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REBusiness OnlineNews
JLL Secures $332M Refinancing for Luxury Multifamily Tower in Chicago
CHICAGO — JLL Capital Markets has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower. Standing 76 stories and 893 feet tall, the property is Chicago’s tallest rental tower, according to JLL. Located at 1210 S. Indiana Ave. along Grant Park, NEMA…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalChicago
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REBusiness Online
Bascom Group Acquires Value-Add Apartment Community in Buena Park, California for $53.1 million
BUENA PARK, CALIF. — The Bascom Group has acquired Castlewood Park Apartments, a 183-unit value-add multifamily property in Buena Park, for $53 million, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk and Jake Vitta of Institutional Property Advisors (IPA), a division of Marcus & Millichap,…
Capital MarketsMultifamilyU.S. NationalCalifornia
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June CPI Decelerates from May, Driven by Drop in Energy Index
U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% drop in the energy index drove the monthly all-items decrease, more than offsetting increases in indexes for shelter and food, the Bureau of Labor Statistics said Tuesday. The…
Capital MarketsEconomyU.S. NationalUnited States
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Amazon Rents 1.2M-SF Atlanta-Area Warehouse
Amazon leased 1,219,826 square feet at 1305 Highway 42 South, 20 miles southeast of Atlanta. PNK Group USA developed the site that was delivered in March. The Atlanta Business Chronicle reports the lease is likely the town’s largest so far this year. In addition to Amazon, PNK Group has attracted other tenants to…
Industrial & LogisticsU.S. NationalAtlanta
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Opryland Resort Continues to Grow
The massive Nashville hotel-and-entertainment Mecca is getting even more massive. The Gaylord Opryland Resort & Convention Center features 2,888 guest rooms, 20 restaurants, nine acres of indoor atriums featuring lush plants, winding pathways, and waterfalls with flatboat rides inside the hotel. Amenities include…
Capital MarketsHospitalityU.S. NationalNashville
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Grover Corlew Lands Refi on 223K-SF Deerfield Beach Office Park
Grover Corlew has refinanced Hillsboro Center, a 223,716-square-foot office park in Deerfield Beach, Fla. A two-year, $30 million senior loan was originated by BankUnited and arranged by JLL Capital Markets. Commercial Search reports Grover Corlew acquired the two-building office park in 2019 for $32.5 million from…
Capital MarketsOfficeDebt & FinancingU.S. NationalFlorida
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$563M Palmetto Hospital Reaches Construction Milestone
BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028. The Tampa Bay Business Journal reports the hospital will include 154 private patient rooms and can expand to over 200 beds as demand accelerates. Emergency care,…
Capital MarketsHealthcareU.S. NationalTampa
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Commercial ObserverNews
Noda Launches Agentic AI for Commercial Building Operations
Noda, a Washington D.C.-based artificial intelligence startup, has launched agentic AI technology designed to automate 24/7 commercial building operations and address industry-wide facility operator shortages by finding and fixing operational inefficiencies without human intervention. According to the company, across its deployed portfolio of 1,200 buildings totaling 350 million square feet, Noda has eliminated 80 percent of manual workflows, reduced issue resolution time by 40 percent, and customers report NOI growth of 0.5 to 2 percent with multiplier gains of 14x to 20x.
Capital MarketsPropTech & DataU.S. NationalNew York
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RedfinNews
Mortgage Rates to Fall as Cooler-Than-Expected Inflation Report Lowers Odds of a July Fed Rate Hike
Takeaway: Rates will fall today after an unexpectedly soft CPI inflation reading that will keep the Fed from hiking at the July 29th meeting. Inflation data comes in much lower than forecasters expected. Overall headline inflation came in at -0.4% month-over-month (3.5% annual) in June due to energy price declines.…
HomebuildersEconomyDebt & FinancingU.S. NationalUnited States
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Radius+
Why Self-Storage Teams Need Cleaner Data Before They Adopt AI
Artificial intelligence is becoming part of nearly every business conversation, and self-storage is no exception. Operators, developers, investors, lenders, and acquisition teams are all beginning to ask how AI can help them move faster, analyze more efficiently, and make stronger decisions. The opportunity is…
Self StoragePropTech & DataU.S. NationalUnited States
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NAHB — Eye on Housing
Inflation Cooled in June as Gas Prices Eased
Inflation slowed to 3.5% in June 2026 from 4.2% in May, driven primarily by a mid-June ceasefire agreement that stabilized oil markets and reduced energy prices, with gasoline prices falling 9.7% and the shelter index posting its smallest monthly increase since January 2021. The document notes that the relief was short-lived as the ceasefire collapsed in early July, pushing oil prices up 12% and renewing inflation concerns, while core CPI excluding food and energy rose 2.6% year-over-year in June.
