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Sack Capital Partners, a San Francisco-based real estate investment and management firm, and Align Finance Partners have closed structured financing for Step Up Housing’s acquisition of two California multifamily communities: Copper Creek, a 268-unit community in Sacramento; and Terramonte at Foothill, a 138-unit…

The Durst Organization has signed :3Coffee Roasters to a 1,232-square-foot lease for a new retail location at 30 Halletts Point in Astoria, Queens. Expected to open later this year, the new shop marks an expansion for the family-owned business and its second Astoria location. It will also be the first retail at 20…

Pennrose held the grand opening of Forge, a new mixed-income rental community for individuals and families in Lenox, MA. The community features 65 apartment units across 13 townhome-style buildings, along with a modern clubhouse and shared amenity spaces. “With few affordable housing options in the area, Forge will…

CBRE announced it arranged $67.4 million in financing for Forge North First, a mixed-phase industrial/R&D campus and advanced manufacturing development in San Jose’s Golden Triangle submarket. Mike Walker, Brad Zampa, and Andy Gross of CBRE’s Debt & Structured Finance team in San Francisco arranged the five-year…

Marcus & Millichap arranged the sale of 251 North Ave. W., a mixed-use property in Westfield, NJ, for $5,260,000. Alan Cafiero, David Cafiero and Damien Rance of Marcus & Millichap exclusively marketed the property on behalf of the seller and procured the private buyer. “Downtown Westfield continues to be one of…

The developer and dozens of contractors behind an exclusive residential enclave in Central Florida settled shoddy construction claims for $26.5 million. It’s not the largest construction-defect settlement in Florida, but at $2.7 million per unit across the 10 townhomes at Park Hill in Winter Park, it may be among…
K. Hovnanian Homes celebrates groundbreaking for Terraces at Absecon Inlet, 38 new waterfront townhomes in Atlantic City.

Illinois is projecting a 40% growth in the 65-and-over population by 2035. Developers face financing hurdles in creating senior housing solutions.
Research examining the origins, methodologies, and uses of market tier and ranking systems for evaluating and prioritizing U.S. metropolitan regions for commercial real estate investment.
Analysis of capital investment strategies and their potential to generate competitive advantages in commercial real estate, drawing from trade publication coverage and industry interviews.
The steady climb of commercial property assessed clean energy (C-PACE) financing around the U.S. has made its way to one of Boston’s tallest buildings. Millennium Partners has secured a $281 million C-PACE loan to implement energy efficiency upgrades at the 62-story Winthrop Center in Downtown Boston, the developer…

Brooklyn-based Heights Advisors has filed a land use application to build 606 mixed-income apartments in the Soundview section of the Bronx. The 21-story, 515,000-quare-foot mixed-use building at 945 White Plains Rd. would rise on a site currently occupied by a low-rise retail building housing Modell’s Sporting…

Entre Commercial Realty completed the lease of a 20,500 square foot industrial building located at 1275 Kyle Court in Wauconda, Illinois. The freestanding industrial facility features 20-foot clear heights, two exterior loading docks, and one drive-in door. Brian Bocci, SIOR, and Jack Steineke of Entre Commercial…

MassDevelopment, Nuveen Green Capital and Millennium Partners announced $281 million in private financing for the Millennium Residences at Winthrop Center at 115 Federal St. in downtown Boston under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This project is believed to represent the…

CEDARst Companies has closed on construction financing and launched construction on a 197-unit multifamily development, The Samuel, located at the corner of Adams Avenue and Idaho Street in San Diego’s North Park neighborhood. CrossHarbor Capital Partners provided an $80,000,000 construction loan for the project.…

GREA announced the sale of Glenwood Station, a newly delivered 159,000-square-foot, 86-unit luxury apartment development located in downtown Glen Ellyn, Illinois. The transit-oriented property was developed by Holladay Properties and opened to residents in the spring of 2025. The GREA Chicago team of Christopher…

29th Street Capital (29SC) has acquired Chestnut Heights Townhomes, a 161-unit townhome community located in Olathe, Kansas. The property will be managed by 29th Street Living, the company’s property management platform. 29SC partnered with Basis Investment Group’s BIG Equity Value-Add Fund II for LP equity for the…

Breakthrough Properties, a joint venture between Tishman Speyer and Bellco Capital, has acquired a recently delivered biomanufacturing facility at 215 Shuksan Way in Everett, Washington, just outside of Seattle. The joint venture acquired the 270,000-square-foot property for $78 million from its second life science…

