Real Estate archive
Every Real Estate story, newest first. 1,836 stories
18 stories
- Deals
Interstate Equities pays $83.5M for Hercules apartments with $54.275M Freddie Mac loan
JLL arranged the sale and a five-year acquisition loan through Freddie Mac for the 232-unit community, Connect CRE reported.
- Sectors
Lincoln Property expects Uptown office tower over 500,000 square feet
Connect CRE reports the tower would anchor a 1.4 million-square-foot district on a 4-acre Cedar Springs site.
- Fundraising
Sycamore-led team closes financing for $33M Dallas nursing home conversion
Connect CRE reports the project at 8130 Meadow Road will turn a nursing home built in 2016 into 75 homes, with Sycamore leading and ASD co-developing.
- Deals
Nuveen Real Estate buys Aurora retail center for $36.3M
Gerrity Group sold the Safeway-anchored Highpoint Marketplace, which it bought in 2018 for $24 million, Connect CRE reported.
- Deals
ORIX Corp. USA buys 322-unit Austin apartment property Strata from Maverick Development
Franklin BSP Realty Trust issued a $42 million acquisition loan scheduled to mature in 2031, per Multi-Housing News.
- The Wrap
VIRTUS secures £2.45bn from 13 banks for UK and European data-centre build
The package includes a £1.2bn green capex facility available through term and revolving tranches.
- Sectors
Manhattan office vacancy falls to 12.6 percent as leasing rises 2.3 percent
Direct asking rent reached $84.56 per square foot, and the 7.9 million square feet under construction is largely pre-leased for delivery from 2028 to 2032.
- Real estate debt
VIRTUS secures £2.45bn bank package for UK and Europe data-center build
Thirteen banks provided the financing, including a £1.2 billion green capex facility available through term and revolving tranches.
- Fundraising
CREDA's H1 2026 report cites stronger activity and mixed signals
Transaction volume, pricing and REIT purchasing activity were cited as confidence indicators, Connect CRE reported.
- Deals
Real Capital Solutions and Dunton acquire Denver Tech Center's Terrace Tower
The 12-story, 243,464-square-foot Class A office building traded for an undisclosed price; RCS says its acquisition basis is substantially below estimated cost, per Connect CRE.
- Real estate debt
Berkadia arranged $36.7 million for three Florida multifamily communities
Connect CRE reports the financing went to Rental Asset Management of Lauderdale, Florida, with two of the three communities in Miami-Dade County.
- Real estate debt
Terra partnership secures $507M TYKO loan for Miami Beach condo tower
Connect CRE reports the 28-story Biscayne Bay project will be built with RG Development Group, GV Development and LORE Development.
- Real estate debt
Hayfin’s Carlos Colomer sees Europe refinancing gap as credit opening
Colomer says fund-lifecycle pressure is pushing managers toward disposals and recapitalisations at rebased valuations rather than distressed sales.
- Fundraising
FCA proposes 90-day redemption notice for funds holding illiquid assets
The consultation covers 17 funds with about £7.22 billion in combined net asset value and closes Dec. 11.
- Deals
KBS announces sale of San Jose's Almaden office campus to SFF Realty Partners
The three-building Almaden campus received more than $49 million in capital improvements during KBS's ownership, the seller says.
- Deals
Interstate Equities buys Hercules, Calif. apartments for $83.5M
JLL represented seller Hercules Development Partners and arranged a $54.275 million five-year Freddie Mac acquisition loan.
- Sectors
U.S. industrial absorption hits 76.6M square feet in third quarter
Cushman & Wakefield research says demand outpaced new supply for a second straight quarter, with inland markets taking about 80 percent of year-to-date absorption.
- The Wrap
Nuveen secures A$1 billion first close for Australian real estate debt; CPP Investments commits A$300 million
Temasek returned after backing the prior A$650 million vintage; Tishman Speyer bought a 466-room Vienna student housing block.
22 stories
- Sectors
Green Street index: European property prices fall 1% as bid yields widen
Industrial and residential led declines among four sectors Green Street quantified, while data centres, retail and hotel held up on net operating income growth.
- Deals
Assembly Real Estate and FitzWalter Capital buy $140M D.C. office loan for $79.5M
The buyers took 700 Sixth Street NW through a deed in lieu of foreclosure, paying about 51% of the building's most recent assessed value.
