What happened, and who moved.
Gantry has secured a $14.6 million construction-to-permanent loan for the Milano Issaquah Apartments, planned for delivery at 2300 Newport Way NW in Issaquah, just east of Seattle, Washington. Strategically located within the Central Issaquah Plan Area near major local employers, including Costco’s global…
JLL Capital Markets arranged a $67.256-million refinancing for Eliot on Ocean, a 194-unit multifamily property at 660 Ocean Ave. in Revere Beach, MA. Senior managing directors Scott Aiese and Tom Sullivan and director Alex Staikos represented the borrower, Invictus Real Estate Partners, in securing a three-year,…
Fannie Mae sued Alan Stalcup for $6.6M, alleging he neglected a San Antonio apartment complex it foreclosed on.
Houston office rental rates are on the rise as quality buildings see more than 90% occupancy, but lower-class buildings suffer.
Brookfield Asset Management boosts real estate strategy with a new fund as market sentiment improves.
Oura Health converted the full-building lease it signed in January into an outright purchase of 500 Pine Street, paying $41.5 million for the boutique North Financial District property and designating San Francisco its official global headquarters. The post Oura Acquires Its 56,000 SQFT San Francisco HQ at 500 Pine…
Alpaca Real Estate raised $223 million for its debut fund, combining AI-driven underwriting with industrial, multifamily and preferred equity investments. The post Private Equity Backs AI-Powered Real Estate Platform With $223 Million appeared first on Propmodo .
The immigration attorneys at Manifest Law will be making some of their own moves, Commercial Observer has learned. The law firm signed a 18,200-square-foot sublease at Koeppel Rosen’s 902 Broadway, where it will be taking over space previously occupied by Adaptive Security, according to tenant brokerage Nomad…
Restaurateurs Danny Abrams and Cindy Smith are making a splash on the Upper West Side. The couple and co-founders of New England-style seafood spot Mermaid Inn have selected 61 West 74th Street for their next venture, Commercial Observer has learned. Abrams secured the 2,300-square-foot lease, plus a basement…
Nordstrom Rack has signed a 22,000-square-foot lease in Wellington, Fla., the Seattle-based retailer announced Thursday. Nordstrom Rack is the discount concept run by Nordstrom. The new store, set to open in spring 2027, will be at The Shoppes at Isla Verde at 800-1020 South State Road 7. Other tenants include Best…
The architect of the Fort Worth Stockyards redevelopment is striking out on his own, as his former employer kills plans for a $1 billion expansion of the project. Craig Cavileer, former longtime principal of billionaire Ed Roski’s Majestic Realty, is linking up with Dallas-based Woodbine Development to build a $160…
SAN ANTONIO – (Realty News Report) – Partners Real Estate announced new leases at Park North Shopping Center, a 635,000-SF center in San Antonio acquired by Houston-based Dhanani Private Equity Group last year. When announced in December 2025, Park North Shopping Center was the biggest shopping center sale in…
Berkadia Miami’s Brad Williamson, Scott Wadler and Michael Basinski, along with Mitch Sinberg, Matt Robbins, and Jacob Kelly, secured the financing on behalf of RIVANI. BridgeInvest provided the loan.
Adam Von Romer represented an investor who sold a management-intensive commercial property in North Miami and sought a more passive investment with a single corporate tenant.
Image Jonas says the sector is seeing “buy-in” from the REIT investment community.
A fight over one of the Simon family’s real estate holdings spilled into court. Simon Property Group co-founder Herb Simon accused the family of his late nephew, David Simon, of orchestrating a last-minute corporate restructuring that stripped longtime investors of valuable rights, Inside Indiana Business reported.…
Delightful Development Co. and Woodbine Development Co are joining forces on a $160 million luxury resort fronting Main Street and 23rd Street spanning in the Ft. Worth Stockyards. The project, situated on 3+ acres, includes 225 rooms and suites across two independently positioned luxury hotels, both sharing a…
Joby Aviation signed a lease for 45,000 square feet at Alliance Air Trade Center in Haslet, part of Perot Field Fort Worth Alliance Airport. Located within Hillwood’s 27,000-acre AllianceTexas development, the leased space marks the first significant North Texas presence by an electric vertical takeoff and landing…
RAMROCK Real Estate acquired Ridgmar Mall (shown) and plans to redevelop the property as Ridgmar 30 Logistics Crossing, a six-building Class A development totaling approximately 930,960 square feet. Located at the northeast corner of Interstate 30 and State Highway 183 in Fort Worth, the project will replace the…
Rockwell Property Company purchased the Hayden Park, a 182-unit apartment community at 3015 North Hayden Road in Scottsdale, Arizona, for $42 million. It’s just outside of Old Town Scottsdale. The Hayden Park purchase marks Rockwell’s seventh acquisition in Arizona. Built in 1985 on 8.7 acres, Hayden Park comprises…
Rockefeller Group purchased a 34.1-acre logistics site in Glendale, Arizona, from IndiCap and its capital partner. Rockefeller Group and IndiCap will partner to develop West Olive Logistics Center, a 552,000-square-foot industrial building located at the northwest corner of West Olive Avenue and North Reems Road in…
