What happened, and who moved.
Morningstar DBRS downgraded credit ratings on five classes of Commercial Mortgage Pass-Through Certificates Series 2019-B12.
IRVINE, CALIF. — C&C Development, a Tustin, California-based affordable housing developer, has completed and opened Cartwright Family Apartments in the Irvine Business Complex. The 4 percent LIHTC project, which is… The post C&C Opens Affordable Housing Development in Irvine, California appeared first on…
FAIR LAWN, N.J. — Finance and investment management firm PCCP has provided a $66.9 million loan for the development of a new active adult community located in Fair Lawn, roughly 25… The post PCCP Provides $66.9M Loan for Active Adult Development in Metro New York City appeared first on Seniors Housing Business .
Today’s seniors are arriving at communities with Netflix accounts, smartphones, and decades of connected habits — and they expect the same seamless technology experience they had at home. In this… The post Webinar: Meeting the Tech Expectations of the Next Generation of Seniors Housing Residents appeared first on…
🎙️ Single-Family Rental REITs Continue to Evolve: New Insights from Capright’s On the Spot with Kris Oxtal The Single-Family Rental (SFR) REIT sector remains one The post Single-Family Rental REITs with Kris Oxtal – July 2026 appeared first on Capright .
LOS ANGELES — Kennedy Wilson and Jamison have partnered to develop 4,000 affordable housing units across Los Angeles through adaptive reuse and ground-up construction. Specifically, the partnership is comprised of… The post Kennedy Wilson, Jamison Team Up to Develop 4,000 Units of Affordable Housing in Los Angeles…
KANSAS CITY, MO. — Milhaus will develop Linwood & Troost, a 194-unit affordable housing community in Kansas City. Construction is slated to begin at the end of 2026, with completion… The post Milhaus to Develop 194-Unit LIHTC Project in Kansas City appeared first on Multifamily & Affordable Housing Business .
WASHINGTON, D.C. — PCCP, a Los Angeles-based commercial real estate finance and investment management firm, has provided a $61.3 million refinancing loan to PGIM and Kennedy Wilson for Parc Riverside… The post PCCP Provides $61.3M Refinancing Loan for Parc Riverside East in D.C. appeared first on Multifamily &…
JACKSONVILLE, FLA. — American Landmark Apartments, a Tampa, Florida-based private equity-backed multifamily investment manager and owner-operator, has acquired two properties in Jacksonville. Mirador Apartments at River City and Stovall Apartments… The post American Landmark Apartments Buys Two Jacksonville…
The document reports that the six-month Treasury yield has risen to approximately 4%, with the government selling $84 billion of six-month Treasury bills at an investment rate of 3.97%, up from 3.80% two weeks prior, signaling that bond markets expect multiple Federal Reserve rate hikes within the next six months. The article argues that the bond market is clearly telling the Fed to proceed with rate increases, as evidenced by the 2-year Treasury yield surging 76 basis points since early February to 4.14%, and that banks are raising CD yields above 4% in response to incoming economic data.
The Bank of Japan has reduced its total assets by ¥116.9 trillion (15.6%) since Q1 2024 through quantitative tightening, bringing holdings to ¥639.6 trillion ($3.97 trillion) as of Q2 2026, the lowest level since Q1 2020, while pursuing this policy rather than aggressive interest rate increases to stabilize the yen and address import-driven inflation. Japanese government bond holdings declined ¥12.5 trillion in Q2 to ¥518.3 trillion, loan balances fell ¥9.7 trillion to ¥68.0 trillion, and the BOJ has begun selling equity ETFs and J-REITs at acquisition cost while allowing long-term bond yields to rise substantially, with the 30-year JGB yield reaching 4.0% and the 10-year yield reaching 2.7% despite maintaining policy rates at only 1.0%.
The 30-year fixed-rate mortgage averaged 6.49% in June 2026, up 8 basis points from May and 44 basis points since late February, while the 15-year rate averaged 5.82%, driven by market pricing of potential Federal Reserve rate hikes due to persistent inflation and a resilient labor market. The 10-year Treasury yield averaged 4.48% in June but eased later in the month to around 4.44% following a preliminary U.S.-Iran agreement that temporarily reopened the Strait of Hormuz for commercial shipping.
Research from NORC at the University of Chicago examines longevity outcomes comparing senior housing residents to community-dwelling older adults.
Research from NORC at the University of Chicago examines vulnerability outcomes for older adults following transition into senior housing communities.
Nonfarm payrolls rose 57,000 jobs in June 2026 with the six-month average reaching 88,000, the highest in two years, while the labor force declined to 169.36 million amid a crackdown on illegal immigration and H-1B visa restrictions, resulting in a historically low 4.19% unemployment rate despite weak job demand. Employment gains across major industries showed healthcare and social assistance adding an average of 50,000 jobs over three months, while financial activities declined by 9,000 monthly on average due to real estate sector weakness, with prime-age labor force participation dropping to 83.3% in June as wage growth at 3.52% year-over-year lagged accelerating inflation at 4.2%.
