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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.
The fund’s fourth round pushes cumulative commitments past $3 billion and gives construction borrowers a new permanent layer of assessment-backed financing.
A fully leased 2025-vintage apartment building south of Boston gives small-balance buyers a fresh per-unit comp.
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.
Massachusetts biopharma employment declined in 2025 for the first time in two decades, but the state's VC, IPO, and M&A numbers all ran ahead in the first half of 2026 — a gap that sets up a life-science leasing recovery.
The 16-building slice joins a 53-property portfolio that is the largest deal yet for each of the three regional operators.
The Nvidia-backed neocloud's $5.75 billion offering funds construction and GPUs, lifts total convertible debt to $12 billion against $529.8 million of revenue, and asks bondholders to take construction risk.
The New School's sale of a 268-bed dormitory gives private capital a new comp for a niche that barely trades.
The proposed merger creates a £700M global hybrid from a £522M UK retail fund and a £229M global portfolio, with a listed-share sleeve to absorb redemptions before direct property has to be sold.
The first-half transaction spike is less a revival in travel demand than a handoff of assets from owners who cannot fund renovations to buyers who can.
Expense growth cooled in Trepp's 2025 medians; revenue slowed by the same amount, so NOI growth weakened and the cost-revenue gap persisted.
A 53,000-square-foot relocation gives Vornado another trophy trade in a Midtown market split between renovated towers and the rest.
SummerHill's $123.5 million San Carlos project pairs senior banks with TruAmerica's first preferred equity deal, a structure that may define coastal apartment construction lending.
A Dallas senior-living operator assumes the $50 million mortgage, now at Bank of Texas.
The point of the Briscoe County purchase is control of the power supply.
The 15-year lease adds 15,292 square feet and turns an existing Plaza District presence into a true New York headquarters.
The 290,000-square-foot Lilac Field project starts on spec, betting League City's absorption catches up before the first buildings deliver in early 2027.
The receiver-run sale of Workspace's $1.23 billion CMBS portfolio will give lenders the comp that three years of appraisals have not produced.
IRR's 2026 mid-year report finds more than 90% of retail markets in recovery or expansion while office stays evenly split, rewarding block-level underwriting over sector labels.
Bella Prosper wraps a manmade lake, a 139-key hotel, offices, and retail around a bet on business travel in a Texas suburb.
Maricopa County's 20-year lease gives CivicGroup and Sunflower Development the tenure to underwrite a hotel, not an office.
The closed credit for Empyrion Digital's TW1 suggests regional lenders are underwriting the building itself as well as hyperscale corporate credits.
Two full-floor commitments at 1251 Avenue of the Americas show credit tenants still paying trophy pricing while the broader market works through vacancy.
A 145,000-square-foot build-to-suit for Sprouts shows which office product is actually trading.
The fire-damaged Liberty Row rebuild traded as a core asset, and Southeast multifamily pricing has reached replacement cost.
Cross Ocean and Fuller's Eldridge Place buy is another sign that office clearing prices are set by occupancy and anchor leases, not replacement cost.
The 400,000-square-foot package prices at $92 a foot, a conventional trade from a buyer that can afford to wait.
The Jacksonville system's purchase of the 493,000-square-foot Southbank Medical Pavilion values control of the space next door more than the rent roll.
The capital markets appointment suggests hospitality owners are preparing for a wave of maturities by staffing up on the debt side, not the deal side.
The 2027 riverfront project tests whether a mid-sized city can support the experiential retail model Chattanooga has never had.
A proposed three-fund combination would mix direct property and listed REITs in a single vehicle—a structure that could become a template.
Truist's $277 million construction loan for Urby and Rockpoint's 748-unit waterfront tower returns construction debt to Jersey City at a price that assumes the recovery is already here.
The 32-acre buy brings its portfolio to 28 properties, but the real trade is scarce industrial ground, not rent growth.
A 142-bed new-build changes hands in a rotation that suggests student housing has become a priced, cross-border institutional market.
The largest pure-play office sale in Boston in five years resets the benchmark for fully leased towers and leaves the commodity market's clearing price unresolved.
Wells Fargo's Workspace foreclosure and Doral refinance show lenders are writing office loans behind equity events, not recovery bets.
Across office credit, housing debt, and opportunistic metro debt, the pension's latest commitments extend the pattern of plans underwriting the repricing through yield.
The pension's check is a measured bet that office credit clears first at the trophy end of the market.
The 50% Canadian duties on cement, plywood, and machinery will hit build-to-rent pro formas as contingency while data-center sponsors pass the cost through; lenders will price the gap.
The Los Angeles firm's third Greater Washington office buy runs roughly 35% below the seller's 2016 price.
The private developer’s second Los Angeles ground-up opening leaves it holding three student properties around one campus — a bet on owning a USC sub-market rather than spreading across the city.
Record Pentagon contracts and defense-tech tenants are turning South Bay warehouses into military infrastructure, and the region's industrial market is starting to underwrite accordingly.
A Glanbia hub since 2001, the 104,298-square-foot building sold at roughly $255 a foot.
The Truist-backed financing prices waterfront multifamily at $370,000 a unit, a comp that will shape the next Jersey City underwriting.
The former Jamison CEO will raise capital for a $37 billion platform built on the bet that Los Angeles housing lessons travel.
A $72.6 million Barings loan on a Needham office campus shows how lenders are re-entering office behind equity, after the trade has priced.
The project uses 4% low-income housing tax credits and private activity bonds, with Pacific Housing Inc. providing on-site services.
A 57-unit building of 297-square-foot efficiencies near Amazon and Google sold for roughly $316,000 a unit, a cash-flow wager on small units in a supply-constrained submarket.
The non-traded REIT takes asset management at the 111-unit Crescent while the original developer keeps an ownership stake.
A pre-launch drug bet would more than double the biotech's Redwood City footprint and reset the comp for vacant Peninsula tech campuses.
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