HomebuildersEconomyU.S. NationalUnited States
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The RegistryNews
Natera Leases 20,000 SQFT at Ventas-Owned Genesis Tower in South San Francisco
Natera, the multibillion-dollar genetic testing company that moved its headquarters to Austin but kept its scientific core on the Peninsula, has leased 19,652 square feet at 2 Tower Place in South San Francisco, a Ventas-owned tower where the commitment lands as the company’s existing South San Francisco lease…
Life SciencesU.S. NationalAustin
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REBusiness Online
Two Cures for High Rent
By Jack Stone, managing director, Greysteel In the last week of June, two things happened in the American multifamily market that belong side by side: New York froze rents, and the Dallas Fed confirmed that Texas is drowning in apartments. One of those scenarios involves a market correcting itself. The other is a…
Capital MarketsMultifamilyU.S. NationalTexas
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Commercial ObserverNews
Gaia CEO Danny Fishman Grew the Development Firm by Looking Way Ahead
Danny Fishman, CEO and co-founder of GAIA Real Estate, built the firm into a prominent institutional investor managing over 80 properties, 20,000 residential units, and $4 billion in assets under management by acquiring distressed properties at steep discounts during market downturns, including a landmark 2012 partnership with Starwood Capital Group to acquire a 32-property, 9,500-unit Sun Belt multifamily portfolio for roughly $446 million that was later exited in 2022 for more than 15 times the investment. The article details Fishman's strategy of forward-looking deal-making, including his decision to relocate GAIA's headquarters from New York City to Miami in December 2025 and pursue development opportunities in South Florida through partnerships such as the $150 million MILAS fund with Moderno Development Group.
Capital MarketsU.S. NationalNew York
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Multifamily & Affordable Housing Business
Northmarq Arranges $22.9M for Affordable Housing Acquisition in Lawrence, Massachusetts
LAWRENCE, MASS. — Northmarq has arranged a Fannie Mae loan for approximately $22.9 million for Arrowpoint Properties’ acquisition of Elora Flats & Townhomes in Lawrence, 30 miles north of Boston. Northmarq’s… The post Northmarq Arranges $22.9M for Affordable Housing Acquisition in Lawrence, Massachusetts appeared…
MultifamilyAffordable HousingDebt & FinancingBostonMassachusetts
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Multifamily & Affordable Housing BusinessNews
Leasing Begins at 21 Hollywood in South Florida
HOLLYWOOD, FLA. — Starlife Group has launched pre-leasing at 21 Hollywood, a 200-unit luxury community in Hollywood, Florida. The 14-story mixed-use tower at 2100 N. Federal Highway includes 10,000 square… The post Leasing Begins at 21 Hollywood in South Florida appeared first on Multifamily & Affordable Housing…
MultifamilyAffordable HousingFloridaU.S. National
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Multifamily & Affordable Housing BusinessNews
Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties
ORLANDO, FLA. — Boston-based Taurus Investment Holdings has obtained an $85.4 million loan to refinance two Orlando-area assets, The Summit at Metrowest and The Legends at ChampionsGate. Matt Robbins, Mitch… The post Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties appeared first on Multifamily…
MultifamilyAffordable HousingDebt & FinancingBostonMassachusetts
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Redfin
Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation’s Strongest Buyer’s Markets
There were almost half a million more home sellers than buyers in the U.S. in June, equal to 48.5% more. That means buyers hold the negotiating power. The number of homes listed for sale hit its highest level since 2020–but more buyers entered the market, too, which is why the seller-buyer gap didn’t change much…
HomebuildersEconomySingle-Family RentalU.S. NationalMiami
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BisnowNews
'It's Game On': What Expansion Looks Like For Rose Associates In Northeast Multifamily Market
Rose Associates, a New York-based multifamily property manager, has more than 40,000 units under management. It’s already one of the largest firms in the region, but it's not stopping there. The firm is rapidly expanding its presence throughout the...
