Nuveen raises $320 million to buy grocery-anchored shopping centers
Capital to be deployed in necessity-based retail
Nuveen Real Estate, the global real estate investment manager for the Teachers Insurance & Annuity Association of America, has raised $320 million for its fund that invests in groc...
Lender backs new student housing project at University of Tampa
MF1 provides $97 million loan for Commercial Street Partners’ Apella on Newport
Commercial Street Partners, a partnership between Christa Construction and Shortino Enterprises, has secured $97.45 million in financing for a newly constructed student housing pro...
Economic slump poses risk to retail properties; New York apartment debt downgraded; Dallas office loan heads for foreclosure
A weekly look at the commercial mortgage-backed securities business
This week's column examines how an economic slowdown could raise risk for retail properties, a downgrade on rent-stabilized apartment debt in New York, and a Dallas office condomin...
Real estate fundraising boosts Brookfield Asset Management’s first-quarter results
New US$6 billion in capital sets up firm to take advantage of attractive property prices
Brookfield Asset Management, one of the world's largest real estate owners, posted its strongest quarterly results since going public more than two years ago, with a notable boost ...
WNC pulls in $347 million for its latest affordable housing funds
Capital raises have already supported more than 2,600 apartments
WNC & Associates, a major affordable housing investment firm, has closed two institutional funds utilizing low-income housing tax credits totaling $347 million in equity.
Kimberly-Clark plans $2 billion in manufacturing, distribution plant improvements
Consumer goods company to make its largest domestic investment in three decades
Name-brand diapers and tissues manufacturer Kimberly-Clark plans to invest over $2 billion over the next five years in the United States, just days after disclosing that tariffs co...
StepStone raises $3.77 billion for real estate portfolio investments
Secondary partnership arrangements gain favor during muted property sales volume
StepStone Real Estate has closed its fifth real estate secondary fund at $3.77 billion, marking one of the largest real estate secondaries raised to date.
Brookfield extends loan on largest outdoor mall; New York office debt nears default; Market sentiment drops sharply
A weekly look at the commercial mortgage-backed securities business
This week’s column examines a loan extension for the world’s largest open-air shopping center, New York office debt in special servicing over cash flow concerns, and a plunge in fi...
Blackstone Mortgage steps up lending during market volatility
First-quarter loan originations reach highest level in two years
Blackstone Mortgage Trust has ramped up its commercial property loans after seeing an influx of capital from debt repayments and new capital raising.
Broker Knakal beats Savills, Matthews rivals for top social media ranking
New York City dealmaker edges out other commercial property influencers on LinkedIn
Bob Knakal, founder and principal of BK Real Estate Advisors, was ranked the top LinkedIn influencer in commercial real estate this year as measured by Commercial Real Estate Influ...
Lender reclaims high-rent West Hollywood multifamily property for condo conversion
KKR took control of the ultra-luxury apartment complex The Harland in a deed-in-lieu of foreclosure
This story has been updated to correct the seller.
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.