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Private Real Estate Daily

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

Amazon pays $195M for five-level warehouse on Chicago's Goose Island

CoStar News calls it the Midwest's first modern-age vertical warehouse and one of Chicago's priciest single industrial trades; the report names no seller, square footage, or rent roll.

The Wrap

Insurers raise commercial real estate LTVs fastest as states cut data-center tax breaks

MSCI puts carriers at 62.7% loan-to-value in the first half of 2026, up 2.5 points but still 3.2 points below the 65.9% market average.

Sectors

Apartment owners face $757 billion of maturities as lenders favor other property types

Speakers at Bisnow's National Commercial Real Estate Finance event called multifamily distress inevitable after prices fell nearly 5% in the year through August.

Real estate debt

Byline Bank closes $20.25M term loan on Stockbridge's South Bay IOS portfolio

The two Wilmington properties are fully leased and sit less than six miles from the Ports of Los Angeles and Long Beach; the rate and term are not disclosed.

The Wrap

Griffin paid $1.1 billion for Wynwood land in a wave of pre-construction deals

Vestar wins a $3 billion Mesa approval and Massachusetts awards $330 million for unbuilt housing

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