Real Estate archive
Every Real Estate story, newest first. 1,835 stories
22 stories
- Real estate debt
Madison Realty funds Whole Foods-anchored Southlake project
A $77 million construction loan outside Dallas leans on a grocery lease and 37 saleable lots, the least speculative form of construction credit's return.
- Real estate debt
MassHousing closes $14M Westcott permanent loan
The permanent mortgage is the smallest major line in the $69.1 million stack and the last to close.
- Deals
Trammell Crow, Arlington agree on 99-year downtown ground lease
The developer's required $123 million goes into city-owned land, making lease-up the variable that decides the deal.
- Deals
CBRE IM buys $1.6B net-lease platform and keeps Tenet as partner
The industrial portfolio is the current income; Tenet is the sourcing capacity CBRE IM paid to keep.
- Fundraising
J.P. Morgan closes oversubscribed net lease fund at $1.1B
A majority of the capital came from investors new to the firm's real estate Americas platform, showing the distribution value of the Trio acquisition.
- Deals
Basis closes Surprise land deal with storage construction loan
The 707-unit self-storage project at Truman Ranch ties a $20.5 million construction loan to the master plan's 600-plus apartments.
- Real estate debt
Canyon provides a $67M senior loan to refinance Kurv Elizabeth industrial
The senior loan prices a 2024-delivered, port-adjacent asset at roughly $240 per square foot in a supply-constrained New Jersey submarket.
- Deals
Starwood and Trinitas bet 2,046 student beds on campus-enrollment math through 2028
A ground-up pipeline at Pittsburgh, Oklahoma and Wisconsin tests whether constrained campus supply outlasts two years of construction risk.
- Deals
Matterhorn seeds Minneapolis small-bay push with two-building buy
The 57,665-square-foot, two-building off-market buy gives Matterhorn its first Minneapolis investment and a test of whether the sourcing repeats.
- The Wrap
Harrison Street fills out a global capital-raising bench
The $110 billion manager rebuilds its fundraising bench across three regions, and the PGIM departure leaves a gap in Southern U.S. coverage.
- Real estate debt
Dwight’s $62M Culver City refi buys time, not a sale
The bridge loan on the 139-unit Lana project pays down prior debt and preferred equity, evidence that private lenders will price complicated stacks before lease-up is finished.
- Sectors
Crescent starts Nashville build with 2029 lease-up bet
A 313-unit rental at oneC1TY whose return hinges on lease-up speed and cost control, not this year's rents.
- Deals
AEW buys Berlin hospital-campus building for French retail fund
Fully let and index-linked, the fund's first German acquisition is a wager on tenant stickiness around a medical campus rather than site speculation.
- Deals
Milhaus closes Broadshore, adds an investment arm
The deal pairs an SEC-registered equity and debt shop with an owner-operator that already manages more than 50,000 apartments.
- Deals
CBRE IM pays $1.6B for Cerberus net-lease lender Tenet
The platform sale prices triple-net-lease origination as a credit business rather than a real estate portfolio, and hands CBRE IM a five-year-old engine built by Cerberus.
- Sectors
Data center underwriting is now a county-level power game
Ten U.S. counties hold 42 percent of the nation's data centers, while 92 percent have none. National underwriting models are a dangerous shortcut.
- Deals
Davis JV's Gastonia box is flexible by design
The project's single-user or multi-tenant layout hedges the lease-up risk of a 462,000-square-foot building.
- 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.
- Sectors
Last World Trade Center tower starts as Silverstein pivots to lending
The groundbreaking at 2 World Trade Center closes a 25-year rebuilding chapter as the family firm directs growth capital toward credit and opportunity zones.
- Deals
AmTrustRE’s $65.5M boutique office bet leaves the math unproven
A facade-to-amenity reinvention at 360 Lexington is on full display, but the missing renovation budget and lease-up numbers leave the trade unproven.
