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CBRE arranged the sale of Talavera, a 293-unit apartment community in Folsom, to New York-based Sentinel Real Estate. Talavera was the first asset to become available in the Folsom submarket in four years. CBRE’s Marc Ross, Eli Hanacek, Joe McNamara and Claire Holt represented the sellers, USA Properties & Strand…

Newmark posted a strong quarter for revenue, driven by multifamily investment and office leasing on the coasts, but uncertain conditions ahead prompted the brokerage to hold its full-year guidance steady. The company brought in $888.4M in revenue in...

JLL arranges sale & financing of Ridge Pointe, featuring oversized floor plans and 20,000 square feet of amenities one mile from George Washington Bridge

Owner secures loan through Valley Bank for Midtown East office property

The 336-unit multifamily community is located in Burnsville’s vibrant Heart of the City

Houston’s Galleria will be the latest outpost for Canadian women’s fashion Aritzia. Indianapolis-based Simon Property Group, the mall’s owner, submitted a state filing detailing the store opening. It intends to spend $9 million to remodel and finish out the 19,000-square-foot space Aritzia will occupy. Work on the…
A development team made up of Slate Property Group, Hudson Companies and Volunteers of America has been chosen to create nearly 1,000 new homes upon a vacant parcel in Long Island City, Queens. The 70,000-square-foot development, at 54-42 Second Street, will be called the Orion, and two-thirds of its units will be…
The second Federal Open Market Committee (FOMC) meeting under new Federal Reserve Chair Kevin Warsh signaled another reality check of higher-for-longer interest rates to the commercial real estate industry. In a 9-3 vote, the FOMC maintained its benchmark interest rate Wednesday at between 3.5 percent and 3.75…

PCCP and Stonemont Financial Group are officially the new owners of a 5.9 million-square-foot industrial portfolio, Commercial Observer can first report. The joint venture acquired the 38 assets, located across 14 markets in 10 states, for upward of $1 billion with Blackstone as the seller, according to an article…

An artificial intelligence-driven infrastructure technology company is relocating its offices to Midtown. Philadelphia-based Treeswift signed a four-year, 7,487-square-foot lease on the entire 11th floor of the Hakimian Organization’s 256 West 38th Street in an expansion of its New York City operations, according…

Columbia Property Trust, Inc. has finalized more than 72,000 square feet of office and retail leasing at 1800 M Street, its recently repositioned 565,000-square-foot office tower in the heart of Washington, D.C.’s Central Business District. Over the past two years, Columbia has secured more than 242,000 square feet…

A Hyatt Place and a Hyatt Studios are slated to be built on Salt River Pima-Maricopa Indian land near Scottsdale along Loop 101. A groundbreaking was recently held for the Arizona Boardwalk Hyatt Place at Talking Stick (shown), a four-story, 142-room hotel that will be constructed adjacent to Arizona Boardwalk, the…

CenterSquare has acquired a significant portion of Geneva Commons, adding the property to its essential service retail portfolio. Geneva Commons is located along Randall Road, and the center includes over 80 retailers and restaurants spread over 418,000 square feet. CenterSquare purchased six buildings totaling…

MonticelloAM, along with a firm affiliate, closed a bridge loan for an apartment complex in McHenry, Illinois. The transaction was brought to MonticelloAM by Trent Niederberger of JLL Chicago. MonticelloAM Senior Managing Director Darryl Myrose worked with the JLL Chicago team on the origination of the transaction.…

California’s commercial real estate market is stabilizing as developers adapt to a prolonged higher-rate environment, according to the Summer 2026 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey released Wednesday. Although financing costs, construction expenses and broader economic…

Real estate private credit’s favorite Wall Street funding stream is on track for its most active year since 2021 — a sign that investors are growing more bullish on the sector’s outlook. Lenders issued $26 billion worth of collateralized loan obligations (CLOs) in the first half of 2026, according to KBRA. If it…

Redevco has expanded its UK industrial outdoor storage portfolio with the acquisition of a 560K SF logistics facility in Widnes. The 17-acre site is fully let to Jaguar Land Rover and operated by DHL, supporting supply chain operations for JLR's Halewood...

BXP has nearly pieced together all the money it needs for a new 930K SF office tower in Midtown Manhattan after closing on a $1.2B construction loan. The financing for 343 Madison Ave. was led by Wells Fargo, alongside Bank of America, Bank of New...

