Finance

Sector-by-Sector Real Estate Review

Commercial real estate investors hope for the best as downturn looms.

Singapore-based investors were highly active in U.S. commercial property markets last year, including CapitaLand, which scooped up a 3,787-unit multifamily portfolio for a total of $838 million last September. The 16 communities acquired by the real estate firm in the western U.S. include (from top): Marquessa Villas, a 336-unit community in Corona, Calif., and Stoneridge at Cornell, a 233-unit asset in Portland, Ore. Images courtesy of CapitaLand Ltd.

Foreign Investment Moves Beyond the Gateways

Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.

Institutional Insights: Return to Core Values

As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.

Landes Group Refinances 26 CVS Stores Valued at $48M

Located in 11 states across the U.S., the assets total 312,000 square feet. Chemical Bank advised the buyer and developer of single-tenant retail assets.

Dallas-Area Storage Development Receives Financing

Central Southwest Texas Development received the $6.2 million loan for the construction of a 906-unit self storage facility in Sachse, Texas.

Inland Empire MOB Lands Refi

The new mortgage pays down a previous $2.5 million CMBS loan on the 30,192-square-foot Class B property in Bermuda Dunes, Calif.

Small-Balance Loan Strategies: 6 Questions with Sabal Capital’s Pat Jackson

Sabal Capital Partners CEO Pat Jackson sheds light on new options and the latest trends in small-balance lending. Also on Jackson’s radar: How the financing category can ease the affordable housing crisis.

Louisiana Mall Secures $33M Financing

Uber Capital Group originated the 15-year loan for Namdar Realty Group. Macy’s, Dillard’s and JCPenney anchor the roughly 1.6 million-square-foot asset in Lafayette.

SunCap Trades South FL Industrial Asset

The nearly 60,000-square-foot warehouse and distribution center is fully occupied by a single, long-term tenant under a lease expiring in 2028.

CapRidge Buys Charlotte Office Property for $39M

The two buildings total more than 180,000 square feet of Class B space in the Southpark submarket. BBVA Compass Bank provided nearly $29 million in acquisition financing.