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Private Real Estate Daily

from Private Wealth Daily

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The lead

JLL places $49.75M Forbright Bank bridge loan on Thousand Oaks campus

Alta West Partners bought Lakeview Innovation Center at 50% leased in September 2024 and has since filled the property, according to Connect CRE.

The Wrap

EQT signs deal to buy Stockbridge manager for reported $375M

The acquisition adds $16.5 billion in fee-generating assets; Two Sigma's real estate unit pauses new investments, The Real Deal reports.

Deals

Related Ross paid $64M for North 40 office complex in Boca Raton

The 1984-vintage complex is 74 percent occupied and sits less than a mile from the 124-acre BRiC campus Related Ross bought about two months earlier.

Fundraising

High Street Residential, Barings start 501-unit Redwood City project

The two buildings, scheduled to deliver in 2029, will hold 252 units at 1555 El Camino Real and 249 at 113 Beech St.

Sectors

September multifamily starts fall 25.9% year over year; permits top starts by 154,000 annualized units

Permits ran at a 503,000 annualized rate against 349,000 in starts, a gap Leaselock economist Greg Willett links to financing costs.

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