What happened, and who moved.
NEW YORK CITY — Nashville-based brokerage firm Matthews has negotiated the $15.2 million sale of a 19,873-square-foot mixed-use building in Lower Manhattan. The five-story building at 158 Lafayette St., which was originally constructed in 1915 and renovated in 2017, was vacant at the time of sale and is zoned to…
SAN DIEGO COUNTY, CALIF. — Marcus & Millichap has brokered the sale of a seven-building memory care campus in San Diego County. Developed in 2002, the property contains more than 55 units licensed for over 85 residents. The community was operating with negative net operating income (NOI) at the time of sale. Nick…
NAMPA, IDAHO — Chicago-based Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, located just west of Boise. Details of the transaction were not released. This purchase marks Brennan’s entry into the Boise industrial market. Completed in 2023, the tilt-up…
NEW YORK CITY — HDR has signed a 74,500-square-foot office lease at 7 Penn Plaza in Midtown Manhattan. The architecture and engineering firm will occupy the 15th, 16th and 17th floors of the 18-story, 357,000-square-foot building, which is located at 370 Seventh Ave. Andrew Wiener and Kyle Young represented the…
RALEIGH, N.C. — Blue Heron Asset Management has broken ground on Rosewood, a 269-unit apartment development located at 611 W. South St. in Raleigh. The locally based developer acquired the site earlier this year for nearly $12.9 million. The design-build team includes architect Cline, which is also providing…
MADISON, WIS. — Lincoln Avenue Communities has selected McShane Construction Co. to build Timberline Terrace, a 93-unit affordable housing community in Madison. The podium-style building will feature five wood-framed stories atop a below-grade precast garage. Timberline Terrace will offer one-, two- and…
CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale of The Cedars and Creekside Terrace, two neighboring, value-add multifamily properties located in the Northern California city of Castro Valley. Felson Cos., the original developer, sold the assets to San Francisco-based Prime Residential for…
GAINESVILLE, FLA. — JLL Capital Markets has secured a $24 million refinancing for The Row, a 182-bed student housing property located at 407 S.W. 13th St. near the University of Florida campus in Gainesville. Melissa Rose, Mike Brady and Christian Johnston of JLL represented the borrower, The Ardent Cos., in…
WAUSAU, WIS. — Marcus & Millichap has brokered the $15 million sale of The Apartments at Riverlife, a 75-unit multifamily property in central Wisconsin’s Wausau. Dan Bowar of Marcus & Millichap represented the seller, Riverlife Wausau LLC, and procured the buyer, a Wisconsin-based investor. Built in 2020, the…
SALISBURY, N.C. — Cushman & Wakefield has arranged a 472,890-square-foot industrial lease for American Eagle Outfitters Inc. in the metropolitan Charlotte area. The retailer will occupy a distribution center within Innovation Logistics Center in Salisbury on a long-term lease. Patrick Decker, Ben Brenner and Mark…
GASTON, S.C. — Red Rock Developments plans to develop a new 519,792-square-foot industrial facility at Sandy Run Industrial Park, a 760-acre campus in Gaston, a Columbia suburb. Situated on a 54-acre site in Calhoun County along I-26, the cross-dock facility will be built on a speculative basis and include 40-foot…
BUFFALO, N.Y. — Pennrose has broken ground on North Aud Block, a $225 million mixed-use project in Buffalo’s historic Canalside district. Plans call for 251 affordable and market-rate apartments, 18,000 square feet of commercial space, 20,000 square feet of open community space and 137 parking spaces. Developed in…
NEW YORK CITY — Cushman & Wakefield has arranged a $26.3 million loan for the refinancing of The Bridgeline, a 91-unit apartment building in The Bronx. The 12-story building was completed in 2018 and offers amenities such as a fitness center, a resident lounge and a rooftop terrace. Brad Domenico, Frank Stanislaski…
AUBURN, WASH. — Intercontinental Real Estate Corp. has acquired Lakeland Town Center, a 125,233-square-foot, grocery-anchored retail center located approximately 20 miles south of Seattle in Auburn. Built in 2002, Lakeland Town Center is situated on 12.6 acres within the Lakeland Hills master-planned community. The…
PATASKALA, OHIO — Associated Bank has provided a nearly $7 million loan to Transport Properties and GFH Partners to finance a 75,250-square-foot industrial building in Pataskala, about 20 miles west of Columbus. The property, completed in 2022 and leased to Thayer Power & Communication, is situated on 20 acres that…
Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million loan for the acquisition. Adler acquired 8041, 8107, 8227 and 8301 Arrowridge Blvd. in the transaction. All four buildings are about 48,600 square feet with 16-foot clear…
Stonemont Financial Group is looking to build a 568,720-square-foot industrial facility in Winder. The Atlanta Business Chronicle reports the estimated value at build-out would be about $70 million. Winder is between Atlanta and Athens. Stonemount does not own the land. The Winder-Barrow Industrial Building…
A joint venture consisting of Global Holdings, MAG Partners and Safanad has sealed $141.4 million of bridge debt to refinance a newly built luxury apartment tower in Midtown Manhattan’s Turtle Bay neighborhood, Commercial Observer has learned M&T Realty Capital Corporation provided the loan on the sponsorship’s…
Not many proptech companies have been able to scale their technology to take advantage of the data center construction boom, but one that has cracked the code in servicing the sector’s gargantuan growth is OpenSpace. The San Francisco-based visual intelligence platform has worked on more than 1,000 data center…
When he isn’t home tending to his alpacas — yes, he has alpacas — Craig Deitelzweig, the chief executive officer of owner Marx Realty, is working out ways to beautify the company’s office portfolio, intent on making where people go to work a destination, not a chore. Deitelzweig, a former lawyer who graduated from…
Equinix announced a collaboration with Cisco and NVIDIA to deploy secure AI computing infrastructure across its global data center portfolio.
