For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In September alone, Dakota Marketplace added more than 2,000 new private company transactions, bringing the total to over 5,000 searchable deals across sectors, industries, and transaction types.
Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 real estate transactions.
1. Kaisa Group Holdings Ltd - Opportunistic/Special Situations/Event Driven
- Transaction Date: 9/24/2025
- Industry: Real Estate Management & Development
- Type: Credit
- Transaction Value: $16B
- Participants: Kirkland & Ellis LLP
Kirkland & Ellis has advised a key noteholder group on the successful restructuring of over US$16 billion in offshore liabilities of Kaisa Group Holdings, marking one of the largest Hong Kong court-sanctioned schemes of arrangement to date. The deal, which closed on September 15, 2025, is a landmark moment in China’s ongoing property sector crisis and underscores Kirkland’s pivotal role in navigating complex, cross-border restructurings.
2. ChinData Group - Carve-Out / Divestiture
- Transaction Date: 9/10/2025
- Industry: Specialized REITs
- Type: Buyout/Private Equity
- Transaction Value: $4B
- Participants: Bain Capital, Shenzhen Dongyangguang Industry Co., Ltd
Bain Capital has announced the US$4 billion sale of its data center platform WinTriX’s China operations (Chindata) to a consortium led by HEC, marking the largest M&A deal in China’s data center sector to date. The transaction reflects strong investor appetite for next-gen digital infrastructure and underscores Bain Capital’s success in scaling Chindata into a hyperscale leader supporting China’s digital transformation.
3. Vantage Data Centers - Minority
- Transaction Date: 9/10/2025
- Industry: Specialized REITs
- Type: Growth Equity
- Transaction Value: $1.6B
- Participants: GIC, Abu Dhabi Investment Authority
Vantage Data Centers has secured a $1.6 billion investment from GIC and ADIA to accelerate the expansion of its Asia-Pacific platform, including the acquisition of a 300MW+ hyperscale campus in Johor, Malaysia. The move positions Vantage as a leading provider of AI and cloud infrastructure in the region, bringing its total APAC capacity to 1GW amid surging digital infrastructure demand.
4. 15-property - Real Estate
- Transaction Date: 9/15/2025
- Industry: Residential REITs
- Type: Real Assets
- Transaction Value: $1.1B
- Participants: Fairfield Residential, Sunroad Enterprises
JLL has arranged a $1.1 billion national multi-housing portfolio venture on behalf of Sunroad Enterprises, bringing in Fairfield as a strategic partner and securing $665 million in financing from Freddie Mac and KKR. The 15-property, 3,830-unit portfolio spans six states and combines Class A and value-add assets across high-growth markets.
5. Regal London - Strategic Acquisition
- Transaction Date: 9/22/2025
- Industry: Real Estate Management & Development
- Type: Merger & Acquisition
- Transaction Value: $680M
- Participants: Arada Developments LLC, Regal London, Rothschild & Co.
Arada has entered the UK housing market with the acquisition of a 75% stake in London-based developer Regal, marking its second international expansion following Australia. With an initial AED2.5 billion investment, Arada aims to accelerate Regal’s 10,000-unit pipeline and establish a major presence in London’s residential sector under the newly formed Arada London.
6. Warehouse REIT plc - Take-Private / Public-to-Private
- Transaction Date: 9/9/2025
- Industry: Industrial REITs
- Type: Buyout/Private Equity
- Transaction Value: $661M
- Participants: Blackstone Inc, Warehouse REIT plc, Jefferies International Limited, Reed Smith LLP
Blackstone acquired UK industrial property landlord Warehouse REIT for approximately £489M ($660M) after its offer crossed the unconditional threshold. The deal concludes a months-long pursuit that saw a rival bid from Tritax Big Box REIT.
7. Property Finder - Minority
- Transaction Date: 9/9/2025
- Industry: Real Estate Management & Development
- Type: Growth Equity
- Transaction Value: $525M
- Participants: Moelis & Company, Permira, Blackstone Inc, Cooley, Citigroup Global Markets, Clifford Chance LLP, Weil Gotshal & Manges LLP, Dechert LLP, General Atlantic
Property Finder has secured a $525 million strategic investment led by Permira, with participation from Blackstone and continued backing from General Atlantic, marking a significant milestone for the MENA region’s leading property classifieds platform. The funding will support the company’s expansion and tech-driven innovation as it scales across the fast-growing MENA real estate market.
8. Two Roads Development - Structured Credit
- Transaction Date: 9/15/2025
- Industry: Real Estate Management & Development
- Type: Credit
- Transaction Value: $520M
- Participants: Sculptor Capital Management, Inc., Nuveen
Two Roads Development has secured $520 million in construction financing for Pendry Tampa and Pendry Residences Tampa, a luxury hotel and residential tower set to reshape the downtown skyline. The deal includes a record-breaking $290 million C-PACE loan from Nuveen Green Capital, marking the largest such financing to date for a project of this scale.
9. Runway - Real Estate
- Transaction Date: 9/29/2025
- Industry: Real Estate Management & Development
- Type: Real Assets
- Transaction Value: $428.1M
- Participants: Hines, Invesco Real Estate
Hines Global Income Trust has acquired two premier mixed-use assets, Runway in Los Angeles for $428.1 million and Montrose Collective in Houston for $137.5 million, bringing its portfolio to $5.6 billion in gross asset value. These acquisitions reflect Hines’ focus on high-performing, well-located living and retail properties with strong occupancy and long-term growth potential in dynamic urban submarkets.
10. Washington Holdings - Real Estate
- Transaction Date: 9/17/2025
- Industry: Real Estate Management & Development
- Type: Real Assets
- Transaction Value: $400.8M
- Participants: Security Properties, Washington Holdings, LLC
Security Properties has completed a $400.8 million acquisition of a five-property, 903-unit multifamily portfolio in Seattle from Washington Holdings, marking one of the largest residential transactions in the region this year. The deal reinforces the firm's long-term commitment to the Pacific Northwest and highlights its strategy of targeting high-quality assets in desirable, supply-constrained urban neighborhoods.
Transactions in Dakota Marketplace
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
