Anduril, US Navy to build $6.6B shipyard in Maryland
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
The facility, dubbed Arsenal-2, will manufacture components for Virginia-class submarines. The new project follows DOD’s new Project Meridien initiative, which Anduril co-founder Palmer Luckey is co-leading.
External link. Real Estate Trail does not republish source content.
More from the wire
Pivix offers specialty commercial property program
Redwood Marks 10 Years of ERB Model Portfolios: Public and Private Markets, One RiskFirst®
Integrated model portfolios bring public investments, private real estate debt, and active risk management together to help financial advisors support clients' retirement and long-term financial goals SCOTTSDALE, Ariz…
RAMROCK Buys West Fort Worth Mall, Plans 930,960 SF Industrial Redevelopment
FORT WORH, TEXAS — Dallas-based investment firm RAMROCK Real Estate has purchased Ridgmar Mall in West Fort Worth with plans to redevelop the site into an industrial park. The new property will be known as Ridgmar 30…
Hozpitality Women Leadership Forum 2026 Brings Together Over 70 Industry Leaders in Los Angeles
Influential women leaders from Marriott International, Delta Air Lines, The Music Center, FIFA World Cup 2026 Los Angeles and the culinary industry gathered at Cameo Beverly Hills to discuss leadership, breaking barri…
Stonepeak Acquires 860,100 SF Industrial Property in North Fort Worth
FORT WORTH, TEXAS — Stonepeak, a New York-based alternative investment firm, has acquired a 860,100-square-foot industrial property in North Fort Worth. The address was not disclosed, but the property is located withi…
Skywalker Property Partners Sells 67,161 SF Manufacturing Building in South Houston
HOUSTON — Texas-based investment firm Skywalker Property Partners has sold a 67,161-square-foot manufacturing building in South Houston. The building at 14211 Industry St., which was constructed in 1968, was fully lea…