J.G. Petrucci Company, Inc. and BGO Cold Chain announced that Freshpet has leased the entire 216,000-square-foot cold storage development at 757 Hellertown Road in Bethlehem, Pennsylvania. The facility is scheduled for on-time and on-budget completion by the end of the year, and the property was developed through a…

Primoris Services, a Fortune 500 provider of critical infrastructure services Sugar has signed a 25,352-square-foot office lease at Sugar Land Town Square. The announcement comes as Sugar Land Town Square undergoes a significant redevelopment initiative designed to elevate the tenant experience and further…

HBK CPAs & Consultants has signed a lease with Hill Management Services, Inc. for 7,168 square feet of space and recently relocated its Baltimore regional office, together with 15 employees, to the Executive Plaza complex in Hunt Valley, Maryland. Danielle Bridge of Hill Management Services represented the…

Mega mall landlord Mike Kohan is at risk of losing half a Chicago Loop office building he just seized from financial distress. A strange dispute at 33 West Monroe Street escalated into a court battle between ground landlord Baptist Theological Union and Kohan, a Great Neck, New York-based investor whose main…

Hoque Global is polishing off work on the infrastructure portion of the 280-acre University Hills project close to the University of North Texas at Dallas. The company announced that it completed the infrastructure portion of the billion-dollar mixed-use development on Aug. 3, completing the first phase of the…

Also this week, Zuckerman Gravely refinances a Potomac shopping center, the Washington Commanders select their stadium contracting team, and more.

Varia US joins Brookfield in a $694M joint venture focusing on high-quality U.S. multifamily properties.

Discover how strong narratives drive success in adaptive reuse, unlocking funding and growth in DFW.

Interdisciplinary design firm HGA has completed the Richard M. Schulze Surgical and Critical Care Center, a 10-story, 620,000-square-foot addition to Abbott Northwestern Hospital housing 190 private inpatient rooms. The design firm worked with Allina Health to integrate new critical care spaces, including 30…

A New York investor is seeking $41.7M for 3 New Jersey office buildings with roughly 90% occupancy.

Fancy a trip to the Boardwalk? A pair of New York-based real estate development and investment firms — Nalcorp and Clipper Equity — have acquired a land parcel at 2015 Boardwalk West, an oceanfront development in Coney Island, Brooklyn, from seller Bath Site LLC for $20 million, broker TerraCRG announced Friday.…
Housing isn’t making anyone happy these days. In a survey of more than 100 principals and executives across private real estate investment firms, Berkadia found that 61 percent of respondents characterized their outlook for the multifamily market in the second half of 2026 as negative, Commercial Observer can first…
Fortress Investment Group has rescued Al Rayyan Tourism Investment Company (ARTIC)’s St. Regis Bal Harbour Resort out of special servicing, supplying a $263 million loan to refinance the oceanfront property. The New York-based lender assumed $188 million in existing debt and added $70 million in new debt backing…

Vacancy rates in The Woodlands area grew slightly in retail and industrial sectors in August, while the office sector saw a slight decrease when compared to the third quarter of 2025, according to commercial real estate data from Caldwell Cos. Community Impact reports that rental rates per square foot for retail…

Rising heat and water scarcity risks for global real estate and insurers.

Atlantic Management sold the North Reading property after signing Amazon to a full-building lease last year.
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The Trepp Commercial Mortgage-Backed Securities (CMBS) Delinquency Rate increased 51 basis points to 7.86% in July, as the total balance of delinquent loans rose by $3.52 billion to $47.5 billion. Among the loans that became newly delinquent during the month were 30 multifamily loans totaling $509.3 million. A…

As seen in New Jersey, redevelopment and demolition remove obsolete office buildings from the market, while communities are rethinking how aging commercial properties can better serve changing economic and demographic realities.

Primoris Services is moving into the top floor of the Sugar Land Town Square’s Town Square One in the Houston suburb. The Dallas-based specialty construction and engineering company locked in a 25,352-square-foot, 10-year lease in the office space that was formerly occupied by Minute Maid, according to the Houston…
New York-based real estate management and development firm First Pioneer Properties, along with ABS Partners Real Estate, has acquired a Queens retail center from Levy Properties for $23.5 million, property records made public Thursday show. The one-story property at 213-04 Northern Boulevard in Bayside is…

Pinnacle Group has offloaded a $128 million residential and retail condominium portfolio in New York City, less than a year after selling off its rent-stabilized assets. The massive trade, filed in city records this week, spanned 39 transactions across Queens, Brooklyn and Manhattan. It included nearly 750…

Kurv Industrial is proposing a sweeping redevelopment of the fully vacant Ford City Mall with a smattering of warehouses and distribution buildings. The company is planning to formally present the plans to the Chicago Plan Commission on Aug. 20, but the plans have drawn the ire of West Lawn residents. Chicago-based…

