EQT Real Estate Acquires $16B Alternatives Investment Firm Stockbridge for $375M
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
EQT Real Estate , the commercial real estate subsidiary of Swedish private equity giant EQT AB , announced Thursday that it has acquired Stockbridge , a U.S. real estate investment firm with $16.5 billion in assets, f…
External link. Real Estate Trail does not republish source content.
More from the wire
New American Funding adds Mullinix Mortgage Group
Mullinix ranked No. 32 on HousingWire’s Top Purchase Originators list with $197.2 million across 355 units
FedEx plans a $55 million distribution center in Cypress
Did mortgage rates just peak or is this some bond market madness?
In the last 48 hours, we got two very hot inflation reports, positive retail sales, rising oil prices and historically low jobless claims
What persistently high bond yields could mean for the commercial mortgage market
Model/Z Closes $32 Million Tax Credit Transaction to Unlock Financing for Modular Affordable Housing
Innovative New Markets Tax Credit financing addresses a longstanding challenge in modular construction, enabling developers to finance factory-built housing earlier and helping Model/Z scale production to meet growing…
Investor Duo Trades San Antonio Hotel for $41M
Tennenbaum Capital Group Real Estate’s Sunrise Realty Trust and Southern Realty Trust sold the 162-key luxury Thompson San Antonio hotel for $41 million. Commercial Search reports that The Loren Group acquired the pre…