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Berkeley, Calif. — A joint venture between Canyon Partners Real Estate, The Martin Group and Valiance Capital has completed The Valiant, a 265-bed student housing development located near the University of… The post Joint Venture Completes 265-Bed Development Near University of California, Berkeley appeared first…
Largest deal to date for the energy storage firm
The Metropolitan Transportation Authority (MTA) and Mayor Zohran Mamdani are considering high tech options to transfer heat out of subway stations and into the buildings above, in what would likely be a complicated and pricey infrastructure project. Still, city officials and the MTA believe it could be worth it to…
An East Side school district is moving forward on its efforts to provide affordable housing for teachers and other employees. Alum Rock Union School District’s $71.5 million bond known as Measure S is materializing five years after voters approved it to fund workforce housing and other capital improvements. Since…
Follows growing scrutiny from state regulators
This is a monster-sized post because the largest real estate brokerage company in the world is gaslighting us about private listings. It will be interesting to see if the inquiries by the House Judiciary Committee and Senator Warren will mean anything. Compass is launching its “Fall Marketing Playbook,” which…
MESA, ARIZ. — Garrett Cos. has completed construction of Emblem Mesa, a 248-unit multifamily project located at 1340 S. 48th St. in Mesa’s East Valley submarket. Situated on 14.3 acres, the garden-style development features 13 two- and three-story residential buildings with detached garages and covered parking…
GILBERT, ARIZ. — Grocer Safeway has opened a 64,000-square-foot store at The Gilmore, a 35-acre mixed-use development by Thompson Thrift that is located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million project, which is set to feature 300 luxury apartments, a hotel and roughly 200,000 square…
A cluster of single-family homes on 1-acre lots and vacant parcels near Baptist Hospital of Miami are slated for redevelopment with more than 200 apartments, proposals that riled up hundreds of neighbors in a pocket of Kendall. Four planned projects range from three to five stories, in a less than two-block area…
Trinity Investments sold the Grande Lakes Orlando Resort, a 409-acre luxury complex anchored by a 582-key Ritz-Carlton (shown) and a 1,010-key JW Marriott, for $1.38 billion to Ryman Hospitality Properties, Inc. Trinity acquired the resort in December 2018 for $870 million, with financial backing from Elliott…
Stream Realty Partners has been awarded the leasing assignment for Cummins Station, a more than 400,000-square-foot adaptive reuse office property located at 209 10th Ave. S in Nashville’s Urban Core. DZL Management is the owner of Cummins Station. Originally constructed as a rail terminal and warehouse, Cummins…
Wage growth for residential building workers continued to lose momentum in the second quarter of 2026, reflecting softer housing construction activity and weaker labor demand. According to the latest data from the U.S. Bureau of Labor Statistics, both nominal and inflation-adjusted wages have weakened further,…
The National Association of Home Builders (NAHB) has released its State Projections of Remodeling (SPR) for the first quarter of 2026. As a reminder, the SPR provides on a quarterly basis a state-level estimation of the market share and total dollar value of remodeling spending. The SPR is a statistical model…
New York-based private equity group OceanSound Partners has expanded by more than 10,000 square feet at SL Green Realty’s 450 Park Avenue office tower in Midtown. A new five-year lease secured OceanSound 32,032 square feet across the entire eighth, 22nd and 23rd floors of the office tower at the corner of Park…
HOUSTON — Fairfield Residential has completed 1010 Waugh, a 340-unit multifamily project in Houston’s Montrose district. Designed by Dallas-based KTGY, the 14-story building offers studio, one- and two-bedroom units that range in size from 539 to 1,612 square feet. Residences are furnished with stainless steel…
