What happened, and who moved.
The Bascom Group acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in Buena Park. The purchase price was $53,125,000, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and Jake Vitta of IPA Capital Markets arranged the acquisition financing, with…
NewPoint Real Estate Capital has originated a $34.6 million floating-rate bridge-to-agency loan for the acquisition and planned conversion of Clarion Collection Arlington Court Suites, a 187-unit property located in Arlington, Virginia. The bridge loan, which was used to finance the purchase of the extended-stay…
CPC Mortgage Company, a subsidiary of The Community Preservation Corporation, has structured a $42.1 million loan for the preservation and rehabilitation of Parkside Estates and Demby Terraces, a 315-unit affordable housing community in Inkster, Michigan. Developed by Good Housing Partnership in partnership with…
This is a news article published by Commercial Observer in July 2026 reporting on a leasing activity involving Pure Paws Veterinary Care relocating to a 5,000 square foot space at 1 Putnam Avenue in Brooklyn, New York.
Traditionally, most homes for sale appear on all the major real estate portals the day they list. While this gives the home maximum visibility on day one, it also puts pressure on sellers to nail a one-shot listing—or risk making a bad first impression. But now many sellers also have a new option: a soft-launch,…
Cox, Castle & Nicholson LLP served as real estate and permitting counsel to IPX Power, LLC on the committed financing for the construction and operation of its Darden renewable energy projects in Fresno County, California. The financing encompasses $4.95 billion of construction debt. It includes a $403-million…
First Washington Realty (FWR) has acquired Evergreen Village, a 123,562-square-foot grocery-anchored community shopping center in Bellevue, Washington, expanding the firm’s Pacific Northwest portfolio to 2.3 million square feet. Anchored by a Safeway supermarket, Evergreen Village features a diverse mix of fitness…
BKM Capital Partners has acquired a five-building Metro Seattle industrial portfolio. The assets, located in the market’s premier South King County industrial corridor, were acquired on behalf of BKM Industrial Value Fund III. Totaling 401,000 square feet across approximately 19 acres of infill industrial space,…
Mapletree Investments has broken ground on a 419,520-square-foot best-in-class industrial facility in Chicago’s Joliet submarket. The property sits on a 29.36-acre site at 1851 Brandon Road with delivery scheduled for 2027. “This groundbreaking brings another high-quality logistics asset to one of the most…
Cushman & Wakefield arranged the sale of a three-building industrial portfolio totaling approximately 667,024 square feet (sf) at Interchange Logistics Center in San Bernardino. Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan represented both the seller, Cabot Properties, and the buyer, EQT. Terms…
The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million. The buyer was Steller Senior Living. The seller was PGIM Real Estate. Built in 2018, the two-story assisted living facility contains 83,059 square feet on 3.42 acres in the Shadow Mountain…
Gov. Kathy Hochul has selected a team of Gotham Organization, Fisher Brothers and Mural Real Estate Group to develop 1,127 housing units on a state-owned site currently used for parking near the USS Intrepid Sea, Air, and Space Museum on Manhattan’s Far West Side. Thirty percent of the units in the two-tower…
PCCP provided a $61.3 million loan to PGIM and Kennedy Wilson for the refinance of Parc Riverside East, a luxury mid-rise apartment community in the Navy Yard neighborhood of Washington, D.C. Built in 2014 and located at 1011 First Street SE, the 287-unit, 13-story property features studio, one-bedroom, and…
A Commercial Observer news brief from July 2026 reporting on a leasing transaction in which data intelligence firm Curinos leased 14,000 square feet of office space at 10 Grand Central, a property owned by Marx Realty in New York.
This is a commercial real estate deal announcement published by Commercial Observer in July 2026 reporting that Bridges Development Group purchased Kingswood Center in Brooklyn for $31 million. The item is classified as a capital markets transaction.
This is a profile interview published by Commercial Observer in July 2026 featuring Iris Escarrá of Greenberg Traurig, focusing on capital markets topics with national and New York scope.
This is an economic update published by Wolf Street on July 15, 2026, reporting on producer price inflation metrics, specifically noting core PPI at 4.7% and services PPI at 4.6%.
RealPage’s acquisition of Cherre strengthens its AI-driven real estate platform, uniting fragmented data and reinforcing its focus on governance and trust. The post What RealPage’s Acquisition of Cherre Reveals About Its Strategy After the Antitrust Settlement appeared first on Propmodo .