- Deals
MLG Capital buys tenant diversity in 29-building Indianapolis industrial portfolio
The 1.53 million-square-foot, 94%-leased deal pairs 15-foot clear heights with 158 small leases, putting MLG's return on renewals and expense control rather than a big-box conversion.
- Deals
Northampton and Provident form a 54 MW Dallas data center joint venture
Long-dated infrastructure capital meets a developer's pipeline, and the framework for future sites makes the late-2027 delivery schedule the underwriting.
18 stories
- Deals
Acadia pays $60M to deepen SoHo Greene Street retail bet
The latest purchase runs 82 percent above the buildings' 2012 price and cements the REIT's concentration on one high-street block.
- Fundraising
WNC closes 23rd California LIHTC fund at $66.3M
The Irvine sponsor's latest vehicle finances 650 family homes across three counties and proves its 55-year California strategy still has allocator legs.
- Fundraising
Berkadia's $12.4M LIHTC close opens a Wallick pipeline
A 52-unit South Haven, Michigan, deal puts Berkadia into Wallick Development's pipeline for the first time.
- Real estate debt
GAIA and Raymond James buy another year at 55 Hope
A second extension pushes maturity to August 2027 and keeps GAIA out of a refinancing market it has decided not to accept.
- Real estate debt
New York Life beats the borrower’s bank on $53.5M storage loan
Full-term IO and a 15-basis-point edge give Investec a term sheet its private bank couldn’t match—and a benchmark for the next refinancing.
- Deals
In $65M Greenwich deal, Healthcare Realty buys scarcity
The Greenwich Medical Center purchase prices the 106,092-square-foot Class A outpatient campus at about $613 a foot in one of Fairfield County's tightest medical markets.
- Sectors
Scarce supply keeps Canadian property prices flat
Green Street's CPPI rose 0.1% in the second quarter and sits 0.1% below a year ago, a flat tape explained by scarce supply.
- Real estate debt
New York Life writes $53.5M storage refi with full-term IO
A three-property California portfolio gets five years of interest-only debt and a savings claim that the maturity date will test.
- Real estate debt
Schrager hotel conversion draws $116.5M bridge
Driftwood Capital and Benefit Street Partners replace the 2024 construction facility on the 137-key Sunset Strip property.
- Real estate debt
Cantor’s $141M Raleigh refi rides one tenant
Underwriting the single-asset CMBS loan is the 100%-leased Bandwidth headquarters, a public-company tenant, and a 43-year arranger relationship.
- Sectors
Massachusetts puts local sign-off ahead of data center permitting
Developers must clear community benefits agreements before state agencies act, adding unquantified duration to Bay State data center schedules.
- Deals
Ares fund pays $55M for Tacoma newspaper-turned-warehouse
Corebridge and Davis Property & Investment's conversion of the former Tacoma News Tribune plant clears at roughly $222 a square foot.
- Fundraising
Blue Owl's data center REIT is a pricing event
A $6.5 billion seed would put a public number on private data center valuations.
- Real estate debt
Smaller September CMBS book, heavier refinancing test
Two inflation prints will price the month's maturing balances, while industrial data separate new issuance from stress already on the books.
- Deals
The Dime's commercial pieces sell for $28.5M
A landmark hall at $145 per square foot and an office base at $216 set the terms of the operator's trade in Williamsburg.
- Deals
Goldenrod Bets $400M on Fort Worth With No Tenant Signed
A beam-raising at the Van Zandt and a planned One University put 215,000 square feet of Fort Worth office on the line without a lease.
- Deals
WinCo pays $18M for a Tucson land position
The price works out to about $35.65 per square foot of land, a figure that suggests the buildings were incidental.
- Deals
Shorenstein's Dallas buying streak runs on an 8% distribution yield
The manager has acquired 13 office properties totaling $2 billion since June 2024, and an 8% average distribution yield explains the fourth Dallas tower in two years.