ATLANTA — Eldridge Capital Management has provided a $278 million loan to refinance Ten Twenty Spring, a 540,000-square-foot office tower located in Midtown Atlanta. Locally based Portman and funds affiliated with Blackstone Real Estate own the 25-story tower, which anchors Portman’s Spring Quarter mixed-use…
WASHINGTON, D.C. — Total nonfarm employment in the United States decreased by 23,000 jobs in July, according to the U.S. Bureau of Labor Statistics (BLS). Not only did July show an unexpected decline from the 83,000-figure forecasted by Dow Jones economists as reported by CNBC, but the BLS also revised both May and…
HORSE CAVE, KY. — Huff, Niehaus & Associates has brokered the sale of Quality Inn & Suites, a 68-room hotel located at 425 Flint Ridge Road in Horse Cave. Huff, Niehaus & Associates represented the undisclosed buyer in the transaction. The seller and sales price were also not disclosed. The property, which sits…
CYPRESS, TEXAS — Newmark has arranged a $52 million loan for the refinancing of Cantera at Towne Lake, a 366-unit multifamily property in the northwestern Houston metro of Cypress. Built in 2008 within the Towne Lake master-planned community, the property offers one-, two- and three-bedroom units and amenities such…
ST. CLOUD, FLA. — Berkadia has arranged $19.1 million in acquisition financing for Ibis Park at Harmony West, a newly constructed, build-to-rent (BTR) residential community located at 7110 Sandhill Crane Way in St. Cloud, about 28 miles south of Orlando. Brad Williamson, Kyle Ryan, Mitch Sinberg, Scott Wadler and…
Wilton Manors, FLORIDA, Aug. 10, 2026 (GLOBE NEWSWIRE) -- More than three-quarters (76%) of LGBTQ+ people have avoided, would avoid, or have previously considered avoiding certain areas because of fears of discrimination, according to research commissioned by GayRealEstate.com .
DUNCANVILLE, TEXAS — Zenith IOS (industrial outdoor storage) has acquired a 14.9-acre facility in Duncanville, a southern suburb of Dallas. The crane-served property at 1200 N. Main St. houses a 49,000-square-foot, tilt-wall building with nine drive-through bays and four drive-in doors. Andrew Wieseman of…
Software and computing giant Qualcomm is expanding its Austin footprint. The chipmaker filed plans to build out an additional floor of office space at Parmer 4.1, a 188,000-square-foot office building at 13929 Center Lake Drive. The 70,000-square-foot expansion brings the San Diego-based company’s footprint at the…
El último informe Inforenta de TOCTOC muestra que el tiempo promedio de publicación bajó de 50 a 30 días. Además, la comuna concentra más de 7.300 unidades Multifamily en construcción y con permisos aprobados. Por Tomás Rodríguez Botto La oferta de viviendas en arriendo en La Florida comienza a mostrar señales de…
NEW YORK CITY — Baker McKenzie has signed an office lease renewal and expansion in Midtown Manhattan. The law firm now occupies 121,833 square feet across more than seven floors at 10 Bryant, a 30-story building located at 452 Fifth Ave. Paul Glickman, Ben Bass and Kate Roush of JLL represented the landlord,…
HUNTINGTON STATION, N.Y. — Silver Arch Capital Partners, a New Jersey-based private lender, has provided $5.6 million in financing for a 16-unit apartment building in Huntington Station, located on Long Island. The building, the address of which was not disclosed, also includes two ground-floor retail spaces. The…
FOREST PARK, ILL. — Newmark has negotiated a long-term, full-building industrial lease totaling 150,316 square feet at 7801 Industrial Drive in Forest Park on behalf of Dynamic Manufacturing. Corey Chase of Newmark represented the tenant. First Industrial Realty Trust Inc. is the landlord. Dynamic Manufacturing…
FLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of Long Prairie Plaza, a 17,107-square-foot retail strip center in Flower Mound, located in the northern-central part of the metroplex. Built in 2022, the center was fully leased at the time of sale to tenants such as Active Dental, Teacupfuls, Fiore…
