What happened, and who moved.
Mi Vida Homes' management team, led by CEO Samuel Kariuki, bought full ownership of the Nairobi green/affordable-housing developer from UK-based Actis and India's Shapoorji Pallonji, ending seven years of international investor backing; the price was not disclosed.
Reality Real Estate Fund and Minrav sold their holdings in a flagship Tel Aviv HaThiya complex site (rights to a 186-apartment, 25-storey tower) to Yuvalim-City Boy for 250 million shekels, plus a 110 million shekel option on an adjoining commercial lot. Reported January 2025; exact day not confirmed.
Construction loan arranged by Walker & Dunlop.
CMBS conduit refinance of two Florida apartment complexes; brokered by Meridian Capital Group.
Replaces an $89M prior M&T Bank construction loan on the same site.
Replaces $77.3M of maturing mortgages carrying a 2.88% weighted average rate; disclosed as a subsequent event in the REIT's 2025 results.
Structured initially as a bridge loan to refinance existing debt and fund early works, with further drawdowns tied to construction milestones. Dated Feb 2025 — older-vintage than this batch's other rows (no more-recent update/re-financing found for this specific facility) but the only fully-verified Iberian financing surfaced this pass; included for genuine Portugal coverage rather than left at zero.
Brookfield acquired three pre-launch multifamily developments totalling 287 units in Ipanema, Botafogo and Jardim Botanico, Rio de Janeiro, from developer Performance — its first multifamily projects in Rio's South Zone; price undisclosed.
Part of Grainger's stated plan to cut debt by £300-350M by FY29, targeting 30% LTV and 8x net debt/EBITDA.
The Bank of Canada held the overnight rate at 2.25 per cent; a higher-for-longer rate environment is curbing commercial real estate investment momentum.
June 2026 brief: job growth defies constraints as employers added 176,000 roles, supporting rental demand and consumer spending across commercial property types.
Housing starts fell 15.4% in May 2026 to a seasonally adjusted annual rate of 1.18 million units, with multifamily construction dropping 40.2% month-over-month and single-family starts declining 1.9%, attributed to high interest rates, rising construction costs, and labor shortages. The total number of housing units under construction declined 7.1% year-over-year to 1.27 million units, while regional performance varied, with the Northeast showing strength but the South and West posting declines.
Through April 2026, single-family residential permits declined 6.4 percent year-over-year to 299,642 units nationwide due to affordability challenges and elevated borrowing costs, while multifamily permits increased 7.5 percent to 166,252 units with strong regional gains led by the Northeast's 33.5 percent increase. Regionally, single-family permitting fell in all four regions with the Northeast declining 13.8 percent, while multifamily permits rose in three of four regions with only the South experiencing an 8.4 percent decrease.
Fannie Mae provided approximately $74 billion of multifamily financing in 2025, up 34 percent year over year, including more than $8.3 billion in affordable housing and $1.9 billion in manufactured housing, marking its largest annual multifamily volume since 2020.
Heitman announced the final close of Heitman Value Partners Fund VI with 2.6 billion dollars in commitments, providing roughly 6.55 billion dollars of dealmaking capital across medical office, student housing, senior housing, self storage, multifamily and industrial assets.
Commercial and multifamily mortgage debt outstanding increased 53.4 billion dollars, or 1.1 percent, to 4.93 trillion dollars at the end of the third quarter of 2025. Multifamily mortgage debt alone rose 40.3 billion dollars to 2.24 trillion dollars.
New condominium apartment sales in the Greater Toronto and Hamilton Area fell 60 percent in 2025 to just 1,599 units, the lowest annual total since 1991. A record 28 active condo projects totalling 7,243 units were cancelled during the year.
Barings outlines plans to deploy approximately 2 billion euros of equity capital into Europe's next real estate cycle, focusing on residential and logistics where fundamentals remain strong.