The Fremont Marriott Silicon Valley has changed hands for the first time in more than a decade, giving a Dallas-based hotel REIT working through its own mounting debt problems a fresh infusion of cash and handing a new owner one of the East Bay’s largest full-service hotels just as the city touts its rise as […]…
StreetLights Residential has secured $54 million in equity, along with $111.5 million in construction loans, for a new 22-story Plano apartment complex expected to open in 2029. The project will be part of the conversion of The Park of Legacy, a 107-acre office campus into a mixed-use development with apartments,…
A Mesa planning board will consider a nearly 268,000 proposed expansion to an existing Boeing manufacturing facility on the east side of Greenfield Road north of McDowell Road. (Photo courtesy of Todd Photographic Services) AZBEX reports the one-story building is proposed as a Boeing Fabrication Center, adjacent to…
The Signorelli Company announced Commerce District at Valley Ranch, a mixed-use destination that represents the next phase in the evolution of the 1,400-acre Valley Ranch master-planned community in New Caney, Texas. Situated on 55 acres, Commerce District will encompass 400,000 square feet of commercial…
This is a news article published by Commercial Observer in July 2026 reporting on Governor Hochul's selection of developers to construct 1,127 housing units in the Hell's Kitchen neighborhood of New York.
This is a news article published by Commercial Observer in July 2026 reporting on property values in Los Angeles County, noting a total valuation of $2.27 trillion amid wildfire impacts and market conditions. The piece covers capital markets developments with national scope.
This is a podcast episode published by Commercial Observer in July 2026 featuring an interview with DealGround CEO Dan Mosher discussing how artificial intelligence assists real estate brokers with prospecting activities.
This is a news article published by Commercial Observer in July 2026 reporting on the departure of Kevin Miller from his role as CEO of Thorofare Capital after 17 years with the company. The article covers a capital markets leadership change affecting a New York-based firm.
This is a news article published by Commercial Observer on July 15, 2026, reporting on a $30 million construction financing deal for a Jewish high school backed by real estate investor Jeff Sutton. The item covers a capital markets transaction with national scope and New York geography focus.
This is a news article published by Commercial Observer in July 2026 reporting on a leasing activity involving restaurateur James O'Brien opening a wine bar at Naftali's Williamsburg Wharf location in New York.
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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...
CHICAGO — Cambridge Realty Capital has arranged $21.5 million in bridge-to-HUD acquisition financing for a skilled nursing facility totaling 108 beds in Kentucky. A regional commercial bank provided the first mortgage… The post Cambridge Arranges $21.5M Bridge-to-HUD Financing for Kentucky Skilled Nursing Facility…
By Matt Valley At least half of all seniors housing operating companies don’t make a nickel off the management of their buildings, says Jerry Frumm, vice chairman of Senior Lifestyle,… The post Pay Seniors Housing Operators What They’re Worth, Industry Executive Urges Owners, Investors appeared first on Seniors…
SEVIEVILLE, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a skilled nursing community located in Sevieville near the foothills of the Great Smoky Mountains. The facility is… The post SLIB Arranges Sale of 98-Bed Skilled Nursing Community in Eastern Tennessee appeared first on Seniors…
WESTLAKE VILLAGE, Calif. — LTC Properties has acquired two communities located in Colorado and New Mexico for a combined purchase price of $73 million. Harbert Management Corp. was the seller. Berkadia… The post LTC Acquires Communities in Colorado, New Mexico for $73M appeared first on Seniors Housing Business .