Capital MarketsMultifamilyU.S. NationalNew York
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BisnowNews
Denver Office Market Posts Best Absorption In 4 Years
Denver’s office market is still recovering from the pandemic, but second-quarter reports indicate it is shifting toward stabilization with positive net absorption. Office tenants took approximately 119,700 SF more than they vacated in Q2, according...
Capital MarketsOfficeU.S. NationalDenver
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BisnowNews
New Housing Law To Send Institutional Investors Flocking To Build-To-Rent
The new sweeping federal housing law is poised to fundamentally change the flow of institutional investment in the residential sector, potentially resulting in a rebound of construction of build-to-rent properties. The 21st Century Road to Housing Act...
Capital MarketsSingle-Family RentalU.S. NationalUnited States
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BisnowNews
Chicago Fire Stadium Nears $425M TIF Boost
Related Midwest may get a leg up to its development of the Chicago Fire's new stadium at The 78 after a city committee approved $425M in tax increment financing to help with infrastructure costs at the site.
Capital MarketsAlternativesU.S. NationalChicago
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BisnowNews
$30B Investment In Limbo After Attorneys General Sue To Stop Paramount, Warners Bros. Merger
Twelve attorneys general sued to stop the merger of Paramount and Warner Bros. Discovery, saying the union violates antitrust laws. The AGs have joined forces to block Paramount’s $111B grab for Warner Bros. Discovery, which would destroy competition...
Capital MarketsU.S. NationalUnited States
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Bisnow
Knight Frank Ireland Expands Under Sherry FitzGerald's Ownership
As the dust settles on one of the biggest Irish agency deals in years, Knight Frank Ireland is looking at expansion. Real estate adviser Knight Frank officially became part of Irish residential giant Sherry FitzGerald in mid-February after the Competition...
Capital MarketsREITsU.S. NationalIreland
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Seniors Housing BusinessNews
12 Oaks Senior Living Assumes Management of Community Near Houston
PEARLAND, Texas — 12 Oaks Senior Living has assumed management of The Reserve at Pearland, an assisted living and memory care community located in Pearland, about 20 miles southeast of Houston. … The post 12 Oaks Senior Living Assumes Management of Community Near Houston appeared first on Seniors Housing Business . ]]>
Senior HousingTexasU.S. National
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Seniors Housing BusinessNews
ASHA Board Approves New Member Organizations, Representatives
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) Board has announced new executive board member organizations, following its executive board meeting in June. ASHA’s board has approved Janus Living, Arcole… The post ASHA Board Approves New Member Organizations, Representatives appeared first on…
Senior HousingWashington, DCU.S. National
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Connect CRE
Chicago Industrial Vacancy Reaches Lowest Level in Two Years
A recent report from Savills details how manufacturing investment, logistics expansion and limited new supply are tightening Chicago’s industrial fundamentals heading into the second half of 2026. Highlights of the report include that vacancy fell to 6.9%, its lowest level in seven quarters and 90 basis points…
Capital MarketsIndustrial & LogisticsU.S. NationalChicago
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Commercial ObserverNews
Fashion Platform Orly Inks 20K-SF Office Lease at 20 West 33rd Street
Fashion platform Orly leased 20,014 square feet of office space at 20 West 33rd Street in Midtown South on a 10-year lease at $55 per square foot asking rent from landlord JLA Home. The company, founded in 1980 and managing over 20 brands including Aeropostale, Lucky Brand and Nine West, plans to relocate to the new space in early 2027 from its current headquarters located one block north.
