PGIM Trades Tucson-Area Assisted Living Center for $23M

The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million. The buyer was Steller Senior Living. The seller was PGIM Real Estate. Built in 2018, the two-story assisted living facility contains 83,059 square feet on 3.42 acres in the Shadow Mountain…

First Washington Realty Expands PNW Presence, Acquires Evergreen Village

First Washington Realty (FWR) has acquired Evergreen Village, a 123,562-square-foot grocery-anchored community shopping center in Bellevue, Washington, expanding the firm’s Pacific Northwest portfolio to 2.3 million square feet. Anchored by a Safeway supermarket, Evergreen Village features a diverse mix of fitness…

BKM Capital Partners Acquires Kent Valley Light Industrial Portfolio

BKM Capital Partners has acquired a five-building Metro Seattle industrial portfolio. The assets, located in the market’s premier South King County industrial corridor, were acquired on behalf of BKM Industrial Value Fund III. Totaling 401,000 square feet across approximately 19 acres of infill industrial space,…

EQT Snags Three-Building Inland Empire East Portfolio

Cushman & Wakefield arranged the sale of a three-building industrial portfolio totaling approximately 667,024 square feet (sf) at Interchange Logistics Center in San Bernardino. Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan represented both the seller, Cabot Properties, and the buyer, EQT. Terms…

PCCP Provides $61M to Refinance 287-Unit DC Apartment Community

PCCP provided a $61.3 million loan to PGIM and Kennedy Wilson for the refinance of Parc Riverside East, a luxury mid-rise apartment community in the Navy Yard neighborhood of Washington, D.C. Built in 2014 and located at 1011 First Street SE, the 287-unit, 13-story property features studio, one-bedroom, and…

Data Intelligence Firm Curinos Takes 14K SF at Marx Realty’s 10 Grand Central

A Commercial Observer news brief from July 2026 reporting on a leasing transaction in which data intelligence firm Curinos leased 14,000 square feet of office space at 10 Grand Central, a property owned by Marx Realty in New York.

Bridges Development Group Buys Kingswood Center in Brooklyn for $31M

Iris Escarrá of Greenberg Traurig: 5 Questions

This is a profile interview published by Commercial Observer in July 2026 featuring Iris Escarrá of Greenberg Traurig, focusing on capital markets topics with national and New York scope.

Five Benefits Of Energy Upgrades in Affordable Housing

For people who live in, own or manage affordable housing, energy efficiency can offer significant benefits beyond energy savings. Research from the U.S. Dept. of Energy (DOE) shows that owners… The post Five Benefits Of Energy Upgrades in Affordable Housing appeared first on Multifamily & Affordable Housing…

Producer Price Inflation beyond Energy: “Core” PPI Accelerates to 4.7%, Services PPI to 4.6%. Lots of Inflation Going on in Here

This is an economic update published by Wolf Street on July 15, 2026, reporting on producer price inflation metrics, specifically noting core PPI at 4.7% and services PPI at 4.6%.

Is It Time to Proclaim San Francisco Is Back?

Disclaimer: This is an excerpt from Trepp's "Is It Time to Proclaim San Francisco Is Back?" paper. Click here to access it . After five years of headlines declaring San Francisco commercial real estate uninvestable, the narrative is beginning to shift. Leasing activity is accelerating, institutional capital is…

What RealPage’s Acquisition of Cherre Reveals About Its Strategy After the Antitrust Settlement

RealPage’s acquisition of Cherre strengthens its AI-driven real estate platform, uniting fragmented data and reinforcing its focus on governance and trust. The post What RealPage’s Acquisition of Cherre Reveals About Its Strategy After the Antitrust Settlement appeared first on Propmodo . ]]>

SRE Acquisitions Acquires 357-Room Fremont Marriott Silicon Valley for $53MM from Ashford Hospitality Trust

The Fremont Marriott Silicon Valley has changed hands for the first time in more than a decade, giving a Dallas-based hotel REIT working through its own mounting debt problems a fresh infusion of cash and handing a new owner one of the East Bay’s largest full-service hotels just as the city touts its rise as […]…

Private Equity Turns to Debt Investments to Add Multifamily Assets

U.S. multifamily advertised rents increased by an average of $4 in June to $1,763, continuing the recent trend of moderate growth, Yardi Matrix reported. Rents rose 0.7% during the second quarter of 2026 and 1.0% in the first half of the year. Both metrics fall well below the pace seen in both the immediate…

StreetLights Advancing Apartment Venture at Former Plano Office Campus

StreetLights Residential has secured $54 million in equity, along with $111.5 million in construction loans, for a new 22-story Plano apartment complex expected to open in 2029. The project will be part of the conversion of The Park of Legacy, a 107-acre office campus into a mixed-use development with apartments,…

