Manhattan Condo Tower Lands $54M Refinancing Package
Derby Copeland Capital provided a $54M refinancing on 660 Lexington Avenue, brokered by Meridian Capital Group for borrowers Rybak Development and BK Developers.
Sam Losek
CRE News
The latest commercial real estate news and developments.
Commercial Real Estate's New Power Broker is Artificial Intelligence: How Algorithms Are Choosing Deal Makers
Investors are asking AI platforms like ChatGPT and Claude to recommend CRE brokers, forcing professionals to optimize their digital presence for algorithmic visibility.
Sam Losek
Northern California Self Storage Portfolio Trades Hands in Corning
Bancap Self Storage Group's Dean Keller brokered the sale of two Corning, CA facilities totaling 315 units and ~52,000 sq ft from a family trust to a local buyer.
Sam Losek
Joint Venture Secures $100M Capital Stack for 205-Unit Florida Senior Housing Project
BLDG Real Estate and The Fellowship Family secured $100M in financing to build Fellowship Wildlight, a 205-unit senior community in Nassau County, FL.
Sam Losek
CMBS Debt Yields Climb to 10.3% as Negative Leverage Grips Four Major Property Sectors
CRED iQ analysis of 3,700 CMBS loans finds debt yields at a 10.3% weighted average as negative leverage persists in multifamily, industrial, retail, and self-storage.
Sam Losek
Ares Management Executes $1.7B Take-Private Deal for Whitestone REIT
Ares Management will acquire Houston-based Whitestone REIT in a $1.7B all-cash deal, taking private a 56-property Sun Belt convenience retail portfolio.
Sam Losek
Major Personnel Moves Reshape Texas CRE Industry Landscape
Texas commercial real estate firms announce key executive appointments and corporate expansions that signal growing confidence in the state's business climate. The moves come as investment activity accelerates across major metropolitan markets.
Sam Losek
Global Capital Flows Cement U.S. Commercial Real Estate as Premier Safe Haven Asset
AFIRE CEO Gunnar Branson says U.S. commercial real estate remains the world's top safe-haven asset as global capital flows reshape domestic property markets.
Sam Losek
Private Equity Giants Enter $4B Conditional Negotiations to Build Data Centers on Military Installations
The U.S. Army has conditionally agreed to negotiate with Carlyle and KKR affiliate CyrusOne to build data centers at Fort Bliss and Dugway Proving Ground.
Sam Losek
Ex-REIT Executive Teams Up With Former Georgetown Student to Launch Private UPREIT Targeting Vintage Apartments
Jonathan Morris and Bobby Wilson launch Renaissance Realty Trust, a private UPREIT targeting well-leased vintage apartments in the D.C. region with plans to go public.
Sam Losek
Meta Pours $10 Billion Into West Texas AI Campus, Signaling Data Center Demand Surge
Meta raised its El Paso AI data center investment from $1.5B to $10B, targeting 1 gigawatt of capacity by 2028 — a signal of surging hyperscaler demand in secondary markets.
Sam Losek
Geopolitical Tensions and Energy Threats Cast Shadow Over Commercial Real Estate Markets
Geopolitical tensions involving the U.S., Israel, and Iran are adding fresh uncertainty to CRE markets, threatening energy costs and interest rate outlooks.
Sam Losek