Capital One sues S2 Capital's Everett for $11.5M guaranty
The claim against S2 Capital's Scott Everett shows how capped personal guarantees are becoming lenders' last recovery in multifamily defaults.
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Capital One sues S2 Capital's Everett over $11.5M guaranty
A capped personal guarantee is now in dispute as lenders press multifamily sponsors on defaulted Sun Belt debt.
Brookfield and CPP take LXP Industrial private for $5 billion
The two institutions buy 108 U.S. industrial properties for $5 billion, a pricing event for the sector.
Belmont apartment building trades at $359,375 a unit
The 16-unit Carlmont Hills trade gives small-balance buyers a fresh San Mateo County comp.
BGO and Seyon Buy Marlborough Industrial Portfolio
The 134,413-square-foot acquisition deepens the pair's Northeast industrial partnership.
Fresh real estate equity forms in BDT & MSD's new funds
A pair of empty BDT & MSD vehicles and three first closes show patient family-office and specialized capital getting ready to buy at reset values.
Bridge Point Tacoma 210 sells for $33.9M, a fresh industrial comp
The 205,413-square-foot sale prices a 2024 delivery at roughly $165 per square foot, a rare benchmark for new distribution space in the Pacific Northwest.
Landsec reportedly nears £500m Metrocentre deal
A reported deal at about £500 million would put fresh capital behind one of Europe's largest shopping centres and give the UK regional retail market a clearing price.
Corebridge-Armstrong retail venture opens with $36M Raleigh buy
A new retail venture with institutional backing closes its first Walmart-anchored acquisition.
PRP Real Assets hires Cherkes-Bishko to head capital formation
PRP puts fundraising, investor relations, and marketing under one executive as it widens its institutional reach across real asset strategies.
Aventon buys Wesley Chapel site for 384 apartments
The $16.25 million purchase gives the Florida developer a second site from Clearwater Bay Associates, with construction already underway.
PSERS commits $100m to EQT Exeter industrial core-plus fund
The Pennsylvania pension backs EQT Real Estate's latest closed-end industrial fund without a set fundraising target.
Tech leasing jumps as finance's share of European offices slips
Professional services remain the largest tenant group even as tech's share climbs.
Realterm and Starwood close a record $672 million IOS financing
A 78-property portfolio loan gives industrial outdoor storage its first broad debt benchmark.
CPP puts €600 million into European real estate funds
The Canadian pension's real estate sleeve sits below its 9 percent target. These European fund checks show where the next capital is likely to go.
Cliffwater taps GIC's Sam Walsh for Cascade real assets team
A former GIC Americas real estate executive with equity and credit experience joins Cliffwater's Cascade real assets team.
Urban Partners holds $230M first close for Credit II
Urban Partners' second dedicated credit fund writes senior secured whole loans in Denmark, Finland, Germany and Sweden. Its first close suggests whole-loan formation in Europe still has committed backers.
Edison Lofts sells for $131 million in West Orange
The two-building, 334-unit sale prices a favorable tax pilot and gives the market a clean comparable.
Lincoln-led venture pays $450M for National Resources' tri-state portfolio
An estate sale across three states hands Waterfall its largest real estate acquisition and gives Lincoln an IBM-era campus with room to build.
Owners stack new debt to ride out the maturity wall
A record C-PACE loan in Boston anchors a wave of layered refinancing that keeps assets in place.
REIT earnings are solid, but rate worries are holding prices down
Most listed REITs raised full-year FFO guidance, and office leasing is picking up. But the equity index's summer slide shows rate worries still outweigh solid fundamentals.
Alpaca Real Estate's first fund closes with $223M
The final close gives the data-first sponsor a base to prove its AI-driven underwriting model in front of allocators.
Terreno pays $939/sf for a Red Hook waterfront warehouse
A fully leased Red Hook industrial building sells for $26.3M, or $939/sf, at a 5.2% stabilized cap rate — a rare public comp for waterfront infill.
JLL arranges $66.9 million take-out for Kansas active adult community
The five-year loan on The Fieldston replaces construction debt and bets on the 55-plus renter pool.
Hickory Oaks trades at $91,000 per unit in $12.55M deal
The Southland apartment sale gives buyers a public per-unit benchmark as Greenstone brokered both sides.
