09/06/2025
BV Industry Updates! 🏗️📊
1️⃣ Alternative investment fundraising hit $102.3B through July 2025, up 18% from June. Public non-traded BDCs ($26.7B), private placements ($23.5B), and interval funds ($21.6B) led the way, with Blackstone, KKR, and Ares fueling momentum. Stanger projects totals could surpass $200B by year-end.
🔗 http://bit.ly/3JGihCb
2️⃣ Private real estate recovery signals a bottom: The NCREIF-ODCE Index logged four straight quarters of gains, lending has loosened, and deal volume rose for the fifth quarter—pointing to a new growth phase.
🔗 https://bit.ly/467ioy3
3️⃣ Multifamily sales fell 14% in Q2 to $35.1B, but 12-month volume climbed 24%, keeping multifamily the largest U.S. CRE asset class. Falling vacancies and steady rent growth support resilience.
🔗 https://bit.ly/3HLXf4u
4️⃣ Apartment sales rose 1% YoY in July to $10.6B, with Elme, Aimco, and Morgan Properties active. Pricing stabilized (+0.4%), cap rates held at 5.7%, showing cautious optimism under higher-for-longer rates.
🔗 http://bit.ly/45Rhsz3
5️⃣ Retail net absorption dropped to -7.5M SF in Q2 2025 and new starts fell 50%. Still, investment jumped 23% YoY to $28.5B, led by demand for mixed-use and smaller formats.
🔗 http://bit.ly/41G98iZ
6️⃣ OBBB may boost outpatient real estate demand as Medicaid/ACA rules shift care to lower-cost settings. Hospitals could consolidate, monetize assets, and pursue sale-leasebacks.
🔗 https://bit.ly/3UYoXxV
7️⃣ Rehabilitation hospital construction is climbing, with 1.9M SF of projects in the past 12 months (up from 1.3M). The sector has grown 67% since 2014 to 510 facilities nationwide.
🔗 https://bit.ly/45RIGp6
