What happened, and who moved.
During which time new regulations may be developed, though won’t come into force until next year
HOUSTON — Local owner-operator Clay Development & Construction has broken ground on Kennedy Greens Distribution Center V, a 63,440-square-foot speculative industrial project in North Houston. The project marks the final phase of development for the 145-acre Kennedy Greens South Business Park. Building features will…
PARIS, TEXAS — JLL has negotiated the sale of a 291,958-square-foot shopping center in Paris, about 100 miles northeast of Dallas. Paris Towne Center was built in 1976 and is home to tenants such as Aldi, Hobby Lobby, Ross Dress for Less, T.J. Maxx, Five Below, Ulta Beauty and Bath & Body Works. Adam Howells and…
ParkProperty Capital acquired The Jane, a 280-unit multifamily in the Brookwood district of Atlanta, adjacent to Buckhead. The property was traded for $75 million. CWS Capital Partners was the seller. The property was named after the local golf legend Bobby Jones’ putter, Calamity Jane. Brookwood sits adjacent to…
Citadel’s Ken Griffin is cashing out of a 52-year-old Palm Beach office property, selling the Worth Avenue building to Blackstone’s Revantage for $86 million. The billionaire hedge fund titan agreed to sell the 50,000-square-foot Class A office building at 125 Worth Avenue to the Chicago-based real estate…
Happy Corner Hospitality has signed a lease in Manhattan’s NoMad neighborhood for an offshoot of their Motek concept. Known as Yalla Motek, the restaurant group took 2,500 square feet at David and Jack Israel’s 1147 Broadway, which will be the new Mediterranean chain’s first location in New York City and second in…
Greystone secures $16.1M Freddie Mac loan for 290-unit Sunchase Park & Ramblewood Apartments refinance in Dallas, TX.
DUBLIN, VA. — DWG Capital Partners has purchased an 83,683-square-foot manufacturing facility located at 320 Newbern Road in Dublin, a city in southwest Virginia’s I-81 Corridor. The publicly traded seller, Commercial Vehicle Group (CVG), sold the property to DWG Capital and leased back the facility on a 20-year…
VANCOUVER, WASH. — JLL has provided a $42 million Fannie Mae loan for the refinancing of Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…
KEY WEST, FLA. — Sixth Street, a global investment firm based in San Francisco, and partner Riller Capital have acquired Pier House Resort & Spa, a 142-room luxury oceanfront resort located at 1 Duval St. in Key West. Dallas-based Braemar Hotels & Resorts sold the property to the partnership for $190 million.…
PORT CHESTER, N.Y. — Walker & Dunlop has arranged $147.5 million in construction financing for 2 South Main, a 322-unit multifamily project in Port Chester, located along the New York-Connecticut border. Information on specific floor plans and amenities was not disclosed, but the 12-story building will include 330…
MIAMI — NAI Miami | Fort Lauderdale has arranged a 9,916-square-foot retail lease at 1588 N.W. 7th St., a retail space within a parking garage at LoanDepot Park, home ballpark of the Miami Marlins. The tenant is Biscayne Bay Brewing Co. LLC, one of the leading craft breweries in South Florida and the official craft…
NEW YORK CITY — The Domain Cos. has secured $175.6 million in financing from Wells Fargo for the development of a new multifamily project in the Astoria neighborhood of Queens. Canyon Partners Real Estate and BLDG Management are Domain’s equity partners on the deal. Chris Peck and Nicco Lupo of JLL Capital Markets…
TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The…
TULSA, OKLA. — Zenith IOS (industrial outdoor storage) has purchased a 7.6-acre facility in Tulsa. The property at 15403 E. Skelly Drive houses a 26,900-square-foot building with six drive-through bays. Andrew Wieseman of Nashville-based brokerage firm Matthews sourced the deal on behalf of Zenith, which acquired…
Sixth Street acquired the Pier House Resort & Spa, a 142-room, luxury oceanfront resort in Key West, Florida, for $190 million from Braemar Hotels & Resorts. Sixth Street completed the transaction in partnership with Riller Capital. Financing for the transaction was provided by Starwood Property Trust. Situated on…
Xebec closed on $30.49 million in joint-venture equity alongside $39.95 million in construction financing for Black Creek Commerce Center, a three-building Class A industrial development in Black Creek, Georgia. not far from Savannah. JLL secured the construction loan from Seacoast Bank and placed the joint-venture…
Image Brian Finnegan says Brixmor has invested more than $1.5 billion in the portfolio since starting its reinvestment program.
