What happened, and who moved.
Flournoy Properties closed on a $46.5 million refinancing of the River Junction apartments in Leander. The project, completed in 2024, has 329 units. Bridge Investment Group provided the loan. The Walker & Dunlop Capital Markets Real Estate Finance team, led by Patrick Short and Clay Colvill, arranged the…
This is a news article published by Commercial Observer on July 17, 2026, reporting on Greystone Real Estate Capital's closure of a $137 million fund dedicated to affordable housing development financing. The article covers affordable housing and debt financing matters with national and New York geography focus.
DALLAS — Endeavor Real Estate Group, in partnership with Canyon Partners Real Estate, has secured an undisclosed amount of construction financing for Lucille, a 22-story, 265-unit luxury tower located in… The post Helaba Provides Construction Loan for Dallas High-Rise appeared first on Multifamily & Affordable…
BUENA PARK, CALIF. — The Bascom Group has acquired Castlewood Park Apartments in Buena Park for $53.2 million. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk and Jake Vitta of IPA arranged… The post The Bascom Group Buys Castlewood Park in Buena Park, California, for $53.2M appeared first on Multifamily &…
DENVER — Jason Hornik and Greg Parker with Marcus & Millichap’s Denver office have brokered the sale of The Jewell at 4470 E. Jewell Ave. in Denver. A New York-based… The post Marcus & Millichap Brokers Sale of The Jewell in Denver appeared first on Multifamily & Affordable Housing Business .
ROCHESTER, MINN. — Inland National Development Co. and Reuter Walton Development (RWD) have broken ground on Citiwalk Apartments, a 342-unit project in downtown Rochester across the street from the Mayo… The post Inland, RWD Break Ground on $139M Project in Rochester, Minnesota appeared first on Multifamily &…
This is a data-driven news report published by the National Association of Home Builders' Eye on Housing in July 2026 covering national housing starts, noting that multifamily residential construction gains offset a decline in single-family starts. The item addresses trends across the multifamily and homebuilding sectors at the national level.
Located between the Phoenix and Tucson metros, Pinal County is the third-most populous in the state with its boundaries stretching nearly 5,400 square miles. As its neighbors to the north and south have seen economic expansion, so too has Pinal County, providing a place for businesses to locate where land and…
As rapid growth continues across Arizona, sometimes older structures must be torn down to make way for local expansion. But when an iconic building is slated for demolition, it can feel like losing a piece of Arizona’s architectural history. That’s why a community partnership has formed to utilize construction…
The membership of the Arizona Builders Alliance (ABA’s) membership has delivered some of the most impactful projects across the state. Here are 25 noteworthy developments made possible by ABA member companies. DEEPER DIVE: How Silicon Desert is powering Phoenix industrial surge READ MORE: Phoenix industrial market…
JLL Capital Markets announced today that Partners Group, one of the largest firms in the global private markets industry, and ViaWest Group have secured $122 million in bridge financing for The Base, a newly constructed, seven-building industrial campus totaling 1,182,865 square feet in Glendale, Arizona, through…
On behalf of Alidade Capital and Pine Creek Real Estate Partners, Phoenix-based general contractor Stevens-Leinweber Construction (SLC) today broke ground on TenSixty Interchange, an office-to-industrial redevelopment that will bring new mid-size, infill industrial product to the Interstate 10/Baseline Road…
On Friday, June 12, NAIOP Arizona is hosting its Energy Economic Forecast at The Camby Hotel in Phoenix. NAIOP Arizona CEO Cheryl Lombard will moderate a discussion on Arizona’s evolving energy portfolio, how utilities are planning for unprecedented demand, what infrastructure investments are needed, and more.…
What were recently big, empty warehouses have once again become hot commodities, creating a development push to meet the demand. A wave of large-block requirements, rising logistics demand and fresh federal incentives for domestic manufacturing are collectively...
The new owner of one of San Francisco’s most iconic high-rise office towers announced seven new leases totaling 113K SF, including five deals inked since Yoda PLC of Cyprus acquired the Transamerica Pyramid in March. The leases are the first announced...
Real estate secondaries have risen in prominence over the last few years as a tool for liquidity in a market environment with lower transaction volumes and slower fundraising cycles. UK-based Partners Group has had its hands in the secondaries market...