TUSTIN, CALIF. — USA Properties Fund, in partnership with Irvine Co., has started construction on Terracina at Tustin Legacy, a 338-unit affordable housing community located southeast of Anaheim in Tustin. The community sits within a 1,600-acre master-planned development that is transforming a former Marine Corps…
COLUMBUS, OHIO — Trident Capital Group and O’Connor Capital Partners have closed a joint venture with Clarion Partners for the third phase of Rickenbacker Industrial Center in Columbus. The 959,579-square-foot speculative industrial facility will be located at 1669 Rohr Road. Construction has begun, and completion…
NATICK, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $7 million sale of a 24,448-square-foot office and retail building in the western Boston suburb of Natick. According to LoopNet Inc., the building at 801 Worcester St. was completed in 1985. Bernard Gibbons of ABG Commercial…
OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette,…
If you’ve been watching the Charlotte multifamily market for the past 24 months, you’ve probably felt a little whiplash. We delivered a historic wave of new supply, somewhere north of 32,500 units across 2024 and 2025 combined, and a lot of the headlines focused on the same thing: concessions, occupancy pressure…
GOLDEN, COLO. — Monarch Investment & Management Group has sold Fox Hill Apartments, a 153-unit garden-style multifamily community located west of Denver in Golden. Sierra Parkway Communities acquired the asset for $32 million. Jordan Robbins, Wick Kirby, Alex Possick and Seth Gallman of JLL Capital Markets…
BURNSVILLE, MINN. — JLL Capital Markets has arranged the sale of Twelve 501 Apartments, a 336-unit multifamily community in the Twin Cities suburb of Burnsville. Built in 1986 and extensively renovated beginning in 2017, the property features large layouts and a variety of amenities. The four-story asset is…
JERSEY CITY, N.J. — A partnership between LanTree Developments, Altree Developments Inc., Lanterra Developments Inc. and Westdale Properties, has begun leasing West Side Square, a 477-unit apartment community in Jersey City. West Side Square houses 203 studios, 232 one-bedroom units, 29 two-bedroom apartments and…
GILBERT, ARIZ. — Safeway has opened a 64,000-square-foot location at The Gilmore, a 35-acre mixed-use development by Thompson Thrift located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million project, which is set to feature 300 luxury apartments, a hotel and roughly 200,000 square feet of…
MESA, ARIZ. — Garrett Cos., with Ware Malcomb as architectural designer, has completed construction of Emblem Mesa, a 248-unit multifamily community located at 1340 S. 48th St. in Mesa’s East Valley submarket. Situated on 14.27 acres, the garden-style development features 13 two- and three-story residential…
Federal Realty Investment Trust told analysts its Lot 12 residential project at San Jose's Santana Row remains on time and on budget for a late 2027 delivery, part of an 800-unit densification effort the trust showcased at its June Investor Day at the Silicon Valley flagship. The post Federal Realty Advances…
Mochila Fulfillment has committed to staying put in West Sacramento, renewing 165,342 square feet at Southport Business Park in a quarter when renewals did more to stabilize Sacramento’s industrial market than any new deal. A third-party logistics operator extended its lease at 2935 Ramco Street, according to…
Wholesale tile distributor MIR Mosaic is trading its longtime San Jose base for a larger building at Morgan Hill's Butterfield 5 industrial park, joining a wave of manufacturers and advanced-technology tenants staking out room to grow at the southern edge of Silicon Valley. The post MIR Mosaic Relocates…
A century-old utility built to sell less electricity has stood up an economic-development team to court AI data centers, but the contest now hinges on whether PG&E can deliver power fast enough — and cheaply enough — to keep the investment from flowing to Texas and Arizona. The post PG&E Chases 12.7 GW of AI Data…
Rainbow Housing Assistance Corp. closed on a $35.2 million acquisition of City Towers, a 231-unit high-rise complex in West Oakland, preserving the property’s affordability for low-income residents as its previous owner exited the investment after two decades. Hundreds of low-income units at a West Oakland…
