Real Estate archive
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- Deals
Landsec exchanges contracts on £516m Metrocentre purchase at 7.9% yield
The Gateshead center generates £41 million of net rental income and is 95 percent occupied; completion hinges on bondholder approval of a restructuring.
- Real estate debt
Goldman Sachs provides up to £500 million facility to Quantum Development Finance
The long-term facility lifts the London-based SME housebuilder lender's total funding to £700 million ($925 million) from £200 million ($264 million).
- Deals
Rithm closes DRA joint venture at 1301 Avenue of the Americas
Rithm keeps majority ownership and the operating role at the Elecor Properties building; the announcement discloses no terms.
- Fundraising
Partners Group and Empira launch €1 billion closed-end pan-European living fund
The vehicle targets €1 billion in equity commitments and draws on a combined real estate platform of more than 265 professionals and about $57 billion of gross asset value.
- The Wrap
PCCP and life insurers close refinancings as the 10-year Treasury hits 5.3%
A $68.3 million loan on a half-leased Mesa warehouse and a five-year life-company loan on Charlotte office point to patient capital absorbing risk rather than forced sales.
- Fundraising
CoStar indexes show large property prices falling as smaller assets rise
The value-weighted composite fell 1.3% in August, a fifth straight monthly decline, while the equal-weighted measure rose 1.4%.
- Who's investing
PGIM Real Estate puts US investors' international allocation sweet spot at 10-15%
Domestic targets have climbed to 70-80% from 66% in the back half of the last cycle, according to the manager's European research head.
- Who's investing
Ohio Police & Fire slates up to $100 million for Jadian Evergreen Fund
The $22 billion plan's real estate sleeve sits at 8.65 percent of assets against a 12 percent target, leaving the Jadian commitment a fraction of a nearly $700 million gap.
32 stories
- Sectors
Gas station buyers hold firm as war in Iran lifts fuel prices
Convenience store cap rates averaged 5.63% in the second quarter of 2026, the tightest of 17 net lease sectors tracked by B&E.
- Sectors
J.P. Morgan closes $1.1B net lease fund as CBRE buys Tenet Equity
Northmarq's research puts second-quarter single-tenant investment sales at roughly $13.5 billion, up 19.1% year over year, with industrial taking nearly two-thirds.
- Fundraising
Blue Owl secures close to $8bn net-lease fund as public pensions commit
The raise is the largest described in the IPE Real Assets briefing, which also has JP Morgan Asset Management above $1bn for a debut net-lease fund and three US public pension systems named as investors.
- Deals
Faris Lee arranges $38.7 million sale of Lakewood Center's Home Depot and Albertsons parcels
A high-net-worth family office buys the 14.7 acres under a Home Depot and an Albertsons, both on below-market ground leases.
- Deals
Stockbridge buys Maryland industrial asset at TA Realty's 2022 basis
The Upper Marlboro building is fully leased to Harris Company, a mechanical contractor serving hyperscale data center operators, and sold within $400,000 of TA Realty's 2022 purchase price.
- Real estate debt
The 10-year hits 5.3%, highest since 2002, and CRE lenders expect values to fall
At Bisnow's National Commercial Real Estate Finance Event, investors and lenders said deals that penciled a month ago may no longer work at today's yields.
- Deals
JLL closes Bedminster grocery-anchored center sale to Asana Partners at undisclosed price
Lena Centers, a Longpoint Partners subsidiary, sold the fully leased 110,000-square-foot property anchored by Kings Food Markets and CVS.
- Fundraising
Ken Griffin closes $1.1 billion cash purchase of Moishe Mana's Wynwood portfolio
The land is counted inside a $3 billion Carnegie Mellon gift, three years after Mana rejected an $800 million offer and relented days later.
- Real estate debt
KeyBank provides $92.9M for SoLa Impact's 166-unit South LA project
A $43.8 million construction loan, $18.1 million of LIHTC equity and a $31 million Fannie Mae permanent loan account for the total; a matching $31 million bond sale appears to fund the take-out.
- Real estate debt
Apollo lends Brookfield $130.5M for a Rialto logistics build
Commercial Observer first reported the five-year construction loan for a 664,859-square-foot Class A project on land that was part of the shuttered Rialto Airport.
- Deals
Cityview sells Belle on Bev into a $76 million PCCP joint venture
The 243-unit Historic Filipinotown complex prices at about $312,757 a unit, with Cityview as both seller and venture partner; the sale generated $4.5 million in local transfer taxes, mostly to Measure ULA.