Massachusetts has long been at the forefront of innovation, from early internet companies to the biotech boom to emerging sectors like green energy and artificial intelligence. Now, it is looking to step up its game on defense. President Donald Trump's...
Terrell, Texas, located 30 minutes outside the Dallas-Fort Worth metroplex in Kaufman County, is transforming from a quiet bedroom community into a massive hub for industry and retail. Known for its historical charm, Terrell is now expanding rapidly....
A wave of upzoning across the San Francisco Peninsula is cracking open some of the region’s most supply‑starved housing markets, prompting multifamily developers to target obsolete office sites in Sunnyvale, San Mateo and Menlo Park for hundreds of...
The post New York People and Company News, Week of July 17, 2026 appeared first on Connect CRE .
This is a news report from Commercial Observer published in July 2026 documenting Citibank's pricing of a commercial mortgage-backed securities conduit deal described as the largest single bank-contributed, multi-property CMBS transaction since the Global Financial Crisis. The report covers capital markets activity in the CMBS sector at the national level.
Air taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury...
This is an economic update published by Wolf Street on July 16, 2026, reporting on U.S. retail sales activity excluding gas stations, noting a fifth consecutive month of increases, and discussing consumer spending patterns across online retail and vehicle dealerships relative to housing purchases.
Meridian Capital Group arranged $186,000,000 in construction financing for Lido Oceanfront Residences, a new luxury condominium development located at 1201 Ocean Ave. N. in Asbury Park, NJ, on behalf of Inspired by Somerset Development. The loan was provided by Madison Realty Capital and was arranged by Meridian’s…
Essex Realty Group and Essex Capital Markets announced the closing of Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Avenue in Chicago’s Albany Park neighborhood. The property sold for $7.6 million, a $200,000 premium over the listing price. Originally renovated in 2008, Wilson Manor offers…
The post California People and Company News, Week of July 17, 2026 appeared first on Connect CRE .
JLL has completed the sale of a fully leased, four-property medical building portfolio in the Greater Kansas City area. JLL worked on behalf of several different physician groups, Orthopedic Health of Kansas City, Kansas City Urology Care PA and Sunflower Medical Group, to complete the off-market sale to Montecito…
JLL announced the appointment of Ann MacDiarmid as executive vice president, retail corporate services, where she will serve as transaction management practice lead. Based in Chicago, MacDiarmid is responsible for overseeing and growing JLL’s transaction management service offering within retail corporate services,…
This is a news item from Commercial Observer published on July 16, 2026, reporting on Prologis' financial or operational performance, noting record leasing activity and growth in its data center business.
KLNB announced that restaurant brand Nan Xiang Xiao Long Bao has opened its new location at 180 American Way in National Harbor. KLNB Principal Josh Weiner represented Nan Xiang Xiao Long Bao in securing the lease, in collaboration with Jerry Johnson of Bennett Williams Retail, who served as co-broker and master…
Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The seller was Clarendon Properties and the acquisition price was $116 million, according to the Boston…
PKI Solutions has relocated its corporate headquarters to downtown Portland, occupying a larger space at 1000 SW Broadway. The company cited gaining new customers and users, as well as expanding its team, as factors in moving to the new space. PKI Solutions provides software consulting, training, professional…
The post Texas People & Companies, July 17, 2026 appeared first on Connect CRE .
Bradford Allen has executed two recent leases with Illinois Retina in the Chicago market. The medical services provider signed a 16,228-square-foot lease in Skokie, Illinois and an 8,728-square-foot lease in Munster, Indiana, 30 miles southeast of Chicago. Craig Nadborne, executive managing director, brokerage…
Wellpointe Inc. unveiled plans for Viva L.A. at Warner Center, a four-phase, 100% affordable senior housing community at 6400 Canoga Ave. in Warner Center’s downtown district. The development represents a total estimated investment of $2 billion at the 4.71-acre Woodland Hills site that a Wellpointe…
YODA PLC announced the completion of more than 113,000 square feet of new leasing activity at Transamerica Pyramid Center. The seven transactions have been completed since the beginning of 2026, including five since YODA acquired the redeveloped property in March from a SHVO-led ownership group. “The leasing…
This is a news article from Commercial Observer published in July 2026 reporting on New York City Council approval of housing developments including Monitor Point and six other projects. The article is tagged to the capital markets sector and covers developments in New York on a national scale.
