Public Storage To Pay $10.5B For Self-Storage Competitor

Public Storage will own 488 of National Storage Affiliates Trust's properties, along with a stake in a joint venture holding 313 other self-storage facilities.

Still Plenty Of Runway Left For Texas Multifamily Markets

Coverage of Bisnow's Multifamily Annual Conference South in Dallas.

Today's Big Schmooze

STATE OF THE CAPITAL

YESTERDAY IN YONKERS

Prado Group, Presidio Bay Exit Deal For San Francisco Centre Mall

The former owners of San Francisco Centre handed over the keys to the property in 2023.

Switch's Planned IPO Extends Data Center Sector's Shift To Wall Street

Data center provider Switch is reportedly preparing a $10B IPO as digital infrastructure firms are increasingly turning back to the public markets.

Big Banks Shake Off CRE Jitters, Cut Loss Reserves And Raise AI Hopes

JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup and Wells Fargo posted strong profits as investors continue piling into AI infrastructure.

Private REIT Closes $650M Refinancing Of 549-Property Daycare Portfolio

NRT obtained $650M refinancing a 2021 CMBS loan tied to 549 daycare properties totaling more than 4M SF across 37 states.

Major Players Are Worried About The Market, Is It Time To Get Out?

Try this investing tool before pulling out of the market.