Goldman Sachs

A Goldman Sachs-tied entity paid $154.5M for Mill Creek's 397-unit Modera Academical Village in Davie, about $389,000 per unit.

Goldman Sachs is buying sale-leaseback firm LCN Capital Partners for up to $410M, a bigger counterparty for owners facing 2026-27 debt maturities.

Six MOUs, no signed checks yet, and a developer's cost of capital just moved anyway.

The biggest office workout of the cycle got done by extending, not foreclosing. That is the template now.