10Y UST4.79%+0.84%30Y MTG6.66%+0.15%SOFR3.66%-0.54%VNQ$95.78-0.54%XLRE$43.73-0.70%FED FUNDS3.63%
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Connect CRE · Los Angeles · Industrial

Northmarq Arranges Refi for Van Nuys Warehouse Portfolio

Via Connect CRE · September 2, 2026
Compiled by Real Estate Trail Editorial · September 2, 2026

Why this matters

Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Los Angeles is working asset-by-asset through an extended office reset. Hospitality on the West Side and selective industrial in the South Bay are where capital is currently moving; downtown Class B remains in price discovery. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
Northmarq’s Los Angeles Debt + Equity team , led by Zalmi Klyne and Stanley Chu, successfully arranged $6.1 million in permanent financing for three flex/showroom industrial properties located within the Los Angeles m…
Read the full article at Connect CRE

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