Sectors

EQT Exeter taps New York Life, State Farm to finance core industrial play

The insurers financed two warehouse buys by the manager’s non-traded REIT.

Värde funds $185m refinance for 20-asset self-storage portfolio

The Minneapolis-based manager originated the funding for a joint venture between Metro Storage and Fremont Realty Capital.

Invesco’s Rose looks to scale debt platform amid bank pullback

Closings are ticking up as borrowers re-enter the market, but wider activity is still tempered.

Blackstone lines up $400m from Sumitomo Mitsui for industrial refinancing 

The Tokyo-based multinational bank provided the loan for a 25-asset industrial portfolio.

Speedway Commerce Center races toward development

CBRE Investment Management and Hillwood Partners plan to redevelop a land parcel adjacent to the Auto Club Speedway in California’s Inland Empire into an industrial mega-development.

LaSalle sees a new core emerging for commercial real estate lending, investing

Co-CIO Rich Kleinman says more niche categories are entering the mainstream with prior portfolio staples such as office investments in value limbo.

Bank OZK, BDT and MSD fund $756m financing for Inland Empire mega-project

CBRE IM and Hillwood will use the funding for Phase 1 of speedway conversion into a 6.6 million-square-foot industrial complex.

CBRE IM identifies financing gap for modern logistics space 

Approximately 83% of logistics properties were constructed prior to 2000, the firm found.

Invesco seeks to spur growth via targeted acquisitions

The real estate manager took a minority stake in New Jersey-based infill industrial investment manager Faropoint at the end of 2023.

3650 REIT gets out of the gate with $145m of California construction loans

The financings come at a time when few lenders have been funding construction loans.