Newsline

Public Storage will acquire National Storage Affiliates in an all-stock transaction valued at an enterprise value of approximately $10.5 billion.

The oldest Americans held 26 percent of America’s $48 trillion in real estate wealth as of third quarter 2025, the most recent period for which data is available, according to Redfin.

Redwood West and Panattoni, in partnership with Prime Finance and Prism Places, have acquired Victoria Gardens, a 1.2 million-square-foot lifestyle retail center in Rancho Cucamonga, Calif., according to media outlets.

CBRE has appointed Nikhil Shah as senior executive director, hotels and hospitality, capital markets, India.

M&G Real Estate has entered into Australia’s senior living sector through a partnership with Stockland.

Artificial intelligence (AI)-driven data center investment is scaling rapidly, but how that growth translates into durable revenue remains uncertain. Dan Dreher, solutions strategist at L&G – Asset Management, America, in an interview with IREI, examines how demand, capital and risk may evolve as the sector moves through a full cycle. He also outlines where pressures could emerge across financing structures and what will ultimately determine whether today’s expansion proves sustainable.

Treasurer Erick Russell of the Connecticut Retirement Plans and Trust Funds (CRPTF) has announced a 14 percent return for calendar year 2025, continuing a period of strong investment performance for the state’s pension system.

U.S. sale leaseback transaction activity rebounded in 2025, driven by improving M&A markets and renewed corporate demand for alternative sources of capital, according to SLB Capital Advisors.

Alexander & Baldwin has announced that a joint venture formed by an affiliate of MW Group and funds affiliated with Blackstone Real Estate and DivcoWest has completed its previously announced acquisition of all outstanding A&B common shares in an all-cash transaction with an enterprise value of approximately $2.3 billion.

Comstock Holding Cos. has launched its data center platform (DCP) through its entry into two separate arrangements.

Slate Property Group in partnership with Avenue Realty Capital (ARC) has acquired 45 White St., a seven-story multifamily rental building in the heart of Manhattan’s prized Tribeca neighborhood. 

The Asia Pacific Loan Market Association (APLMA) has released a whitepaper titled Network effects: How data centre financing is reshaping loan markets in Asia Pacific, sponsored by Fitch Ratings and Latham & Watkins LLP. The paper is the first thematic whitepaper produced by the APLMA, examining the current state of the data centre financing market, unique challenges and features of the financing market in Asia Pacific (APAC), along with the key trends and opportunities for loan market participants.

In the latest edition of The Chief Economist, Ryan Severino, chief economist at BGO, describes the current U.S. economy as an “almost” economy — one that appears healthy on the surface but behaves differently from past cycles.

Ram Realty Advisors has acquired Beacon 430, a 327-unit apartment community located in downtown St. Petersburg, Fla. (Tampa Metropolitan Statistical Area).  The property was acquired by an affiliate of Ram Realty Partners VII.

Affinius Capital’s 2026 North American House View, From Static to Signal: The Path to Lift-Off, suggests the commercial real estate market is beginning to transition out of the prolonged period of capital markets gridlock as pricing adjustments largely work their way through the system.

Rolling four-quarter transaction reached more than $24 billion by year-end 2025 – the highest level since second quarter 2015, which reached $26 billion, according to JLL.

The global hotel market is entering a period of performance divergence across assets, markets and operators, introducing new investment opportunities as capital markets improve. That divergence is becoming more pronounced in 2026, driven by factors including post-pandemic recovery patterns, the return of business travel and a slowdown in international travel.

Data centers have become one of the most capital-intensive areas of real estate, attracting significant institutional investment. But not all investors are approaching the sector in the same way. Josh Pristaw, president and managing director at Clarion Partners, outlines why the firm remains focused on other sectors with durable, long-term cash flow characteristics and how that shapes its view on data centers. He also discusses where capital is flowing, how returns may evolve as new supply comes online and why the sector presents challenges for core, open-end strategies.

Jennifer Halvas, managing director of investor relations at Cityview, recently participated in a special feature highlighting accomplished women in the real estate sector for Institutional Real Estate Americas. She shared her perspectives on leadership, investing and career evolution. While an excerpt of that interview appeared in the print magazine, the entire conversation, lightly edited, appears below.

Federated Hermes has released a report by Vincent Nobel, head of asset-based lending, examining how real estate credit underwriting can better assess risk beyond traditional financial metrics. The report argues that commonly used measures such as loan-to-value ratios, debt yield and interest coverage ratios, while useful, can present an incomplete picture of risk when evaluated in isolation.