- Real estate debt
Mortgage Bankers Association: CMBS delinquency falls 42 basis points to 6.53%
Bank book improves to 1.20% while life company, Fannie and Freddie rates edge up but stay under 1%.
- Deals
L&G retirement arm funds first US ground-up housing: 201 Concord units
The project with Boston-based Taurus Investment Holdings is slated to finish a first building by the end of 2028 and a second in 2029, with a quarter of the units affordable under state guidelines.
- Real estate debt
Dwight Capital closes $47 million HUD construction loan for Hunington's Katy apartments
The nonrecourse 221(d)(4) loan for Hunington's 279-unit The Vic at Sunterra carries 24 months interest-only before a 40-year amortization.
- Deals
Mid-America arranges Lombard sale of 68%-leased High Point Centre
The 240,345-square-foot DuPage County center carries roughly 77,000 square feet of vacancy and no disclosed price.
- Deals
Icarus Investment Group pays $5.23 million for 68-unit Chicago Lawn portfolio
Three buildings across three addresses sold at $77,000 a unit, with rents, occupancy, financing and the seller undisclosed.
- Sectors
Hankook Property Management works on mixed-use plan for Lewisville's Vista mall
The concept calls for more than 600,000 square feet of retail, 1,000-plus apartments, townhomes and a hotel, and would need a rezoning, with mall vacancy estimated at 30% to 50%.
- Deals
1788 Holdings pays $15M for 103,000-square-foot Capitol Heights industrial building
The single-tenant property is fully leased to Bay Crane Mid-Atlantic and prices at roughly $145 a square foot.
- Deals
Mohr Capital announces sale of a 1,057,350-square-foot Indiana warehouse
The buyer and terms were not disclosed for the building at Mohr Logistics Park, which Cummins occupies.
- Sectors
U.S. apartment rents slip 0.08% in September, ending nine-month streak of positive-to-flat increases
Annual rent growth accelerated to 1.5% from 1.3% in August, while Apartments.com flagged elevated supply as a continuing constraint on pricing.
- Real estate debt
Logistics Property Co. obtains $68.3M refinancing for Mesa industrial park
Pacific Coast Capital Partners provided the debt on the 614,544-square-foot Palm Gateway Logistics Center, which was 52.4 percent leased as of March.
- Deals
CBRE arranges $53M sale of 125-unit Lacey townhome community
The 2023-built community on 8.33 acres near Interstate 5 works out to roughly $424,000 a unit, with neither buyer nor seller named in the report.
- Real estate debt
SCALE Lending provides $67.5 million construction loan for Capodagli's second Rahway phase
The 30-month loan retires an existing senior loan and funds completion of the 200-unit Meridia Rahway Brownstones, with two six-month extensions available.
- Real estate debt
Trepp data show conduit CMBS cash-in pressure easing while leverage lags
Cash-in pressure has eased from its 2024 peak, but borrowers still supply nearly double the debt-stack share they did in 2021.
- Deals
LBX pays $54.3 million for Vintage South's two-property Nashville portfolio
The portfolio totals 134,113 square feet, split between Breeze Block and Stateline; no cap rate or occupancy figure is disclosed.
- Deals
Fund managed by Morgan Stanley Real Estate Investing buys Milpitas R&D building for $84.1 million
The all-cash sale of 601 McCarthy prices the 189,481-square-foot property at $444 a square foot, with KLA Corp. leasing all of it.
- Deals
JLL arranges Lavaca Plaza sale to Riverside in downtown Austin
The 122,042-square-foot building at 504 Lavaca St. has seven floors of parking and no disclosed price or seller.
- Real estate debt
Brennan and Barings secure $150M industrial outdoor storage financing
JLL Capital Markets arranged the facility, seeded by five properties in Denver, Houston and Austin.
- Deals
BAM Capital enters Southeast with 334-unit North Carolina apartment buy
The Leland, N.C. community joins BAM Multifamily Growth Fund V at an estimated 17.4 percent discount to replacement cost, the firm says.
- Real estate debt
Childress Klein, Ascentris refinance Charlotte office pair with $68.3M life company loan
CBRE arranged the five-year permanent loan on two six-story buildings inside the 90-acre Waverly mixed-use development.
- Deals
Primaris REIT agrees to buy Newmarket's Upper Canada Mall for $411 million
The 990,114-square-foot Newmarket, Ontario mall sits on 76 acres and came to market through a broadly marketed process, the REIT's CIO says.
- Deals
Lone Star fund buys Dutch residential portfolio for €215.5 million
The 13-asset Catella Panta Rhei portfolio holds more than 900 units in Amsterdam, Eindhoven, Nijmegen and Rotterdam; no going-in yield was disclosed.