Kimco completes largest Jacksonville, Florida, retail acquisition in a decade
REIT pays $108 million for the Markets at Town Center
Kimco Realty has completed the largest acquisition of a retail property in Jacksonville, Florida, in the past 10 years.
Starwood Capital, Pretium Partners launch first single-family rental loan offerings of 2025
Loans of $1.17 billion are set to hit rebounding market
Starwood Capital and Pretium Partners are kicking off the new year with two single-family rental securitized loan offerings totaling a combined $1.17 billion.
Brookdale cuts debt rate by refinancing loan due in 2027
Fannie Mae provides $344 million in financing on 47 senior housing facilities
Brookdale Senior Living closed out 2024 with a financing deal that will eliminate more than $312 million of the company's 2027 debt maturities.
As wave of commercial loans comes due, concerns rise over tougher payment options
CMBS borrowers have relied on extensions, but some industry pros say that might not last
This month alone, $8.6 billion of commercial mortgage-backed security loans are scheduled to come due. That's putting pressure on the property lending system after years of lenienc...
CMBS market forecast improves; Delinquent loan trouble lingers; Hertz reports lower property values
A weekly look at the commercial mortgage-backed securities business
This week’s column examines an improving CMBS market forecast, lingering delinquent loan troubles and diminishing appraisals for several Hertz-owned office buildings. Read the enti...
Long-term industrial leases help SkyREM secure $170 million refinancing
Apollo affiliate provides loan on 10-property portfolio
SkyREM has completed a $170 million refinance of a 10-property industrial portfolio, mostly made up of older properties.
Pyramid lands loan extensions on two Northeast malls
Final payment date for $210 million in CMBS debt gets pushed back three years
Pyramid Management Group, the owner of some of the largest malls in the Northeast, started 2025 by securing loan extensions on $210 million in specially serviced loans backing two ...
AI’s emergence opens new real estate frontiers
Surging demand for data centers leads developers to seek sites and massive amounts of power
Decades after a steel factory closed its doors in western Pennsylvania, a new type of metal product has emerged on the Rust Belt site.
Norges Bank buys out CPP Investments’ interest in large US logistics portfolio
Investment manager in Norway pays $1.07 billion for stake in 14 million square feet of properties
Norges Bank Investment Management, the overseer of revenue from Norway's oil and gas resources, has bought a 45% interest in a nearly 14 million-square-foot U.S. industrial portfol...
Creative Media builds up acquisition capabilities with two property financings
New secured loan proceeds used to pay down corporate debt
Los Angeles real estate investment trust Creative Media & Community Trust completed two major California property financings in the past month as it looks to build up acquisition c...
Warehouse draws highest price for Amazon occupancy in nearly two years
Terreno Realty acquires Brooklyn, New York, property for nearly $156.3 million
Thor Equities Group has sold a warehouse in Brooklyn, New York, that it developed in 2022 and fully leased to Amazon in a nearly $156.3 million deal.
Loan on San Francisco’s two largest hotels downgraded
Ongoing citywide hotel worker strike curtailed a comeback for two Hilton hotels
A $725 million loan supporting San Francisco’s two largest hotels has been downgraded as the city’s hospitality market keeps struggling.
Issa brothers prepare large US public stock offering after UK disposals
Convenience store operator EG Group increasingly focused on growth in America
EG Group, a United Kingdom-based international operator of convenience stores and gas stations, is considering an initial public offering in the United States amid brightening pros...
HomeStreet to sell $990 million in multifamily loans to Bank of America
Deal follows termination of merger with FirstSun Capital
HomeStreet Bank agreed to sell $990 million of multifamily loans to Bank of America, just a month after the Seattle-based company failed to complete a merger that had been in the w...
Commercial property pricing begins to find its footing
Several measures of data show consecutive monthly growth, according to CoStar
U.S. commercial property prices are nearing the end of the year on a hot streak in some categories not seen since 2022.
HIG Capital enters partnership to bring lab space to Whitechapel
US firm teams up with Lateral on 40,000 square feet of incubator space
HIG Capital, a global alternative investments firm based in the US, has formed a strategic partnership with Queen Mary BioEnterprises Innovation Centre to develop incubator space a...
UnitedHealth’s office cutbacks go beyond Minnesota HQ it’s officially exiting this month
Firm’s latest downsizing comes to Ohio and Kansas
UnitedHealth Group, one of the largest healthcare firms in the world, is set to say a final goodbye on New Year’s Eve to its corporate headquarters that it has occupied for 42 year...
Citypoint £367.5 million loan hit with downgrade
Brookfield faces loan maturity in four weeks with no news of a potential sale
Commercial mortgage-backed bond ratings firms are keeping a close watch on the outcome of sales efforts and a loan maturity pending for Brookfield’s 706,000-square-foot Citypoint t...
Cannabis firm defaults on 11 leases, begins layoffs
Landlord Innovative Industrial Properties hasn’t been paid $4.2 million in December rent
Cannabis company PharmaCann has defaulted on its rent payments to landlord Innovative Industrial Properties as the legal marijuana industry struggles.
Cedar Rapids Bank sells $157 million affordable multifamily loan portfolio
Freddie Mac offers debt secured by 48 properties in 18 states
Greystone, a national commercial real estate finance company, has assisted Cedar Rapids Bank & Trust in completing a $157 million affordable multifamily loan sale.