Signorelli Reveals Two New Phases for New Caney’s Valley Ranch

The Signorelli Company announced Commerce District at Valley Ranch, a mixed-use destination that represents the next phase in the evolution of the 1,400-acre Valley Ranch master-planned community in New Caney, Texas. Situated on 55 acres, Commerce District will encompass 400,000 square feet of commercial…

Boeing Adding to Mesa Manufacturing Facility

A Mesa planning board will consider a nearly 268,000 proposed expansion to an existing Boeing manufacturing facility on the east side of Greenfield Road north of McDowell Road. (Photo courtesy of Todd Photographic Services) AZBEX reports the one-story building is proposed as a Boeing Fabrication Center, adjacent to…

Podcast | How AI Helps Brokers Prospect Smarter, with DealGround CEO Dan Mosher

Hochul Selects Developers to Build 1,127 Housing Units in Hell’s Kitchen

Thorofare Capital CEO Kevin Miller Exits Company After 17 Years

This is a news article published by Commercial Observer in July 2026 reporting on the departure of Kevin Miller from his role as CEO of Thorofare Capital after 17 years with the company. The article covers a capital markets leadership change affecting a New York-based firm.

Jewish High School Championed by Jeff Sutton Secures $30M in Construction Financing

L.A. County Property Values Hit $2.27 Trillion Despite Wildfires, Sluggish Market

This is a news article published by Commercial Observer in July 2026 reporting on property values in Los Angeles County, noting a total valuation of $2.27 trillion amid wildfire impacts and market conditions. The piece covers capital markets developments with national scope.

Restaurateur James O’Brien Bringing Wine Bar to Naftali’s Williamsburg Wharf

This is a news article published by Commercial Observer in July 2026 reporting on a leasing activity involving restaurateur James O'Brien opening a wine bar at Naftali's Williamsburg Wharf location in New York.

Travel + Leisure To Absorb 23 Resorts In Pair Of Acquisitions

Hospitality company Travel + Leisure Co., which owns more than 280 resorts around the globe, is purchasing 23 more through two separate acquisitions.

Tennessee Pursues Paramount As Studio Mulls California Exit

The Volunteer State is throwing its hat into the ring as a potential new home for Paramount as a legal battle rages over the company's $111B takeover of Warner Bros. Discovery.

FIRST DRAFT LIVE: NMHC President On What Happens Now That The Housing Bill Has Finally Passed

Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your...

Largest U.S. Grid Operator Sees Power Costs Soar By 60% Due To Data Center Development

The price of power is set to jump more than 60% for PJM, the largest electrical grid in the country, amid insatiable demand from data centers. “Demand for electricity continues to grow faster than electricity supply,” PJM CEO David Mills said in...

LTC Acquires Communities in Colorado, New Mexico for $73M

WESTLAKE VILLAGE, Calif. — LTC Properties has acquired two communities located in Colorado and New Mexico for a combined purchase price of $73 million. Harbert Management Corp. was the seller. Berkadia… The post LTC Acquires Communities in Colorado, New Mexico for $73M appeared first on Seniors Housing Business . ]]>

Pay Seniors Housing Operators What They’re Worth, Industry Executive Urges Owners, Investors

By Matt Valley At least half of all seniors housing operating companies don’t make a nickel off the management of their buildings, says Jerry Frumm, vice chairman of Senior Lifestyle,… The post Pay Seniors Housing Operators What They’re Worth, Industry Executive Urges Owners, Investors appeared first on Seniors…

SLIB Arranges Sale of 98-Bed Skilled Nursing Community in Eastern Tennessee

SEVIEVILLE, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a skilled nursing community located in Sevieville near the foothills of the Great Smoky Mountains. The facility is… The post SLIB Arranges Sale of 98-Bed Skilled Nursing Community in Eastern Tennessee appeared first on Seniors…

Cambridge Arranges $21.5M Bridge-to-HUD Financing for Kentucky Skilled Nursing Facility

CHICAGO — Cambridge Realty Capital has arranged $21.5 million in bridge-to-HUD acquisition financing for a skilled nursing facility totaling 108 beds in Kentucky. A regional commercial bank provided the first mortgage… The post Cambridge Arranges $21.5M Bridge-to-HUD Financing for Kentucky Skilled Nursing Facility…

How Albuquerque Reinvented Local Development Review

The city's overhaul of permitting, plan review, and long-range planning offers practical lessons for municipalities seeking to speed housing and commercial development.

