Newsline

L&G has acquired Lynnfield Commons in Lynnfield, Mass., through its dedicated U.S. investment arm. The transaction was completed in partnership with Taurus Investment Holdings.

BFC Partners has closed on a construction loan for 1709 Surf Avenue, the third and final phase of their three-building project along Surf Avenue in Coney Island, Brooklyn.

King Street Capital Management has held a final close of its European Real Estate Special Situations Fund II (ESS II), hitting its hard cap of approximately $950 million of capital commitments within 12 months.

Walker & Dunlop has secured $170 million to refinance Post District, a class A, mixed-use complex containing 580 residential units located in downtown Salt Lake City.

Feldberg Capital has partnered with the Teacher Retirement System of Texas (TRS) to develop logistics properties in Germany, according to media outlets.

Demand from hyperscalers and cloud service providers fueled record leasing volume in the first quarter of 2025 amid widespread adoption of artificial intelligence and persistent power constraints, according to CBRE’s Global Data Center Trends report.

Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired Highlands at Morris Plains, a workforce housing apartment community located in Morris Plains, N.J.

Deka Immobilien has sold a shopping center in Spain.

Tony Smedley, managing director and head of private equity – Europe at Heitman, discusses a notable shift in investor sentiment towards European real estate, signaling the early stages of a recovery cycle, in an interview with IREI.

Atlantic Union Bankshares Corp., the holding company for Atlantic Union Bank (the Bank), and Blackstone have closed the sale of approximately $2 billion of the Bank’s performing commercial real estate loans acquired from Sandy Spring Bank to vehicles affiliated with Blackstone Real Estate Debt Strategies (BREDS).

Deke Schultze has joined Transwestern Investment Group (TIG) as senior managing director, capital formation.

Brookfield has sold retirement living provider Aveo to The Living Company, the parent entity of Scape Australia, for A$3.85 billion ($2.51 billion).

BlueGate Boat & RV Storage has formed a $250 million joint venture with GEM Realty Capital to accelerate acquisitions and development across the United States.

JRK Property Holdings has added 684 units to its national multifamily portfolio after closing on apartment communities in Los Angeles and Washington, D.C., in separate transactions in excess of $315 million.

A real estate fund managed by Kennedy Wilson has acquired two multifamily assets.

AXA IM Alts has made senior appointments to head two key regions.

Sushil Puria has joined Sendero Capital to lead acquisitions and portfolio growth initiatives across the Northeast, Mid-Atlantic, and Southeast United States.

For players with capital, the continued dislocation and volatility in the macroeconomy is creating attractive buying opportunities in sectors less correlated to the overall economy, such as medical office, senior housing, student housing and light industrial, according to Al Rabil, CEO of Kayne Anderson and CEO and co-founder of Kayne Anderson Real Estate, in an interview.

Despite near-term challenges — high construction costs, the potential of tariffs to affect costs and import and export volumes, and a very complicated global food supply chain — the longer-term prospects for investors in cold storage real estate are positive, according to Kevin Rivest, managing partner and head of BGO’s U.S. Cold Chain Investment platform.

Southeast Asian growth markets, such as Vietnam, Thailand, Singapore, the Philippines, Malaysia and Indonesia, are exhibiting strong fundamentals particularly attractive to investors in real assets in sectors such as energy, digital infrastructure and new-economy real estate, according to a report titled, “The strong fundamentals of Southeast Asia,” by Actis’ Brian Chinappi, partner and head of real estate, and Rahul Agrawal, partner, energy infrastructure, which was published in the July/August issue of Institutional Real Estate Asia Pacific.