What happened, and who moved.
National Association of Realtors reports pending home sales increased 3.8% month-over-month and 4.8% year-over-year in May, with gains across all four U.S. regions.

Morningstar DBRS issued credit rating confirmations on eight classes of multifamily mortgage-backed certificates in the AXMF Re-REMIC Trust 2025-SBRR1 securitization.

Morningstar DBRS confirmed credit ratings on eight classes of multifamily mortgage-backed securities issued by AXMF Re-REMIC Trust.
Fitch Ratings downgraded CSAIL 2020-C19 securities and assigned negative outlooks to eight classes in the securitization.
Fitch Ratings assigned final ratings to a Wells Fargo-sponsored commercial mortgage-backed securities trust.
Fitch Ratings upgraded the outlook for REAL-T 2015-1 to stable, indicating improved credit positioning in this real estate securitization.
Fitch Ratings issued final credit ratings for ACREC 2026-FL5 LLC, a structured finance transaction.
Fitch Ratings affirmed BrightSpire's commercial special servicer rating, reflecting the servicer's standing in structured finance operations.
Fitch Ratings downgraded three classes of a real estate securitization and assigned negative outlooks to the affected tranches.
Fitch Ratings assigned final ratings to a single-family rental securitization trust, reflecting credit analysis of the underlying mortgage pool and structural protections.
Fitch Ratings issued rating actions on multiple CMBS transactions, downgrading one tranche while affirming others.
Fitch Ratings assigned final credit ratings to a mortgage-backed securitization trust issued by BMO.
Fitch Ratings placed ExteNet Issuer's Series 2024-1 and 2025-1 notes on rating watch negative, signaling potential downgrade of the structured finance securities.
The longtime planner, developer, and leader helped spearhead transit-oriented development in from Denver Union Station and the Central Platte Valley to redevelopment projects that reshaped communities across the Front Range.
The document identifies three economic developments to monitor during the week of June 29, 2026: Federal Reserve Chair Warsh's appearance at the European Central Bank Forum on Wednesday, labor market data releases including JOLTS, ADP employment, and the June employment report, and manufacturing and construction spending releases on Wednesday. The analysis notes that recent May Personal Consumption Expenditures data showed firm inflation at multi-year highs while the Atlanta Federal Reserve's Q2 GDP nowcast declined throughout the month, and signals that Treasury yields and credit spreads will be key indicators for commercial real estate credit pricing in the second half of 2026.

SEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since forming in 2023 by city voters. Spartanburg, South Carolina-based Johnson Development Associates sold Elara at the… The post Seattle Housing Agency Buys its First Property for $60.9M appeared first on Multifamily…

FORT WORTH, TEXAS — Franklin Street has brokered the sale of The Reserve on Willow Lake, a 138-unit property at 4101 South Hulen St. in Fort Worth. Santa Barbara, California-based… The post Franklin Street Arranges Sale of Fort Worth’s Reserve on Willow Lake appeared first on Multifamily & Affordable Housing…
SAVANNAH, GA. — RREAF Holdings, a Dallas-based investment and development firm, has acquired The Palms at Chatham located at 5110 Garrard Ave. in Savannah’s Garden City/Midtown submarket. The seller was… The post Dallas Investor Acquires The Palms at Chatham in Savannah, Georgia appeared first on Multifamily &…

KENOSHA, WIS. — CBRE has arranged the $7.1 million sale of Bayside Townhomes, a 32-unit community in Kenosha. Campbell Creek Communities LLC was the buyer, and Bayside Townhomes LLC was… The post CBRE Arranges $7.1M Sale of Bayside Townhomes in Kenosha, Wisconsin appeared first on Multifamily & Affordable Housing…

The Self Storage Association released its legislative priorities and policy agenda for 2026.

Maryland is implementing a new second default notice requirement for self-storage operators effective July 1, 2025.
Conference coverage of hospitality industry discussions including ADA compliance concerns, market trends, and financing stability amid interest rate volatility.
Cushman & Wakefield brokered a full-floor office lease transaction at Bradenton Financial Center between landlord Savlan Capital and tenant Kimley-Horn.

By John Nelson Fannie Mae and Freddie Mac are scaling up their multifamily loan production this year while their partner servicers and underwriters are aggressively pursuing new business. The Federal… The post Fannie Mae, Freddie Mac Enter Bullish Phase appeared first on Multifamily & Affordable Housing Business .

Watch the replay of our latest In Conversation webcast. The post Webcast Recording: Will Strong Multifamily Fundamentals Offset Fallout From the War? appeared first on Lument .