- Deals
Blackstone sells Peninsula Marketplace in Huntington Beach to Westwood for about $56.2 million
The price equals about $589 per square foot for the 98.8%-occupied center.
- Fundraising
Heitman and Andover seed self-storage JV with 106 properties
The venture spans 16 states and launches as Yardi Matrix reports new self-storage supply down nearly 19% year over year.
- Real estate debt
Freddie Mac multifamily delinquency hits a 20-year high of 0.64%
Fannie Mae's rate fell to 0.57% from 0.68% over the same 12 months, and bank-held apartment delinquencies eased to 1.41% in the second quarter.
- Sectors
Ocean One construction starts among five apartment groundbreakings
Madison Realty Capital supplied construction financing for the 371-unit Boynton Beach project, one of five groundbreakings Multifamily Dive listed on Oct. 8.
- Deals
KBS closes sale of Zoom's San Jose HQ campus to SFF Realty Partners
Connect CRE calls the 416,126-square-foot Almaden campus the largest multi-tenant San Jose office sale since the pandemic.
- Sectors
Data center power draw climbs from 40 megawatts to gigawatts, forum panelists say
Sam Stockdale of Link Logistics and Jeffrey Moerdler of Haynes Boone discussed scaling power needs and neocloud credit risk at the Oct. 6 forum.
- Deals
Jemal Real Estate, DivcoWest and JLS form DC office-to-apartment conversion venture
The venture plans 323 apartments at 1255 23rd Street NW, with Madison Realty Capital providing a $40 million loan for acquisition and predevelopment.
- Sectors
U.S. apartment rents rise 0.3% in Q3 as annual completions fall 46% from peak
Yardi Matrix says fundamentals may be stabilizing, though it flags rising refinancing costs and slower transactions after the 10-year Treasury passed 5%.
- Fundraising
Clarion hires Magesh Srinivasan as senior vice president for power and energy strategy
He will work from Dallas across Clarion's leasing, development and investment teams to develop a portfolio-wide view of power availability and infrastructure constraints.
- Real estate debt
Terra-led partnership secures $507M Tyko construction loan for South Beach condo tower
Pre-sales at 1250 West Avenue won't begin until next year, an unusual sequence for a South Florida luxury condo, Commercial Observer reports.
- Real estate debt
Citi analysts flag Bank OZK's six-week extension on $915M IQHQ loan
The San Diego life-science project's construction debt now matures Oct. 9; Bank OZK says short extensions are routine while longer-term documentation is finalized.
- Real estate debt
Trepp says Q2 income-producing CRE debt totaled $5.12 trillion, led by banks and GSEs
Stated 2026 maturities total $239.7 billion at banks and $113.1 billion at securitized lenders; Trepp says those figures likely overstate the real refinancing task.
- Sectors
Jemal and DivcoWest to convert DC West End office into 323 apartments
Madison Realty Capital provided a $40 million loan for the 342,000-square-foot building's acquisition and predevelopment.
- Deals
Waterton acquires 453-unit City Walk at Woodbury, plans value-add
Connect CRE reports two four-story buildings, a clubhouse and 24,000 square feet of retail.
- Real estate debt
Trepp: national multifamily portfolio and Honolulu resort lead October CMBS refinancing risk
Connect CRE reports the two single-asset loans carry debt yields below 6.0% and together account for 66.79% of severely impaired loans.
- Who's investing
IFM survey: 67% of North American respondents prefer domestic private markets
Sixty-three percent of North American respondents cite inflation as a top portfolio risk, compared with 55 percent globally.
- Deals
FPA Multifamily buys Kent, Wash., apartments for $72M, $196,721 a unit
Institutional Property Advisors represented seller RISE Properties and procured the buyer for the 366-unit, 1980-vintage Groves Apartments.
- Deals
Andover and Heitman form self-storage JVs with more than 106 properties
The firms say the ventures span value-add and core-plus strategies and that they expect the portfolio to expand across US markets.
- Deals
DivcoWest, Jemal plan DC office-to-apartment conversion with $40m loan
Madison Realty Capital's loan covers acquisition and predevelopment on a 342,000-square-foot West End building slated for about 323 units.
- Deals
San Manuel pays $241.4 million for Fairmont Scottsdale Princess hotel portion
Records put the hotel portion at $322,000 per key; the resort-wide price was not disclosed.