Newsline

RXR, together with Halpern Real Estate Investments, Korman Communities and Invent Development Partners, have secured $125 million in construction financing for AVE Station House.

David Rubenstein is a shareholder in law firm Polsinelli’s Real Estate Practice Group. As an adviser to data center developers across the nation, Rubenstein has experience navigating the constantly shifting political and business considerations impacting development. In an exclusive interview with IREI, Rubenstein shared his views on New York State’s new moratorium on new hyperscale data centers. He weighs in on what this means for projects in the queue and the implications for development in other U.S. states.

When two steel columns buckled on the 21st floor of the former Pfizer headquarters in Manhattan this July, the building safety industry watched a familiar sequence unfold and commercial property insurers should have watched just as closely. Investigators began examining what happened to the 37-story tower, which was being converted into more than 1,600 apartments.

Brookfield Asset Management has raised $4.3 billion across its real estate strategies, including nearly $700 million for the geographic sleeves of its flagship strategy and $3 billion from separately managed accounts and co-investment.

Oxford Properties Group is seeking a capital partner to invest approximately A$500 million ($325 million) in two completed build-to-rent apartment properties in Australia, according to The Australian.

Prime Super and Aware Super have signed a non-binding Memorandum of Understanding (MOU) to explore a potential Successor Fund Transfer (SFT) between the two profit-to-member superannuation funds.

Asia Pacific’s commercial real estate market gained momentum in first half 2026, with investment activity, office leasing, and rental growth all strengthening across the region, according to CBRE’s 2026 Asia Pacific Real Estate Market Outlook Mid-Year Review.

Alpaca Real Estate (ARE) has held a final close of its inaugural vehicle, Alpaca Real Estate Fund (Fund I) with approximately $223 million in total capital commitments, inclusive of co-investments closed to date of approximately $21 million.

Eldridge Capital Management has announced a $278 million loan to refinance Ten Twenty Spring, a premier office building in Atlanta, owned by Portman and funds affiliated with Blackstone Real Estate.

Zenith Industrial Outdoor Storage, in partnership with institutional investors advised by J.P. Morgan Asset Management, has closed a $215 million senior secured credit facility, with an accordion feature allowing for total commitments up to $500 million.

The National Investment Center for Seniors Housing & Care (NIC) has launched Reimagining the Future of Senior Living.

Waterton has acquired the Wyndchase Aspen Grove rental community in Franklin, Tenn.

JLL Capital Markets has arranged the $1.625 billion sale of an 11-property, 3,620-unit multifamily portfolio spanning Southern California’s most supply-constrained submarkets and financed a significant portion of the acquisition. The deal marks one of the largest multifamily transactions ever completed in Southern California.

Mubadala Investment Company has committed up to €600 million ($691 million) across two real estate strategies managed by ADD Capital and focused primarily on the European living sector.

Americans need to earn $109,796 to afford the typical U.S. home for sale, down 0.5 percent from an all-time high of $110,382 a year ago, according to a new report from Redfin.

Blue Owl Capital has held a final close for its inaugural European net lease fund.

Asia Pacific’s (APAC) data center development pipeline reached a record 26.5 gigawatts in first half 2026.

David Schreiber has joined Greenberg Gibbons as CIO.

Fiera Real Estate UK Limited, the European real estate arm of Fiera Capital Corp., and Packaged Living, a U.K. rental living platform, are targeting a £1billion ($1.3 billion) U.K. single-family housing (SFH) portfolio, having recently completed a significant first close for their new U.K. SFH fund. This launch marks the next milestone in the continued growth journey of Fiera and Packaged Living’s U.K. Living strategies.

The U.S. logistics real estate market has entered a new stage of growth as customer demand strengthens and new supply slows, according to Prologis Research.