Logistics Plus has signed a 744,452-square-foot industrial lease in the southern Dallas suburb of Wilmer. The Pennsylvania-based provider of freight and fulfillment services will occupy the entire Building 2 within the Southport Logistics Center, an approximately 1.5 million-square-foot development. Building 2…

Varia US Properties AG, the Swiss-listed investor in the U.S. multifamily sector, externally managed by Stoneweg, an SWI Group Company, has formed a US$693.9 million two-vehicle joint venture with affiliates of Brookfield Asset Management for 13 of Varia’s 17-property U.S. multifamily portfolio. The JV provides…

The buzzword at this year’s Connect CRE Texas Multifamily conference was a dirty one: fraud. As industry experts gathered at the Joule in Downtown Dallas to discuss the Lone Star State’s once-blazing apartment market, conversations among the event’s panelists repeatedly visited the sorry state of Texas’ Class C…

Arizona State University is adding an upscale hotel in the heart of its Main Street entertainment district. Novus Innovation Corridor will be the site for a seven-story, 116,855-square-foot property that will be part of Marriott Bonvoy’s Tribute Portfolio. The hotel will feature 168 guest rooms, a rooftop pool and…

Partners Real Estate represented AI Prefab Solutions, a Texas-based critical-infrastructure manufacturer, in its lease of a new 196,523-sq.-ft. Class A facility in Hutto, Texas. The facility, known as Innovation 8, stretches just under three football fields in length and will serve as the company’s headquarters and…

A Golden apartment complex traded hands in a rare multifamily sale in the Denver suburb. Las Vegas-based Sierra Parkway Communities bought the Fox Hill Apartments, a 153-unit community at 17611 West 16th Avenue in Golden, for $32 million, the Denver Business Journal reported. The price pencils out to $209,000 per…

Amwins Group plans to build a 15-story, 250,000-square-foot office tower at the former Sharon Station site on Sharon Road. The global insurance company asserts the building should cost $39 million. The new tower will feature nine office floors above six parking levels, along with a lobby and approximately 7,000…

A 41-acre premier mixed-use retail and entertainment destination has traded hands in Sparks, Nevada. Legends at Sparks Marina traded for $103 million. Newmark’s Kyle Miller and Rob Ippolito represented the seller, BIG Shopping Centers USA and RED Development, in the transaction. The property was acquired by Alturas…

Related Group recently paid $9.3 million for a development site at a Fort Lauderdale office park at 6700 N. Andrews Ave. Naya USA was the seller. CPN West retained ownership of the 309,243-square-foot office building there. Last year, Related Group filed plans to develop the vacant portion of this site with…
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Savills analysis of Asia Pacific and Vietnamese real estate investment conditions as of Q4 2023.

Almanac and Australian Retirement Trust committed $250 million in growth capital to AmCap.

FORT WORTH, TEXAS — Trademark Property Co. has completed The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery consists of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story…

Summary and analysis of the Cairo’s current office real estate market conditions.

Berkadia brokered the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transaction on behalf of ATC Development, the seller. MacArthur Park sold for $40.6 million and the sales…

Five years after the pandemic changed where and how people work, office real estate is still one of the most debated corners of private real estate. Meanwhile, ongoing headlines continue their focus on empty buildings and declining valuations. But a recent write-up from Meketa suggested a more nuanced reality. Some…

Sunbeam Development Corporation, owner of the 125-acre Miramar Cove, has engaged Colliers to lead retail leasing for the mixed-use waterfront destination now under construction in Miramar, west of Miami and Fort Lauderdale. Miramar Cove broke ground in May 2026 and will deliver approximately 400,000 square feet of…

On July 20, President Donald Trump signed three proclamations under Section 338 of the Tariff Act of 1930. The trade proclamations are scheduled to take effect on Aug. 19, 2026, and will impose a 50% tariff on certain goods entering the United States, including cement and plywood. Matt Long is a partner at Porter…

STATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro. The center was fully leased at the time of sale to tenants including QDOBA, Hotworx, Eyemart Express, Uptown Cheapskate,…
DALLAS — Ahmad, Zavitsanos & Mensing PLLC has signed a 17,043-square-foot office lease in downtown Dallas. The space is located within Trammell Crow Center, a 50-story, newly renovated development at 2001 Ross Ave. Doug Jones, Marissa Parkin and Chase Lopez of Stream Realty Partners represented the landlord, Regent…

SPICEWOOD, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of Double Horn Storage, a 119-unit facility in the Central Texas city of Spicewood. The facility totals 40,160 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the…