News/Events
Fortress Investment’s Eli Edwards and David Hammerman Don’t Balk at Small Deals
The key to successful investing is often the ability to differentiate between commonly regarded wisdom and reality. Eli Edwards, head of U.S. real estate equity for Fortress Investment Group, recalled just such a personal dissonance guiding him around three years ago regarding the much-discussed collapse of San Francisco’s reputation as a safe place to park investment dollars.…
Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP
Brookfield buys minority stake in AREP, boosting data center development.
Northern Virginia Office Tower Sells For Double Its 2024 Price
Piedmont Realty Trust purchased the 189K SF office building at 4075 Wilson Blvd. for $52.7M.
Airbnb Launches $250M Fund To Invest In Affordable Housing
Airbnb made a new commitment to provide bridge financing for affordable housing projects nationwide and to push for housing policy reforms.
Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength
The proposed class-action suit alleged that Alexandria misled investors about the strength of its portfolio.
Bally’s Lands $560M Loan From WhiteHawk for Bronx Casino Development
Gambling and entertainment giant Bally’s has landed a $560 million debt package from WhiteHawk Capital Partners to fund its casino development in the Bronx, the company announced Monday. The financing from WhiteHawk, a private credit investment manager, will be broken up into a $400 million frontloaded loan and $160 million from delayed-draw term debt with…
Stockdale Leads $157M Shopping Center Acquisition in Southern California
As more capital returns to brick-and-mortar retail, a Los Angeles-based investment firm has gone east to acquire a shopping center in the Inland Empire. Stockdale Capital Partners and funds managed by Conshohocken, Pa.-based Hamilton Lane put down $157 million for a 378,140-square-foot lifestyle center at 13920 City Center Drive in Chino Hills, Calif., called the…
Hines and Rialto Credit Partners’ Debt Fund Closes at $1.1B
Real estate asset managers Hines and Rialto Capital announced Monday the final close of its office-focused credit fund Hines Rialto Credit Partners, which reached $1.1 billion in investor commitments. The co-general partnership between Hines and Rialto launched in 2024 and secured $700 million in its first close. The partners’ Monday announcement called the $1.1 billion…
Dwight Investment Group Supplies $130M Refi for Phoenix Apartment Tower
A joint venture between Bridge Investment Group and Hatteras Sky has sealed $130 million of bridge debt to refinance a newly built mixed-use multifamily tower in Downtown Phoenix, Commercial Observer has learned. Dwight Investment Management provided the loan for the sponsorship’s 23-story Saiya development, completed in 2025, in a deal originated by Brandon Baksh, Tommy…
