What happened, and who moved.
A California company incorporated only four months ago is courting at least eight Bay Area fairgrounds with a plan to build small data centers, parking garages and helicopter pads on public event land, even as public records show no disclosed funding, no registered subsidiaries and no permits behind its…
San Jose planners are advancing a once-in-four-years rewrite of the city’s growth blueprint that would open single-family neighborhoods to small apartment buildings and rezone a slice of Winchester Boulevard for eight-story towers, setting up an Aug. 18 City Council showdown between housing advocates who say it…

JACKSONVILLE, FLA. — NAI Hallmark has arranged the $14.7 million sale of Butler Pointe, a five-story, 151,815-square-foot office building located at 4500 Salisbury Road in Jacksonville. Daniel Burkhardt, Keith Goldfaden and Alex Caliel of NAI Hallmark represented the seller, an entity doing business as Acorn Butler…

ISLAMORADA, FLA. — Bass Pro Shops, an outdoors retailer based in Springfield, Mo., has purchased Cheeca Lodge & Spa, a 27-acre resort in the Florida Keys city of Islamorada that was established in 1946. Northwood Investors sold the property to Bass Pro Shops but will continue to manage the 254-room resort and…

NEW YORK CITY — SPORTFIVE has signed an 18,038-square-foot office lease in Midtown Manhattan. The German sports marketing firm will occupy a full floor at 477 Madison Avenue, a 24-story building. Peter Van Duyne and Alex Lachmund of Cushman & Wakefield represented the tenant in the lease negotiations. Arkady…

GILBERT, ARIZ. — Dallas-based StreetLights Residential has sold The Tyler, a 320-unit apartment community in Gilbert, to Camden Property Trust for an undisclosed price. Asher Gunter, Matt Pesch and Austin Groen of CBRE represented the seller in the deal. Situated within the Agritopia master-planned community, The…

ASHEVILLE, N.C. — Colliers has brokered the sale of Westgate Shopping Center, a 111,852-square-foot shopping center located at 40 Westgate Parkway in Asheville. Built in 1956, Westgate is leased to Earth Fare, CVS, Crumbl Cookies, The UPS Store and other national and regional retailers. UNC Health purchased the…

WOODBRIDGE, VA. — Newmark has negotiated the $132 million sale of Featherstone Industrial Park, a 13-building, 734,606-square-foot industrial property in Woodbridge, a city in Northern Virginia that sits about 23 miles from Washington, D.C. The park is located about three miles from I-95 and was fully leased to 45…

BUENA PARK, CALIF. — The Bascom Group has acquired Castlewood Park Apartments, a 183-unit value-add multifamily property in Buena Park, for $53 million, or $290,301 per unit. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk and Jake Vitta of Institutional Property Advisors (IPA), a division of Marcus & Millichap,…

PASADENA, CALIF. — Marcus & Millichap has brokered the $22 million sale of 119 S. Los Robles Avenue, a mixed-use building in Pasadena. A company doing business as MLT VII LLC sold the asset to an undisclosed funding investment corporation. Built in 2015, the five-story property features 50 condominiums and 3,700…

REDDING, CALIF. — Panattoni Development Co. has completed a 95,000-square-foot Amazon delivery station within Stillwater Business Park in the Northern California town of Redding. The logistics space is located at 5855 Venture Parkway. Panattoni worked in coordination with Shasta Economic Development Corp. and the…

MINNEAPOLIS — Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The transaction adds 12 healthcare, office and industrial tenant advisory team members and a broad property management portfolio. Established in 2021 through the merger of Excelsior Advisory…

JOLIET, ILL. — Mapletree Investments has broken ground on a 419,520-square-foot speculative industrial facility in Joliet. Completion of the 29-acre project is slated for the first quarter of 2027. Situated along the I-80 and I-55 interchange, the development will provide direct connectivity to the Joliet…

WISCONSIN — Hanley Investment Group Real Estate Advisors has arranged the off-market sale of three single-tenant retail properties occupied by O’Reilly Auto Parts in Wisconsin. Eric Wohl and CJ Kiehler of Hanley, in association with ParaSell Inc., represented the seller, a Montana-based development company. The…

CHICAGO — JLL Capital Markets has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower. Standing 76 stories and 893 feet tall, the property is Chicago’s tallest rental tower, according to JLL. Located at 1210 S. Indiana Ave. along Grant Park, NEMA…

Grover Corlew has refinanced Hillsboro Center, a 223,716-square-foot office park in Deerfield Beach, Fla. A two-year, $30 million senior loan was originated by BankUnited and arranged by JLL Capital Markets. Commercial Search reports Grover Corlew acquired the two-building office park in 2019 for $32.5 million from…