After years of planning, Trademark Property is finally prepared to break ground on its $135 million redevelopment of an Arlington retail center. Construction is slated to begin on the site formerly known as Lincoln Square on August 3, according to the Dallas Business Journal. Fort Worth-based Trademark has…

Baron Property Group (BPG) has secured $226.5 million to refinance a newly completed multifamily development in Hialeah, Fla. Madison Realty Capital and Yellowstone Real Estate provided the debt backing the 559-unit Metro Parc at 955 East 25th Street, about a block west of Metrorail and Tri-Rail transfer stations…
The Federal Reserve voted to hold its benchmark interest rate steady at 3.5% to 3.75% on Wednesday, maintaining the policy target range established in January. The decision was not unanimous, as three central bank officials dissented in favor of a quarter-point rate increase: Cleveland Fed President Beth Hammack,…

JLL announced that Lincoln Property Company’s Logistics Fund II has acquired Canyon Road Commerce Center, a 275,000-square-foot industrial campus in Pierce County, Washington. As part of the acquisition, Lincoln has appointed JLL as the property’s exclusive leasing agent, launching a leasing initiative aimed at…

Lario Investments is planning to build a mixed-use project in Denver’s Cherry Creek North area. The investor filed plans with the city to replace a three-story office building at 2702 E. 3rd Ave., built in 1966, with a five-story, 106,811-square-foot mixed-use building. The Denver Business Journal reports Lario…

BXP, Inc. has closed a $1.2-billion construction loan for the development of 343 Madison Ave., a planned 46-story, approximately 930,000-square-foot office tower in Midtown Manhattan with direct access to Grand Central Terminal’s Madison Concourse. The Boston-based REIT expects to complete the $2-billion project,…

A ULI-led roundtable found that more consistent building and resilience inputs could help owners, lenders, and insurers better evaluate physical risk, strengthen underwriting, and support investment choices.

CBRE outperformed industry expectations during the second quarter as its core earnings per share rose 30% on a 16% revenue increase thanks to a strong performance by the company’s infrastructure and data center services businesses. The world's largest...

Driftwood Capital secures financing for 300-room Hilton property in West Plano

MDH Partners acquires fully leased industrial property in highly competitive process

Cresce la quota di capitali internazionali. Aumenta l’attenzione verso comparti in trasformazione come residenze per studenti, Healthcare e Data Center.
Surging data center services revenue and a rebound in U.S. office leasing stood out in CBRE’s strong second-quarter results for 2026. During a Wednesday morning earnings call, the world’s largest commercial real estate services and investment firm reported $11.2 billion in second-quarter revenue, roughly in line…

Worth & Associates acquired The Commons at Concord Park, a four-building, 108,116 square-foot office campus located at 300 E. Sonterra Blvd in San Antonio’s Stone Oak submarket. It brings the company’s total owned portfolio to 3 million square feet. The Commons at Concord Park currently features 17,131 square feet…

BXP, the largest Class A office owner in the country, has landed a $1.2 billion construction loan to build its 930,000-square-foot office tower development at 343 Madison Avenue in Midtown, the real estate investment trust (REIT) announced Wednesday morning during its second-quarter earnings call. The financing for…

After months of heated debate about the redevelopment of the historic 20-acre Mars candy factory in Chicago, Ald. Chris Taliaferro hit the reset button on discussions between the community and developer. “Our meetings thus far have not been productive in that they have been controversial in nature,” Taliaferro told…

A new four-story, mixed-use development featuring apartments and a variety of shops, offices and restaurant space is planned for Downtown Arlington. Under the agreement between the city of Arlington and Wolverine Interests, Wolverine would invest at least $60 million by 2029 to redevelop the 500 and 600 blocks of…

Flexential purchased 110 acres in Kaufman County, Texas, to build its fourth and largest facility in the Dallas-Fort Worth metroplex. The planned 375,000-square-foot Phase 1 development, southeast of the DFW metro in Talty, has secured power to support 36 MW of capacity for wholesale and multi-tenant colocation…

Bill Ackman’s Pershing Square Foundation will pay $260 million to acquire two Upper West Side buildings that will house a brain research facility, according to published reports. The foundation acquired 125 West End Ave., which currently houses a 400,000-square-foot life sciences and research campus known as West…
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Another day, another potential data center company sale, this time involving the cleverly named “Netrality Data Centers.” Private equity behemoth TPG is in exclusive negotiations to acquire the Kansas City-based data center company, Bloomberg reported. The data center firm could be valued anywhere between $2…

A private California investor just spent upwards of $110 million to acquire a build-to-rent community in Phoenix. Scottsdale-based Cavan Companies sold Bungalows on Camelback, a 334-unit low-density residential community, to entities affiliated with Newport Beach-based Marlowe Moy of Golden Horizon Enterprises for…
Get a little place in Harlem and you’ll figure it out. Developers Richman Group and Monadnock Development — in a joint venture — have filed plans with the New York City Department of Buildings (DOB) to construct a 420-unit residential building at 243 East 125th Street in Manhattan’s East Harlem neighborhood. The…

Arrow Real Estate Advisors arranged an $85 million construction loan on behalf of Northlink Capital for the development of 7200 Collins Avenue, a 222-unit luxury condominium project in Miami Beach, Florida. The financing, provided by Deutsche Bank, refinances existing debt and will fund the ground-up construction…

PLANO, TEXAS — StreetLights Residential is underway on construction of a 22-story apartment building at 6501 Legacy Drive in Plano. The site spans 2.7 acres within the former J.C. Penney headquarters campus, and the development will have 261 one-, two- and three-bedroom units that will range in size from 682 to…

