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Goldenrod Bets $400M on Fort Worth With No Tenant Signed

A beam-raising at the Van Zandt and a planned One University put 215,000 square feet of Fort Worth office on the line without a lease.

WinCo pays $18M for a Tucson land position

The price works out to about $35.65 per square foot of land, a figure that suggests the buildings were incidental.

Shorenstein's Dallas buying streak runs on an 8% distribution yield

The manager has acquired 13 office properties totaling $2 billion since June 2024, and an 8% average distribution yield explains the fourth Dallas tower in two years.

I Squared backs Saragon data center launch with $1B

A $225 million cash purchase of ten Cogent facilities seeds a nine-market, 53-megawatt bet on densifying urban AI inference capacity.

ORIX pays $87.5 million for Buckhead apartments, 17% below 2019

The 423-unit sale is one leg of a $200 million, three-property Texas-Georgia multifamily portfolio and prices the asset below Passco's 2019 entry.

Clarion buys Stoneshield platform, tripling European AUM

The majority-stake transaction adds a European platform for living, student housing, digital infrastructure, and other supply-constrained sectors to Clarion's logistics-heavy book.

Vital fully subscribes $9.7M DST, its third since 2024

The third fully subscribed sub-$10 million healthcare DST since 2024 suggests RIAs and independent broker-dealers are a repeat source of capital.

Inland crosses $1 billion in senior living acquisitions

Two Illinois communities push the firm past the milestone, extending a trade built on scarce new supply and an aging population.

Trammell Crow and CBRE Japan deliver a 686K-SF spec park with two exits

Buford Creek Business Center arrives unleased in Buford, Georgia, marketed for sale or lease as one cross-dock and two small-bay buildings.

Azora Private sells a Coconut Grove office as 20 stories of zoning

A Coconut Grove office acquired for $47.5m sells for $62.3m less than a year later, the $14.8m spread owed to twelve added stories of residential entitlement.

Covenant bets on capital markets with new CIO

The hire puts a 30-year capital-markets career atop Covenant's investment team and points the next cycle toward financing.

Trophy tower clears maturity wall at 120 Park Avenue

A $382.4 million refinancing, 14 percent above the loan it replaces, shows the top tier can step over the wall.

Canada's retail vacancy holds at 2.5% on decade-low construction

CoStar sees Canada's 2.5 percent retail vacancy holding for another year, propped up by the weakest construction pipeline in a decade, with mall vacancy still at 8 percent.

TEP packs 98 federal leases into one $450 million stack

Centennial Bank and Eagle Point priced the portfolio as a single government-tenant credit; the question now is whether that structure travels to acquisitions.

Savills IM exits two decade-old European retail assets

A Copenhagen landmark and a Dutch former factory found buyers only after they had stopped looking like ordinary retail.

Class B demand returns, with amenities as entry fee

First-half leasing puts Manhattan B and C demand above its pre-pandemic average, but the condition is an amenity standard that makes owners underwrite like Class A landlords.

The 2021-22 bridge book drives August's CRE CLO distress spike

A nine-point jump to 28 percent was the worst one-month move of any deal type this year, and the collateral is a few floating-rate bridge and SASB loans from the peak rent-growth era.

CIM pulls PIMCO workout pro onto real estate equity desk

Adam Lerer, PIMCO Prime Real Estate's former head of special situations, will source deals across CIM's core and value-add strategies.

Lower Manhattan grew by shrinking its office stock

The Financial District removed 24 million square feet of office and added 11,000 rentals—a physical clearing trade for Midtown to study.

The power play inside industrial outdoor storage

Electrified IOS pairs infill zoning with excess power capacity, giving institutions a narrow claim on the land beneath the electrification buildout.

Cincinnati sets a record first half with gains in every sector

An all-sectors record in an interior market suggests the resolution of maturing debt is turning into trades. The next six months will determine how much it means.

Data-center land values now follow the power calendar

The energization calendar has displaced acreage and fiber as the asset buyers underwrite.

Data-center supply chain takes 10M SF in DFW

The data-center buildout is moving Dallas-Fort Worth industrial absorption, and warehouse landlords hold the second-order trade without the land or power risk.

Astra said to be lining up three London office buys

The reported pipeline moves an alternative credit manager from pricing London office risk to owning it.

Milwaukee industrial leasing runs 13% ahead of prior year

CoStar counts 8.7 million square feet of signed industrial space in the past year—tenant demand that has yet to reach rents.

