What happened, and who moved.

SUMNER, WASH. — Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments in Sumner, approximately 30 miles south of Seattle. Joshua Westerberg led the Mesa West Capital team that originated the loan. Jake Roberts of BWE’s Los Angeles…

LAS VEGAS — CONAM Strategic Investments Fund IV, a discretionary investment fund sponsor by The CONAM Group, has acquired the 232-unit Alicante Apartments Homes in Las Vegas’ Spring Valley submarket. Terms of the transaction were not released. Built in 2001 on 11.2 acres, Alicante features one-, two- and…

PHOENIX — Marcus & Millichap has brokered the sale of a 984-unit Extra Space Storage asset in Phoenix. Located at 6316 N. 7th St., the gated-access property features fully climate-controlled units, drive-in loading area, multiple elevators, onsite management office, 24/7 video surveillance and an interior concrete…

SAN BERNARDINO, CALIF. — PSRS has arranged a $11.2 million loan for refinancing for a nine-story office building in San Bernardino. At the time of financing, the 126,000-square-foot property was 89 percent occupied, as it has been since 2000. Tenants include the IRS and the City of San Bernardino. Jacob Lee and…

Construction hasn’t even begun on Ritz-Carlton Residences Houston, but the developers behind the $290 million project are already mired in legal trouble. Jacob Sudhoff, Texas real estate wunderkind and former CEO of Douglas Elliman Texas, sued an entity affiliated with the forthcoming branded condo-hotel project’s…

HOUSTON – (Realty News Report) – Reliable Properties has acquired a portfolio of four Sellers Bros. grocery store properties in Houston and Pasadena. The stores, sold by Sellers Bros Investments Ltd., will continue to operate as Sellers Bros. grocery stores, according to Rockspring Properties. Cotton Munson, Mike…

A three-tower Live Local Act project is proposed to take the place of a former Winn-Dixie in Fort Lauderdale. An entity linked to property owner John Thompson Loos III and Amy Loos Mergler filed an application for a residential project with 306 workforce housing units on a 3.1-acre site at 1625 and 1645 Cordova…

U.S. employers unexpectedly shed 23,000 jobs in July, falling far short of the 88,000 gain projected by economic consensus, according to data released by the U.S. Bureau of Labor Statistics. The drop was compounded by sharp downward revisions to prior months. May payroll additions were revised down by 66,000 to…

KANSAS CITY, MO. — American House Senior Living Communities and Winterpast Capital Partners have acquired St. Anthony’s Senior Living, a 192-unit community in Kansas City. Helios Healthcare Advisors brokered the sale. Situated on a 4-acre campus in the Brookside neighborhood, the property consists of independent…

JEFFERSONVILLE, IND. — Northmarq has arranged the sale of Jeff on 10th, a 190-unit multifamily property in Jeffersonville, a suburb of Louisville. Bobby Schiavone, Adam Klenk and Jordan Arand of Northmarq represented the seller, a regional multifamily developer. The buyer was S&S Properties Investment. Noah Juran…

COLUMBUS, OHIO — The NRP Group has broken ground on OSU East, a 336-unit apartment development in Northwest Columbus. The project marks NRP Group’s first market-rate community in Columbus. The 27.5-acre development site on West Dublin Granville Road will also include 138 for-sale townhomes developed by M/I Homes of…

CHICAGO — The Shops at North Bridge will undergo a multi-million-dollar reinvestment that will reposition the Michigan Avenue property at the gateway to Chicago’s Magnificent Mile. The multi-phase restoration will introduce a new street presence, hospitality-inspired interiors and a reimagined mix of retail and…

Nine months after acquiring a shuttered West Sacramento bottling plant that had put more than 350 people out of work, Redwood Beverage Group has leased an entire 236,716-square-foot distribution building nearby, signaling that the private-equity-backed co-packer intends to operate at a scale well beyond the plant…