Developer's 360MW proposal thwarted
The life science industry has climbed out of one of the most complicated stretches in its history, and while the underlying business is healthier than it has been in years, the region’s glut of high-quality but unbuilt lab space remains stubbornly locked up. The life science sector has weathered “one of its most…
ORLANDO, FLA. — Archway Partners, along with FK Architecture, has completed and opened The Enclave at Canopy Park, a 104-unit affordable housing community at 4440 Canopy Park Loop in Orlando.… The post Archway, FK Architecture Open The Enclave at Canopy Park in Orlando appeared first on Multifamily & Affordable…
ORLANDO, FLA. — Capstone Building Corp., a Birmingham, Alabama-based general contractor, has begun building The Gateway in Orlando. Hollywood, Florida-based JBL Development is the developer, and Baker Barrios is the… The post JBL, Capstone Building Corp. Break Ground on The Gateway in Orlando appeared first on…
FORT LAUDERDALE, FLA. — Dependable Equities has obtained a $54 million construction loan from CDK Capital to support the planning and pre-development of two luxury high-rise communities located at 101… The post Dependable Equities Obtains $54M for Two-Tower Project in Fort Lauderdale appeared first on Multifamily &…
Brookfield acquired a significant stake in Healthpeak's outpatient medical real estate portfolio for $1 billion, representing a major investment in the healthcare property sector.
Brookfield and CPP Investments have completed the acquisition of LXP Industrial Trust, taking the company private in a $5 billion transaction.
Segro has responded to a revised acquisition proposal from Prologis, contending that the offer does not adequately reflect the company's long-term value and growth potential.
Prologis has submitted a third acquisition proposal for Segro, indicating continued interest in consolidating the two industrial real estate companies.
MSCI reports that commercial property prices increased in June, marking the first gain after 18 months of consecutive declines.
New York has issued an executive order temporarily pausing discretionary data center permitting while environmental impacts and grid infrastructure costs are reviewed.
A commercial real estate ownership change occurred in New York's Garment District as Lender Maverick acquired an office property from Hilson Management for approximately $50 million.
Park-It Management refinanced nine properties in New York City through a $42 million loan facility with Provident Bank.
A buyer entity acquired an industrial property in Long Island City from a seller for $2.6 million.
A developer secured a $35 million construction loan from Webster Bank to finance an 83-unit residential project in Astoria.
A developer secured a $29 million construction loan from S3 Capital for a 55-unit mixed-use residential project in East Williamsburg, Brooklyn.
An Abu Dhabi-based hospitality company acquired a mixed-use property from Aurora Capital for $100 million in West Village.
