Asset Class
US Hotel Metrics Drop in Week Ended August 26 September 6, 2023

US Hotel Metrics Drop in Week Ended August 26

US hotel performance weakened during the week ended August 26, matching historical seasonal patterns, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets.
Growth on US REIT’s same-store net operating income slows in Q2 August 31, 2023

Growth on US REIT’s same-store net operating income slows in Q2

US equity real estate investment trusts saw weaker gains on same-store net operating income during the second quarter. S&P Global Market Intelligence prefers to take cash-based same-store net operating income, if available. However, a noncash-based net operating income will be used if not...
Capital Square Closes on Construction Loan for Seventh Opportunity Zone Fund Development August 30, 2023

Capital Square Closes on Construction Loan for Seventh Opportunity Zone Fund Development

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that the firm has secured financing from United Bank to fund construction of a 352-unit, Class A multifamily development in the Scott’s Addition qualified opportunity zone in Richmond, Virginia...
Arixa Capital Announces Strategic Joint Venture With Oaktree August 30, 2023

Arixa Capital Announces Strategic Joint Venture With Oaktree

Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") today announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and commercial real estate....

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