros.
SparrowHawk pays just under $400M for EQT's Midwest warehouses
The Houston firm picks up a 4.4 million-square-foot Midwest portfolio.
Brookfield buys 50-building Japan multifamily portfolio
The 3,700-unit deal puts the firm at scale in one of Japan's most compelling sectors.
Ryman Hospitality pays $1.4B for Grande Lakes Orlando Resort
The deal marks the largest non-gaming U.S. resort sale on record, IPE Real Assets reports.
2 stories
Spirit Airlines' shuttered Dania Beach headquarters sells for $93.25M at auction
An affiliate of Boston-based Hill City Capital bought the property, which spans more than 600,000 square feet.
IPE sees a hidden infrastructure asset in Prologis's Segro bid
An IPE Real Assets analysis frames Prologis's £14bn offer for Segro as a hunt for a hidden infrastructure asset.