Sacramento’s office vacancy declined and absorption turned positive in the second quarter, but every one of the market’s five largest leases went to a government or healthcare tenant, leaving the sector’s recovery resting on public-sector demand as private companies continue to sit on the sidelines, according to…

Silicon Valley’s retail landscape has shifted into a landlord’s market, where ethnic grocers, medical users and drive-thru coffee chains are competing over a shrinking supply of well-located, high-infrastructure space even as single-tenant net-lease investment sales slide for a second consecutive year. Silicon…

Amazon has agreed to a multi-year extension of its roughly 300,000-square-foot lease at 525 Market St., adding about 30,000 square feet even as the company shutters its downtown artificial general intelligence lab and pares back its office footprint elsewhere in San Francisco. The post Amazon Renews 300,000 SQFT…

Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s largest portfolio transaction since 2017 as Colliers points to tightening supply ahead. Blackstone has sold a 28-building industrial…

Brisbane's Planning Commission will take up the Baylands Specific Plan and Final Environmental Impact Report on Aug. 13, its seventh hearing on the 660-acre redevelopment even as the city works to reverse a state decertification that stripped its power to reject housing projects. The post Brisbane Baylands Returns…
Valley Oak Partners has laid out a detailed timeline for converting nearly 500,000 square feet of vacant Oracle office space in Santa Clara into 584 homes, targeting entitlements in 2027 and a construction start in 2028. The post Valley Oak Partners Charts Path to 584-Home Redevelopment of Oracle’s Santa Clara…
Company eyes Fort Stockton and Floydada, files to expand planned campus in Boling

🏆 Residential: The top recorded home sale was in Miami, where a condo at 7811 Fisher Island Drive changed hands for $15 million. The seller was a company led by Olga Postolnikov, and the buyer was software executive Mark Sutcliffe. The 3,600-square-foot pad spans three bedrooms, three and a half bathrooms and…
Auburn, Ala. — Morrison Avenue Capital Partners has completed Hilltop Auburn, a 128-bed student housing property located near the Auburn University campus in Alabama. The community offers four- and five-bedroom townhomes… The post Morrison Avenue Completes 128-Bed Development Near Auburn University appeared first…

LAS VEGAS — CONAM Group, through its Strategic Investments Fund IV, has acquired Alicante Apartment Homes, a 232-unit community in Las Vegas’ Spring Valley submarket. The identity of the seller… The post CONAM Acquires 232-Unit Alicante Apartments in Las Vegas appeared first on Multifamily & Affordable Housing…

ATLANTA — The Atlanta Beltline, Pennrose, Radiant Development Partners and other project stakeholders broke ground Aug. 4 on Overlook at Garson, a 130-unit affordable housing community along the Atlanta Beltline’s… The post Atlanta Beltline Partners Break Ground on 130-Unit Affordable Community appeared first on…

MESA, ARIZ. — CBRE has arranged the $52.4 million sale of Avia 266. Beverly Hills, California-based Geringer Capital sold the 267-unit community in Mesa, which will be renamed The Remy,… The post Geringer Capital Sells Avia 266 in Metro Phoenix for $52.4M appeared first on Multifamily & Affordable Housing Business .

APEX, N.C. — Wood Partners and Marcus Partners have broken ground on Altera Heights in Apex. The 280-unit community is located at the intersection of Jenks and Wimberly roads and… The post Wood Partners, Marcus Partners Team up for Development in Raleigh-Durham Metro appeared first on Multifamily & Affordable…
TPG AG U.S. Real Estate and Redfearn Capital have acquired a 5.4 million-square-foot industrial portfolio for $628 million, Commercial Observer can first report. The seller was DRA Advisors, while BDT & MSD Partners provided a $479 million loan in the deal, sources said. The 53-building portfolio, which is roughly…

Florida Keys hotels in demand as leisure travel spikes. Major sales and investments signal market boom.

Climate risk data is now vital for CRE as ESG investing wanes, driving demand for predictive models to assess risks and inform decisions.

