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All Private Real Estate Daily reporting, newest first.

Freddie Mac forward loan anchors Battle Creek workforce housing

An $8.018 million unfunded forward locks in the takeout before construction begins at a former Kmart site.

Bascom refis 133-unit Charleston Apartments with $8.5M bank loan

A small-balance refinancing of the Charleston Apartments shows local banks still write patient checks on vintage multifamily.

Chicago big-box leasing jumps 51% on modern-vintage demand

Newest big-box buildings are clearing first in Chicago, a signal for industrial capital.

A 1031 exchange lands a fully leased Temecula box

A private Los Angeles investor pays $6.56 million for a Temecula retail asset, deferring the tax bill on a Walnut sale.

Life sciences' shrunken pipeline sets up a recovery

Rents are still falling and vacancy sits at 24.3%, but the construction pipeline at 2% of inventory is the number private capital should underwrite.

Pacifica Palms trade prices Escondido's rent-versus-own gap

A $33.6 million deal for the 1965-vintage, 189-unit property rests on one bet: that owning keeps getting further out of reach in Escondido.

Apollo writes $277 million against JIOS's infill land

The portfolio loan on 37 industrial outdoor storage sites pushes JIOS's 2026 debt past $800 million and gives lenders a benchmark for the dirt beneath the sheds.

Latter-day Saints turn $20B land bank into Sun Belt building spree

A balance-sheet developer with no LP clock is outbuilding private equity across the fastest-growing U.S. markets.

LeClaire Courts financing closes as Ogden Commons reaches full lease-up

A $127 million financial close at LeClaire Courts and a full lease-up at The Junction at OC Living give Chicago's mixed-income pipeline two proof points at once.

Google trades scattered D.C. offices for one near Union Station

The tech giant is taking a large portion of a 231,000-square-foot building a few blocks from the Capitol — the latest vote for top-tier office space while weaker buildings drift toward conversion.

Credit is back, but buyers are still catching up

JLL's July indices show lenders at a record and buyers at a one-year high, leaving the spread between them to decide the rest of the year.

Winthrop Center splits $856M across a 20-year and five-year stack

Boston tower's twin financings put $281 million in C-PACE on the condos and $575 million in securitized debt on the offices.

McKinney's $300M amphitheater nears completion without a sponsor

The 20,000-seat venue's public-private structure is fully subscribed, but its revenue side still lacks a naming-rights sponsor and an opening act.

Trumark's 195-lot Bishop Ranch deal is a townhome bet

The take-down pairs 128 townhomes with 67 single-family homes, a bet that the commute and amenity outweigh the lot.

Phoenix Trophy Office Trades for $86M, Basis Up 43%

The Transwestern/C-III joint venture's purchase of Esplanade III prices 17% vacancy and a 4.4-year lease roll into the basis — a reset for Phoenix's Camelback market.

Oregon storage portfolio trades on expansion ground

A 537,962-square-foot Secure Storage sale across six Oregon markets closed without a price, leaving two expansion sites as the real story.

LifeComps leans on income as duration shortens

The 0.98% Q2 total return came entirely from income as appreciation lagged, and five-year originations pulled duration to 3.64 years.

Queens' apartment squeeze has an expiration date

CoStar puts vacancy at 2.08% and the pipeline at a decade low, but the One LIC rezoning is already rebuilding supply.

PNC lends $50.9M for Citadel's North Miami nursing facility

The construction loan rides a 4% senior-population growth forecast and 90%-plus occupancy while the fate of half the block stays unresolved.

OZK's $165.9M Houston loan splits apartments and office

Bank OZK backs Southern Land's 2811 Kirby with a construction mortgage that pairs a 38-story apartment tower with a 10-story office block.

Nuveen pays a record $170M for final Park303 buildings

The record two-building sale caps Lincoln's sell-down of the 210-acre Glendale campus, and lands in a week when both firms were already moving.

BHI's $50M loan bets on Inland Empire master plan

A 68-acre industrial carve-out to Bridge Logistics Properties gives BHI collateral with a buyer attached, but the rest of the loan is a longer wager on the warehouse economy filling 1,200 homes and a 122-room hotel.

Data-center deals drive July CRE volume to a two-decade high

A $33.8 billion data-center month propped up an otherwise flat market — and reveals where the capital cycle is heading.

Data centers pull industrial demand into their orbit

CoStar's leasing data puts the data center supply chain at over 6% of logistics leasing within five miles, double its 2020 share.