SURPRISE, ARIZ. — NexMetro Communities has completed and opened Avilla Foothills, a 108-unit build-to-rent development in Surprise, about 28 miles northwest of Phoenix. Avilla Foothills is comprised of single-level homes,… The post NexMetro Opens Avilla Foothills BTR Project in Metro Phoenix appeared first on…

CHARLOTTE, N.C. — Multifamily investment and development firm Quarterra has hired Jordan Calaguire as chief investment officer. Calaguire will lead Quarterra’s overall investment strategy, capital formation and allocation activities, investor… The post Quarterra Hires Jordan Calaguire as Chief Investment Officer…
PHOENIX — Tides Equities has sold Tides on McDowell at 4620 W. McDowell Road in Phoenix to Nitya Capital for $41 million. Northmarq’s Phoenix-based team led by Jesse Hudson, Logan… The post Nitya Capital Buys Tides on McDowell in Phoenix for $41M appeared first on Multifamily & Affordable Housing Business .

PUYALLUP, WASH. — Great Expectations, a Seattle-based affordable housing developer, has secured financing to build Addison Grove, a 102-unit affordable housing community in Puyallup, 36 miles south of Seattle. Great… The post Great Expectations Secures Financing for Addison Grove in Puyallup appeared first on…
HVS Brokerage & Advisory successfully facilitated the sale of the 88-key Wingate by Wyndham in Seminole, Texas, generating multiple offers through a competitive marketing process and navigating complex deal challenges to achieve a successful closing.
How a mixed-use development is helping reshape downtown Woodinville, Western Washington. Multifamily mixed use.

The PCE Price Index, the Federal Reserve's preferred inflation gauge, accelerated to a three-year high of 4.1% year-over-year in May 2026, with core PCE rising 3.4%, driven partly by energy price increases related to Iran conflict tensions. Despite elevated inflation, consumer spending remained resilient with a 0.7% monthly increase in May, though the personal saving rate held at a three-year low of 3.0% as households drew down savings to maintain spending amid eroding real income.

PLANO, TEXAS — Dallas-based StreetLights Residential has broken ground on Parks at Legacy West, a 22-story luxury high-rise at 6501 Legacy Drive in Plano. The development, located within the 100-acre… The post StreetLights Residential Breaks Ground on Plano, Texas, Luxury Tower appeared first on Multifamily &…

RED OAK, TEXAS — CESM Real Estate has sold Emerson at Red Oak, a 306-unit community in Red Oak, approximately 20 miles south of Dallas. The buyer was Phoenix-based Professional… The post Phoenix Firm Acquires Emerson at Red Oak in Metro Dallas appeared first on Multifamily & Affordable Housing Business .
The proposed Capital Campus reflects a growing belief that higher education—not office towers—could become the next major driver of urban revitalization.

The median U.S. home price hit a record high, one factor that’s pushing some prospective buyers away. New listings of U.S. homes for sale fell 1.7% from a week earlier during the week ending June 21 to their lowest level since February. The total number of homes for sale dipped 0.4% week over week, the […] The post…

BGO and Anchor Health Properties closed an acquisition of a 40,431 square foot Class A medical outpatient building located at 2201 Newnan Crossing Boulevard in Newnan, Georgia on June 25, 2026, marking their fourth joint venture investment and Anchor's third building within the Newnan Professional Center campus. The facility, opened to patients in 2020 and nearly fully occupied, is anchored by OrthoAtlanta and includes tenants providing ophthalmology, vascular surgery, pediatric gastroenterology, dental care, prosthetics and orthotics, and hospice services adjacent to the 217-bed Piedmont Newnan Hospital.
Mortgage applications decreased 3.8 percent for the week ending June 12, 2026, on a seasonally adjusted basis.

BRENTWOOD, Tenn. — Brookdale Senior Living has named Margaret Cabell as the company’s new chief sales officer. This marks a return for Cabell, who earlier in her career spent 15 years… The post Brookdale Names Margaret Cabell Chief Sales Officer appeared first on Seniors Housing Business .

NORTH PALM BEACH, Fla. — AgeWell Senior Living has assumed the management of seven communities located in Virginia and South Carolina. The properties include communities in Berryville, Fishersville and Harrisonburg, Virginia,… The post AgeWell Senior Living Assumes Management of Seven Communities in Virginia,…

FREDERICKSBURG, Texas and SAN ANTONIO — Juniper Communities has acquired two Texas communities. The properties include Poet’s Walk in San Antonio and The Villages of Windcrest in Fredericksburg. In addition to… The post Juniper Adds Two Texas Communities to Portfolio appeared first on Seniors Housing Business .

By John Nelson Fannie Mae and Freddie Mac are scaling up their multifamily loan production this year while their partner servicers and underwriters are aggressively pursuing new business. The Federal… The post Fannie, Freddie Enter Bullish Phase appeared first on Multifamily & Affordable Housing Business .