The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent and to exempt developments of fewer than 24 units entirely, delivering the market-rate half of a bargain that also sent a $125 million-a-year affordable housing fund to the…
Blue Owl Capital has placed the five-building Milpitas R&D campus it bought from Western Digital in a 2023 sale-leaseback back on the market, offering investors a 12.5-year triple-net lease to SanDisk, 13 megawatts of power and more than $375 million of tenant capital sunk into flash memory laboratories now feeding…
ATHENS, GA. — CCI Real Estate has begun construction on 290 Lumpkin, a 353-bed student housing development located near the University of Georgia campus in Athens. The community is being developed in partnership with the Georgia Baptist Mission Board and will include ministry space for Baptist Collegiate…
HUMBLE AND ROWLETT, TEXAS — Cushman & Wakefield has arranged $95.7 million in financing for a portfolio of two affordable housing properties totaling 626 units. Grove East is a 324-unit, garden-style property located in the northern Houston suburb of Humble, and Rowlett Station is a 302-unit midrise building…
SHENANDOAH AND RICHMOND, TEXAS — Pinecroft Realty has refinanced two medical office buildings totaling approximately 70,000 square feet in metro Houston. The loan amount(s) was not disclosed. The buildings include the 57,000-square-foot Vision Park Medical Office Building in Shenandoah, located north of Houston,…
SAN ANTONIO — Andover Properties has acquired Rail Drive Commerce Center, a 134,500-square-foot industrial flex building in northeast San Antonio. Completed in April and acquired by Andover in May, Rail Drive Commerce Center offers small-bay and flex spaces that are configured as move-in ready suites and feature…
MCDONOUGH, GA. — Highline Warren, a distributor of cleaners and other fluids for the automotive and industrial sectors, has announced plans to invest $170 million in a new logistics hub in metro Atlanta. The Memphis-based company will build-out and occupy the former Zinus building, a 1.1 million-square-foot…
LUBBOCK, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of All American Storage, a 464-unit facility located in the West Texas city of Lubbock. The facility spans 54,453 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the…
JACKSONVILLE BEACH, FLA. — JLL has arranged a $76.8 million construction loan for a 415-unit multifamily development in Jacksonville Beach. Mark West led the JLL team in arranging the four-year, floating-rate loan through Ameris Bank on behalf of the borrower, Trevato Development Group. Located along Beach…
OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller,…
CHARLOTTE, N.C. — Trinity Capital Advisors and Town Lane have begun renovations on 440 South Church, a 15-story, 388,657-square-foot office building in Uptown Charlotte. Current tenants at the Class A property include Driven Brands and HDR Engineering. Updates to 440 South Church will include a redesigned lobby,…
Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison represented Extant Aerospace securing the building. The Orlando Business Journal reports the new facility is part of the Harbour Logistics Center development, an…
JLL has recently been selected as the exclusive leasing team for Heritage Plaza. The 1.15 million-square-foot, 51-story property is located at 1111 Bagby Street JLL’s Jon Dutton, Tyler Garrett, and Paul Frazier will lead leasing efforts on behalf of Brookfield Properties and AEW Capital Management. Heritage Plaza…
Richland Capital Holdings broke ground on Lakeview Corporate Park, a new 310,000-square-foot logistics space, at 6700 Lakeview Center Drive. The Tampa Bay Business Journal reports the project will redevelop a three-story office building into two rear-load distribution buildings designed to serve a wide range of…
Congressional Republicans are pursuing a third budget reconciliation bill before the midterm elections to fund defense priorities and potentially advance election-security measures, using reconciliation to bypass the Senate filibuster.
After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300 units this month, even as a resurgent tech market drives up building prices and threatens to shrink the supply of properties cheap enough to convert. San…
A freestanding, three-story Class A office building in Pleasanton’s Bernal Corporate Park has hit the market as a rare owner-user opportunity, fully occupied by Rimini Street under a lease that runs into January 2027 in a submarket where roughly two of every five Class A square feet sit empty. The…
Mountain View is preparing to sell off an entire public street to clear the way for a seven-story, 216-condominium tower from DeNardi Wang Homes, doubling the size of a project the city first approved half a decade ago and marking the second time this year the city has agreed to relinquish a road for housing. […]…
Upside Foods, the cultivated meat company that raised more than $600 million at a billion-dollar valuation and then cut staff three times in 13 months, has leased 18,505 square feet at 6101 Christie Avenue in Emeryville, a lease that appeared on the Bay Area’s life sciences roster in the same quarter that a nearby…
The space-based solar power startup founded by Robinhood co-founder Baiju Bhatt leased 14,825 square feet at 1710 Industrial Road in San Carlos, then renamed itself Cowboy Space Corporation and raised $275 million at a roughly $2 billion valuation, a sequence that placed a satellite company on the San Francisco Bay…
The residents of Salinas’ 82-space Alisal Country Estates Mobile Home Park have collectively purchased the property for $12 million, converting a rented-land community into one of the region’s first resident-owned parks and shielding dozens of farmworker and fixed-income households from the rent hikes reshaping the…
BELLEVUE, WASH. — First Washington Realty has acquired Evergreen Village, a 123,562-square-foot grocery-anchored community shopping center located across Lake Washington from Seattle in Bellevue. Terms of the transaction were not released. Tenants include Safeway, Edgeworks Climbing, Puetz Golf Superstore and…
CHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W. Randolph St., the four-story asset totals 6,500 square feet and includes a ground-floor retail space leased to Rōti Modern…
NORTHBROOK, ILL. — Nonprofit developer Housing Opportunity Development Corp. (HODC) has opened Poupard Place, a permanent supportive housing community in Northbrook. The 48-unit, four-story community at 1593 Shermer Road provides affordable housing for individuals and families living with disabilities. The…