Term Sheet: US 10-year Treasury on watch; Industrial Realty and Sachem’s blend; Värde’s $1bn securitization

Private real estate credit managers are keeping sights fixed on the US 10-year Treasury with mid-term outlooks potentially needing to be retooled; Industrial Realty Group and Sachem Capital are merging to form an industrial sector origination and ownership platform; Värde Partners closes its largest commercial real estate collateralized loan obligation to date in $1 billion transaction; and more in today’s Term Sheet, exclusively for our valued subscribers.