Six years after San Jose blessed one of its most ambitious suburban makeovers, the owner of Cambrian Park Plaza is asking the city for more time and a smaller first bite, conceding that the fully approved plan does not pencil out in today’s market. Kimco Realty, which inherited the 17-acre Cambrian Park Plaza site…
By John Cumbelich Our firm recently completed a Q2 survey of the region’s 25 flagship Power Centers, in which we reported that occupancy levels across the Northern California region reached their highest levels in 4+ years. Across a 13 million square foot cross section of the region’s top retail assets, occupancy…
Visit Tri-Valley has pitched a $365 million convention, sports and performing-arts complex beside the Dublin/Pleasanton BART station, but a privately owned venue leaning on public dollars has already run into resistance from cash-strapped Pleasanton. The post Visit Tri-Valley Floats $365MM, 100,000 SQFT Event…
Developer will instead pursue residential development
Across the 50 largest commercial mortgage-backed securities (CMBS) markets, $45.8 billion of $393.5 billion in outstanding balance is currently distressed, a balance-weighted rate of 11.6 percent, according to CRED iQ data. Minneapolis, Denver and Oklahoma City lead the distress rankings at 55.1 percent, 35.9…
Obelisk Real Estate Partners has secured $86.2 million to finance the acquisition of a three-building industrial portfolio in Charleston, South Carolina, Commercial Observer can first report. Barings provided the debt, while JLL’s Peter Rotchford, Christopher Peck, and Nicholas Thorton arranged the transaction. The…
COLUMBUS, OHIO — The NRP Group has broken ground on OSU East, a 336-unit community in Northwest Columbus. The project is situated on a 27.5-acre site on West Dublin Granville… The post The NRP Group Breaks Ground on OSU East Alongside For-Sale Development in Columbus, Ohio appeared first on Multifamily & Affordable…
SYRACUSE, N.Y. — BFC Partners and SAA Canopy Group have obtained $269 in financing for the redevelopment of the Parkside Commons housing complex in Syracuse. The developers will deliver 393… The post BFC Partners and SAA Canopy Group Secure $269M to Finance Affordable Housing Redevelopment in Syracuse, New York…
RENO, NEV. — Newmark has arranged a $33.5 million Fannie Mae loan to refinance Ascent on Steamboat, a 204-unit community in Reno owned by Elan Multifamily Investments. Newmark’s Lowell Takahashi… The post Newmark Arranges $33.5M Fannie Mae Loan for Ascent on Steamboat in Reno, Nevada appeared first on Multifamily &…
NAPLES, FLA. — The Inland Real Estate Group of Cos. has sold Orchid Run, a 282-unit property in Naples, to Cardone Capital, a Miami-based firm founded by real estate investor… The post Berkadia Arranges $89.8M Trade in Naples, Florida appeared first on Multifamily & Affordable Housing Business .
Revitalization Unlimited has hoped to demolish former newspaper building
Local developer files to convert portion of 300 West Adams to data center use
🏆 Residential: Hillsboro Beach had the priciest recorded home sale in the region. Car dealership executive Mike Manley sold the 9,000-square-foot home at 955 Hillsboro Mile, which is on the Atlantic Ocean and Intracoastal Waterway, for $14.5 million. The buyers were developers Ulises and Milexys Fernandez and U.R.…
NASHVILLE, Tenn., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced that it has commenced an underwritten registered public offering (the “Offering”) of 5,100,000 shares of its common stock, par value $0.01 per share. The Company expects to grant the…
If built, it could be the largest natural gas plant in US at 7.65GW
An increase of 3.5GW from last quarter
On May 21, shortly before Memorial Day weekend, participants in public real estate markets awoke to a truly remarkable headline. AvalonBay Communities, the owner of 98,000 apartments and with a market capitalization of $25 billion, would be merging with Equity Residential, one of the oldest real estate investment…