Aimco to sell Boston-area apartments for $740 million, exit market
Harbor Group plans upgrades at the five complexes totaling 2,719 units
Apartment Investment and Management Co. has agreed to sell five suburban multifamily properties in the greater Boston region for $740 million as the publicly traded company exits t...
FHFA clears Fannie, Freddie to double down on affordable housing
Capacity to invest in low-income tax credits rises from $2 billion to $4 billion
The Federal Housing Finance Agency is doubling the amount that Fannie Mae and Freddie Mac can invest in Low-Income Housing Tax Credit properties to $2 billion each, a move that is ...
Investment firm TPG, with $13 billion to spend, buys two New York office towers
Real estate expenditures reach $1.53 billion in second quarter
Alternative asset manager TPG, with nearly $13 billion in commercial real estate investment cash to spend, has made a major office purchase in New York.
Office lenders warm to New York; Distressed Manhattan tower turns profits; $1 billion refinancing in Boston
A weekly look at the commercial mortgage-backed securities business
This week’s column examines CMBS office lenders warming to New York, a distressed Manhattan tower that turned a profit and a $1 billion refinancing in Boston. Read the entire piece...
Blackstone-backed Northern Virginia data centers land $550 million CMBS financing
Deal highlights demand for properties designed to give tenants speed and control
A portfolio of 10 Blackstone-owned data centers in Northern Virginia has secured $550 million in commercial mortgage-backed securities financing, highlighting further significant i...
From baseball diamond to mountain peaks, Coleman Cox tackles grueling trail run
San Diego multifamily investor runs up big hills to build mental toughness
When San Diego multifamily investor Coleman Cox decided this year to embrace the Japanese concept of "misogi" — a personal challenge designed to push one's limits — he chose one o...
Income growth is outpacing property gains for office owners
US returns enter positive territory for first time in more than two years, CoStar data shows
Several major markets including Chicago, Houston and Seattle drove national office property returns into positive territory in the first half of 2025, ending more than two years of...
Elme Communities to wind down after $1.6 billion Cortland apartment sale
DC-based multifamily REIT expects to unload remaining properties over next year
Elme Communities has agreed to sell a majority of its Washington, D.C.-area multifamily portfolio for $1.6 billion and liquidate the company, citing challenges competing as a small...
Carlyle raises $9 billion for real estate fund despite challenging market
Investment firm to target residential, industrial properties while avoiding office sector
Global investment firm Carlyle Group closed its 10th U.S. real estate investment fund at $9 billion, exceeding its previous fund by $1 billion despite what executives called one of...
Merchants Capital closes $237 million bridge loan for Staten Island affordable housing
Park Hill complex is slated for rehabilitation
Merchants Capital has closed a $237 million short-term loan for the Park Hill Apartments complex in Staten Island, providing crucial financing for one of New York's largest afforda...
Franklin Street Properties weighs sale of firm as property portfolio struggles
Office REIT reviews strategic options with occupancy below 70%
Franklin Street Properties, a real estate investment trust, is reviewing all strategic options for its 4.8 million-square-foot office portfolio amid weak leasing and two-and-a-half...
Payoff missed on $1.1 billion loan; Debt downgraded on New York landmark; CMBS delinquencies stabilize
A weekly look at the commercial mortgage-backed securities business
This week’s column examines a missed payoff date for a $1.1 billion CMBS loan, debt downgraded on a New York landmark and stabilizing loan delinquencies. Read the entire piece by ...
Starwood REIT lines up major refinancing for Sun Belt multifamily portfolio
Investor lands $636 million debt deal for its biggest property type
Starwood Real Estate Income Trust has lined up a refinancing for one of its signature Sun Belt multifamily portfolios that it acquired four years ago.
O’Connor Capital gains full ownership of Ohio regional mall
Polaris Fashion Place changes hands as Washington Prime winds down business
O'Connor Capital Partners has acquired full ownership of Polaris Fashion Place, a 160-store super regional mall in Columbus, Ohio, as its former partner winds down business.
Property prices post broad second-quarter declines
US office, multifamily and retail performance trails industrial real estate
U.S. commercial real estate prices dropped across most sectors in the second quarter, though performance varied sharply by region and property type.
American Equity Partners secures $157 million Israeli bond financing
Firm is latest to tap available liquidity from country’s investors
Jersey City, New Jersey-based American Equity Partners has completed a $157 million capital raise in Israel to fund four of its U.S. properties.
EdgeCore closes $235 million data center bond deal
Company’s first revenue-backed offering is tied to Arizona expansion
EdgeCore Digital Infrastructure has completed a $235 million asset-backed bond offering to refinance construction debt and bankroll future data center development in Mesa, Arizona.
Why Blackstone sees real estate recovery picking up speed
Private equity giant attracts $7.2 billion in second-quarter new capital, $1 billion more than first quarter
Private equity giant Blackstone, the world’s largest commercial property owner, sees a real estate recovery picking up after elevated interest rates, pandemic-sparked office market...
Borrowers cash out $3.4 billion; Major New York office tenant trims space; Apartment lenders like multi-borrower deals
A weekly look at the commercial mortgage-backed securities business
This week’s column examines CMBS borrowers cashing out $3.4 billion in equity this year, a major New York office tenant trimming space and a preference for apartment deals involvin...
Peachtree launches $250 million hotel fund
Investment firm sees opportunity to acquire properties struggling to refinance
Peachtree Group has launched a $250 million special situations fund targeting mispriced hotel and commercial real estate assets caught in today's capital crunch.