Features: archive
Every Features story in Real Estate, newest first. 65 stories
1 story
- The Wrap
Industrial's 5.5% print, and the mark it dodges
Rexford's rent-reset portfolio gives industrial its first public yield, and the $6.90 billion hard wall shows how many owners would rather extend than print.
1 story
- The Wrap
Three-year loans for earned income, equity for the forecast
A policy rate held at 4.1% through next year leaves the 2027 refinancing wall to short bank paper and whoever can write an equity check.
2 stories
- Fundraising
Real estate equity now forms around the deal, not the blind pool
A zero-dollar sidecar, a $300 million raise that came back unchanged, and a $1.1 billion credit close describe a market assembling capital after the exposure is known.
- The Wrap
Private credit now underwrites the lease-up itself
HPS, Dwight and Mesa West are financing the window before income arrives, and the first real price surfaces only at the extension.
1 story
- The Wrap
The bond market's 72-basis-point data-center warning
Debt has begun pricing construction and concentration risk in data centers; equity has not, and the next issuance wave will force the two to converge.
2 stories
- The Wrap
Data center IPOs are selling the construction curve
Three same-day filings from DayOne, SB Energy and Switch test whether public equity will pay infrastructure-style multiples for pipelines still clearing permits, power and financing—and hand private data center marks a daily comp.
- The Wrap
The block is multifamily's clearing price now
Embrey's $5 billion, Trepp's migration inversion and 1.2 million lease-ups have pushed apartment pricing below the metro.
1 story
- The Wrap
The refinancing wall is being rolled, not repriced
A $70 million Florida loan retired construction debt and funded phase II in one closing, Oregon banks stretched five-year notes across thirty-year schedules, and a Seattle lease-up got its first mark by debt. Nobody in the stack had to agree on a price.
2 stories
- The Wrap
Data center capital follows the power calendar, county by county
Massachusetts just made town consent a precondition for state action, and I Squared and Blue Owl priced existing urban megawatts instead of greenfield gigawatts.
- The Wrap
The refinancing wall splits into clean and dirty collateral
Gantry's Freddie Mac takeout and Dwight's Culver City bridge show agency capital and private credit repricing the $3 trillion maturity queue at different speeds.
1 story
- The Wrap
Office capital prices buildings as optionality, not income
From Coconut Grove to Fort Worth, the best office trades are bets on what a site can become, not what it currently earns.
1 story
- The Wrap
Data-center supply chain takes 10M SF in DFW
The data-center buildout is moving Dallas-Fort Worth industrial absorption, and warehouse landlords hold the second-order trade without the land or power risk.
2 stories
- The Wrap
Data center capital splits: cheap shells, pricier ground
Hutto's $280 million shell, Bitdeer's $500,000-an-acre land, and GLP's RMB4 billion Foshan campus all trace value as it leaves the building for the ground.
- The Wrap
Senior housing's $800,000 unit price meets a six-agency stack
Stabilized senior housing trades at going-concern prices while new supply still leans on public credit, and the gap between them is the underwriting engine.
2 stories
- The Wrap
Commonwealth loses six teams and four advisors in one day
The same-day exits to a new RIA and Cetera reveal a platform squeeze between breakaway equity and scaled independence.
- The Wrap
Power, not land, decides data-center winners
A new state audit has turned grid access into the binding constraint for a $73 billion construction pipeline.
2 stories
- The Wrap
Income visibility clears the refinancing wall
Lenders are funding proven cash flow as apartment prices slide for a ninth month.
- The Wrap
Amazon's Shreveport campus makes water the underwriting constraint
A $400 million water system attached to a data-center site shows hyperscalers are pricing municipal water risk as their own.
2 stories
- The Wrap
The refinancing wall is breaking in layers
From C-PACE on stabilized condos to convertibles on data centers, each layer of the stack is pricing a different risk.
- The Wrap
Data-center volume tests the stabilized-asset bid
Mapletree's 22-building sale will show whether July's record was construction momentum or an infrastructure repricing.
1 story
- The Wrap
Office debt reopens only after a trade sets the price
Wells Fargo's Workspace foreclosure and Doral refinance show lenders are writing office loans behind equity events, not recovery bets.
1 story
- The Wrap
The $92B pivot from buying to building
Development, rather than reset-value acquisitions, is the post-repricing trade—and data centers are where the scarcity bites hardest.
2 stories
- Fundraising
Fresh real estate equity forms in BDT & MSD's new funds
A pair of empty BDT & MSD vehicles and three first closes show patient family-office and specialized capital getting ready to buy at reset values.
- The Wrap
Owners stack new debt to ride out the maturity wall
A record C-PACE loan in Boston anchors a wave of layered refinancing that keeps assets in place.
1 story
- The Wrap
Blackstone's BREIT exits self-storage, bets on data centers
The trust sold 79 storage properties and closed an $852 million data center deal the same day it announced a QTS partnership.