Passed unanimously out of the Senate Banking Committee, the ROAD to Housing Act embraces solutions to the housing affordability crisis like zoning reform and streamlining rules to encourage more homebuilding. For the first time since the foreclosure crisis, U.S. Congress has taken meaningful action to make housing…

By Steve Wernick For years, church-owned land and government parcels sat unused in the middle of Florida’s housing shortage. They were available in theory, but off-limits in practice. Now, through… The post Florida’s Live Local Amendments Remove Barriers and Open New Doors for Workforce and Affordable Housing…

New home sales of newly built single-family homes declined 7.3% month-over-month in May to a seasonally adjusted annual rate of 580,000 units and fell 6.8% year-over-year, driven by elevated mortgage rates, rising inflation, and economic uncertainty that constrained buyer affordability. The median new home sale price reached $424,900, months' supply of new homes stood at 10.3 months (above the balanced market indicator of 5-6 months), and regional performance was mixed with the West experiencing the sharpest monthly decline of 26.9%.

FORT WORTH, TEXAS — Newmark has arranged the sale, acquisition financing and equity capitalization of Centreport Lake, a 452-unit community in Fort Worth’s CentrePort neighborhood. Richard Furr, Brian Murphy and Brian… The post Newmark Arranges Sale of Centreport Lake in Fort Worth appeared first on Multifamily &…

DENVER — Opus Development and Ares Real Estate have secured a $67 million refinancing loan for Kalaco, a 280-unit mid-rise community in Denver. Kalaco was completed in 2024. The construction… The post JLL Arranges $67M Refinancing for Kalaco in Denver appeared first on Multifamily & Affordable Housing Business .

BOCA RATON, FLA. — Newmark has arranged a refinancing loan on behalf of Grand Peaks for The Seven at West Boca. Denver-based Grand Peaks acquired the 448-unit community in 2024.… The post Grand Peaks Secures Refinancing for The Seven at West Boca appeared first on Multifamily & Affordable Housing Business .
PROVINCETOWN, MASS. — The Community Builders (TCB) and the Town of Provincetown have opened Province Post, a 65-unit mixed-income community intended to serve the year-round workforce and residents of the… The post TCB Opens Province Post, Bringing 65 Affordable Units to Provincetown, Massachusetts appeared first on…

High-flood-risk U.S. counties lost over 63,000 more residents than they gained in 2025–nearly double the prior year’s outflow. Flood-prone places are losing residents partly because of climate risk. Some residents are leaving in search of cheaper housing or different politics. Counties at low risk of flooding…
PITTSBURGH — PNC Bank has closed the Low-Income Housing Tax Credit (LIHTC) Fund 104, a $251.4 million fund focused on the development and preservation of affordable rental housing across the United… The post PNC Bank Closes $251.4M Fund to Support 16 Affordable Housing Projects appeared first on Multifamily &…

NEW YORK CITY — Bowery Square Corp. has sold 196 Bowery, a mixed-use property in Manhattan’s NoLita neighborhood, to Javery Capital for $11.4 million. The eight-story, 13,000-square-foot building sits on… The post Javeri Capital Buys Manhattan Mixed-Use Property for $11.4M appeared first on Multifamily & Affordable…

MUNCIE, IND. — Indianapolis-based developer TWG has opened The Alan, a 120-unit affordable housing community in Muncie. Denver-based STUDIO Architecture designed the property. Located at 2430 W. Kilgore Ave. along… The post Affordable Housing Redevelopment The Alan Opens in Muncie, Indiana appeared first on…

WEST CHESTER, Pa. — Charter Senior Living and Paradise Management have broken ground on a new senior living development in West Chester. Upon completion, the community, Charter Senior Living of West… The post Charter Breaks Ground on 162-Unit Development in West Chester, Pennsylvania appeared first on Seniors…

DULUTH, Ga. — Dominium has acquired Sweetwater Terraces, a 165-unit senior living community located in Duluth, about 30 miles northeast of downtown Atlanta. Dominium plans to resyndicate the property in the… The post Dominium Acquires 165-Unit Community in Metro Atlanta appeared first on Seniors Housing Business .

CHICAGO — Greystone has added Joshua Rosen to its seniors housing and healthcare platform. Rosen is joining the firm as senior managing director. Based in Chicago, Rosen will focus on originating… The post Greystone Adds Joshua Rosen to Seniors Housing, Healthcare Platform appeared first on Seniors Housing…
POMPANO BEACH, Fla. —DeMarco Real Estate Group of REMAX 5 Star Realty has brokered the $17.9 million sale of The Residence at Pompano Beach, an assisted living property located in Pompano… The post DeMarco Real Estate Group Brokers $17.9M Sale of Assisted Living Property in South Florida appeared first on Seniors…

WEST BLOOMFIELD, Mich. — Blueprint has arranged the sale of a 52-unit assisted living and memory care community located in West Bloomfield in metro Detroit. Originally constructed in 2000, the property… The post Blueprint Arranges Sale of 52-Unit Assisted Living, Memory Care Community in Michigan appeared first on…

Like other legislatures around the United States, the New York State Legislature spent the first half of this year considering policy on controversial topics that affect commercial real estate development. When both chambers adjourned their 2026 legislative session in early June, two bills they had passed…

BGO chief economist Ryan Severino argues weak job growth does not automatically signal recession.