Real Estate archive
Every Real Estate story, newest first. 1,835 stories
32 stories
- Real estate debt
Orix writes $275,000 a unit on a Seattle lease-up
Nobody has sold Swell Apartments, so a $55 million refinancing becomes the closest thing to a mark the 2024-vintage building has.
- Real estate debt
Berkshire buys the rest of MF1 as Limekiln exits
After eight years, Limekiln is out and Berkshire owns all of a lender built on roughly $32 billion of apartment loans, plus the workout still ahead.
- Fundraising
A regional bank lent 78% on a White Plains grocery center
The 78.4% loan-to-price on City Center says retail debt hasn't vanished so much as sorted itself by tenant roster, and centers with full rosters still borrow on ordinary terms.
- Real estate debt
Oregon's small-balance apartment market is clearing on bank credit
Three GREA-arranged bank loans carry thirty-year amortization on five- and ten-year terms, deferring the question of value to roughly 2031.
- Deals
Waterton's Chino Hills buy is an operations trade, not a rent bet
With almost no 100-unit-plus sales in the submarket over ten years, the return on this deal rides on renovation execution rather than market rent growth.
- Real estate debt
Five years of office financials retire the income-recovery refinance
Trepp's chained medians put office NOI growth at 0.2% a year since 2021 and a five-year debt-yield gain at nine basis points, so the refinancing gap gets closed with equity, not rent.
- Deals
Sagard's Tukwila deal is a land trade wearing a warehouse
No price, no cap rate, no seller: what Sagard disclosed about 1100 Andover Park West points to acreage and tenant stickiness rather than yield.
- Real estate debt
A Falling CMBS Delinquency Balance Is a Plateau, Not a Peak
Trepp's own caveat — resolved problem loans replaced by new delinquencies — says more about the next year of office credit than the August headline does.
- Deals
LaSalle and Camber take Long Island industrial off the market
With no price disclosed on 270,000 square feet of Long Island infill, the tenant mix and the barriers to entry are the only evidence of what the buyers paid for. The tenant worth reading is the one in national defense.
- Real estate debt
Draper & Kramer places $93.5M refinance on the Elizabeth
The loan resets a coupon on a 2024-vintage tower, but the construction-lending quote inside the announcement is the part that matters.
- Sectors
In Houston spec industrial, the land is the trade
A 191,768-square-foot rear-load building on 14.4 infill acres with SH-249 frontage is a wager that the scarce input in Northwest Houston is land rather than demand.
- Deals
Woodside adds two Chesapeake medical buildings, price undisclosed
Two medical buildings totaling 25,000 square feet with a dental anchor make the case for small-bay medical office as its own pricing lane, even without a number.
- Real estate debt
S3's leasehold loan is a bet on a document, not dirt
A $45 million construction loan on church-owned land in Brooklyn puts the ground lease at the center of the credit.
- Deals
Rycore sells The Woodlands office at 87.3% leased
With 3.9 years of weighted average term left, the buyer is betting on The Woodlands' supply-starved leasing market, not the rent roll.
- Deals
IRT's $8.1 billion Midwest bet sets a multifamily mark
A public buyer has put an arm's-length price on Midwest and Mountain West apartments, and private owners there now have a mark to underwrite against.
- Real estate debt
Affinius and Axonic's sixth deal matters more than the $48 million
A year-old lending partnership between a $30.4 billion manager and a credit shop has closed six deals, and the sixth shows suburban scarcity getting underwritten as the binding constraint.
- Sectors
RED's $28.6 million Phoenix buy is a land trade
The north Phoenix campus cleared at roughly $1 million an acre, pricing half a million square feet of empty office at land value minus the cost of tearing it down.
- Deals
Rethink pays $1,460 a foot for one hospital lease
A $16.2 million emergency department in the Orlando metro trades at close to two and a half times the per-foot price of a Greenwich outpatient campus, and the spread prices what a licensed health-system lease adds per square foot.
