What happened, and who moved.
Greystar has unveiled its first UK garden-style rental housing development, with the company targeting delivery of up to 20,000 such rental homes over the next four years. The new strategy has launched with the acquisition of a development site at Waterbeach,...
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...
Hospitality company Travel + Leisure Co., which owns more than 280 resorts around the globe, is purchasing 23 more through two separate acquisitions.
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.
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...
One of the largest undeveloped sites in Manhattan overlooking the Hudson River is set to become a massive housing project. Gov. Kathy Hochul selected a team of The Gotham Organization, Fisher Brothers and Mural Real Estate to build 1,127 housing units...
New York City renters have never paid more for their housing — and their options on where to live are dropping.
PPR Capital Management just began investing in the build-to-rent housing sector last year, and now it is looking to pounce on a market it sees as benefiting from the new federal housing law. The Wayne, Pennsylvania-based firm this week is launching...
Michael Lavipour still remembers the bank office where executives laughed him out of the room. It was 13 years ago, and the head of lending for Affinius Capital was on the hunt for a credit facility to support the investment management firm’s real estate...
JW Marriott Residencies Reston Station is a luxury condominium collection located within the landmark JW Marriott Hotel & Residences tower at Reston Station, one of the largest mixed-use, transit-oriented developments in the mid-Atlantic region....
The Department of Homeland Security has reversed course on its plan to sell a New Jersey warehouse and will go back to its original intention of converting it into a detention facility. A federal judge was notified July 10 of the agency’s decision...
Multiple prominent data center firms are reportedly looking to sell stakes in their companies as record demand drives valuations higher.
Lincoln Property Co. has purchased Charlotte-based developer The Spectrum Cos. in a deal that Lincoln says will help it grow its footprint across the Carolinas.
After two defaults, New York-based Columbia Property Trust has struck a deal with its lenders to restructure approximately $1.8B of debt backing a seven-building portfolio. The June agreement will modify the debt, which is secured by buildings in San...
A Washington, D.C.-based housing watchdog group is accusing the country’s largest apartment owner of unlawfully rejecting potential renters who hold Section 8 vouchers across six states.
CoStar Group’s chief financial officer is departing at the end of the month. Christian Lown is leaving July 31 to pursue an opportunity outside of the industry, the Arlington-based real estate data firm announced Monday. Robin Rossmann, who leads CoStar’s...
Tristan Capital Partners has provided £340M in senior real estate debt to a joint venture between Goldman Sachs Alternatives and Edge Technologies to refinance the existing construction facility and fund the remaining costs to complete Edge London Bridge. Edge...
Gov. Kathy Hochul signed an executive order Tuesday to impose a yearlong ban on data center construction, making New York the first state to block the development of large-scale server farms. The moratorium deals a blow to New York’s $10B data center...
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...
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.
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...
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...
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...
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...
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,...
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...
Hines is returning to the office market with a $151M bet on Austin. The global real estate investment management giant acquired a 206K SF office at 405 Colorado St. from Brandywine Realty Trust as it selectively targets trophy office assets with high...
Munich Re asset manager MEAG has strengthened its growing Irish real estate portfolio with the acquisition of the Seafield Strand apartment scheme in Sutton, North Dublin, for an undisclosed sum, marking its fourth investment in the capital in little...
Class-C apartment operators in Chicago are buoyed by many of the tailwinds bolstering the city’s multifamily market as a whole: limited new supply, rising rent growth and recovering investor interest. But rising operating costs have squeezed margins...
The local industrial market has remained stable amid economic uncertainty, but experts speaking at Bisnow’s Denver Industrial Outlook said population growth is needed to make Denver a top-tier market. “The No. 1 thing that has to change is population...
Texas has surpassed California as the top data center market in the western half of the U.S., and the gap between the two states is only getting wider. But while California may be a more challenging place to develop digital infrastructure, there is...
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...
Investment firm Mavik Capital Management is looking to raise capital for a new distress fund. The New York-based firm seeks to raise $1B to acquire distressed commercial real estate assets, Bloomberg reported. The money will go into a new fund called...
D.C. Mayor Muriel Bowser is leaving office in six months, but she’s full steam ahead on her effort to revamp the city’s housing policy.
Despite soaring demand for artificial intelligence capacity, there are signs that the pipeline of data centers is slowing. While the development of data centers is still at record levels and is driving overall growth in U.S. construction, the number...
Reemerging inflation and stubbornly high interest rates — paired with shifting consumer preferences — are driving a surge in corporate bankruptcy filings, resulting in widespread real estate portfolio cullings and restructurings.
Blue Owl Capital is launching a new venture that will develop, own and operate fiber networks in an effort to capitalize on the data center boom. Funds managed by Blue Owl announced the creation of Kirkwood Infrastructure Group to carry out the development...
More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...
Nearly a quarter century after the 9/11 terrorist attacks leveled the World Trade Center towers, work on the new campus’ final new office tower is underway.
The Federal Reserve is growing increasingly worried about inflation.
Plans for Google's highly anticipated Thompson Center redevelopment are nearing completion, almost four years after the tech giant announced its intent to move into the iconic Central Loop building, with the company expected to occupy more than half of...
UK developer and asset manager Stanhope has won a mandate to manage a £4B portfolio of London and Paris office assets on behalf of Norges Bank Investment Management, the world’s largest sovereign wealth fund. The companies will also partner up to look...
Top leaders in commercial real estate finance aren’t exactly sanguine about the year ahead, but they are at least feeling less pessimistic, a new CRE Finance Council survey found.
Back-to-back blazes in Los Angeles and Chicago have highlighted how today’s bigger, more technologically advanced warehouses, especially those outfitted for cold storage, are at greater risk for fire. Developers are racing to build larger, more centralized...
Six months into 2026, Dallas-Fort Worth’s retail market is on pace for another historic year, with the region delivering approximately 75% more than it did in 2025. In 2026, 4.2M SF of new retail projects have been delivered and are in the pipeline,...
As global soccer superstars like Lionel Messi, Kylian Mbappé and Erling Haaland delight fans with an onslaught of goals at the 2026 FIFA World Cup, U.S. hoteliers are getting their first meaningful look at the tournament’s economic impact.
CRE has spent years focusing on Federal Reserve rate cuts as the key to unlocking the market. But recent research from Newmark argues that the framing gets causality backward — Fed decisions to lower rates typically coincide with deteriorating labor...
On its path to ubiquity, artificial intelligence has seeped into mortgage lending. Regulators are racing to catch up.The same forces in the tech world that created the “move fast and break things” ethos are driving AI’s adoption today. With no overarching...
The most significant federal housing legislation in decades became law at midnight without President Donald Trump's support. Trump canceled plans to sign the 21st Century Road to Housing Act on June 24 after it passed with support from broad, bipartisan...
Two historic New Jersey buildings — the iconic Bell Labs headquarters in Holmdel and the former Commvault campus in Tinton Falls — have been reborn as Bell Works and are redefining what an office campus can be. Inspired by Somerset Development reimagined...