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bg-image-position-top"> <img width="737" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/TheBluffs-WEB.jpg?quality=80&crop=0px%2C68px%2C1080px%2C417px&resize=737%2C285&strip" class="attachment-large-card size-large-card" alt="Rob Kane of Lincoln Property Company, Stephen Schwarzman of Blackstone, and The Bluffs, an office campus in Playa Vista, Calif." loading="1" decoding="async" fetchpriority="high" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">California </div> <h2>Blackstone Lends $197M on L.A. Office Campus Deal</h2> <h6 class="byline"> <span>By</span> Greg Cornfield </h6> </div> </a> </div> </div> <div class="mobile-sidebar">  <div class="ad-wrapper ad-river ad-top-margin htlad-commercialobserver_300x250_mobile_2" id="commercialobserver_300x250_mobile_2"></div> <div id="trending" class="headliner-with-border"> <div class="section-header"> <div class="border"> </div> <div class="header">Trending Stories</div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/trump-dc-real-estate/"> <div class="card-text"> <div class="more-label channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">Washington DC </div> <h4>Trump 2.0 Could Dent Further an Already Beat-Up D.C. Real Estate Landscape</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/alexandria-vaxcyte-life-sciences-lab-lease-bay-area/"> <div class="card-text"> <div class="more-label channel"> <span>Leases<span>  路  </span></span><span>Life Sciences</span> </div> <div class="divider"></div> <div class="market">California </div> <h4>Alexandria Secures Lab Expansion Lease in the Bay Area</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/maddd-equities-apartment-building-east-harlem/"> <div class="card-text"> <div class="design-construction-label channel"> <span>Design + Construction</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h4>Maddd Equities Files Plans for 73-Unit Apartment Building in East Harlem</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/bmgm-lease-gfp-209-west-38th-street/"> <div class="card-text"> <div class="leases-label channel"> <span>Leases<span>  路  </span></span><span>Office Leases</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h4>Women鈥檚 Clothing Maker BMGM Moves to 4K SF at 209 West 38th Street</h4> </div> </a> </div> </div> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/11/pgim-120m-acquisition-loan-jacksonville-industrial-portfolio/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/TomGoodsite-2855FayeRd-WEB.jpg?quality=80&crop=0px%2C0px%2C959px%2C769px&resize=355%2C285&strip" class="attachment-medium-card size-medium-card" alt="Tom Goodsite, managing director at PGIM Real Estate, and an industrial property at 2855 Faye Road in Jacksonville, Fla." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">Florida </div> <h3>PGIM Supplies $120M Acquisition Loan for Jacksonville Industrial Portfolio</h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/11/walker-dunlop-113m-acquisition-loan-bay-area-apartments/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/Franklin-299_comp.jpg?quality=80&crop=16px%2C0px%2C2554px%2C2051px&resize=355%2C285&strip" class="attachment-medium-card size-medium-card" alt="Jeff Burns, senior managing director at Walker & Dunlop and the 299 Franklin apartment community in Redwood City, Calif" decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">California </div> <h3>Walker & Dunlop Supplies $113M Acquisition Loan for Bay Area Apartments</h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/11/j-p-morgan-real-estate-income-trust-purchases-two-site-industrial-portfolio-26m/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/Douglas-Schwartz_Square-headshot.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="JPMorgan's Douglas Schwartz." decoding="async" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">Florida </div> <h3>J.P. Morgan Real Estate Income Trust Purchases Two Site Industrial Portfolio for $26M</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/11/puregym-acquires-blink-fitness-planet-fitness/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/Blink_e973b0.jpg?quality=80&crop=109px%2C0px%2C2555px%2C2051px&resize=355%2C285&strip" class="attachment-medium-card size-medium-card" alt="Humphrey Cobbold, CEO of PureGym and a Blink Fitness logo." