Real Estate archive
Every Real Estate story, newest first. 1,835 stories
3 stories
- 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.
- Who's investing
KCERA adds $160 million to the credit side of real estate
Across office credit, housing debt, and opportunistic metro debt, the pension's latest commitments extend the pattern of plans underwriting the repricing through yield.
- Real estate debt
SJCERA puts $75M into high-quality office debt
The pension's check is a measured bet that office credit clears first at the trophy end of the market.
35 stories
- Sectors
Tariffs Split Construction Into Two Pricing Regimes
The 50% Canadian duties on cement, plywood, and machinery will hit build-to-rent pro formas as contingency while data-center sponsors pass the cost through; lenders will price the gap.
- Deals
Tavaco pays $28.5M to reset Falls Church office basis
The Los Angeles firm's third Greater Washington office buy runs roughly 35% below the seller's 2016 price.
- Deals
Landmark delivers 1,261-bed USC community, built in-house
The private developer’s second Los Angeles ground-up opening leaves it holding three student properties around one campus — a bet on owning a USC sub-market rather than spreading across the city.
- Sectors
Defense tech rewrites the South Bay industrial underwrite
Record Pentagon contracts and defense-tech tenants are turning South Bay warehouses into military infrastructure, and the region's industrial market is starting to underwrite accordingly.
- Deals
SENTRE pays $26.6M for Carlsbad industrial leased to Glanbia
A Glanbia hub since 2001, the 104,298-square-foot building sold at roughly $255 a foot.
- Real estate debt
Newmark places $277M construction loan on Urby's 748-unit Jersey City tower
The Truist-backed financing prices waterfront multifamily at $370,000 a unit, a comp that will shape the next Jersey City underwriting.
- The Wrap
Kennedy Wilson hires Jamison's Jaime Lee to lead global capital push
The former Jamison CEO will raise capital for a $37 billion platform built on the bet that Los Angeles housing lessons travel.
- Real estate debt
Office debt returns only after the trade prices
A $72.6 million Barings loan on a Needham office campus shows how lenders are re-entering office behind equity, after the trade has priced.
- Fundraising
Waterford breaks ground on 75-unit Milpitas affordable project
The project uses 4% low-income housing tax credits and private activity bonds, with Pacific Housing Inc. providing on-site services.
- Deals
Capitol Hill SEDU sale prices 57 units at $316,000 a key
A 57-unit building of 297-square-foot efficiencies near Amazon and Google sold for roughly $316,000 a unit, a cash-flow wager on small units in a supply-constrained submarket.
- Deals
Bonaventure buys Chevy Chase stake, Landmark stays partner
The non-traded REIT takes asset management at the 111-unit Crescent while the original developer keeps an ownership stake.
- Sectors
Revolution Medicines nears 700K-sf lease at former Google hub
A pre-launch drug bet would more than double the biotech's Redwood City footprint and reset the comp for vacant Peninsula tech campuses.
- Sectors
New York multifamily filings collapse as large projects vanish
A 52% drop in proposed units and a 25-to-9 collapse in 100-plus-unit filings put the 421-a exit's cost in the filing data.
- Real estate debt
Wells Fargo moves to foreclose on $1.3B Workspace portfolio
The two-year extension bought time, not oxygen; a receiver-run sale will now set the clearing price for suburban office.
- Real estate debt
Wells Fargo refinances repositioned Doral office campus
The $53.5 million loan works out to roughly $184 a foot and nearly returns the sponsors' $52.5 million net investment.
- Deals
Green Point's $42M Georgetown shell is just the start of a bigger spec bet
The 754,000-square-foot building breaks ground in October, but the real exposure is the 2.6 million square feet still looking for tenants.
- Sectors
Data Center Brokers Must Underwrite Risk, Not Just Land
Colliers' Saavedra sees the job shifting from listings to feasibility.
- Real estate debt
Truist's $277M Jersey City loan prices waterfront multifamily
The 748-unit 201 Hudson – by Urby financing works out to $370,000 per apartment, a selective construction-lending comp for the waterfront.
- Real estate debt
For office debt, the lease is now the collateral
PRP Real Assets and Riyad Capital refinance 777 Hidden Ridge with a $250M CMBS loan that prices a lease whose tenant has already left.
- Real estate debt
For Workforce Housing, Construction Debt Still Clears
Vic Centre's $36.5 million line covers 88 percent of its $41.7 million budget, the latest sign lenders will fund projects priced to wages rather than projections.
- Deals
W Properties times a garden-style bet for the 2029 supply trough
The 252-unit garden-style project beside Everbloom waits out today's North Texas apartment pipeline.
- Sectors
Texas audit turns ERCOT queue into a data center diligence item
The state's verification sweep turns grid documentation from an assumption into a diligence item for Texas data center projects in institutional pipelines.
- Real estate debt
Barings puts $250 million on Museum House's rent roll
The loan's $494,000 per-unit basis becomes the new comp for Seattle multifamily lenders, with 102 of the 506 units set aside as affordable.
- Sectors
Front Street draws up an 8.4M-SF industrial park in Lexington before the zoning exists
An 850-acre Triad site has I-85 and rail access, but Front Street is carrying the entitlement risk through a municipal process with no guaranteed timeline.
- Sectors
BTH breaks ground on a small-bay first phase in Port St. Lucie
The 55,200-square-foot start to Tradition Commerce Park leaves the 166,968-square-foot distribution boxes for later phases of the 530,000-square-foot plan.
- Real estate debt
CBRE's South Yorkshire JESSICA Fund crosses £100m with Sheffield and Doncaster loans
Two new commitments in Sheffield and Doncaster push the CBRE-managed fund past £100 million in development loans.
- Fundraising
M&G's first social-rent buy is a mandate shift
The £29 million deal moves the Affordable Living Fund into the deepest affordability tier for the first time.
- Real estate debt
Doral refi shows office debt is back for the repositioned
A Wells Fargo-backed loan on Banyan Street's Doral Center suggests lenders now finance office assets only after the capex is spent and the lease-up is proven.
- Deals
ART pays A$882.5m for half of Westfield Mt Gravatt
The deal would be Australia's largest single-asset retail trade of the year, and another sign that pension capital is concentrating in proven, high-sales centers.
- Sectors
Kinsmen files 322-home Bowery plan as development capital returns
Three mixed-income towers, including 124 affordable senior units, arrive with a lingering ground lease question still hanging over the site.
- Deals
LDR's Brisbane buy is a hold, not a trade
A$255 million for a fully leased office-retail asset, acquired through a new single-asset fund, says the buyer wants the income, not a sector trade.
- Deals
Affinius and Alliance sell 545-unit senior housing portfolio
Two stabilized Northern California communities trade days after Affinius lent $177.25 million on New York apartments, pointing to a shift from equity into debt.
- Who's investing
Beyond data centers, the AI trade is a quality bet
LaSalle's global head of research and strategy argues the AI opportunity will show up inside property sectors, along quality lines, before it appears in headline rent data.
- Sectors
Brennan hires Field to open Phoenix industrial market
The private industrial operator is staking its Phoenix push on a local senior hire with a capital markets background.
- 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
Hines pivots from buying to building as supply collapses
The $92B manager is betting a global construction freeze has created a scarcity advantage acquisitions can't match.
- Fundraising
The $1.3 trillion data center debt club
Atrium's new platform exposes the syndicates behind Coreweave, DigitalBridge and the hyperscalers, and the construction-cost squeeze that comes with them.