OfficeU.S. NationalNew York
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Commercial ObserverNews
JPMorgan Funnels $205M to Refi Blackstone’s East Hotel in Miami
JPMorgan Chase provided a $205 million refinancing loan for Blackstone's East Miami hotel, a 39-story, 352-room property in the Brickell district that Blackstone acquired for approximately $300 million in 2025. The property, completed in 2016 and located within the Brickell City Centre mixed-use complex, represents the first debt loaded onto the asset and marks the second major South Florida hotel refinancing JPMorgan has provided to Blackstone in recent months.
Capital MarketsHospitalityDebt & FinancingU.S. NationalNew York
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Commercial ObserverNews
CBRE Adds Freddie Mac’s Robert Koontz to Lead Multifamily Debt Capital Markets
CBRE hired Robert Koontz, formerly head of multifamily capital markets at Freddie Mac where he spent 17 years, as head of multifamily debt capital markets effective July 6, 2026, to expand the brokerage's loan business and balance sheet strategies. According to CBRE's multifamily capital markets head, the company originated more than $30 billion in multifamily debt in 2025 with 2026 volume up 60 percent year-over-year.
Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York
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Commercial Observer
Midwood Buys Mixed-Use Building Across From Former Downtown Brooklyn Macy’s
Midwood Investment & Development purchased 423 Fulton Street in Downtown Brooklyn, a four-story mixed-use building with ground-floor Panda Express retail and office space occupied by Staywell Medical Group, for $9.5 million from an LLC that included real estate investor Ralph Braha and the Nakash family. The transaction occurred amid a retail resurgence in the neighborhood following plans to redevelop the former Macy's building across the street into a retail and amusement destination called BKX.
Capital MarketsRetailMultifamilyU.S. NationalNew York
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Propmodo
Rural Landowners Cash Out as AI Data Center Demand Surges
Pennsylvania families sold 1,700 acres for $586 million to Blackstone's QTS for data centers, creating a new class of rural multimillionaires. The post Rural Landowners Cash Out as AI Data Center Demand Surges appeared first on Propmodo . ]]>
PropTech & DataData CentersU.S. NationalPennsylvania
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Report: NYS Growth is Increasingly Concentrated Downstate
New York State remains one of the nation’s largest economic engines, but growth increasingly is concentrated downstate and in a few upstate urbanized employment centers, the Citizens Budget Commission (CBC) reported Monday. Outside the opportunity corridor, encompassing the New York City metro area and the Capital…
Capital MarketsEconomyU.S. NationalNew York
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Connect CRE
Greater Boston Lab Market Edges into Positive Territory for Q2 2026
The Greater Boston lab market posted its first quarter of positive net absorption in nearly a year for the second quarter of 2026, representing what CBRE called “a tentative sign of stabilization amid persistent headwinds.” Total market availability edged up 10 basis points from Q1 and 60 bps from Q2 2025 to 32.8%,…
Capital MarketsLife SciencesU.S. NationalBoston
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Bisnow
Brookfield Eyes Stake In $3.5B Manhattan Office Campus
Brookfield is in talks to take a 10% stake in Hudson Square Properties, a 13-building office complex on the West Side of Manhattan. The deal would value the 6.2M SF campus, which is positioning itself as a nucleus for tech and media tenants in the city,...
Capital MarketsOfficeU.S. NationalNew York
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BisnowNews
Meta Ups Investment To $50B For Its Largest Data Center Project
Social media giant Meta has expanded its already massive data center development in Richland Parish, Louisiana. The company announced Monday that its Hyperion data center campus will have 5 gigawatts of computing capacity and bring more than $50B...
Capital MarketsData CentersU.S. NationalLouisiana
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Multifamily & Affordable Housing BusinessNews
ROAD to Housing Act Clears Path for Affordable Housing Development
The affordable housing industry has spent years asking Congress for a federal response to the nation’s housing shortage. With the 21st Century ROAD to Housing Act having officially become law… The post ROAD to Housing Act Clears Path for Affordable Housing Development appeared first on Multifamily & Affordable…
MultifamilyAffordable HousingU.S. NationalUnited States
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