The industry's own research.
6,698 items
showing 781–840 of 6,698
Simon Property Group’s second quarter offered more evidence that the nation’s largest mall owner is carrying its post-pandemic run into the second half of 2026. The real estate investment trust said Monday that its quarterly revenue, funds from operations (FFO) and tenant sales are all climbing while the company’s…
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has topped out construction on the firm’s first Manhattan project, The Marq, a 25-story luxury residential tower in SoHo. Slated for completion in the fourth quarter of 2027, the project will include 99 units, 2,072 square feet of…
Mount Laurel considers converting motels to meet affordable housing targets, potentially adding 826 units.
Austin real estate developer Nate Paul, whose fall from grace includes federal fraud convictions and political scandals in Texas, is facing a $45.6 million foreclosure lawsuit on the Calumet Center retail property in suburban Chicago. Miami-based special servicer Rialto Capital moved to file the complaint in Cook…
Invictus Real Estate secures a $67M loan to renovate its 194-unit Revere Beach property, enhancing amenities and units.
3650 Capital has provided an approximately $24-million senior construction loan to finance the completion of 1060 Nepperhan Avenue, a 949-unit self-storage development located in Yonkers, NY. The project will be branded and operated by CubeSmart. The development is sponsored jointly by Cayre Equities and KCT Inc.,…
SL Green Realty Corp said Monday that OceanSound, LP has signed a new five-year, 32,032 square foot lease covering floors 8, 22 and 23 at 450 Park Ave. The private equity firm, which focuses on the technology sector, currently subleases 21,640 square feet “We’re proud to extend and expand our valued relationship…
CBRE has arranged a 7,000‑square‑foot retail lease for Vietnamese beauty retailer Hasaki at Cudahy Plaza in Cudahy, marking the brand’s first U.S. store. Hai T. Dang with CBRE’s San Jose office represented the tenant. The landlord is Excel Realty Partners, LP. Cudahy Plaza, located at 7903–8017 South Atlantic…
Marcus & Millichap Capital Corporation (MMCC) arranged $7,380,000 in financing for Beaumont RV and Self Storage, a 49,958-square-foot self-storage property located at 251 W. 1st St. in Beaumont. Chad O’Connor, executive managing director in MMCC’s San Diego office, secured the 10-year financing with a national…
Broward County is planning a massive mixed-use development for the area surrounding the Florida Panthers’ Sunrise home base. County officials submitted an application for the project, which would bring multifamily units, commercial space, hotel rooms and green space to the 154-acre site surrounding the Amerant Bank…
HOUSTON – (Realty News Report) – The owners of the Houston Center complex have acquired a full city block in downtown where they will build a 12-story parking garage. New Skybridge Connection to Houston Center The new garage, which will have 2,053 parking spaces, a skybridge connection to One Houston Center,... The…
Chicago-based firm Newport Capital Partners hired brokers to market the Ontario City Centre at 38-58 East Ontario Street for sale, a retail center anchored by a Trader Joe’s location as well as a 226-key AC Hotel. The eight-story building totals 320,879 square feet, and Newport has owned the building for two…
The city of Austin issued $633 million in bonds last week as part of the effort to fund the redevelopment of downtown’s Austin Convention Center at 500 East Cesar Chavez Street. $1.35 billion of the total $1.6 billion for the new convention center is coming through bonds, according to the Austin Business Journal.…
Law firm Greenberg Traurig is relocating to another Related Ross building in Downtown West Palm Beach, Fla. The firm signed a 10-year lease to occupy about 25,000 square feet at the 15 CityPlace office development, which remains under construction, the tenant announced. The deal spans the entire 12th floor of the…
Talonvest Capital closed a $105,000,000 refinancing for a two-hotel campus in Sunnyvale on behalf of K1 Dev, LLC, an entity controlled by T2 Hospitality, a vertically integrated hospitality real estate investment and development company. The properties include the 186-key TETRA Hotel, Autograph Collection, and the…
New-to-market investment bank Solomon Partners and analytics firm MSCI landed at one of Steve Ross’ downtown West Palm Beach office properties. The deals come as Ross, the octogenarian billionaire who is downtown West Palm’s biggest office landlord, is re-making the area, including into a hub for financial service…
What Cap Rate Should You Expect on a 1031 Replacement Property? By Randy Blankstein, President, The Boulder Group It is the first question nearly every exchange buyer asks, and the one the market answers least clearly. An investor sells an apartment building, a piece of land, or a family-held retail parcel, and…
Marcus & Millichap announced the sale of East Paris Medical Center, a 10,011-square-foot, three-suite medical and professional office in Grand Rapids, Michigan. The property sold for $2.13 million. “Investors were drawn to the property’s strong location and future upside potential, with all tenants currently paying…
SRS Real Estate Partners has completed the $6.92 million sale of a single-tenant grocery property located at 2103 Parkview Avenue in Kalamazoo, Michigan. The 29,000-square-foot freestanding grocery property is situated on 2.33 acres and is occupied by D&W Fresh Market, operated by a subsidiary of C&S Wholesale,…
The Sares Regis Group sold a Las Vegas-area apartment complex for $58 million, nearly $29 million less than they paid for it in 2022. Multihousing News reports that CONAM acquired the 232-unit Alicante through CONAM Strategic Investments Fund IV. Built in 2001, Alicante offers one-, two-, and three-bedroom floor…