Panera Bread is giving the suburban Boston office market a toasty piece of news. The company is relocating its headquarters from St. Louis — where it was founded — to Weston, Massachusetts. Panera is taking 102,000 square feet at BXP’s 133 Boston Post Road, according to the Boston Business Journal. Financial…

Google has doubled down on its office footprint in Sunnyvale by leasing two properties, signaling a commitment to reverse a trend of shedding office space in the post-pandemic era. The tech giant confirmed it has signed lease renewals for Moffett Place on Borregas Avenue and Moffett Gateway on Crossman Avenue in…

Come this spring, plumbing problems, sinking floors and decaying walls will no longer be issues for the low-income families living at an East San Jose apartment complex — thanks to a nonprofit’s effort to preserve the city’s shrinking unsubsidized affordable housing stock. Construction has begun at The Virginian…

🏆 New Building: The largest permit issued was a $97 million phased new construction permit for The Shore Club Private Collection condos at 1901 Collins Avenue in Miami Beach. The permit covers 481,200 square feet, and the project is being developed by Witkoff and Monroe Capital. The developers secured $430 million…

Opa-locka, a city that’s remained largely overlooked by developers, is getting closer to a half-billion-dollar redevelopment with 1,500 apartments, retail and a hotel in downtown. The city’s community redevelopment agency approved negotiations with a group of developers for a ground lease for nearly 1.5 city-owned…

DAUM Commercial Real Estate Services completed a 10-year lease agreement for a 35,333 square-foot industrial property at 2945 East Maria St. in Rancho Dominguez on behalf of landlord Crown Associates Realty, Inc. The facility will serve as the West Coast operations hub for Cactus Fabrication, a company specializing…

GFP Real Estate said Thursday that Maybern, a financial technology company specializing in fund management solutions for private markets, has signed a long-term lease expansion at 10 Astor Place, more than doubling its footprint at the property from approximately 11,000 square feet to 30,000 square feet. The…

JLL Capital Markets arranged permanent financing for a fully leased industrial facility at 111 Fieldcrest Ave. in Edison, NJ, within the Exit 10 submarket. Senior managing director Michael Klein, senior director Max Custer and analyst Kevin Badger. worked on behalf of the borrower, Summit Associates Inc., to secure…

Granite Point Mortgage Trust Inc. has refinanced the assets in its two remaining CRE CLOs, GPMT 2021-FL3 and GPMT 2021-FL4, on its JPMorgan Chase Bank, N.A. repurchase facility, which it recently extended to July 2028, with three one-year term extension options. In connection with the refinance, the company upsized…

Marcus Partners has acquired 6 Industrial Way in Salem, NH. The 155,000-square-foot warehouse/distribution asset was sourced off-market in the supply-constrained Southern NH market. “As we follow durable sector trends tied to supply chain and logistics network modernization, advanced manufacturing, and defense…

Chicago-based Lexington Homes announced its second new townhome community, Northbrook Row, in Northbrook, Illinois. The new development will offer 53 townhomes and feature a combination of homes from the builder’s redesigned Mews floor plans. Located at 1825 Shermer Road, Northbrook Row will offer 33 single-family…

The NRP Group announced the groundbreaking of OSU East, a 336-unit housing community in Columbus, Ohio. OSU East marks The NRP Group’s first market-rate community in Columbus. The project is situated on a 27.5-acre site on West Dublin Granville Road that will include an additional 138 for-sale townhomes developed…

A REIT sold its only Philadelphia office, 8800 Tinicum Blvd., for $42M. The 441K SF building is now owned by the city.

New $160M luxury resort coming to the Fort Worth Stockyards, featuring hotels, restaurants and retail space.

Orders to vacate are increasing across the board, displacing tenants.

Portman secures a $278M refinancing for Ten Twenty Spring tower, home to EY & Reed Smith.

