Mavik Capital raising real estate fund as regional banks retreat
Mavik Capital Management LP aims to raise $515 million for US middle-market commercial real estate, seeking returns of 15-25%.
Regional banks are pulling back from commercial real estate, creating opportunities for private credit lenders like Mavik Capital Management LP. [ more ]
Shohei Ohtani Building Oceanfront Home On Hawaii's Big Island
Shohei Ohtani signed a record contract with the Los Angeles Dodgers, enabling him to invest in real estate opportunities, including building a dream home in Hawaii. [ more ]
Big Bay Area real estate portfolio is bought for well over $100 million
A New York-based real estate investment group bought a Bay Area portfolio for well over $100 million, indicating continued investor interest in Silicon Valley commercial real estate. [ more ]
Foreclosed San Jose site once pitched as hotel lands Bay Area buyer
Real estate investors purchased a San Jose property that fell into foreclosure at a reduced price, showing a decline in value over five years. [ more ]
Decron Properties Buys Phoenix Multifamily After LA Sales
Decron Properties shifted investments from Los Angeles to Phoenix by selling assets in Thousand Oaks for a Phoenix property, using a 1031 exchange to defer capital gains taxes. [ more ]
Loans for $756M to Turn Fontana Speedway into Warehouses
Hillwood Investment Properties and CBRE Investment Management secure $756 million in construction loans for a warehouse project in Fontana, replacing a former stock car racetrack.
The project includes 6.6 million square feet of logistics warehouses, funded by a $575 million senior loan from Bank OZK and $200 million in mezzanine loans from BDT & MSD Partners. [ more ]
Property on Athens Riviera with top-floor apartment in modern building, near high-end resorts, commercial center, and Greece's Golden Visa program eligibility. [ more ]
Cooking the Books: Why investing in commercial property is both easier and harder than ever before
Investing in commercial property can be a viable option for everyday investors when done through a fund.
The work-from-home revolution, rising insurance costs, and high interest rates have impacted the profitability of commercial property investments. [ more ]