The City of Boston put much of its $560 million in pandemic-era relief funds into building housing. As a result, Boston has seen more than 6,200 new income-restricted units built or under construction during Mayor Michelle Wu’s first term, the highest level of production in the past 25 years, according to a new…
Gantry has secured a $30.5 million permanent loan to refinance maturing debt for a 603,000-square-foot warehouse facility located in the Skyport Industrial Center at 7501 NW 106th Terrace in Kansas City’s Northland submarket. The multi-tenant facility underwent a full renovation in 2023 and is now 100%-leased in a…
Perry Ellis International, which has held the license for Nike Swim since 2003, has relocated its swimwear operations in Portland, Oregon, from its former space in Kerns to the Goose Hollow neighborhood. Perry Ellis signed a long-term lease for 25,289 square feet of office and studio space at Lincoln Place in…
Washington D.C.-based law firm Dunn Isaacson Rhee is establishing a new office in New York City. The firm, which specializes in high stakes trials, investigations and crisis management, has inked an 11,167-square-foot lease on the 34th floor of 7 World Trade Center, developer and landlord Silverstein Properties…
Swapnil Agarwal’s Nitya Capital saved a Dallas apartment property from foreclosure with a refinancing deal. The Houston multifamily syndicator secured a loan from Morgan Stanley for The Interlace Apartments, according to a release from Nitya. The release did not specify the size of the loan. The refinancing deal…
The Lake County Illinois Data Center Opposition Coalition, a group assembled specifically to oppose a Grayslake village area data center northwest of Chicago, announced a lawsuit against T5 Data Centers and Alter Asset Management that’s set to go up in the Cornerstone business park. Alter Asset Management Group…
Nonprofit group Alliance for Downtown New York has expanded its Lower Manhattan footprint to 42 Broadway. The Downtown Alliance, which manages the area’s business improvement district, secured a 14,420-square-foot lease at the Financial District tower, according to a recent CBRE office market report. The Downtown…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant ground leased Fifth Third Bank property located at 2660 US Highway 34 in Oswego, Illinois for $3,855,000. The 4,273-square-foot Fifth Third Bank building sits on 1.26 acres along one of the most heavily trafficked…
Wendy's has already closed 245 stores this year. Burger King has surpassed it as the nation's second-largest burger chain.
The trio are launching Theseus Infrastructure to fund development of Anthropic-anchored hyperscaler sites.
Trinity Investments and Elliott Investment Management pocketed a nine-figure gain in their eight-year ownership of the property.
BH Properties expands its presence with the Tollway North Office Park purchase in Plano, boosting its DFW asset portfolio.
Comcast Cable has leased 139,692 square feet at 1540 Broadway to consolidate its New York City offices, according to a CBRE report. The company is relocating from 407 Broadway and 55 W. 46th St., reported the New York Business Journal. Savills’ Gabe Marans and Maxine Rosen represented Comcast in the lease signing,…
Cox, Castle & Nicholson LLP served as counsel to Shores LLC in the sale of Shores, a 544-unit multifamily community in Marina del Rey, for $170 million to Jackson Square Properties affiliates. The transaction is one of the largest commercial real estate transactions in Los Angeles County year to date, according to…
Cushman & Wakefield has arranged a $107 million refinancing for 255 South King Street, a mixed-use property located in Seattle. Dave Karson, Chris Moyer and Chris Meloni of Cushman & Wakefield arranged the transaction on behalf of an affiliate of Steinhauer Properties, the borrower. Stoneway Capital originated the…
Nitya Capital refinanced Interlace Apartments, a 432-unit multifamily community in Dallas, Texas, with Morgan Stanley. Nitya secured new institutional financing for the Interlace property at a double-digit debt yield, reflecting the substantial operating income and value created since its acquisition. Recent media…
Cushman & Wakefield has represented Hotel Harrington, Inc. in its sale of the former Hotel Harrington, a redevelopment opportunity located at 436 11th Street NW in the heart of downtown Washington, D.C. The transaction marks the first sale of the property in approximately 110 years. Cushman & Wakefield’s Marc…
Newmark has arranged the sale of the 51,795-square-foot retail condominium at 919 North Michigan Avenue along Chicago’s Magnificent Mile. The property is anchored by Louis Vuitton and features a collection of luxury retailers. Newmark Senior Managing Director Keely Polczynski and President of Retail Capital Markets…
Jose Tur owns two rent-stabilized rental buildings in Manhattan’s Washington Heights with a total of 45 units. The properties have been in his family for over 30 years, and the mortgages are fully paid off. But Tur tells Commercial Observer that despite this, while he’s reluctant to give an exact number, “more than…
Oxbow Development Group is planning on expanding the Pearl by 10 new retail focused buildings. The new structures are expected to add 85,000 square feet of retail property to the Pearl. Construction on the expansion is set to begin early next year, with the timeline expected to be fully completed by late 2028,…
HOUSTON — Camden Property Trust (NYSE: CPT) has sold an 11-property, 3,620-unit apartment portfolio in Southern California for approximately $1.6 billion. The buyer was an investment entity managed by BlackRock… The post BlackRock Acquires 11-Property Camden Property Trust Portfolio for $1.6B appeared first on…
Yardi Matrix updates its multifamily supply forecast, increasing 2026 completion estimates by 2.5% while projecting a supply bottom in 2027 at approximately 444,000 units.