A Toronto-based real estate investment trust (REIT) has purchased an East New York, Brooklyn, medical facility for $89.9 million. Health care infrastructure REIT Vital Infrastructure Property Trust announced last week that it acquired the 142,249-square-foot East New York Health Hub at 101 Pennsylvania Avenue,…

Urban Logistics Realty acquired 53 acres of Harris Ranch in Denton, Texas. The acquisition of Harris Ranch will kickstart Phase I of an industrial development featuring five buildings totaling 656,007 square feet. The Phase I buildings will range in size from 69,000 to 193,000 square feet. The project offers a…

Stewards Inc. completed a $79 million refinancing of 1818 Park, its luxury multifamily residential community in downtown Hollywood, Florida. Multihousing News reports Stewards acquired 1818 Park last August for $190 million. 1818 Park is a 22-story luxury residential community offering studio, one-, two- and…

Core Spaces (Core) closed financing and broke ground on the Hub Athens Dougherty, a new 1,656-bed purpose-built student housing community located near University of Georgia set to deliver in 2028. Multifamily News reports Hub Athens Dougherty will include 536 units and 1,656 beds across a mid-rise development,…

White Lodging will break ground this month on a new Autograph Collection (Marriott) hotel in Charlotte’s South End neighborhood, marking the company’s fifth Autograph property in its national portfolio of more than 60 hotels. Situated at the intersection of South Tryon Street and Bland Street, the project is the…

AI-powered go-to-market platform Clay has committed to 44,000 square feet at The Swig Company’s historic Mills Building, adding another marquee technology name to a downtown San Francisco office market that artificial intelligence firms have pulled back from the brink. The Swig Company has signed a…

NEW YORK CITY — St. John’s University has sold its Staten Island Campus to Wagner College, whose main campus is located about a quarter of a mile away. The sales price was not disclosed, but the asking price was $35 million. The campus was originally the home of Notre Dame College, an independent women’s college…

HOUSTON — Marcus & Millichap has brokered the sale of a 124,000-square-foot healthcare property in the Spring Branch area of Houston. Originally constructed on a 4.3-acre site at 1615 Hillendahl Blvd. in 1965, the property formerly served as a 198-unit skilled nursing facility. Rod Llanos of Marcus & Millichap…

PLANO, TEXAS — San Francisco-based Shorenstein Investment Advisers has acquired The Tennyson, a 273,000-square-foot office property located northeast of Dallas in Plano. The two-building, 12-acre complex, which is located within the city’s Legacy submarket, was originally developed in 2012 as a build-to-suit for…

MERRILLVILLE, IND. — Colliers has arranged the sale of The Ridge Apartments in Merrillville within Northwest Indiana. Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner of Colliers represented the owner, Parkmont Group, a real estate investment and operating firm based in New York. Originally developed…

PUYALLUP, WASH. — Lincoln Property Co. has acquired Canyon Road Commerce Center, a 275,000-square-foot industrial campus in Washington’s Pierce County. Trammell Crow Co. and an affiliate of CBRE Investment Management sold the asset for an undisclosed price. Located at 5103-5223 136th Street E. in Puyallup, Canyon…

CHICAGO — Associated Bank has provided a $28.3 million loan to a joint venture between North Park Ventures and SNS Realty Group for the development of a transit-oriented apartment property on North Sheffield Avenue in Chicago. The loan included funds for the acquisition of the former Tortenson Glass Co., which…

ARLINGTON, TEXAS — A joint venture between Trademark Property Co. and Harrison Street Asset Management is scheduled to break ground Monday, Aug. 3 on Anthem, a $135 million redevelopment of the 43-year-old Lincoln Square shopping center in Arlington. InterBank is providing refinancing and construction financing for…
BOSTON — MassHousing has provided $26.4 million in financing for Beacon House, a 135-unit affordable housing property in Boston’s Beacon Hill neighborhood. The eight-story building was converted from a hotel to residential use in 1983. Of the 135 units, 117 are rentals that are subject to a range of income…

ORLANDO, FLA. — Capstone Building Corp. has begun construction on The Gateway, a 270-unit luxury apartment community located at 7250 Shadowridge Drive in Orlando. The design-build team includes developer JBL Development LLC and architect Baker Barrios Architects. Located near Airport Lakes Park, the five-story,…

BETHLEHEM, PA. — ShipBob has signed a 301,826-square-foot industrial lease in the Lehigh Valley city of Bethlehem. The provider of fulfillment services for the e-commerce industry is taking the entirety of the space at Building E at Lehigh Valley Trade Center, which was developed as part of the 171-acre park’s…
ROCHESTER HILLS, MICH. — Rally House has signed a 17,542-square-foot retail lease at Winchester Center in Rochester Hills. Greg Newman and Jason Orow of Keystone Commercial Real Estate arranged the lease. The center is home to retailers such as Dick’s Sporting Goods, Burlington and Marshalls. Rally House continues…

MARIETTA, GA. — Sterling Properties has acquired Merchants Walk, a 271,992-square-foot shopping center in Marietta, a northern suburb of Atlanta. The West Palm Beach-based private equity real estate investment firm purchased the shopping center from Washington, D.C.-based mixed-use developer and operator EDENS for…