Columbia CompStak (CCRI) Rent Index National Update: July 14, 2026

Commercial real estate rent data is only as useful as the methodology behind it. That’s why CompStak partnered with Columbia […] The post Columbia CompStak (CCRI) Rent Index National Update: July 14, 2026 appeared first on CompStak . ]]>

Blue Owl Lists SanDisk’s 578,000 SQFT Flash Memory HQ Campus in Milpitas Three Years After $192.5MM Sale-Leaseback

Blue Owl Capital has placed the five-building Milpitas R&D campus it bought from Western Digital in a 2023 sale-leaseback back on the market, offering investors a 12.5-year triple-net lease to SanDisk, 13 megawatts of power and more than $375 million of tenant capital sunk into flash memory laboratories now feeding…

San Francisco Cuts Inclusionary Housing Rate to 5%, Exempts Projects Under 24 Units

The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent and to exempt developments of fewer than 24 units entirely, delivering the market-rate half of a bargain that also sent a $125 million-a-year affordable housing fund to the…

Pinecroft Realty Refinances Two Metro Houston Medical Office Buildings Totaling 70,000 SF

SHENANDOAH AND RICHMOND, TEXAS — Pinecroft Realty has refinanced two medical office buildings totaling approximately 70,000 square feet in metro Houston. The loan amount(s) was not disclosed. The buildings include the 57,000-square-foot Vision Park Medical Office Building in Shenandoah, located north of Houston,…

JLL Arranges $76.8M Construction Loan for Multifamily Development in Jacksonville Beach

JACKSONVILLE BEACH, FLA. — JLL has arranged a $76.8 million construction loan for a 415-unit multifamily development in Jacksonville Beach. Mark West led the JLL team in arranging the four-year, floating-rate loan through Ameris Bank on behalf of the borrower, Trevato Development Group. Located along Beach…

Trinity Capital, Town Lane Begin Renovations for 15-Story Office Building in Uptown Charlotte

CHARLOTTE, N.C. — Trinity Capital Advisors and Town Lane have begun renovations on 440 South Church, a 15-story, 388,657-square-foot office building in Uptown Charlotte. Current tenants at the Class A property include Driven Brands and HDR Engineering. Updates to 440 South Church will include a redesigned lobby,…

CCI Real Estate Underway on 353-Bed Student Housing Development Near University of Georgia

ATHENS, GA. — CCI Real Estate has begun construction on 290 Lumpkin, a 353-bed student housing development located near the University of Georgia campus in Athens. The community is being developed in partnership with the Georgia Baptist Mission Board and will include ministry space for Baptist Collegiate…

Versal Negotiates Sale of 464-Unit Self-Storage Facility in Lubbock, Texas

LUBBOCK, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of All American Storage, a 464-unit facility located in the West Texas city of Lubbock. The facility spans 54,453 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the…

Cushman & Wakefield Arranges $95.7M in Financing for Metro Houston, Dallas Affordable Housing Portfolio

HUMBLE AND ROWLETT, TEXAS — Cushman & Wakefield has arranged $95.7 million in financing for a portfolio of two affordable housing properties totaling 626 units. Grove East is a 324-unit, garden-style property located in the northern Houston suburb of Humble, and Rowlett Station is a 302-unit midrise building…

Andover Properties Buys 134,500 SF Industrial Flex Building in San Antonio

SAN ANTONIO — Andover Properties has acquired Rail Drive Commerce Center, a 134,500-square-foot industrial flex building in northeast San Antonio. Completed in April and acquired by Andover in May, Rail Drive Commerce Center offers small-bay and flex spaces that are configured as move-in ready suites and feature…

Automotive Fluid Distributor to Invest $170M for Metro Atlanta Distribution Center

MCDONOUGH, GA. — Highline Warren, a distributor of cleaners and other fluids for the automotive and industrial sectors, has announced plans to invest $170 million in a new logistics hub in metro Atlanta. The Memphis-based company will build-out and occupy the former Zinus building, a 1.1 million-square-foot…

CBRE Brokers $77.5M Sale of Apartment Community in Oceanside, California

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller,…

Aerospace Firm Spending $75M on Orlando Plant

Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison represented Extant Aerospace securing the building. The Orlando Business Journal reports the new facility is part of the Harbour Logistics Center development, an…

Richland Capital Converting Tampa Offices to Warehouse Facility

Richland Capital Holdings broke ground on Lakeview Corporate Park, a new 310,000-square-foot logistics space, at 6700 Lakeview Center Drive. The Tampa Bay Business Journal reports the project will redevelop a three-story office building into two rear-load distribution buildings designed to serve a wide range of…