The U.S. labor market added 57,000 nonfarm payroll jobs in June 2026, the smallest gain since February, with downward revisions of 74,000 jobs to April and May reports indicating weaker underlying hiring momentum than initially reported. Residential construction employment declined 8,600 jobs in June and has shed 48,800 jobs over the past 12 months, marking the sixteenth consecutive month of annual decline, while the construction unemployment rate rose to 6.2%, the highest level since July 2021.
NASHVILLE, TENN. — Forman Capital, a private direct lender, has provided a $49.4 million construction loan for Moda Vista, a 102-unit build-to-rent community at 3320 Curtis St. in the Bordeaux… The post Forman Capital Finances $49.4M BTR Project in Nashville appeared first on Multifamily & Affordable Housing…
IRVING, TEXAS — Berkadia has arranged a $124.7 million refinancing loan for Alesio Urban Center, a mixed-use community with 908 units and 55,499 square feet of commercial space in the… The post Berkadia Arranges $124.7M Refinancing for HGI’s Alesio Urban Center in Irving, Texas appeared first on Multifamily &…
Real estate investment firm Hines completed acquisition of a self-storage asset; 2024 saw 822 self-storage properties trade for $3 billion across 51 million square feet, representing 2% of national inventory.
Prime Group acquired three self-storage portfolios comprising 30 properties across 10 states, amid strong 2024 investor demand in the sector.
The share of mortgages with below-3% interest rates remained flat at 19.5% in Q1 2026 after declining steadily from a peak of 24.6% in Q1 2021, while combined below-4% mortgages fell only 20 basis points quarter-over-quarter, marking the smallest decline since their share began falling in 2022. The document attributes the stalling unwinding of the "lock-in effect" to homeowners retaining ultra-low mortgages that offer effectively free borrowing in real terms given inflation above 3%, though the stall could represent either a temporary blip or a longer-term freezing of the housing market.
Starwood Property Trust announced a private offering of sustainability-linked bonds to support its real estate investment and financing activities.
Starwood Property Trust priced a private offering of sustainability bonds; consult the investor relations announcement for terms and use of proceeds.
Starwood Property Trust priced a private offering of sustainability-linked bonds; see source for transaction terms and use-of-proceeds details.
Starwood Property Trust announced a private offering of sustainability-focused bonds as part of its capital markets activity.
Starwood Property Trust announced authorization of a $400 million share repurchase program.
Private residential construction spending reached a seasonally adjusted annual rate of $930.2 billion in May 2026, up 0.3% from April and 1.8% from a year earlier, with remodeling spending driving the increase at 0.9% monthly and 8.1% annually while single-family construction declined 0.1% monthly and 4.0% annually. The data from the U.S. Census Bureau shows multifamily construction spending edged down 0.1% monthly but rose 3.3% year-over-year, and private nonresidential construction spending decreased 0.3% monthly and 6.6% annually, though data center spending continued to grow at 0.6% monthly and 23% year-over-year.
EAST ISLIP, N.Y. — Benchmark Senior Living and National Development have acquired a property in East Islip on Long Island, with plans to develop a new seniors housing community at the… The post Benchmark, National Development Plan 90-Unit Community on Long Island appeared first on Seniors Housing Business .
BALTIMORE — Capital Funding Group (CFG) has provided $318.8 million in financing across two transactions for a skilled nursing operator. The transactions include $288.8 million in acquisition financing for a portfolio… The post CFG Provides $318.8M in Financing for Skilled Nursing Operator appeared first on…
By Hayden Spiess CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies,… The post ‘Seniors Housing Is Our Highest-Conviction Sector,’ Harrison Street Executives Say appeared first…
SCOTTSDALE, Ariz. — Berkadia has arranged the sale and financing of Acoya Shea, a senior living community located in Scottsdale. Opened in September 2023, the property totals 147 units. Dave Fasano,… The post Berkadia Arranges Sale, Financing of 147-Unit Community in Scottsdale, Arizona appeared first on Seniors…
By Hayden Spiess CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies,… The post Seniors Housing Is Our Highest-Conviction Sector,’ Harrison Street Executives Say appeared first…
Former CEO expanded ULI’s membership, research, and international reach while laying the foundation for many of the Institute’s enduring programs.
Today, I am proud to announce a pivotal moment in our association’s history: We are now the Commercial Real Estate Development Association (CREDA). This change goes far beyond a name change; it signifies a clear statement about what our association stands for, who we serve and where we are headed.
The yen has fallen to a four-decade low of ¥162.8 per US dollar, declining 37% since 2021 and 53% since 2012, while Japanese Government Bond yields have surged to three-decade highs, with the 30-year yield at approximately 3.96% and the 10-year yield at 2.70%. The Bank of Japan's decades-long ultra-loose monetary policy, combined with only modest recent rate increases to 1.0% and quantitative tightening that has reduced its balance sheet by 12.6%, are described as insufficient to stabilize the currency or address resulting import-driven inflation and rising government borrowing costs.
