Real Estate archive
Every Real Estate story, newest first. 1,835 stories
15 stories
- Fundraising
Wells Fargo and J.P. Morgan Chase lead $550 million Century City CMBS refinancing
The loan is expected to close Oct. 15 and includes a $219 million distribution to ownership.
- Real estate debt
King Street Properties takes $237.7M Starwood loan for Morrisville life science campus
Connect CRE reports Novartis and Liquid Pharmaceuticals have signed leases at Pathway Triangle's 581,000-square-foot opening phase in Morrisville.
- Real estate debt
JLL arranges $463m Barings takeout for eight Thompson Thrift rentals
The floating-rate loan retires construction debt on 2,412 class A units, with six of the eight properties in Florida.
- Deals
11North Partners buys two Lahaina retail centers for $155M with PNC loan
Northmarq arranged the sale and the $96 million acquisition financing, secured through PNC Bank as a permanent, fixed-rate loan, IREI reported.
- Sectors
U.S. office posts fifth straight quarter of absorption gains, JLL says
Third-quarter net absorption of 6 million square feet brings the year-to-date total to 21 million as completions stay near a record low.
- Deals
Kennedy Wilson, Hulic, Fuyo JV acquires 312-unit San Jose apartments for $176M
The One South Market acquisition is the firm's fifth venture with Hulic and first with Fuyo General Lease (USA).
- Real estate debt
Commercial Observer: CRE refinancing pressure is an equity problem, not a debt crisis
The column says many occupied, revenue-generating assets are failing refinance tests because income has not kept pace with a higher cost of capital.
- Fundraising
LADWP pension commits $250m to three real estate funds
SWBC's second multifamily fund targets $200 million, and Belay's Form D shows $340 million sold of a $750 million offering.
- Real estate debt
JLL arranges $463M Barings bridge for Thompson Thrift rentals
Six of the eight properties are in Florida, and the proceeds retired construction loans on all eight, Connect CRE reported.
- Real estate debt
Terra refinances Bay Harbor Islands offices with $183.75 million Monroe Capital loan
The 96,000-square-foot Class A office building is more than 90% leased and was delivered over the summer, according to Connect CRE.
- Fundraising
Massachusetts proposes 104 opportunity zones, 34 fewer than first round
New federal rules cap would-be residents' household earnings at 70% of area median income, eliminate contiguous tracts and require poverty rates of at least 20%, per the Boston Business Journal.
- Sectors
JLL completes Nuveen's sale of 8270 Greensboro Drive to Onward Investors
The 10-story building is 96% leased to 13 tenants, and the sale price was not disclosed.
- Who's investing
LADWP commits $250m across Vistria, Locust Point and DRA funds
The Los Angeles pension allocated $100 million to workforce housing and $75 million each to senior housing credit and a diversified value-add fund.
- Deals
PDG agrees to sell Indonesian enterprise data centers to Sinar Mas-backed SMPlus Digital Investama
The deal covers five operating facilities across Greater Jakarta, Bandung, Surabaya and Pekanbaru; PDG keeps its 400-megawatt hyperscale campuses.
- Real estate debt
Northmarq arranges $50M refinancing for 235-unit Bloomington, Minnesota apartments
The Minneapolis debt team placed the loan with a life insurance company while the building, completed in 2024, finishes lease-up.
25 stories
- Sectors
Power tops US site-selection factors in consultants' survey as data center demand strains utilities
79% of surveyed consultants cite electric power as a top factor, ahead of labor availability and geopolitics at 50%.
- Real estate debt
RMR arranges $272.1 million loan from Morgan Stanley, BNP for Cedars-Sinai medical office buildings
The interest-only financing carries a two-year initial term with three one-year extension options and is secured by two buildings on W. Third St.
- Real estate debt
PNC Bank provides $96M fixed-rate loan for 11North Partners' $155M Lahaina retail purchase
The loan covers about 62% of the purchase price, leaving roughly $59 million in equity before closing costs.
- Fundraising
AirTrunk defers $1.5 billion Singapore REIT IPO to next year
The Blackstone- and CPPIB-owned operator had weighed lifting the offering's yield to 6% before September's rate move chilled demand, Bloomberg reported.
- Real estate debt
One Street Commercial Properties lands $37.8M loan for D.C. office-to-condo conversion
OakNorth and Hickory CRE Lending provided the financing for a 70,000-square-foot Georgetown building One Street bought for $19 million in May 2025.