JLL Inks Heritage Plaza Leasing Deal

JLL has recently been selected as the exclusive leasing team for Heritage Plaza. The 1.15 million-square-foot, 51-story property is located at 1111 Bagby Street JLL’s Jon Dutton, Tyler Garrett, and Paul Frazier will lead leasing efforts on behalf of Brookfield Properties and AEW Capital Management. Heritage Plaza…

Budget Reconciliation 3.0: Another Legislative Push Before the Election

Congressional Republicans are pursuing a third budget reconciliation bill before the midterm elections to fund defense priorities and potentially advance election-security measures, using reconciliation to bypass the Senate filibuster. ]]>

Building Material Prices Continue to Rise Despite Energy Price Declines

This is an economic update published by NAHB's Eye on Housing in July 2026 covering building material price trends on national markets, noting that material costs continued to increase despite declining energy prices.

Baiju Bhatt’s Aetherflux, Now Cowboy Space, Leases 15,000 SQFT at 1710 Industrial Road in San Carlos

The space-based solar power startup founded by Robinhood co-founder Baiju Bhatt leased 14,825 square feet at 1710 Industrial Road in San Carlos, then renamed itself Cowboy Space Corporation and raised $275 million at a roughly $2 billion valuation, a sequence that placed a satellite company on the San Francisco Bay…

DeNardi Wang Homes Nears 216-Unit Condo Tower as Mountain View Moves to Sell Gamel Way

Mountain View is preparing to sell off an entire public street to clear the way for a seven-story, 216-condominium tower from DeNardi Wang Homes, doubling the size of a project the city first approved half a decade ago and marking the second time this year the city has agreed to relinquish a road for housing. […]…

San Francisco’s Office-to-Housing Pipeline Clears 300 Units as AI Rebound Squeezes Conversion Candidates

After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300 units this month, even as a resurgent tech market drives up building prices and threatens to shrink the supply of properties cheap enough to convert. San…

Cultivated Meat Company Upside Foods Leases 19,000 SQFT at 6101 Christie Avenue in Emeryville

Upside Foods, the cultivated meat company that raised more than $600 million at a billion-dollar valuation and then cut staff three times in 13 months, has leased 18,505 square feet at 6101 Christie Avenue in Emeryville, a lease that appeared on the Bay Area’s life sciences roster in the same quarter that a nearby…

Residents Buy 82-Space Alisal Country Estates Mobile Home Park in Salinas for $12MM

The residents of Salinas’ 82-space Alisal Country Estates Mobile Home Park have collectively purchased the property for $12 million, converting a rented-land community into one of the region’s first resident-owned parks and shielding dozens of farmworker and fixed-income households from the rent hikes reshaping the…

71,000 SQFT Class A Headquarters at Pleasanton’s Bernal Corporate Park Hits the Market, Leased to Rimini Street Through 2027

A freestanding, three-story Class A office building in Pleasanton’s Bernal Corporate Park has hit the market as a rare owner-user opportunity, fully occupied by Rimini Street under a lease that runs into January 2027 in a submarket where roughly two of every five Class A square feet sit empty. The…

The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet

A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards and equipment lots, industrial outdoor storage has become one of commercial real estate’s most aggressively capitalized sectors — and the executives closest to it say the valuation gap…

Gantry Arranges $11.5M Loan for Refinancing of Long Island Self-Storage Facility

ISLAND PARK, N.Y. — San Francisco-based intermediary Gantry has arranged an $11.5 million loan for the refinancing of a 740-unit self-storage facility located in the Long Island township of Island Park. Public Storage operates the three-story, climate-controlled facility. Robert Slatt and Alex Poulos of Gantry…

JLL Arranges $28.2M Sale of Westwood Town Center in Suburban Cleveland

ROCKY RIVER, OHIO — JLL Capital Markets has arranged the $28.2 million sale of Westwood Town Center, a shopping center in Rocky River near Cleveland. Built in 1988, the property totals 226,155 square feet. Anchor tenants include Home Depot, which accounts for 30 percent of income and recently extended its lease,…

ARKA Properties Groups Purchases 98,820 SF Industrial Building in Sandy, Utah

SANDY, UTAH — ARKA Properties Group has purchased a 98,820-square-foot industrial property located on Parkland Drive in the Salt Lake City metro area from a Southern California-based private developer. Lucas Burbank, Jeff Heaton, Kyle Roberts and Kelsie Akiyama of the DRAY Logistics Group at Newmark Mountain West…

CBRE Brokers $77.5M Sale of Multifamily Community in Oceanside, California

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, a multifamily community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller,…