Landmark Properties delivered The Mark Fort Collins, a 397-bed off-campus student housing community at 255 Johnson Drive in Fort Collins, less than half a mile from Colorado State University. The project was developed in partnership with Silverpeak Real Estate Partners and Peninsula Investments. Landmark’s Jason…
Bally’s Chicago is pausing construction on nongaming amenities at its $1.7 billion casino complex over the legalization of video gambling terminals in the city. “Bally’s issued a notification to the Chicago Community Builders Collective that it is resetting the pace of construction of elements of Bally’s Chicago…
Greystone provided a $25.5M Fannie Mae loan for the acquisition of 422 & 424 W. Melrose Ave., a 169-unit multifamily property in Chicago's Lakeview.
Bristol Myers Squibb is set to invest $2.3B in Houston's Generation Park for a modular pharma campus, creating 500 jobs.
Real Capital Solutions (RCS), a real estate investment firm headquartered in Colorado, has launched a new $350 million fund that will target acquiring distressed Class A and Class B offices across the U.S., Commercial Observer can first report. The fund, RCS Contrarian Office Fund, plans to lever-up and ultimately…
Developer El-Ad National Properties has paid $60 million for an oceanfront hotel in Fort Lauderdale, Fla., property records show. The 99-room Sea Club Resort sits on a 1.2-acre site at 619 North Fort Lauderdale Beach Boulevard, between Belmar and Auramar streets. The 54,982-square-foot building dates back to 1954.…
CBRE examines how beauty and specialty fitness sectors are reshaping retail real estate demand and tenant mix dynamics.
Florida Medical Space developed Gateway Medical Plaza in 2021 to meet the needs of a long-time client who was looking for a new, state-of-the-art headquarters to relocate its fertility center.
The two-story, 95,342-square-foot facility sits on approximately 2.63 acres and featured a layout designed to accommodate specialized operations.
Disclaimer: This is an excerpt from Trepp's July 2026 CMBS Special Servicing Report. To access the full report, click here. The Trepp commercial mortgage-backed securities (CMBS) special servicing overall rate declined 11 basis points in July to 11.09%, partially reversing the increases of recent months.
Bristol Myers Squibb (BMS) selected Houston as the site for a new, multi-modal manufacturing campus, representing an approximately $2.3 billion investment designed to accelerate the delivery of next-generation medicines to patients. The campus, at Generation Park in Houston, will create nearly 500 skilled jobs and…
Town Lane, a New York-based real estate investment management firm, has acquired a 23-property industrial outdoor storage (IOS) portfolio and launched a platform venture with Axis Partners, an Atlanta-based industrial owner and operator. The transaction includes an investment by Town Lane in the Axis operating…
Oxbow Development Group submitted plans to the city for 10 new retail buildings on either side of Avenue A. Along with completely new builds, the firm is seeking permission to demolish a vacant industrial building at 250 E. Grayson St.,. The new structures will add 85,000 square feet of space to the complex. The…
Hoopa Valley people launch new facility
Two hyperscale data center proposals in Florida made waves in county commission meetings and state politics, sending local governments into a moratorium frenzy and residents into skirmishes over the future of their communities. The developers behind those projects are equally splashy. A commercial rock-mining…
HOUSTON – (Realty News Report) – Bristol Myers Squibb announced plans to build a 600,000-SF pharmaceutical manufacturing campus in the Generation Park development in Northeast Houston. “This investment reflects our confidence in America’s continued leadership in biopharmaceutical innovation,” said Christopher…
DBJ&L and MRK Partners are working with the town of Opa-Locka to redevelop its historic downtown. The plan includes thousands of residential units and 275,000 square feet of retail. The S. Florida Business Journal reports the city’s community redevelopment agency voted in favor of a resolution that authorizes…
Cousins and Town Lane jointly funded a $20 million renovation of the Proscenium building, a 21-story office building in downtown Atlanta. The joint venture bought the building in 2024. The Atlanta Business Journal reports the building is now over 75% occupied. The capital improvements at Proscenium included a…