News/Events
Atrium Launches AI Platform Tracking $1.3T of U.S. Data Center Development Credit
The data center marketplace keeps growing, and one analytics firm has tracked where all $1.3 trillion of identifiable debt powering this development boom of nearly 4,300 domestic data centers has come from — and where it is going. Commercial Observer can first report that Atrium, a San Diego-based AI analytics startup founded in 2024, has…
Starwood Lands $483M CMBS Loan to Refi Single-Family Rental Portfolio
Barry Sternlicht’s Starwood Asset Management secured a $482.5 million commercial mortgage-backed securities (CMBS) loan to refinance a nearly full single-family rental portfolio located across 10 states. The floating-rate, interest-only financing — which Japan’s Nomura Securities originated — backs 1,749 properties, according to Fitch Ratings. The debt, which is scheduled to mature in August 2028, has…
Extell Finalizes Deal to Buy 110 East 55th Street for $65M
After months of negotiations, Extell Development has acquired 110 East 55th Street, a 19-story Midtown office property also known as Park 55, from the Parkoff Organization for $65 million, property records made public Monday show. An affiliate of construction company JT Magen — which had previously partnered with Extell on a foreclosure in Boston —…
Terreno Realty Acquires Red Hook Warehouse for $26M
Terreno Realty has acquired a warehouse along the Red Hook, Brooklyn, waterfront. Terreno announced Monday the purchase of the 28,000-square-foot industrial property at 659 Court Street for $26.3 million from California-based LBA Properties, which made a pretty penny since buying it less thana year and a half ago for $7 million, according to property records.…
Goldman Sachs To Buy Sale-Leaseback Specialist LCN For Up To $410M
The investment banking giant is acquiring the net lease and build-to-suit platform in a deal that includes $150M in payout incentives.
Rexford To Sell $1.2B Industrial Portfolio As Part Of Plan To Increase Dispositions
Rexford plans to sell a $1.2B portfolio, aiding debt reduction and share buybacks by investing in development.
EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market
A 697K SF office campus in Deerfield is up for sale. Bid deadline is Sept. 10.
Goldman Sachs to Acquire LCN Capital Partners, Expanding Sale-Leaseback Presence
Goldman Sachs said Tuesday it has agreed to acquire LCN Capital Partners, a leading investment manager specializing in the sale-leaseback, build-to-suit, and triple-net lease sectors of the real estate market, in a deal valued at up to $410 million. LCN has approximately $3 billion in assets under supervision as of June 30, 2026, primarily from…
Vantage Data Centers, Nebius Partner on AI Infrastructure at South Wales Campus
Denver-based Vantage Data Centers and Amsterdam-based artificial intelligence infrastructure company Nebius announced an agreement to deploy high-density, NVIDIA-powered AI infrastructure at Vantage’s CWL1 campus in Newport, Wales, one of Europe’s largest data center campuses. The deployment represents the first announced commercial capacity commitment in the South Wales AI Growth Zone and will support growing UK demand for…