World Bank Exits DC Ground Lease With $165M Deal Steven Sharp Thu, 09/25/2025 - 11:07 The World Bank Group, parent of the World Bank and its affiliates, has paid about $165 million to extricate itself from the ground lease at one of its multiple buildings in downtown Washington, D.C., according to the Washington…
Brookfield Sells DC Office Asset for $175M Steven Sharp Fri, 04/18/2025 - 06:00 Exelon Corp. has acquired 701 Ninth St. NW in Washington, D.C., the headquarters of its Pepco Holdings subsidiary. Brookfield Properties sold the Class A asset for $175 million. “The strategic sale of 701 Ninth St. NW underscores Pepco…
Brookfield Sells DC Office Building Steven Sharp Thu, 04/03/2025 - 08:45 Rockwood Capital has acquired a 1909-vintage, 316,000-square-foot Class A office building in Washington, D.C., from Brookfield Properties for $153 million, according to CommercialEdge information. In pursuit of this acquisition, Rockwood…
HITT Breaks Ground on DC-Area HQ Steven Sharp Tue, 01/28/2025 - 05:00 Construction giant HITT Contracting has broken ground on a new headquarters building, a 270,000-square-foot structure in Falls Church, Va., which is part of metro Washington, DC. Completion is slated for early 2027. Designed by architectural firm…
Non-profit developer to convert Everett's Latitutde Apartments to affordable housing Steven Sharp Wed, 06/10/2026 - 15:59 Non-profit development firm Bridge Housing has announced its second acquisition in the Seattle area - the Latitude Apartments in Everett. The San Francisco-based developer, which had financial…
10-story, 189-unit residential building coming to 400 4th Ave W Steven Sharp Sat, 03/21/2026 - 08:54 Texas-based developer JPI is partnering with Stream Real Estate on plans for a new multifamily residential building in Uptown. The project, which would rise at 400 4th Ave. W, calls for the construction of a…
Interstate Equities and PGIM acquire four properties in the Bay Area and Seattle Steven Sharp Sat, 01/24/2026 - 09:05 Mesa West Capital has announced a $201-million acquisition loan to Interstate Equities Corporation and PGIM for the purchase of four properties totaling 547 homes in Seattle, as well as the San…
408-unit apartment tower in Belltown sells to L.A. real estate firm Steven Sharp Thu, 01/08/2026 - 06:46 Los Angeles-based real estate firm JRK has acquired three properties from Equity Residential, the company announced earlier this week - including a large apartment tower in Belltown. The $400-million purchase…
Green Lake apartment building trades for $16.5M Steven Sharp Thu, 12/11/2025 - 06:30 Seattle’s Green Lake neighborhood has seen another multifamily deal, with the 48-unit Greenlake Terrace Apartments selling for $16.5 million. The 1986-built complex, located at 7415 5th Ave NE, sits just a few blocks from the lake…
342-unit housing complex to rise in Pearson Ranch Steven Sharp Mon, 07/06/2026 - 06:15 Last month, JPI announced the closing of a 9.3-acre property at Pearson Market Circle and Spectrum Drive in Northwest Austin , where the developer will build a new $90-million housing complex called Jefferson Pearson Ranch.…
Rendering revealed for One Lady Bird Lake Steven Sharp Tue, 06/02/2026 - 11:11 Related Texas has released a rendering of One Lady Bird Lake, a new housing complex rising in Austin's South Central Waterfront District.. The 18-story building, located at 151 S. 1st Street, will consist of 298 homes - including 101…
Mega Texas Meta, Hill Country Waldorf, Sixth Street love Cindy Widner Wed, 03/26/2025 - 15:34 Meta enters deal with RWE to help power growing operations, data center in Texas "Facebook and Instagram's parent company Meta Platforms Inc. is continuing its growth in Texas, striking a deal with RWE this week for a…
A national affordable housing developer is building 404 apartment units in San Antonio even as market challenges are slowing construction. National affordable housing builder plans first project in San Antonio despite market challenges was first posted on July 19, 2026 at 4:00 pm. ©2021 " San Antonio Report ".…
Nick Hassan, Jonathan De La Rosa and Eduardo Toledo of Marcus & Millichap exclusively marketed the property on behalf of the seller.
The logistics project is expected to break ground later this year.
The property was acquired by Miami-based structural shell contractor Tekton Construction Corporation.
The financing is reportedly the largest HUD loan issued in Florida, as well as the largest multifamily loan approved by HUD’s Southeast regional office and the biggest HUD transaction completed by Dwight Capital.
Scheduled to open in August, the 10,000-square-foot space will serve as the company's operational and creative hub as the company continues to expand. Close to 20 employees have relocated from Baltimore to support the company’s next phase of growth. The company also plans to hire between 30-60 additional full-time…
HOUSTON – (Realty News Report) – New office towers are on the drawing boards again in Houston. There could be as many as a dozen new office projects underway within a few short years, according to Houston’s top leasing experts. Companies are eager to lease space in new buildings with... The post Skyscraper…
HOUSTON – (Realty News Report) – Artis Montrose, a seven-story apartment midrise going up on the former “Disco Kroger” site in Montrose, reached a “topping out” construction milestone. Southeastern, a commercial real estate firm based in Augusta, Ga., broke ground nine months ago on the 330-unit, 528,747-SF project…
AUSTIN – (Realty News Report) —The Ridge, a 1,736-acre master-planned development site outside of Austin, has been sold to Wilson Capital. The Ridge will ultimately feature more than 6,200 single-family homes, a 13-acre amenity center and approximately 60 acres designated for commercial and multifamily development.…
HOUSTON – (Realty News Report) – The Signorelli Co. announced a new district in its 1,400-acre Valley Ranch community that will be anchored by an H-E-B store, the grocer’s first in New Caney. Planned for 400,000 SF of commercial development and 600 multifamily units, the Commerce District at Valley Ranch... The…