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Private Real Estate Daily

from Private Wealth Daily

The edition as it went to readers: 11 stories.

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The lead

Richman Group refinances three Florida communities with $225M

The syndicator, No. 6 on NMHC's 2026 list, says the permanent loans run 10 years on all three assets.

The Wrap

Tishman Speyer, Bouwinvest launch office fund with Chrysler Building

Neither firm disclosed a commitment or target size; the first asset arrives as JLL puts Manhattan trophy vacancy at 4.9%.

The Wrap

Blackstone opportunistic funds fall 3.2%; core-plus funds gain 1.6%

BREIT raised $1.3 billion while real estate AUM slipped to about $309 billion.

Deals

Rexford sold $1.3B of Southern California industrial

Third-quarter sale totaled 25 buildings and 5.5 million square feet; $500 million of the realignment remains.

Deals

FedEx buys leased Chatham County warehouse for $58.8M

Truist Equity Funding sold the 338,000-square-foot building at Triangle Innovation Point West; the price works out to about $174 a square foot.

Deals

Prologis and Hunt Realty team on 11.5M sf Texas build-to-suit JV

The fully entitled 780-acre campus east of Dallas can hold buildings of up to 1.9 million square feet; no tenant is named.

Real estate debt

Seniors housing securitized debt faces $2.24 billion hard maturities

More than 95% of the 156-loan cohort is agency-backed; $232.7 million carries a debt yield below 6%, Trepp reports.

Real estate debt

Northwind closes $1 billion debt fund at twice its $500 million target

Connect CRE reports the final close; Northwind says NDF III is the largest fund in its history.

Real estate debt

IPA arranges Houston construction debt for Adkisson's nine buildings

Amegy Bank funds nine buildings totaling just over 500,000 square feet in Partners' North Houston Commerce Park; loan terms weren't reported.

Sectors

Parmenter markets more than 800,000 sf Las Colinas towers

The three Mandalay Towers buildings are 82% leased and Cushman & Wakefield is advising.

Sectors

Thramann's LT350 plans data centers above parking lots

The startup plans one canopy build carrying solar, EV charging and GPU compute.

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