Private Real Estate Daily

A Daily Network publication

The 10-year hits 5.3%, highest since 2002, and CRE lenders expect values to fall

At Bisnow's National Commercial Real Estate Finance Event, investors and lenders said deals that penciled a month ago may no longer work at today's yields.

Published Oct 1, 6:10 PM ET

J.P. Morgan closes $1.1B net lease fund as CBRE buys Tenet Equity

Northmarq's research puts second-quarter single-tenant investment sales at roughly $13.5 billion, up 19.1% year over year, with industrial taking nearly two-thirds.

Blue Owl secures close to $8bn net-lease fund as public pensions commit

The raise is the largest described in the IPE Real Assets briefing, which also has JP Morgan Asset Management above $1bn for a debut net-lease fund and three US public pension systems named as investors.

Top stories

Faris Lee arranges $38.7 million sale of Lakewood Center's Home Depot and Albertsons parcels

Deals · 3h ago

Stockbridge buys Maryland industrial asset at TA Realty's 2022 basis

Deals · 4h ago

Ken Griffin closes $1.1 billion cash purchase of Moishe Mana's Wynwood portfolio

Capital · 4h ago

JLL closes Bedminster grocery-anchored center sale to Asana Partners at undisclosed price

Deals · 4h ago

KeyBank provides $92.9M for SoLa Impact's 166-unit South LA project

RE Debt · 5h ago

Apollo lends Brookfield $130.5M for a Rialto logistics build

RE Debt · 8h ago

Latest

Cityview sells Belle on Bev into a $76 million PCCP joint venture

Deals · 8h ago

Mortgage Bankers Association: CMBS delinquency falls 42 basis points to 6.53%

RE Debt · 8h ago

L&G retirement arm funds first US ground-up housing: 201 Concord units

Deals · 8h ago

Dwight Capital closes $47 million HUD construction loan for Hunington's Katy apartments

RE Debt · 8h ago

Data

The RIA Deal Tracker →

Every verified deal, lift-out, and breakaway

Firm & Fund Lookup →

16,551 firms & people tracked

THIS WEEK207 deals announced 177 closed 349 advisor moves 120 executive changes 127 fund filings

MovesThe full wire →

Movement coverage returns with the next weekday edition.

The Wire

Mar 31Onur Erzan — AllianceBernstein L.P. → AllianceBernstein L.P.

Mar 31Onur Erzan — AllianceBernstein → AllianceBernstein

Mar 31Onur Erzan

Mar 30Seth Bernstein — AllianceBernstein L.P. → AllianceBernstein L.P.

Jan 30Jase Auby

Dec 31Martin Seay, Richard Shaw

DealsAll Deals →

Mid-America arranges Lombard sale of 68%-leased High Point Centre

The 240,345-square-foot DuPage County center carries roughly 77,000 square feet of vacancy and no disclosed price.

Icarus Investment Group pays $5.23 million for 68-unit Chicago Lawn portfolio

Three buildings across three addresses sold at $77,000 a unit, with rents, occupancy, financing and the seller undisclosed.

1788 Holdings pays $15M for 103,000-square-foot Capitol Heights industrial building

The single-tenant property is fully leased to Bay Crane Mid-Atlantic and prices at roughly $145 a square foot.

CapitalAll Capital →

CPP Investments commits $309 million for 27% of Prestige's India hotel platform

The stake in Prestige Hospitality Ventures is the Canadian pension fund's first direct investment in Indian hospitality, and most of the capital will fund a six-city development pipeline.

Savills forecasts €156 billion in European property investment through Q3 2026

Central and Eastern Europe is expected to run 34 percent ahead of last year while Western Europe falls 5 percent.

RCLCO Fund Advisors and a.s.r. form cross-border real estate investment alliance

The two firms describe coordinated coverage of North America, Europe and Asia Pacific, with no fund, commitment or fee terms named.

Data

384deals on the tracker this week — every one verified by the newsroomThe RIA Deal Tracker →

469advisor and executive moves on the wire this weekThe Moves Wire →

16,551firms, funds, and people in PWD’s coverageFirm & Fund Lookup →

Earlier coverage

Sectors

Hankook Property Management works on mixed-use plan for Lewisville's Vista mall

Deals

Mohr Capital announces sale of a 1,057,350-square-foot Indiana warehouse

Sectors

U.S. apartment rents slip 0.08% in September, ending nine-month streak of positive-to-flat increases

RE Debt

Logistics Property Co. obtains $68.3M refinancing for Mesa industrial park

Deals

CBRE arranges $53M sale of 125-unit Lacey townhome community

RE Debt

SCALE Lending provides $67.5 million construction loan for Capodagli's second Rahway phase

RE Debt

Trepp data show conduit CMBS cash-in pressure easing while leverage lags

Deals

LBX pays $54.3 million for Vintage South's two-property Nashville portfolio

Deals

Fund managed by Morgan Stanley Real Estate Investing buys Milpitas R&D building for $84.1 million

Deals

JLL arranges Lavaca Plaza sale to Riverside in downtown Austin

RE Debt

Brennan and Barings secure $150M industrial outdoor storage financing

Deals

BAM Capital enters Southeast with 334-unit North Carolina apartment buy

RE Debt

Childress Klein, Ascentris refinance Charlotte office pair with $68.3M life company loan

Deals

Primaris REIT agrees to buy Newmarket's Upper Canada Mall for $411 million

Deals

Lone Star fund buys Dutch residential portfolio for €215.5 million

Deals

Urban Partners sells 10 Finnish logistics assets to Catena for €191m

RE Debt →Deals →Capital →Sectors →The Wrap →Allocators →