Kidder Mathews

Mar 17, 2025 | globest.com | Anthony Russo |Brian Lee |Kidder Mathews |Erika Morphy

As part of the deal, the developer will fully take over the 750-unit asset by executing a buying out of its equity partner, J.P. Morgan Asset Management. In addition, the acquisition is backed by a $62.5 million preferred equity from Meadow Partners. Walker & Dunlop advised Steiner, arranged Meadow's stake, and the financing for the recap. JLL brokered the transaction on behalf of the seller, which consists of the joint venture between Steiner and J.P. Morgan.

Mar 17, 2025 | globest.com | Brian Lee |Kidder Mathews |Anthony Russo |Erika Morphy

Industrial real estate finds itself in an unusual position: Lease rates are decreasing while occupancy grows.Meanwhile, onshoring moves may rise due to tariffs and Apple’s recent $500 billion commitment over the next four years. This is not exactly routine territory for even the most experienced commercial real estate professional, but the experts at Kidder Mathews are cutting through the noise. What’s in store for the industrial market as 2025 warms up?