Capital Markets

The purchase grew the firm's holdings by nearly one-third, giving KKR a total of 30 million square feet in industrial assets.

Even trophy assets can have troubled loans.

Industrial-using companies are leading layoffs in Orange County, driven by aerospace, energy and manufacturing industries.

Sabal is expanding its middle market multifamily business, focusing on loans $10 million to $25 million.

Net lease volume increased quarter-over-quarter but fell year-over-year.

Institutions are decreasing core and value add allocations to make room for distress in their portfolios.

Delinquency rates for retail CMBS loans in Manhattan are up to an all-time high of 16.78%, and special servicing rates are at 17.55%.

Colliers International projects the retail market will rebalance next year with in-store sales increasing 5.9% and online sales decreasing 8.5%.