Amazon leased 1,219,826 square feet at 1305 Highway 42 South, 20 miles southeast of Atlanta. PNK Group USA developed the site that was delivered in March. The Atlanta Business Chronicle reports the lease is likely the town’s largest so far this year. In addition to Amazon, PNK Group has attracted other tenants to…

U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% drop in the energy index drove the monthly all-items decrease, more than offsetting increases in indexes for shelter and food, the Bureau of Labor Statistics said Tuesday. The…

BayCare Health System has topped out its $563 million hospital in Palmetto. The 463,000-square-foot facility is slated to open near the end of 2028. The Tampa Bay Business Journal reports the hospital will include 154 private patient rooms and can expand to over 200 beds as demand accelerates. Emergency care,…

The massive Nashville hotel-and-entertainment Mecca is getting even more massive. The Gaylord Opryland Resort & Convention Center features 2,888 guest rooms, 20 restaurants, nine acres of indoor atriums featuring lush plants, winding pathways, and waterfalls with flatboat rides inside the hotel. Amenities include…
RXR, Waterfall Asset Management, and New York Life Investment Management financed a $103 million recapitalization of Sylvan Corporate Center, a 276,000-square-foot, four-building medical office campus in Englewood Cliffs, New Jersey, owned by Andalex Group since 2004. The financing will refinance an existing mortgage and support an expansion by anchor tenant Englewood Health, which signed a 20-year lease extension and plans to double its footprint to 202,000 square feet, including a 50,000-square-foot outpatient imaging center and 50,000-square-foot physician office space.
New York Governor Kathy Hochul signed an executive order establishing the nation's first statewide data center moratorium, imposing a one-year ban on construction of facilities with at least 50 megawatts of capacity, while directing state regulators to develop new environmental, energy, and water-use standards. The moratorium was enacted amid concerns that increased data center development driven by AI demand could increase utility bills and strain natural resources, though industry experts disputed the necessity of the restriction.

Noda, a Washington D.C.-based artificial intelligence startup, has launched agentic AI technology designed to automate 24/7 commercial building operations and address industry-wide facility operator shortages by finding and fixing operational inefficiencies without human intervention. According to the company, across its deployed portfolio of 1,200 buildings totaling 350 million square feet, Noda has eliminated 80 percent of manual workflows, reduced issue resolution time by 40 percent, and customers report NOI growth of 0.5 to 2 percent with multiplier gains of 14x to 20x.
RealPage, a multifamily software and data analytics firm based in Richardson, Texas, acquired Manhattan-based Cherre, an institutional portfolio intelligence platform founded in 2016 that analyzes over 4 billion entities and $4 trillion in real assets globally. The acquisition, announced in July 2026, will enable RealPage customers to access Cherre's unified data models and intelligence layer to enhance decision-making for institutional investors and operators, with RealPage CEO Dirk Wakeham citing the combination of Cherre's technology with RealPage's 25 petabytes of data as a means to improve data organization for artificial intelligence applications.

Takeaway: Rates will fall today after an unexpectedly soft CPI inflation reading that will keep the Fed from hiking at the July 29th meeting. Inflation data comes in much lower than forecasters expected. Overall headline inflation came in at -0.4% month-over-month (3.5% annual) in June due to energy price declines.…

Natera, the multibillion-dollar genetic testing company that moved its headquarters to Austin but kept its scientific core on the Peninsula, has leased 19,652 square feet at 2 Tower Place in South San Francisco, a Ventas-owned tower where the commitment lands as the company’s existing South San Francisco lease…

Danny Fishman, CEO and co-founder of GAIA Real Estate, built the firm into a prominent institutional investor managing over 80 properties, 20,000 residential units, and $4 billion in assets under management by acquiring distressed properties at steep discounts during market downturns, including a landmark 2012 partnership with Starwood Capital Group to acquire a 32-property, 9,500-unit Sun Belt multifamily portfolio for roughly $446 million that was later exited in 2022 for more than 15 times the investment. The article details Fishman's strategy of forward-looking deal-making, including his decision to relocate GAIA's headquarters from New York City to Miami in December 2025 and pursue development opportunities in South Florida through partnerships such as the $150 million MILAS fund with Moderno Development Group.