New York City — A joint venture between Hawkins Way Capital and Varde Partners has acquired a student housing property located at 81 E. 3rd St. in Manhattan’s East Village neighborhood for… The post Hawkins Way, Varde Partners Acquire Student Housing Property in Manhattan’s East Village for $28 Million appeared…
Great Hearts Texas opened the restored Koehler House, which the school will lease for use as a library, for art and music, and offices. Charter school moves into historic Koehler House restored by developer Weston Urban was first posted on August 6, 2026 at 10:25 am. ©2021 " San Antonio Report ". Use of this…
Warp, an artificial intelligence-driven employee management platform, has more than tripled its office footprint for the second time in 12 months. The startup recently secured a 16,500-square-foot expansion to fully occupy the seventh floor at 156 Fifth Avenue, less than a year after settling at the Flatiron…
Milestone Group has sold a garden-style multifamily community near Zoo Miami for just $2 million more than it paid to acquire the property five years ago. Harbor Group International (HGI) bought the 505-unit Emerald Palms Apartments for $109 million, property records show. The 28-acre property includes 37…
Maybern, a financial technology company that specializes in fund management solutions for private markets, has signed a long-term lease renewal at 10 Astor Place, nearly tripling its footprint in the GFP Real Estate-owned building. As part of the deal, Maybern will grow from 11,000 square feet to 30,000 square…
Scott Rechler’s RXR continues to secure capital from institutional lenders. RXR, together with joint venture partners Halpern Real Estate Investments, Korman Communities and Invent Development Partners, has secured $125 million in construction debt for AVE Station House, a 13-story, 301-unit luxury multifamily…
Starwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income. Starwood’s stock currently trades at $15.55 per share, down 6 percent from where it traded one month ago and down nearly 20 percent…
S2 Capital’s Scott Everett already has $400 million in apartment foreclosures. Now, lenders are suing him for what they claim he owes. Capital One is seeking a $11.5 million judgment against Everett after he defaulted on an $85.2 million loan from the bank, according to an Aug. 4 filing in New York Supreme Court.…
DALLAS — Lee & Associates has negotiated a 26,600-square-foot industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square feet. Stephen Williamson of Lee & Associates represented the landlord, Brookfield Asset…
HUTCHINS, TEXAS — Orlando-based owner-operator Foundry Commercial is underway on construction for Wintergreen Gardens, a 13-acre industrial outdoor storage (IOS) facility in Hutchins, a southeastern suburb of Dallas. Wintergreen Yards will feature 9 acres of concrete-paved outdoor storage space along with two…
DALLAS — Newmark has brokered the sale of Tollway Plaza, a 376,259-square-foot office campus located at 16000 Dallas Parkway in North Dallas. The campus comprises two eight-story buildings on a 7.4-acre site that were constructed in the late 1990s. The campus was 91 percent leased at the time of sale to a tenant…
HOUSTON — Stena Real Estate AB, the American ownership arm of Swedish investment company Stena Property, will renovate Woodbranch Plaza, a 580,558-square-foot office campus located in the Energy Corridor submarket of West Houston. Woodbranch Plaza is a four-building campus that offers amenities such as a fitness…
Rudin has hired Craig Panzirer as senior vice president for office leasing, Commercial Observer has learned. Panzirer began the new role in July. He is now tasked with leading the leasing strategy of Rudin’s 8.6 million-square-foot portfolio of office properties, including major towers like 345 Park Avenue, 3 Times…
Timberlane Partners has secured $52 million to refinance Sumner Mill Apartments, a 162-unit multifamily community outside of Seattle and Tacoma, Wash., Commercial Observer can first report. Mesa West provided the debt, structured as a short-term, first-mortgage loan, while BWE’s Jake Roberts arranged the…
First Eagle Management and PPG Development secured rezoning and site plan approval for a 166-acre redevelopment of The Club at Emerald Hills golf course in Hollywood. The project, which has been several years in the making, drew mixed reactions from residents, with some supporting the aging club’s revitalization…
CBL Properties and Greystar broke ground on a mixed-use development at CoolSprings Galleria in Franklin, Tennessee. The project will bring 361 residences and approximately 15,000 square feet of new retail and restaurants to the CoolSprings Galleria campus. In June, CBL announced it had sold a 5.35-acre parcel of…
Eldridge Capital Management announced a $278 million loan to refinance Ten Twenty Spring, an office building in Atlanta, owned by Portman and funds affiliated with Blackstone Real Estate. Eldridge has backed the property since construction. It was delivered in December, 2024. Across 25 stories, Ten Twenty Spring…
The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson…
MONTEREY PARK, CALIF. — The Olson Co. has acquired a 7.9-acre office campus in Monterey Park, located east of downtown Los Angeles, for $24.8 million. The buyer plans to redevelop the two-building, 120,191-square-foot property into a residential community. Originally built in 1980, the campus was previously owned…
NEWBURY, MASS. — JLL has brokered the sale of a 686-unit self-storage facility in Newbury, located northeast of Boston. Newbury Self Storage comprises 12 single-story buildings that were built in phases between 2016 to 2023 on a 49.3-acre site. Totaling 111,000 net rentable square feet, the property also includes…
NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $131.5 million in construction financing for a student housing development in the Washington Heights neighborhood of Upper Manhattan. The 28-story building at 465 W. 165th St. will offer 276 fully furnished units…
BOSTON — Ratio Therapeutics has signed a 17,000-square-foot office lease expansion in Boston’s Seaport District. The developer of radiopharmaceuticals for cancer patients will remain at the Innovation & Design Building, a 1.4 million-square-foot mixed-use property that was originally constructed in 1918 as a…
ROSEDALE, MD. — Sagard Real Estate has purchased a 621,144-square-foot distribution center located at 7001 Quad Ave. in Rosedale, a city in east Baltimore County. An undisclosed, California-based investor sold the industrial property to Sagard Real Estate, a subsidiary of Denver-based Sagard, for $91 million. Built…
PORTLAND, ORE. — Marcus & Millichap has brokered the sale of a six-property, 537,962-square-foot self-storage portfolio in Oregon. The properties are located in Ashland, Bend, Prineville, Redmond, Hood River and Hillsboro. Adam Schlosser, Keith Phillips and Dean Trammell of Marcus & Millichap, represented the…
ATLANTA — JLL’s National Seniors Housing Capital Markets team has brokered the $147 million sale of a five-property seniors housing portfolio in submarkets north of Atlanta. The properties include Brickmont at Woodstock in Woodstock, Brickmont at Acworth in Acworth, Brickmont at Johns Creek in Cumming, Brickmont at…
SURPRISE, ARIZ. — CapRock Partners has purchased Summit at Surprise, a newly completed, 244,847-square-foot warehouse located northwest of Phoenix. Summit Surprise features two freestanding Class A buildings on two parcels totaling 16.9 acres. Building A spans 79,200 square feet, and Building B totals 165,647…
MESA, ARIZ. — CRE8 Advisors has arranged the $6.1 million sale of a newly constructed industrial building located at 7320 E. Pecos Road in Mesa. ADV Reline Service Inc. acquired the asset from Cavan Commercial. The buyer, an underground piper repair company, will utilize the facility to support its operations and…
SPRING HILL, TENN. — A joint venture between PCCP and Distribution Realty Group has acquired a single-tenant industrial facility located at 4637 Port Royal Road in Spring Hill, about 38 miles south of Nashville via I-65. A private seller sold the 330,484-square-foot facility to the joint venture for $51 million.…
FRANKLIN, TENN. — McShane Construction Co. has delivered Ellison Cool Springs, a 332-unit apartment community located at 2000 Aspen Way in Franklin, a southern suburb of Nashville. The co-developers are Flournoy Development Group and National Healthcare Corp. (NHC). Designed by Dynamik Design, the property features…
NEW YORK CITY — Chelsea Piers Fitness will open a 76,000-square-foot gym in Lower Manhattan. The space, which includes 9,000 square feet for outdoor fitness uses, will span five levels within the planned mixed-use building at 250 Water St., which is being developed by a partnership between local developer Tavros…
The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices will reclassify billions of dollars in leases and reshape how it reports one of the largest building programs in corporate America. The post Microsoft Stretches…
The Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center have opened 730 Stanyan, a 160-unit, entirely affordable apartment complex built on the Haight-Ashbury lot San Francisco bought and cleared after a shuttered McDonald's became one of the neighborhood's most persistent…
When you walk into a building developed by Marx Realty, you might find yourself curious if you accidentally skipped work and entered a luxury hotel — and that’s exactly what Marx wants. Marx, known for its hospitality-infused approach to the office, has announced a $68 million repositioning at 430 Park Avenue, a…
GALVESTON, Texas – (Realty News Report) –- Tiara on the Beach, a 10-story condominium project under construction in Galveston, is slated to open in the summer of 2027. “Tiara on the Beach’s construction milestone marks a pivotal moment in the development of Galveston’s first new condominium project in 15 years,”...…
FedEx buys its longtime 211,000 SQFT South San Francisco warehouse for $94 million as Peninsula industrial vacancy tightens. The post FedEx Buys 211,000 SQFT South San Francisco Warehouse for $94MM appeared first on The Registry Northern California Real Estate .
The bank's second infusion into the 29-acre Dogpatch megaproject pairs a construction loan for a 342-unit building with equity in an untested fund, putting institutional capital behind the proposition that housing for households earning too much for subsidy and too little to absorb market rents can pencil as an…
Macerich has abandoned the RH luxury retail complex once planned for the vacant Neiman Marcus building at Walnut Creek's Broadway Plaza, with Chief Executive Officer Jackson Hsieh telling analysts the center is short enough on space that carving the box into smaller shops will out-earn what the furniture retailer…
Ryder Integrated Logistics has committed to an entire Class A distribution building on the former Aerojet Rocketdyne campus in Rancho Cordova, delivering Sacramento’s largest industrial lease of the second quarter and handing the Highway 50 Corridor its strongest absorption showing in years. A Miami-area logistics…
Signorelli, one of Texas' largest privately owned real estate development companies, accelerates statewide expansion of its homebuilding division.