- Deals
Tishman sells Mountain View office at $876 a foot, leased throughout
Spear Street is buying Fenwick & West's rent roll, not evidence that Bay Area office has found a floor.
- Deals
SL Green's SoHo sale prices a full rent roll as debt relief
A fully leased Class A building trading to retire unsecured corporate debt says more about capital costs than about Manhattan office demand.
- Deals
Lincoln and PGIM buy a Banner-anchored surgery center in Gilbert
Banner's Phoenix network turns a single 14,000-square-foot surgery center into a program; the lease is what Lincoln and PGIM are underwriting.
- Real estate debt
Illinois Teachers anchors a senior-housing credit fund with $100m
A $100 million pension anchor for a sector-specific lender suggests senior housing debt is becoming its own allocation line.
- The Wrap
National gives its investment chief the corner office
Kevin Verdi has been running the firm's money; in January 2027 the title catches up, with Jeffrey Kanne staying within reach.
- Fundraising
Starlight closes £680m UK build-to-rent fund with Homes England alongside
The raise pairs global institutional money with Homes England's National Housing Bank — the pairing LPs will start demanding in every UK build-to-rent capital structure.
- Who's investing
Asia's core funds out-earned the risk sleeves in the second quarter
Core's 2.29 percent quarter against a negative value-add print hands allocators a fee conversation the next index will either settle or sharpen.
- 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.
- Deals
Greystar and PGIM build three Charleston warehouses on a granular leasing bet
Three speculative buildings in a secondary port market test whether institutional capital can lease industrial space one 16,000-square-foot suite at a time.
- 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.
- Sectors
Senior housing's boom is built on one generation's balance sheet
Occupancy heads toward 90 percent and transaction volume is up more than 40 percent, but the cohort behind the boomers cannot pay what the pipeline was built to charge.
- Fundraising
DST sales slip 10.6% as the launch shelf thins
Delaware statutory trust fundraising has cleared $6.48 billion through August, but the month's new offerings were too small to restock a channel selling $881 million a month.
- Who's investing
Distressed office's first buyers are sponsor balance sheets
A founder's $50 million anchor is setting the entry price in class A and B office.
- Fundraising
Data centers are turning truck yards into a land trade
Institutional capital's share of IOS investment has climbed to 45 percent from 30 percent in four years, and the demand pulling it in is construction staging — a use that ends when the buildout does.
8 stories
- Sectors
Healey's data center order reprices power, and the megawatts will move
Massachusetts has made grid cost and town consent conditions of entry; private capital's answer is to site the megawatts somewhere else.
- Real estate debt
Gantry places $48.3M Freddie Mac takeout on Maple Grove apartments
A full-term interest-only, non-recourse 10-year loan written on a 248-unit stabilized asset sets the price at the front of the refinancing queue.
- Real estate debt
Canyon puts $67M on Kurv Elizabeth at $240 a foot
The refinancing shows senior debt still clearing on modern industrial in dense corridors, even as resale comps in secondary markets run lower.
- Real estate debt
Avatar compresses the capital stack on two Jack in the Boxes
A $5.1 million first-lien bridge clears a matured note and folds old subordinate debt into one junior position, leaving the two-year exit as the real test.
- Fundraising
MCB's $420M TIF unlocks $2.7B VIVA White Oak
A county's first-ever TIF district will fund public infrastructure for a 280-acre Maryland mixed-use project with more than 4,700 residential units planned.
- Deals
Walton Street's $62.3M loan puts Las Colinas at $167K a key
The financing behind the 374-unit Irving trade gives Dallas-area multifamily its clearest public debt data point in weeks.
- Fundraising
Harrison Street builds a fundraising bench for infrastructure and credit
Three Investor Solutions Group hires position the $110 billion property manager to raise capital beyond traditional real estate as it sells down assets.
- Fundraising
HUD gives private capital a dated entry point into public housing
Section 18's expansion touches 270,000 pre-1950 units; the real edge is the 15-year LIHTC cohort now carrying a firm conversion date.