Newsline

Continued resilience in new construction starts has prompted Yardi Matrix to increase its forecast for U.S. multifamily completions in 2026, 2027 and 2028.

Avanath Capital Management has acquired Retreat at Valencia, 336-unit mixed-income apartment community near downtown Orlando.

Ekta Patel has been appointed COO at 11North Partners. Based in the firm’s New York office, Patel will oversee firmwide operations, coordination across asset management, and platform infrastructure, supporting the firm’s existing portfolio while enabling future growth initiatives.

The NCREIF PREA Reporting Standards has published Increasing Transparency in Performance Metrics for Private Closed-End Funds, offering long-awaited industry guidance aimed at enhancing clarity, consistency and comparability in performance reporting for private closed-end real estate funds.

Driven by motivated sellers, increased engaged buyers, and greater availability of debt, conditions are aligning for investors who can focus on cash-flow growth and disciplined execution, according to Morgan Stanley’s 2026 Real Estate Outlook.

Juniper Square has appointed Jason Sheller as global head of go-to-market, fund administration. Sheller joins the company at a pivotal moment of growth and will lead the global go-to-market strategy for the company’s fund administration business.

Global logistics real estate rents declined in 2025, with a 2.3 percent drop in the first half of the year as many customers delayed leasing decisions amid economic and trade policy uncertainty. In the second half of the year, leasing activity picked up and rent declines narrowed to about 1.4 percent, indicating increased market engagement.

U.S. office market is showing signs of recovery, supported by positive return-to-office trends, increased leasing activity, limited new construction and stabilizing interest rates. It notes that current market dislocation has created opportunities for senior first mortgage lending with historically attractive yields and conservative loan structures. CIM Group argues that lower property valuations and stronger credit metrics may offer enhanced downside mitigation for lenders in the office sector.

13th Floor Investments, a South Florida-based developer, and Rockpoint have formed a joint venture to develop Link at Boca, a new mixed-use multifamily community located in Boca Raton, Fla.

Canyon Partners Real Estate and MG Properties (MGP) have acquired Shift Apartments, a multifamily building in the Downtown submarket of San Diego.

Starwood Capital Group has appointed John Gonnella as senior managing director and head of U.S. asset management, effective April 20.

While warnings about public debt levels may feel like background noise, real estate investors can no longer afford to tune them out. Federal debt held by the public now stands at 100 percent of Gross Domestic Product (GDP). The last time it reached this level, the country had just finished financing World War II. The Congressional Budget Office forecasts it will surpass that historical peak by 2029 and continue rising thereafter.

Consumer behavior continues to fundamentally reshape retail real estate —  from who now controls demand to how physical space must earn relevance every day. Katie Grissom, global head of retail, Nuveen, in an interview with IREI, discusses the shift from brand-led retail to behavior-led ecosystems, explaining why habit, not loyalty, has become the dominant driver of performance. Drawing on real-world portfolio experience, Grissom explores why daily-needs formats are outperforming destination retail, how data and omnichannel strategies have strengthened physical stores and why convenience, utility and emotional payoff now define successful centers.

The Policemen’s Annuity and Benefit Fund of Chicago (PABF) has committed $20 million TA Realty Value-Add Fund XIV.

The State of Wisconsin Investment Board SWIB) has committed $410 million to real assets funds.

Clarion Partners has acquired a seven-building, $592 million portfolio totaling 2.2 million square feet of newer class A and class B industrial assets strategically located in infill submarkets across Los Angeles, the Inland Empire, and Seattle. The portfolio is 100 percent leased to credit tenants.

Croatan Investments has launched its affordable housing platform, led by Nina-Lee Jewell Alhambra as managing partner.

Cityview and Stockbridge have completed Apollo – a 265-unit multifamily community in Los Angeles’ South Bay. Now leasing, Apollo is ideally located in a rapidly growing area of the South Bay near major aerospace, automotive and tech employers, including SpaceX, the Tesla Design Center and Ring.

Apollo Commercial Real Estate Finance (ARI) announced the company has entered into a definitive agreement with Athene Holding to sell the company’s entire approximately $9 billion commercial real estate loan portfolio for a purchase price based on 99.7 percent of total loan commitments, net of asset specific CECL reserves, except for two loans with a combined total principal balance of $146 million expected to be repaid prior to closing.

Berkadia announced the establishment of Berkadia special situations team, led by Kyle Stevenson.