Lender reclaims high-rent West Hollywood multifamily property for condo conversion
KKR took control of the ultra-luxury apartment complex The Harland from Faring in a deed-in-lieu of foreclosure
A luxury apartment property in one of Los Angeles’ priciest neighborhoods is changing hands — and changing course.
Small US markets lead property price growth
Big-city office prices extend declines in first few months of 2025, according to CoStar data
Commercial property price changes in the first quarter showed a U.S. market split between low- and high-priced deals, with the least expensive sales faring better.
Singapore REIT set to sell Atlanta data center
Mapletree to dispose of one of its smallest, older properties
Singapore-based real estate investment trust Mapletree Industrial Trust has contracted to sell one of its U.S. data centers at a hefty premium to its appraised value.
Catalyst raises $140 million for workforce housing investments
Major financial, healthcare partners provide capital
Catalyst Opportunity Funds, a Salt Lake City-based investment firm, has completed fundraising for its Catalyst Opportunity Fund II, pulling in $140 million.
Office loan delinquencies hit new high; San Francisco hotel deal downgraded; Shopping centers find buyers
A weekly look at the commercial mortgage-backed securities business
This week’s column examines the state of office loan delinquencies, a downgrade for deal backed by San Francisco hotels and buyers found for two shopping centers. Read the entire p...
CalSTRS commits $150 million to Nuveen’s self-storage strategy
MyPlace to serve as operating partner
Nuveen, the investment manager of TIAA, has lined up new capital to build a portfolio of self-storage properties across the United States.
Sizing up the tariff talk and what it might mean for real estate
Chad Littell, CoStar’s national director of US capital markets analytics, addresses investor uncertainty
The Trump administration tariffs announced this month came in higher than expected and introduced new uncertainty for a commercial real estate market just beginning to recover from...
Tokyu Land joins with Kennedy Wilson to expand in US
Joint venture targets investments in apartments, logistics properties
Global real estate investors Tokyu Land Corp. and Kennedy Wilson have teamed up to launch a new preferred equity and mezzanine real estate investment business.
Bain Capital acquires its second boat storage marina
Joint venture with BlueWater scoops up property in greater Fort Lauderdale, Florida
Private investor Bain Capital has embarked further on a strategy to build a portfolio of boat marinas.
Pretium Partners said likely to pull $778.5 million bond deal from market
Goldman Sachs-led refinancing of single-family rental portfolio was set to close next week
Private equity firm Pretium Partners, one of the most active issuers of mortgage-backed securities in the country, may be backing off its latest mortgage-backed bond offering.
Banks take a variety of best guesses when it comes to fallout from tariffs
Businesses pause borrowing as they wait for clarity on trade policy fallout, executives say
Bankers, trying to figure out how tariffs will affect the economy and their financial positions, are taking their best guesses on how they could be hit by any fallout.
LV Collective refinances construction loan for new student housing project at the University of Georgia
Mesa West provides $134 million loan
The development firm LV Collective has completed a nearly $134 million refinance of its recently constructed student housing project at the University of Georgia.
Tariffs shake up securities market; Macerich loses control of hometown mall; Loan backing distinctive office campus gets downgrade
A weekly look at the commercial mortgage-backed securities business
This week's column looks at the effect tariffs are having on the securities market, how one real estate investment trust lost control of a California mall and why the loan on a dis...
Opportunity Zones 2.0 urged as tax program boosts multifamily investing
Apartments in designated low-income areas get built at more than twice the national rate
The expiration date is nearing on a tax benefit launched in President Donald Trump’s first term that helped spur the completion of new multifamily units in low-income areas at more...
Landlord WPG to sell rest of its malls, shopping centers across the country
Company says it will cut more than 130 workers at its Ohio headquarters
Retail landlord WPG, the owner of malls and shopping centers around the country, said it's selling its remaining properties and laying off 139 employees at its headquarters, windin...
Peakline seeks to raise capital for its entry into build-to-rent sector
New fund expands firm's investments beyond apartments, industrial properties
Peakline Real Estate Funds has launched Peakline Real Estate BTR Fund I, the firm’s foray into build-to-rent, single-family developments.
New York Life provides $170 million refinancing for luxury multifamily portfolio in Silicon Valley
Stockbridge Capital, Wilson Meany secure five-year, fixed-rate loan
Stockbridge Capital and Wilson Meany secured a $170 million first mortgage for their Apartment Collection at Bay Meadows, a portfolio of four luxury multifamily properties totaling...
US banks prepare for unpaid loans, other financial fallout from economic turmoil
Major property lenders boost reserves, point to higher risks of recession and inflation in coming months
The head of the nation's largest bank and biggest commercial property lender summed up the current U.S. financial situation this way: “We're not in Kansas anymore: economy, inflati...
Bond offering backs Starwood’s Texas master-planned housing purchase
Third Coast Bank, EJF Capital finance $800 million deal
Houston-based Third Coast Bank has completed its first commercial mortgage-backed securitization, a $200 million loan it originated for Starwood Capital Group's acquisition of 11 m...
TierPoint raises $500 million for data center growth
New bond offering is supported by revenue from 33 properties
TierPoint, a national data center company, has completed a $500 million revenue-backed securities issuance to support the company’s growth and development.