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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.

Hines has acquired a new purpose-built student accommodation (PBSA) project in Móstoles, Madrid, currently under construction. The transaction, executed on behalf of the Hines European Real Estate Partners III (HEREP III) fund, marks the company’s entry into Madrid’s student accommodation segment and reinforces its commitment to the living sector in the Iberian Peninsula. This new asset joins Hines’ existing PBSA projects in Barcelona, Valencia and Porto.

Sei-Hyun Kwon has joined Blue Vista Capital Management as head of Asia Pacific region, marking the firm’s first formal on-the-ground presence in the region.

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.

L&G has appointed Tim Morris and Philipp Westermann, co-managing partners of Proprium Capital Partners, as global co-heads of real assets.

Griffin Capital has recently released a report titled, “Institutional Ownership of Single-Family Homes, Homeownership Affordability, and the Role of Build-to-Rent,” to give an evidence-based perspective on the Executive Order to restrict institutional purchases of single-family homes, and why housing affordability is primarily a supply-and-cost-of-ownership problem, not an investor-competition problem.

Damien Webb will join Brighter Super in April as CIO of the A$37 billion ($26 billion) superannuation fund following an extensive international recruitment search.

Aware Super, an Australian pension fund, has invested $300 million in Vantage Data Centers’ Asia Pacific business.

Apollo announced that Apollo-managed funds have completed an approximately €900 million senior secured financing of a pan-European logistics and industrial portfolio owned by a joint venture between an affiliate of Cerberus Capital Management, a global alternative investment manager, and Arrow Capital Partners, a specialist investor, credit provider, developer and manager of real estate in Europe and Asia-Pacific .

Kaitlyn Furey has become senior vice president, head of investor relations at Buckingham Companies, a fully integrated real estate investment firm specializing in the development, acquisition, management and construction of multifamily, mixed-use, commercial and hospitality projects across the United States.

Stockdale Capital Partners announced the acquisition of Avant at Fashion Center, a 355-unit luxury mid-rise apartment community in the Phoenix submarket of Chandler, Ariz., for $110.25 million.

The Lubbock Fire Pension Fund (Texas) has committed $4 million to S3 LB Real Estate Credit III, a program of S3 Capital.

The Houston Firefighters’ Relief and Retirement Fund has committed $40 million to Cabot Industrial Value Fund VIII, a vehicle of Cabot Properties.

In a sponsored report published in the February issue of Institutional Real Estate Americas, Nuveen Real Estate noted that compelling investment opportunities persist across regions and risk tolerances. Nuveen Real Estate’s outlook for real estate in 2026 provides six real estate investment strategies for the year ahead.

In a sponsored report published in the February issue of Institutional Real Estate Americas, MetLife Investment Management offers an outlook for real estate in 2026, including overweight and underweight guidance across property types for the year ahead.

Private capital lenders that initially stepped in to fill a post-2022 banking retreat are now entrenched as core providers of commercial real estate financing. Debt funds and investor-led groups are well capitalized and increasingly active across a wide range of strategies rather than concentrating solely on short-term bridge lending.

Alignment between LPs and GPs in private real estate funds generally functions, but is structurally imperfect, with fees widely viewed as the central source of misalignment.

Nonperforming loans are on the rise. Figures released by the European Banking Authority (EBA) in December 2025 showed the volume of nonperforming loans in the European Union to be €373 billion, amounting to 1.8 percent of all bank loans. This was an increase from the €357 billion registered at the end of 2024. In the United Kingdom, the percentage of bad loans had crept up to more than 1 percent by the end of 2024 and is not expected to drop anytime soon.

The long-term growth prospects for data centres remains strong, but the sector also faces new considerations. Firstly, the question of overvaluation — driven by excitement about AI — has been raised. Secondly, concerns exist over development becoming more difficult due to land and power constraints, new regulations and community pushback. And thirdly, what does an exit look like in this environment?