Greystone refinances Rhode Island skilled nursing with $30M HUD-insured debt
The $30.26 million FHA/HUD refinancing replaces interim bridge debt on four Rhode Island skilled nursing facilities.
UK's first RIF goes live with £118m and a £700m target
A seven-year campaign produced an onshore fund wrapper built to win on costs. The next £582m will prove its case.
First UK Reserved Investor Fund opens with housing as its test
The vehicle launched in late July with £118m of local authority and institutional capital. The target is £700m by 2030.
Brookfield recapitalizes Varia's $694 million multifamily portfolio
The portfolio is split into two joint ventures, letting Brookfield put equity to work without forcing a sale.
Nomura backs Starwood’s $482.5M CMBS refi of scattered rental homes
The loan refinances 1,749 scattered single-family rentals and gives Nomura a real test of its CMBS comeback.
Nuveen closes $281M C-PACE loan, a New England record, on Boston condos
A New England record C-PACE loan anchors an $856 million refinancing of Boston's Winthrop Center.
NYC faces a new multifamily shortage: buildings to buy
Large-building sales take a bigger share of New York City multifamily volume as quality inventory thins.
Regional bank backs $19.9M Scottsdale medical office buy
Medical office acquisitions can still attract balance-sheet debt; the latest example closed at 91% occupancy.
Irvine's Chicago offices 87% leased on premium-space demand
The landlord's fiscal-year leasing numbers show an office recovery that is real but narrow.
Vantage lands Nebius as first South Wales AI Growth Zone tenant
The first capacity lease in the UK's South Wales AI Growth Zone pairs a major campus with a neocloud tenant and tests whether the designation converts into data-center revenue.
Northmarq places $50.75 million refi on Potomac grocery center
Nationwide's seven-year loan on a 1967 Potomac center is a patient bet on grocery-anchored retail.
Aviva completes Mayfair office rehab with Sona pre-let
The Mayfair scheme is complete and more than half pre-leased, setting a reference point for redeveloped heritage offices.
European AI data center signings quadruple to record 420 megawatts
Neoclouds drove a record first half for European AI data center signings, and the Nordics took two-thirds of the volume.
S3 Capital writes $35M construction loan to finish Casa Princeton
The final phase is financed on the strength of the community's own lease-up record.
Australia takes 61% of Asia-Pacific student housing volume
Cross-border capital has tripled the region's market and pushed Australia's lead into secondary hubs, JLL data show.
Corebridge and Armstrong Capital launch retail venture with Raleigh buy
A programmatic joint venture brings Corebridge back to retail real estate, starting with a 273,105-square-foot center in Raleigh.
Data centers enter CMBS as multifamily's cushion thins
Private-label issuance reached $76.2 billion through July; SASB carries data centers while conduit multifamily underwrites to the thinnest debt yield.
Rexford sells $1.2B non-core portfolio to EQT
The sale covers 60% of Rexford's $2 billion realignment, handing EQT a portfolio of above-market rents and renewal risk.
Blaze Capital sells Charlotte build-to-rent community at its 2022 basis
A Pineville build-to-rent community traded for $32 million, matching its 2022 purchase price. The 98%-occupied property offers a rare flat comparison for single-family rental portfolio pricing.
Portman closes construction financing for Gateway 1960
Portman closed on land and construction financing for Gateway 1960, a 714,233-square-foot Houston industrial park, clearing the way for construction to start this month.
Arrow hires lender-side veteran to build multifamily debt desk
Ari Mandelbaum joins the two-year-old advisory firm as a director, part of a push into full-service debt placement as multifamily borrowers face a tougher refinancing market.
Blackstone-led consortium takes H&R REIT private for C$6.7 billion
GO REIT, Crestpoint and PSP Investments join Blackstone in taking the Toronto-listed trust private.
Florida Tech's $96M student housing uses P3 and municipal bonds
A 556-bed dorm on the Melbourne campus shows how universities can pair private development with municipal bonds.
Pivot turns Nashville office tower into Hilton hotel, timeshare
Pivot paid $55.25 million for the Fifth Third Center and will split the tower between an LXR hotel and Hilton Grand Vacations timeshares.
Lone Star PACE closes $64.8M on six Texas projects
Six Texas projects, from a data center to a hotel, drew $64.8 million in C-PACE financing backing $279 million in investment.