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>PureGym Acquires Majority of Blink Fitness for $121M, but Faces Competition</h3> <h6 class="byline"> <span>By</span> Isabelle Durso </h6> </div> </a> </div> </div> </section>  <div class="ad-wrapper ad-river ad-top-margin htlad-commercialobserver_300x250_mobile_3" id="commercialobserver_300x250_mobile_3"></div> <section class="sidebar">  <div class="ad-wrapper ad-right-rail ad-top-margin htlad-commercialobserver_right_rail" id="commercialobserver_right_rail"></div> <div id="trending" class="headliner-with-border"> <div class="section-header"> <div class="border"> </div> <div class="header">Trending Stories</div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/trump-dc-real-estate/"> <div class="card-text"> <div class="more-label channel"> <span>Features</span> </div> <div class="divider"></div> <div class="market">Washington DC </div> <h4>Trump 2.0 Could Dent Further an Already Beat-Up D.C. Real Estate Landscape</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/alexandria-vaxcyte-life-sciences-lab-lease-bay-area/"> <div class="card-text"> <div class="more-label channel"> <span>Leases<span>  路  </span></span><span>Life Sciences</span> </div> <div class="divider"></div> <div class="market">California </div> <h4>Alexandria Secures Lab Expansion Lease in the Bay Area</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/maddd-equities-apartment-building-east-harlem/"> <div class="card-text"> <div class="design-construction-label channel"> <span>Design + Construction</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h4>Maddd Equities Files Plans for 73-Unit Apartment Building in East Harlem</h4> </div> </a> </div> </div> <div class="xsmall-card-wrapper card-wrap"> <div class="xsmall-card card "> <a href="https://commercialobserver.com/2024/11/bmgm-lease-gfp-209-west-38th-street/"> <div class="card-text"> <div class="leases-label channel"> <span>Leases<span>  路  </span></span><span>Office Leases</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h4>Women鈥檚 Clothing Maker BMGM Moves to 4K SF at 209 West 38th Street</h4> </div> </a> </div> </div> </div>  <div class="ad-wrapper ad-right-rail ad-desktop ad-top-margin htlad-commercialobserver_right_rail_2" id="commercialobserver_right_rail_2"></div>  <div class="ad-wrapper ad-right-rail ad-mobile ad-top-margin htlad-commercialobserver_300x250_instream" id="commercialobserver_300x250_instream"></div> </section> <section class="posts-wrapper-three-up"> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/11/peakstone-realty-trust-acquires-51-property-industrial-portfolio-490m/" target="_self"> <div class="investments-sales bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/11/Leo-Addimando.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Alterra IOS co-founder Leo Addimando," decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="investments-sales-label channel"> <span>Finance<span>  路  </span></span><span>Investments & Sales</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>Peakstone Realty Trust Acquires 51-Property Industrial Portfolio for $490M</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/equitrust-provides-30m-acquisition-financing-atlanta-apartment-complex/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/CBRE-Blake-Cohen.png?w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="CBRE's Blake Cohen." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">Georgia </div> <h3>EquiTrust Provides $30M Acquisition Financing for Atlanta-Area Apartment Complex</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/welltower-made-2-2b-acquisitions-q3-23-noi-increase/" target="_self"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/07/Shankh-Mitra_2023_BOD-WEB.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Welltower CEO Shankh Mitra." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>Welltower Made $2.2B of Acquisitions in Q3 and a 23% Net Income Increase</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap "> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/bridgewater-bank-24m-acquisition-loan-wisconsin-apartments/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/Andy-Sinclair-1-The-Oscar-Source-Midloch-Investment-Partners-credit-Midloch-SQUARE-WEB.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Andy Sinclair, CEO and principal of Midloch Investment Partners, and the Oscar Apartments in Sheboygan, Wisc." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">Wisconsin </div> <h3>Bridgewater Bank Provides $24M Acquisition Loan on Wisconsin Apartments</h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/clarion-sells-bay-area-office-complex-to-psai-realty-for-162m/" target="_self"> <div class="investments-sales bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/Steven-Golubchik-Bio-credit-Newmark.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Newmark's Steven Golubchik." