1+ day, 18+ hour ago   (705+ words) Commercial Property Executive reports that J.P. Morgan Asset Management closed its inaugural US net lease fund with $1.1B in total commitments. The vehicle exceeded its original $500M target by more than twofold and marks the firm’s first fundraise since acquiring Trio Investment Group…...

5+ day, 29+ min ago   (471+ words) The U.S. Treasury Department said Wednesday it will buy back $6 billion of longer-term government debt, tripling the size of its normal buyback operation, according to CNBC. The move targets 10- and 20-year notes and aims to keep the long end of the…...

6+ day, 7+ hour ago   (400+ words) Blue Owl Capital is considering a publicly traded data center REIT. The vehicle would begin with about $6.5B of the firm’s own assets, according to Bloomberg’s report on the proposed vehicle. Blue Owl could raise additional money through an IPO and…...

1+ week, 6+ day ago   (656+ words) CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter…...

1+ week, 6+ day ago   (479+ words) AEW Capital Management is deploying its $1.8B North American real estate fund more slowly than originally expected. Bisnow reports that the manager has invested about 55% of the vehicle as debt liquidity limits forced sales. They are also narrowing its targets by…...

1+ week, 6+ day ago   (452+ words) According to Bloomberg, US Bancorp is accelerating a business-banking expansion into faster-growing US states. The Minneapolis-based lender plans more than 50 client-facing hires this year across Florida, Georgia, Texas, and Arizona. The strategy extends its reach in markets where the bank…...

2+ week, 2+ hour ago   (525+ words) Keeping track of the deal is its own job, on top of running the deal itself. And that’s where AI is genuinely useful right now. It’s not glitzy, but it’s true, and it’s the most impactful AI use case in…...

2+ week, 6+ day ago   (264+ words) Rabbet Development is a real estate development management platform built specifically for commercial real estate developers, owners, and construction lenders. Unlike traditional accounting software that records historical transactions or construction management software focused on field operations, Rabbet Development serves as…...

3+ week, 3+ day ago   (440+ words) Private placement REITs have steadily expanded their market footprint as investors show greater interest in hard assets. Investors increasingly favor assets they perceive as less vulnerable to obsolescence. Stanger CEO Kevin T. Gannon says these vehicles have outpaced public REITs in…...

3+ week, 4+ day ago   (405+ words) KKR Real Estate Finance Trust’s strategic review has attracted distressed investors. Bloomberg reported that Mavik now owns 5.4% of KREF’s shares. The firm specializes in distressed commercial real estate investments. The move reflects growing interest in mortgage REITs facing legacy loan…...