Data center supply chain occupies 10M SF in Dallas-Fort Worth

Suppliers and contractors supporting data center development have taken more logistics space in Dallas-Fort Worth since 2025 than in any other major U.S. market, a sign the buildout is now moving industrial absorption.

Apartment rents stall, snapping eight-month streak

Annual gains keep firming, but a flat current month leaves per-door growth plans without a market tailwind.

Canada's defense buildup is a concentrated CRE trade

CoStar's forecast makes big-city office and industrial the first play, with retail and multifamily following only where the spending actually lands.

Life-Company Loan Anchors Small Retail Trade

Adoni's Highlands Village buy pairs a 60,614-square-foot necessity center with insurance-company financing, putting fully leased small retail back in institutional credit range.

Otay River refi carries a construction bet

The debt fund gets paid from the 30% of Phase IV still unleased.

AI lifts tech to No. 2 in NYC office leasing

AI companies drove 60% of tech's 1.1M-sf quarterly haul; the citywide squeeze is concentrated at the top.

Torrance refi is office debt's selective clearing trade

A 93 percent leased South Bay tower gets a larger loan while Los Angeles vacancy holds at 25.3 percent.

ICP buys Kalamazoo campus as industrial-conversion option

Fifty-five acres and flexible I-1 zoning put the Kalamazoo campus up for more than its corporate-office past.

Blue Owl's data center REIT is a known-book bet

A $6.5 billion seed of existing assets would turn Blue Owl's private data center book into permanent public equity, testing whether investors pay for a known portfolio rather than a blind pool.

MDH buys Laredo warehouse as border-trade bet

A fully leased DHL warehouse minutes from the World Trade Bridge pairs a 25-year tenancy with Union Pacific rail service at the chokepoint that clears more than $25 billion a month.

Timberlane's $37M buy bets on Issaquah upside

The Seattle firm's third Fund II deal pencils to roughly $406,600 a door, a price that only makes sense with future rents in mind.

MLG Capital buys 29-building Indianapolis industrial portfolio

The 94%-leased portfolio is a Midwest demand data point, even with the price kept private.

Data center capital splits: cheap shells, pricier ground

Hutto's $280 million shell, Bitdeer's $500,000-an-acre land, and GLP's RMB4 billion Foshan campus all trace value as it leaves the building for the ground.

Hutto Groundbreaking Puts $280 Million Data-Center Budget to the Test

What Colovore once priced at $500 million now breaks ground in Hutto at $280 million for nearly the same building.

Football's top 25 campuses carry $6.1B of securitized student-housing debt

Trepp finds nearly twice the debt around AP-ranked schools as around U.S. News national universities, but the per-unit gap is where the two lists really diverge.

Gaia extends Williamsburg loan again, waiting out rates

With loan-to-value below 50 percent and lenders ready, the second renewal is a decision to wait out tomorrow's rates.

Ailanthus's 400-unit Gowanus filing is an entitlement option

The developer's ground-lease structure at 424 Hoyt Street is the real bet behind 400 apartments, a school and retail.

Sam Moon ties 307 apartments to Metropark Square

The Class A Shenandoah project opens in 2027, betting its lease-up on an AMC, Dave & Buster's and Hyatt House already drawing crowds.

Data center geography points past tax incentives to power and land

An IIF analysis of where data centers actually get built puts power, land and proximity ahead of abatements in the site-selection order.

Camden pays up for a stabilized Nashville Gulch tower

At $88.6 million, the REIT gets a four-year-old, 93.7%-occupied rent roll in Nashville's Gulch.

Wood Partners bets 2028 Concord rents on Passive House

Alta Thoreau's 237 all-electric units won't open until February 2028, so Wood Partners must underwrite rent levels it cannot yet observe.

Walton Street's Harlow refi is a timed exit bridge

A 98%-leased Tampa-area apartment takes a three-year floating-rate loan that pushes Mast Capital and Rockpoint toward a sale or permanent financing.

Link Logistics buys an I-85 corridor box in Suwanee

The undisclosed-price deal pairs a last-mile operator adding scale with a fund sponsor taking liquidity on a single asset.

Sudberry lands $81.6M construction loan for Otay River Park

A five-year floating-rate facility from a debt fund shows how fully leased product is getting construction-completion money.

IMRF commits $120M across three value-add real estate funds

The largest check buys the thinnest slice—2 percent of Artemis's target—while the $35 million bets approach a tenth of theirs.

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