- Deals
Braemar sells Four Seasons Scottsdale for $372 million to Evergreen Acquisitions
Connect CRE lists the newly created public company as buyer; Braemar's 2022 purchase price was $267.8 million.
- Real estate debt
JLL arranges refinancing for 150-key AC Hotel Vancouver Waterfront
Vesta Hospitality's three-year loan carries two one-year extension options; Connect CRE does not name the lender, amount or rate structure.
- Real estate debt
Trepp: CMBS special servicing rate rises to 11.49%, highest since February 2013
Office made up 57% of September's roughly $2.65 billion in new transfers, led by the $512.8 million One SoHo Square loan, which moved to special servicing for imminent balloon/maturity default.
- Sectors
Kinsmen and SK Development secure $203.5M for 184-unit East Village rental
The plan needs Landmarks approval and an air-rights transfer from St. Mark's Church in-the-Bowery; a fallback would drop the 37 affordable units.
- The Wrap
White House CRA rule change would exempt smaller banks from community development investment rules
The comment period is set to close Tuesday, and the National Community Reinvestment Coalition estimates $87 billion a year in community development could be at risk.
- Fundraising
BlackRock and Baillie Gifford co-lead $200M Series D for 3D-printing construction firm Icon
The Austin company says its Titan system cuts build time by six weeks and costs by 40%; proceeds will expand it in Texas, Florida and Washington, D.C., and new markets.
- Real estate debt
King Street Properties borrows $237.7M from Starwood Property Trust to refinance Morrisville life sciences campus
The loan covers phase one of Pathway Triangle, a four-building campus of nearly 582,000 square feet anchored by Novartis.
- Fundraising
LaSalle hires Brookfield real estate secondaries co-head Marcus Day to lead LaSalle Global Solutions
Day started Tuesday and formally takes over the $10 billion private indirect investment platform on Jan. 1, 2027.
- Real estate debt
Wells Fargo and J.P. Morgan Chase lead $550 million Century City office refinancing
The CMBS loan on the 940,000-square-foot Avenue of the Stars campus is expected to close Oct. 15 and includes a $219 million distribution to ownership.
- Deals
SKB and KCB Partners buy four-building Hillsboro R&D campus for $30.9M
Connect CRE reports the campus is 90% leased and sits in Hillsboro's Sunset Corridor.
- Real estate debt
IPA Capital Markets arranges $50M for 18-property industrial portfolio across Texas, Oklahoma and Georgia
The non-recourse financing was closed by Frank Montalto and Ethan Splan, per Connect CRE.
- Real estate debt
Walker & Dunlop arranges $203.5M construction financing for East Village apartments
Connect CRE reports the 184-unit project has 12,529 square feet of ground-floor retail.
- Deals
STAG Industrial buys 652,090-square-foot El Paso warehouse from BH Properties
Cushman & Wakefield represented BH Properties in the sale; the report does not disclose a price.
- Deals
High Street Residential breaks ground on 435-unit Dallas apartments
Trammell Crow's residential arm is developing with Acram Group and Parse Capital preferred equity on a former office site, Connect CRE reports.
- Sectors
Big Watt Digital and PowerHouse Data Centers win Taylor approval for up to 1GW campus
The co-development partners propose the 664-acre Taylor Technology Campus in Austin's technology corridor, according to Connect CRE.
- Deals
B. Riley Securities doubts TKO's $2B unsolicited cash bid for SVC's remaining 93 hotels
One analyst estimates severing the Sonesta agreement alone would cost $535 million.
- Real estate debt
SK Development and Kinsmen have secured $203.5m construction financing for East Village project
Walker & Dunlop arranged the floating-rate financing for a proposed 17-story building with 184 residences and 12,529 square feet of retail.
- Fundraising
SWBC Real Estate launches second multifamily fund with $200m target
The private placement vehicle follows $125 million in commitments for SWBC RE Fund, LP, according to IREI.
- Fundraising
Apogem Capital closes Real Assets Fund IV at $372m, above target
A $100 million co-investment separate account lifts the program total to $472 million.
- Sectors
Yardi Matrix moves Sun Belt rent recovery target to 2027 as metro vacancies diverge
The data firm now expects positive rent growth across every major high-supply market by year-end 2027, a year later than its earlier call, Commercial Observer reported.