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="investments-sales-label channel"> <span>Finance<span>  路  </span></span><span>Investments & Sales</span> </div> <div class="divider"></div> <div class="market">California </div> <h3>Clarion Sells Bay Area Office Complex to PSAI Realty for $162M</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/benefit-street-partners-lends-35m-apartments-texas-am/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/SQUARE_EricRosenstock_1720-at-harvey-College-Station-TX-web.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Eric Rosenstock, Senior Managing Director at Benefit Street Partners and 1720 at Harvey in College Station, Texas." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">Texas </div> <h3>Benefit Street Partners Lends $35M on Apartments Near Texas A&M</h3> <h6 class="byline"> <span>By</span> Andrew Coen </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/yellowstone-midtown-east-maxwell-hotel-foreclosure/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/SQUARE_IsaacHera_541LexingtonAve-web_e47d8a.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Isaac Hera, CEO of Yellowstone Real Estate Investments, and 541 Lexington Ave." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h3>Yellowstone Acquires Former Midtown East Maxwell Hotel Through Foreclosure</h3> <h6 class="byline"> <span>By</span> Mark Hallum </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/farmland-partners-reit-sells-42k-acre-farm-portfolio-lds-church-249m/" target="_self"> <div class="investments-sales bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2021/05/GettyImages-1289252764.jpeg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Belle Glade, Florida." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="investments-sales-label channel"> <span>Finance<span>  路  </span></span><span>Investments & Sales</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>Farmland Partners REIT Sells 42K-Acre Farm Portfolio to LDS Church for $249M</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/sixth-streets-marcos-alvarado-shares-cre-investment-strategy/" target="_self"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/08/Alvarado_Marcos0083_HeadShot_300dpi_HighRes.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Marcos Alvarado, partner and head of U.S. real estate at Sixth Street." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span>Finance<span>  路  </span></span><span>Investments & Sales</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>Eye on the Prize: Sixth Street鈥檚 Marcos Alvarado Shares His CRE Investment Strategy</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/cim-acquires-distressed-88-university-place/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/SQUARE_CIMGroup_88UniversityPlace-web.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Shaul Kuba, Richard Ressler, and Avi Shemesh, founders of CIM Group, and 88 University Place." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> <span>Finance<span>  路  </span></span><span>Acquisition</span> </div> <div class="divider"></div> <div class="market">New York City </div> <h3>CIM Acquires Distressed 88 University Place for $49M</h3> <h6 class="byline"> <span>By</span> Amanda Schiavo </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/smith-hill-capital-eci-group-intervest-form-250m-multifamily-lending-platform/" target="_self"> <div class="more bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/Seth-Greenberg-CEO-ECI-Group.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="ECI Group CEO Seth Greenberg" decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="more-label channel"> <span>Finance<span>  路  </span></span><span>Investments & Sales</span> </div> <div class="divider"></div> <div class="market">National </div> <h3>Smith Hill Capital, ECI Group, InterVest Form $250M Multifamily Lending Platform</h3> <h6 class="byline"> <span>By</span> Brian Pascus </h6> <div class="post-flag-premium"> <span class="flag-text">Premium</span> </div> </div> </a> </div> </div> <div class="medium-card-wrapper card-wrap premium-card"> <div class="medium-card card "> <a href="https://commercialobserver.com/2024/10/new-york-life-570m-acquisition-loan-industrial/" target="_self"> <div class="finance bar"></div> <div class="image-wrap"> <div class="medium-card-image bg-image-cover" style="background-color: #eee;"> <img width="355" height="285" src="https://commercialobserver.com/wp-content/uploads/sites/3/2024/10/Henry-Steinberg-small-warehouse-GettyImages-1397538775-SQUARE-WEB.jpg?quality=80&w=355&h=285&crop=1" class="attachment-medium-card size-medium-card" alt="Henry Steinberg, global head of EQT Exeter, and workers operating in a warehouse." decoding="async" loading="lazy" /> </div> </div> <div class="card-text"> <div class="finance-label channel"> 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