J. Safra Group sues seven tenants for $2M in unpaid rent at Faneuil Hall Marketplace.

Japan’s largest bank signed an office lease in Las Colinas that consolidates its space across the Dallas-Fort Worth Metroplex. Mitsubishi UFJ Financial inked a 10-year deal to occupy 60,000 square feet across two floors at Urban Towers, at 222 West Colinas Boulevard, the Dallas Business Journal reported. The lease…

Onyx Partners is pinching pennies to acquire JCPenney’s stores After a first failed attempt to sweep up a portfolio of hundreds of the retailer’s stores, New Jersey-based Onyx submitted a fresh bid of $934 million, CoStar reported. There are 117 stores in the real estate portfolio available, breaking down the offer…

Derek Jeter is taking a swing at developing in a major college town near you. Alum, a hospitality and real estate company backed by the former New York Yankees star, officially launched its business this week. Jeter will serve as a board adviser, ambassador and investor in the company. Co-founded by Paul Brenneke…

A Moe’s Southwest Grill franchisee that operates over 50 locations has filed for bankruptcy and seeks to quickly end the leases at 16 locations, creating potential vacancies for shopping center landlords across Florida, Georgia and Virginia. Palm Beach-based Quality Fresca I petitioned for Chapter 11…

Cardone Capital dropped $89.8 million on a rental community in Naples, according to a deed recorded Wednesday. The Aventura-based firm, headed by crowdfunding multifamily syndicator and online influencer Grant Cardone, acquired Orchid Run, a 282-unit complex at 10991 Lost Lake Drive, from an affiliate of The Inland…

Pacific Life is pouring resources into turning around a vertical mall on Chicago’s Magnificent Mile that it seized out of financial distress. The Newport Beach, California-based lender-turned-landlord for the Shops at North Bridge property at 520 North Michigan Avenue announced it’s preparing a $40 million…

BrightSpire Capital is in danger of losing its grip on a suburban Chicago retail property, after a DuPage County judge appointed a receiver to take control, in a foreclosure lawsuit over a $31 million securitized commercial loan that fell into default. Judge Robert G. Gibson named Chris Neilson of Dallas-based…

🏆New Building: The largest new building application filed last week was in Uptown, where Catapult Real Estate Solutions filed plans to construct a $23 million mixed-use building at 4006 North Sheridan Road. The seven-story project will replace The Holiday Club Lounge and feature 91 residential units across six…

Pacific Retail Capital Partners, the owner of Lombard’s Yorktown Center, is suing The Fresh Market for upwards of $15 million for bailing on plans to open a new store at the suburban Chicago mall. In the lawsuit filed Monday in DuPage County Circuit Court, Pacific Retail, the Los Angeles-based Yorktown Center…
NASHVILLE, Tenn., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging real estate investment trust (“REIT”) specializing in group-oriented, upscale convention center resorts and entertainment experiences, today reported financial results for the three and six months…

Colliers has been awarded the exclusive leasing assignment for 25 buildings within the recently acquired North Market Industrial Park, a 28-building industrial portfolio. Vice chair Mark Demetre, VP Michael Hoo, and senior associate Nathan Miller will lead the leasing efforts and strategy on behalf of the owner,…

Basis Investment Group, LLC has provided a $19.95 million bridge loan to refinance the existing debt, support the continued stabilization, and fund remaining tenant-improvement and leasing costs at Wolff Court, a four-story complex in Philadelphia, Pennsylvania. Located at 501 E. Girard Avenue, the property is a…

A CBRE team led by Matthew Klauer advised Kensico Properties on the refinancing of The Lowell Hotel, the 74-key luxury boutique hotel located on Manhattan’s Upper East Side. Blue Owl Capital has provided a $106-million senior loan replacing the existing debt on the lodging property at 28 E. 63rd St., which has been…

Greysteel has arranged the sale of the Culpeper Technology Park, a 71-acre data center development site located at 15140 Keyser Road in Culpeper, Virginia. Blue Owl Capital, through its portfolio company Stack Infrastructure, acquired the asset from RACM for $66.35 million. Greysteel Senior Director Zach Benlemlih…