Cadwalader and Sidley Counsel Greystone’s Record $901.3 Million CRE-CLO Transaction

Greystone has closed one of the largest CRE-CLO deals of the year, securing $901.3 million in financing backed by bridge loans tied to 28 multifamily properties across 16 states. Top law firms Cadwalader Wickersham & Taft and Sidley Austin advised on the transaction.

Key details:

• Asset Scope: Multifamily properties in diverse national markets.
• Market Impact: CRE-CLO structures are expanding funding access amid volatile lending conditions.
• Strategic Value: Offers investors stable exposure to short-term bridge financing.

This deal highlights how structured finance remains a powerful tool for scaling real estate portfolios in a tight credit environment. Investor` confidence and strong fundamentals in the Canadian CRE market.

He’s already IPO’d once – this time’s different

Spencer Rascoff grew Zillow from seed to IPO. But everyday investors couldn’t join until then, missing early gains. So he did things differently with Pacaso. They’ve made $110M+ in gross profits disrupting a $1.3T market. And after reserving the Nasdaq ticker PCSO, you can join for $2.80/share until 5/29.

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_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

Retail Investment Sales Volume Sees Significant Growth Amid Evolving Market Dynamics in 2025

Retail CRE investment is surging, with Q1 2025 sales volumes up 13% year-over-year, according to Newmark. Retail values also rose 4.6% YoY, outpacing all other commercial asset classes.

Trends driving growth:

• Tenant Shift: Increased leasing from wellness clinics and ethnic grocers.
• Grocery-Anchored Momentum: Cap rates compressing as investor interest deepens.
• Resilience Despite Headwinds: Inflation and construction costs remain concerns, but necessity-driven retail thrives.

As consumer habits evolve, investors are targeting high-traffic, experiential, and essential-service retail centers to future-proof portfolios.

Aspendale Launches to Address Growing Demand for Active Living Among Seniors Aged 55 and Older

Headwaters Group has unveiled Aspendale, a lifestyle brand for 55+ active adults, aiming to transform senior living into a vibrant, amenities-driven experience.

Project overview:

• Strategic Focus: Age-restricted communities across the Western U.S.
• Amenities First: Luxury finishes, social programming, and wellness-centric design.
• Early Pipeline: Developments underway in Centennial, Northglenn, Littleton, and Scottsdale.
• Market Timing: Meets rising demand from a growing senior population projected to double by 2060.

Aspendale blends health, hospitality, and housing, signaling the next frontier in age-focused real estate development.

Eye Care Practice Settles $615K Fraud Allegations Amid Medicare Kickback Investigation

Tampa Bay’s Gulfcoast Eye Care has agreed to a $615,000 settlement following civil allegations of Medicare and Medicaid fraud tied to unnecessary transcranial Doppler ultrasounds.

Key points:

• Legal Context: The U.S. Attorney’s Office alleges improper billing practices under pretenses.
• Corrective Action: Tests ceased after Medicare audit concerns surfaced.
• Whistleblower Award: $116,850 allocated under federal qui tam provisions.

While outside traditional CRE, this case reinforces how healthcare compliance risks can influence tenant screening and medical-office lease structuring.