Embrey's $38.5M Lafayette land buy bets on the vacancy gap

The San Antonio developer pays $2.1 million an acre for an entitled site in a submarket that saw no second-quarter deliveries.

Mapletree's data center sale tests the stabilized-asset bid

A 22-building, 3.1 million-square-foot offering will show whether buyers pay for stabilized data center income or still price the asset class as a construction story.

Doral retail deal prices a leased bond

A senior-living operator assumes $50 million of debt to pay just under $1,000 a foot for a freshly completed Whole Foods-anchored center.

Harrison Street signs on for interval-fund auction liquidity

A periodic auction through Nasdaq and LODAS would give advisers a second exit from semi-liquid real asset funds.

Midwood's CFO hire puts capital planning in the C-suite

Aarthi Bansidhar's arrival puts capital planning at the center of Midwood's next two projects.

Thompson Thrift bets a named 2026 fund on a 2027 Powder Springs lease-up

Construction is underway on Avira at Silver Comet Trail, a 319-unit community set for October 2027 move-ins, a two-year wager on suburban Atlanta absorption.

FRP and Woodfield break ground on $81.5M Estero mixed-use

The first phase of Coconut Road delivers 296 apartments and 30,000 square feet of retail; first homes land in 2027.

Apollo affiliate backs $74.5M Stamford office-to-condo conversion

The $74.5 million loan for The Caspian prices an obsolete office tower at a residential-completion value, a clearing trade for office.

Winthrop's $856M refinancing: two loans, two tenors

JLL's dual-track financing prices the condos as a 20-year assessment and the offices as a five-year securitized bet.

Japan Excellent's office sales put clearing prices on display

The REIT's JPY15.6 billion recycling trade moves Tokyo and Sapporo office assets to a corporate buyer and a city, with premiums to book that reset the next comp.

Student housing preleasing hits 89.1% as regional gaps widen

The national prelease number looks healthy, but the West is rolling over, and the large-bed-count schools that dominate the index carry the supply and international risk.

Kasumigaseki Capital buys Vegas hotel site in airport-convention corridor

The Tokyo-listed developer's second U.S. hotel project, set for a spring 2030 opening, tilts toward business and convention travel.

Hines maps the $1T advanced manufacturing wave to six metros

The manager's research says industrial rents will concentrate—and allocators should build accordingly.

Canada's flight to quality skips apartments for offices

CoStar's read on Canadian property makes high-end offices the defensive trade and luxury apartments the vacancy risk.

Mapletree data-center sale tests AI-era pricing

A 22-property Mapletree portfolio will test whether AI demand has made data centers trade like liquid assets.

Malls draw IKEA and Target before institutional capital circles

Second-quarter absorption turned positive and first-half volume hit $33 billion, yet tenant interest is leading the recovery.

Senior housing's real shortage is sellers

Record capital is chasing senior housing, but owners are choosing 30-year HUD loans and generational holds over the exit.

Crow Holdings backs Hanover's first SoCal industrial start

A 200,000-square-foot Simi Valley ground-up gives Hanover Company its Southern California debut, the second Crow-backed industrial start in a week.

Data center boom spills into industrial demand

CoStar's report makes supplier space the newest data point in the data-center underwrite.

St. Louis 490-unit complex trades at auction for $13.5 million

The $27,600-a-door result on Trinity Park Apartments prices in lease-up risk, and the auction format compresses the due-diligence clock.

Retail ground-up still banks when the lender knows the sponsor

A $9 million Ohio retail construction loan gets its meaning from the 18th-loan relationship behind it.

Merritt 7 sale prices office as apartment feedstock

A CBRE-brokered sale of two Norwalk office buildings to a joint venture planning 286 apartments shows a $75.5 million OZK construction loan underwriting the office's next use.

Office debt returns to Silicon Valley, C-PACE in tow

A fully leased, newly built Mountain View office refinances ahead of maturity with a $147.5 million package pairing C-PACE with senior debt. Trophy-office capital is back, and it arrives in layers.

Nuveen’s $1B C-PACE close is the bank retreat’s replacement capital

The fund’s fourth round pushes cumulative commitments past $3 billion and gives construction borrowers a new permanent layer of assessment-backed financing.

Quincy new-build draws $450,000 a unit

A fully leased 2025-vintage apartment building south of Boston gives small-balance buyers a fresh per-unit comp.

Stotan's Itasca buy shows relationships win O'Hare

The 32,937-sf infill buy in the supply-constrained O'Hare submarket was sourced through Chicago relationships — the kind of deal that never reaches a listing.

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