ScotiaBank Buys 15-Story Victory Commons One
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
ScotiaBank has acquired the building it currently leases. The company bought the 15-story Victory Commons One tower from Hillwood Urban , a Ross Perot Jr. company. Hillwood Urban developed the 364,000 square foot buil…
External link. Real Estate Trail does not republish source content.
More from the wire
Brookfield Asset Management Raises $25B Thanks to Infrastructure Investment
Thanks to demand for infrastructure projects, investment behemoth Brookfield Asset Management is on its way to breaching its fundraising record this year, having hauled $25 billion in funding in the third quarter, bri…
Trump Administration Designates 210 Qualified Opportunity Zones in NYC
President Donald Trump ’s administration designated 6,500 Qualified Opportunity Zones (QOZ) throughout the U.S., with 210 in New York City alone. While the renewal of the Opportunity Zone program has 2,200 fewer QOZs…
Midterm elections unlikely to impact commercial real estate: Cushman & Wakefield
Blend posts smaller Q3 loss, warns of steeper mortgage revenue drop ahead
Blend reported GAAP operating loss of $2.6 million in Q3
en-trega Opens New Monterrey Distribution Center
Starwood Property Trust Reports $390M Q3 Loss, but Sternlicht Remains Resolute
One quarter after Barry Sternlicht ’s real estate investment trust (REIT) Starwood Property Trust reported a 95 percent annual net income drop, the bottom fell out for Starwood in the third quarter of 2026. The Miami…