ORLANDO, FLA. — Boston-based Taurus Investment Holdings has obtained an $85.4 million loan to refinance two Orlando-area assets, The Summit at Metrowest and The Legends at ChampionsGate. Matt Robbins, Mitch… The post Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties appeared first on Multifamily…

LAWRENCE, MASS. — Northmarq has arranged a Fannie Mae loan for approximately $22.9 million for Arrowpoint Properties’ acquisition of Elora Flats & Townhomes in Lawrence, 30 miles north of Boston. Northmarq’s… The post Northmarq Arranges $22.9M for Affordable Housing Acquisition in Lawrence, Massachusetts appeared…

HOLLYWOOD, FLA. — Starlife Group has launched pre-leasing at 21 Hollywood, a 200-unit luxury community in Hollywood, Florida. The 14-story mixed-use tower at 2100 N. Federal Highway includes 10,000 square… The post Leasing Begins at 21 Hollywood in South Florida appeared first on Multifamily & Affordable Housing…
Robert Knakal argues that artificial intelligence is rapidly commoditizing information, making judgment—the ability to synthesize information and make superior decisions—the new competitive advantage in commercial real estate and other professional fields. He contends that judgment cannot be automated and is built through accumulated experience, relentless curiosity, and continuous learning from both successes and failures, positioning those who develop strong judgment as increasingly indispensable as information becomes universally accessible.

Rose Associates, a New York-based multifamily property manager, has more than 40,000 units under management. It’s already one of the largest firms in the region, but it's not stopping there. The firm is rapidly expanding its presence throughout the...

Related Midwest may get a leg up to its development of the Chicago Fire's new stadium at The 78 after a city committee approved $425M in tax increment financing to help with infrastructure costs at the site.

The new sweeping federal housing law is poised to fundamentally change the flow of institutional investment in the residential sector, potentially resulting in a rebound of construction of build-to-rent properties. The 21st Century Road to Housing Act...

Denver’s office market is still recovering from the pandemic, but second-quarter reports indicate it is shifting toward stabilization with positive net absorption. Office tenants took approximately 119,700 SF more than they vacated in Q2, according...

Twelve attorneys general sued to stop the merger of Paramount and Warner Bros. Discovery, saying the union violates antitrust laws. The AGs have joined forces to block Paramount’s $111B grab for Warner Bros. Discovery, which would destroy competition...

WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) Board has announced new executive board member organizations, following its executive board meeting in June. ASHA’s board has approved Janus Living, Arcole… The post ASHA Board Approves New Member Organizations, Representatives appeared first on…
BILLINGS, Mt. — Specialty investment bank Ziegler has announced the closing of a $191.5 million bond financing through the Montana Facility Finance Authority on behalf of St. John’s Lutheran Ministries, doing… The post Ziegler to Close $191.5M Bond Financing for St. John’s United appeared first on Seniors Housing…

PEARLAND, Texas — 12 Oaks Senior Living has assumed management of The Reserve at Pearland, an assisted living and memory care community located in Pearland, about 20 miles southeast of Houston. … The post 12 Oaks Senior Living Assumes Management of Community Near Houston appeared first on Seniors Housing Business .
ANNAPOLIS, Md. — Seniors housing occupancy in the second quarter of 2026 neared 90 percent in the second quarter of 2026, according to the National Investment Center for Seniors Housing &… The post NIC: Seniors Housing Occupancy Nears 90 Percent appeared first on Seniors Housing Business .
Glasshouse has signed a long-term lease for 66,436 square feet at 3 World Trade Center. The 30-year agreement for a portion of the ground floor and the entirety of the second and third floors brings the event, hospitality and experiential venue operator to the World Trade Center campus for its fourth Manhattan…
Marcus & Millichap closed the sale of an industrial condominium at 30 Log Bridge Rd. in Middleton, MA. The asset sold for $2,525,000. “The quality of this industrial condo drove interest from owner-users and investors,” said Mattias Edenkrans, associate director investments in Marcus & Millichap’s Boston office.…
Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino. Although the buyer didn’t disclose the acquisition price, the Silicon Valley Business Journal recently reported it as more than…
Construction has begun at 51-02 Roosevelt Ave., a 19-story condominium rising at the border of Sunnyside. The development is led by Hiwin Group USA, whose previous work includes 300 W. 30th St. in Chelsea, a 16-story, 69-residence condo project that sold out in nine months. Scheduled for delivery in 2029, 51-02…
Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $5.25-million sale of Hyperion Residences, a three-parcel development site located at 835 N. Hyperion Ave. in Los Angeles’ Silver Lake neighborhood. Northmarq represented the seller, Hyperion Apartments…

CBRE hired Robert Koontz, formerly head of multifamily capital markets at Freddie Mac where he spent 17 years, as head of multifamily debt capital markets effective July 6, 2026, to expand the brokerage's loan business and balance sheet strategies. According to CBRE's multifamily capital markets head, the company originated more than $30 billion in multifamily debt in 2025 with 2026 volume up 60 percent year-over-year.