This is a deal report published by Commercial Observer on July 16, 2026, covering Greystar's sale of an apartment tower in Virginia for $216 million.
This is a news item published by Commercial Observer in July 2026 reporting on a leasing transaction in which a live shopping marketplace storefront leased 5,000 square feet of space at 555 West 25th Street. The item is classified under leasing activity and capital markets coverage.
This is a market news report published by Commercial Observer in July 2026 covering retail investment activity in Southern California during the first half of 2026, noting a 62% increase in that period. The report addresses capital markets and retail sector trends with geographic focus on California and national context.
This is a news article published by Commercial Observer in July 2026 reporting on a leasing transaction in which AI firm Isara Laboratories signed a lease for approximately 6,000 square feet of space at 515 West 20th Street in New York.
A vast majority of cooling towers in New York City have been out of compliance with city health laws over the past decade, which could complicate the city's response to its second major Legionnaires’ disease outbreak in as many years. Since 2017,...
Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B. The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing...
National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline.
AI server maker’s bet on Prologis-built space highlights how power capacity, not just square footage, is now driving Silicon Valley’s manufacturing real estate boom Quanta Computer Inc. is locking down more ground in the city that has become Silicon Valley’s factory floor for the AI boom, agreeing to lease a nearly…
Health system’s cash purchase closes a decade-long land fight and adds another parcel to its expanding Tri-Valley footprint Sutter Health has picked up a 27-acre parcel at the interchange of Interstate 580 and Hacienda Road in Dublin that spent more than a decade tied up in a failed bid to bring an Ikea superstore…
Majestic Realty Co. and the Salt River Pima-Maricopa Indian Community (SRPMIC) have agreed to a 99-year ground lease that will serve as the foundation for a new, light industrial project serving the Community and the greater Phoenix metro area. With an anticipated groundbreaking in 2027, the development is expected…
Mayor Zohran Mamdani on Thursday issued the Rental Ripoff Report, a package of 23 tenant protection recommendations. The Real Estate Board of New York (REBNY) responded with a statement from President James Whelan saying that the administration “continues to paint property owners with a broad brush, unfairly…
The post Florida People & Companies, July 17, 2026 appeared first on Connect CRE .
Cushman & Wakefield has arranged a $58.6 million refinancing for The Ellington, a 190-unit luxury multifamily property with more than 16,000 square feet of retail space at 1301 U Street NW in Washington, D.C. The Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Alex Hernandez, Marshall…
A drone-boat startup plans to use the Port of Brownsville as its base for a $3.2 billion military contract. Saronic Technologies Inc. was selected over a competitor in the Bay Area of California. The company bills it as a next-generation shipyard for building advanced autonomous vessels. Saronic plans to break…
This is a news report published by Commercial Observer in July 2026 documenting a $101 million C-PACE (Commercial Property Assessed Clean Energy) loan provided by Nuveen Green Capital for a project identified as Newark Studios. The item covers a debt-financing transaction in the capital markets sector.
This is a commercial real estate deal announcement published by Commercial Observer in July 2026 reporting on Catholic Homes securing a $147 million construction loan for a housing development project in the Bronx. The article covers debt financing and capital markets activity at the national and New York market levels.
This is a news article published by Commercial Observer in July 2026 reporting on an executive hiring announcement at Tishman Speyer, a real estate firm. The article covers the appointment of Joseph Ghazal, a former Prologis executive, to a leadership role focused on international expansion.
Applied Optoelectronics Inc. began construction on two adjacent projects in Pearland that will add nearly 400K SF of manufacturing capacity.
A New Orleans-based investor paid one of the highest prices for an Atlanta apartment tower this year as more companies shell out top dollar for new and well-located multifamily projects in the metro area.
This is a news article published by Wolf Street in July 2026 reporting on pending home sales data, noting a decline to near-record lows nationally with particular weakness in the West region, in the context of rising mortgage rates.
New federal law bans large investors from buying existing homes, pushing capital toward build-to-rent as institutions begin selling scattered-site portfolios. The post New Housing Law Pushes Institutional Landlords Toward Build-to-Rent appeared first on Propmodo .
Pasadena REIT’s exit from aging Greater Stanford campus underscores the depth of the Bay Area’s office repricing An affiliate of San Francisco-based Harvest Properties has closed on two aging office and research buildings in Palo Alto’s Greater Stanford submarket for a price that lays bare how far Bay Area office…
MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development…