Harrison Street Asset Management completed an acquisition of a 103,000 square-foot Class A medical outpatient center in Marietta, Georgia, anchored by Northside Hospital System.
Harrison Street Asset Management and Fifteenfortyseven Critical Systems Realty announced full occupancy at an Orangeburg data center facility with expansion plans underway.
Harrison Street Asset Management announced the acquisition of Springs at Sherwood, a senior housing property in Chicago.
Harrison Street Asset Management completed a $340 million sale of a medical office building located in San Jose, California.
LV Collective and Harrison Street Asset Management announced a student housing development project near Clemson University in South Carolina.
Harrison Street Asset Management completed the sale of two hyperscale-powered shell data center campuses located in Maryland.
Harrison Street Asset Management completed the acquisition of two senior housing communities located in Connecticut.
Harrison Street Asset Management announced the launch of its active global listed infrastructure ETF (ticker: NFRX), expanding its alternative investment product offerings.
A media appearance discussing perspectives on artificial intelligence's impact on real estate, multifamily housing trends, and data center market dynamics.
NEW YORK CITY — Gilbane and partners have closed on financing for 1920 Turnbull, a $170 million, 228-unit affordable and supportive housing project in the Castle Hill/Soundview neighborhood of the… The post Gilbane, Partners to Develop $170M Affordable Housing Tower in The Bronx appeared first on Multifamily &…
IRVINE, CALIF. — C&C Development, a Tustin, California-based affordable housing developer, has completed and opened Cartwright Family Apartments in the Irvine Business Complex. The 4 percent LIHTC project, which is… The post C&C Opens Irvine, California, LIHTC Development Cartwright Family Apartments appeared first…
COLUMBIA, S.C. — Subtext and PGIM have acquired land at 931 Senate St. in Columbia’s Vista district. The seven-floor property will be comprised of 221 units in one-, two- and… The post Subtext, PGIM to Build Mixed-Use Development in Columbia, South Carolina appeared first on Multifamily & Affordable Housing…
Brookfield leaders discuss the strategic sales of Livensa and Aveo properties, examining value creation across student housing and senior living segments.
INREV reports a 5.7% increase in real estate assets under management globally, reflecting broader trends in professional real estate investment and fund management.
GLEN ALLEN, Va. — Ziegler has closed approximately $171 million in bond financing for Virginia Baptist Homes doing business as LifeSpire of Virginia. Based in Glen Allen, the nonprofit company owns… The post Ziegler Closes $171M Financing for LifeSpire of Virginia appeared first on Seniors Housing Business .
BOCA RATON, Fla. — Investment management firm Bridgepoint Group has entered into an agreement to acquire Florida-based Kayne Anderson Real Estate for roughly $1.4 billion. The deal is scheduled to be… The post Bridgepoint to Acquire Kayne Anderson Real Estate for $1.4B appeared first on Seniors Housing Business .
The Coronado event could become a blueprint for partnerships between military installations and surrounding communities.
The Consumer Confidence Index rose from 90.6 to 91.2 in June 2026, driven by improved business conditions and declining oil prices, though consumer views of the labor market weakened with the share reporting jobs as "hard to get" reaching a five-and-a-half-year high at 22.5%. The Present Situation Index fell to 116.4 while the Expectation Index rose to 74.4, marking the seventeenth consecutive month below the 80 threshold often associated with recession signals within a year.
LIVERMORE, CALIF. — Locally based Virtu Investments has sold Briarwood Apartments in Livermore, 44 miles west of San Francisco. The asset sold for $19.8 million. Marcus & Millichap represented Virtu,… The post Virtu Investments Sells Briarwood Apartments in Livermore, California, for $19.8M appeared first on…
GAITHERSBURG, MD. — RailField Partners has acquired Elme Watkins Mill, a 210-unit garden-style community in the Washington, D.C., suburb of Gaithersburg, from Elme Communities (NYSE: ELME). The property was purchased… The post RailField Partners Acquires 210-Unit Maryland Property from Elme Communities appeared…
POOLER, GA. — Mandrake Capital Partners has obtained a $34.5 million refinancing loan for Easthaven, a 143-unit build-to-rent community in Pooler that was completed last year. Bridge Investment Group was… The post JLL Arranges $34.5M Refinancing for Easthaven in Pooler, Georgia appeared first on Multifamily &…
JERSEY CITY, N.J. — Walker & Dunlop has arranged a $375 million construction loan to finance JFK Boulevard, a mixed-use project that will be built in Journal Square in Jersey City.… The post Madison Capital Provides $375M Construction Loan for Jersey City Development appeared first on Multifamily & Affordable…
His projects included office towers, arenas, military base overhauls
CRMLS, the largest real estate listing service in the country, just gave home sellers a more flexible way to bring their home to the market before it is broadly launched across the internet. With a new Limited Exposure Coming Soon option, home sellers can ask their agent to market their home as a Coming Soon […]…
NAR economists analyze Federal Reserve policy implications for mortgage rates, highlighting inflation dynamics, rental trends, productivity gains, and energy market factors affecting real estate financing.