JPMorgan Chase provided a $205 million refinancing loan for Blackstone's East Miami hotel, a 39-story, 352-room property in the Brickell district that Blackstone acquired for approximately $300 million in 2025. The property, completed in 2016 and located within the Brickell City Centre mixed-use complex, represents the first debt loaded onto the asset and marks the second major South Florida hotel refinancing JPMorgan has provided to Blackstone in recent months.

Midwood Investment & Development purchased 423 Fulton Street in Downtown Brooklyn, a four-story mixed-use building with ground-floor Panda Express retail and office space occupied by Staywell Medical Group, for $9.5 million from an LLC that included real estate investor Ralph Braha and the Nakash family. The transaction occurred amid a retail resurgence in the neighborhood following plans to redevelop the former Macy's building across the street into a retail and amusement destination called BKX.

Fashion platform Orly leased 20,014 square feet of office space at 20 West 33rd Street in Midtown South on a 10-year lease at $55 per square foot asking rent from landlord JLA Home. The company, founded in 1980 and managing over 20 brands including Aeropostale, Lucky Brand and Nine West, plans to relocate to the new space in early 2027 from its current headquarters located one block north.
Fed Governor Christopher Waller stated that the Federal Reserve should consider tightening monetary policy in the near term if core inflation data from the Consumer Price Index (Tuesday) and Producer Price Index (Wednesday) show continued elevated readings, citing concerns about repeating the 2021 mistake of waiting too long to hike rates. Core PCE inflation reached 3.4% and core services PCE reached 3.7% as of the article date, both well above the Fed's 2% target, while Treasury yields rose significantly with the 1-year yield climbing 6 basis points to 4.12%.

Pennsylvania families sold 1,700 acres for $586 million to Blackstone's QTS for data centers, creating a new class of rural multimillionaires. The post Rural Landowners Cash Out as AI Data Center Demand Surges appeared first on Propmodo .
Gantry has secured a $16.5 million permanent loan to support the purchase of Meadowlark Industrial Center, located at 404 N. Holladay Street in Cornelius, Oregon, a key industrial submarket in Portland’s fast-growing Silicon Forest technology corridor. Recently completed in 2024, the modern property is 100%…
Berkadia completed the sale of The Commodore, a 423-unit luxury multifamily community with 18,461 square feet of ground-floor retail located in Arlington, Virginia’s Court House neighborhood. Senior Managing Director Brian Crivella, Managing Directors Yalda Ghamarian and Bill Gribbin and Associate Director Jack…
Winkler Development acquired all the properties that make up Mainstreet at FlatIron, a 94,000-square-foot portfolio in Broomfield that includes a two-story retail and office property, a multi-tenant retail building, and a surface parking lot. The price for the package was $19.95 million. Wells Fargo provided a $12…
Altitude Capital Partners, a Chicago-based real estate development and investment firm, in partnership with Shanna Collective, has acquired 1447 N. Dearborn Street — historically known as The Dearborn — for $10 million. The building holds a notable chapter in Chicago’s architectural and cultural history. Originally…
Sabey Corporation and National Real Estate Advisors announced that Ares Secondaries funds have made a minority equity investment in Sabey Data Center Properties (SDCP), an owner, developer, and operator of data centers across the United States. SDCP is a fully integrated data center platform jointly owned and…
Air taxi manufacturer Archer Aviation Inc. has agreed to lease a 501,000-square-foot industrial complex in Morgan Hill ahead of launching its first passenger flights later this year, reported the Silicon Valley Business Journal. The San Jose-based company will lease all five buildings at Trammell Crow Company’s…
The CRE Finance Council (CREFC) said Monday its Second-Quarter 2026 (2Q26) Board of Governors (BOG) Sentiment Index rose 0.9% to 101.0 from 100.1 in the previous quarter, holding near the survey’s 2017 baseline of 100.0 after the prior quarter’s 20.2% decline. However, Beneath the modest headline move, results were…
Greenstone Partners has brokered the sale of 1012 W. Randolph Street, a fully leased mixed-use investment property located along Restaurant Row in Chicago’s Fulton Market neighborhood. The property sold for $4.05 million, with the transaction brokered by Danny Spitz, Managing Partner, and Tom Galvin, Investment…
A Deutsche Bank-led lender consortium filed a notice of default against Hackman Capital Partners for over $357 million owed on Television City, a 25-acre landmark studio in Los Angeles's Fairfax District that has hosted productions including "The Price Is Right" and "American Idol," with potential buyers such as Rick Caruso circling the property. The default reflects broader distress in HCP's studio portfolio amid post-pandemic production slowdowns, 2023 industry strikes, rising interest rates, and studio consolidation, including Goldman Sachs's takeover of the Radford Studio Center and Netflix's pending $400 million acquisition of it for a fraction of the nearly $1.9 billion HCP paid for the property in 2021.