HYANNIS, MASS. — Simon Property Group has welcomed two new tenants to Cape Cod Mall in Hyannis. Aloha Mini Golf, which provides a glow-in-the-dark mini golf experience, and Exotic Snack Guys, which offers a curated mix of international snacks, trending treats, and viral favorites from around the world, are now both…
NEW YORK CITY — The Shubert Organization has signed an 11-year, 14,480-square-foot office lease in Midtown Manhattan. The theater owner-operator is relocating to a new space on the 11th floor of 520 Eighth Avenue, a 26-story, 860,000-square-foot building that was constructed in 1926, where Shubert has been a tenant…
SAN DIEGO — PMB and Pillar Properties will develop a new 224-unit senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across seven stories and will feature independent and assisted living units, as well as 26 memory care residences. Amenities…
ENCINITAS, CALIF. — RPG has acquired a 4,939-square-foot multi-tenant retail property located in Encinitas, roughly 25 miles north of downtown San Diego. The building was fully leased at the time of sale to five tenants including three retail shops and two restaurants. The seller and terms of the transaction were…
PEORIA, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Parc Roundtree Ranch, a 275-unit multifamily property located between Loop 101 and U.S. Route 60/Grand Avenue in Peoria. Terms of the transaction were not released. Steve Gebing and Cliff David of IPA…
VANCOUVER, WASH. — JLL has arranged a $42 million Fannie Mae loan for refinancing for Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…
The latest homeownership rate declined to 65% in the second quarter of 2026, according to the Census’s Housing Vacancy Survey (HVS). The homeownership rate was unchanged from a year ago, and not statistically different than the rate in the first quarter of the year (65.3%). While this was a modest quarterly…
Despite hitting a new active listings record, Houston’s housing market shows a tale of two economies. Single-family home sales in Texas’ most populous city saw the most positive momentum at two extremes: luxury homes above $1 million and budget buys under $100,000. Sales for homes priced at $1 million or above…
A scaled-back version of Urban Catalyst’s long-planned Icon/Echo development in the city’s Civic Center neighborhood was approved during a San Jose Planning Director meeting on Aug. 12, clearing the way for 645 apartments across two eight-story buildings on a site the developer spent four years assembling parcel by…
A data center company has taken over an entire Santa Clara research-and-development building, adding to the intense competition for space in a city that has become ground zero for the Bay Area’s data center and AI infrastructure expansion. ECL has leased the full 75,810-square-foot building at 2175 Mission College…
Rockpoint and Oppidan appear to have scrapped a long-dormant plan for a manufacturing building at 865 Embedded Way in favor of an 18-megawatt data center, betting that proximity to PG&E’s expanded Santa Teresa substation outweighs whatever the site was worth for industrial use. A 10-acre parcel that sat idle for…
Sacramento’s industrial developers are betting big on scale even as the broader market works through a supply hangover, with Buzz Oates now marketing the largest speculative building underway in the region’s most established logistics park. Titan Logistics Center, a 558,134-square-foot Class A industrial building…
Atlantic Pacific Companies is bringing hundreds of affordable housing units to publicly owned sites in Miami-Dade County across two land-lease deals. The Boca Raton-based firm plans 364 income-restricted apartments on part of a school property that it is leasing from Miami-Dade County Public Schools. And it’s…
FINDLAY, OHIO — Bernard Financial Group (BFG) has secured a $5.6 million acquisition loan for a 112,396-square-foot industrial facility in Findlay, about 40 miles south of Toledo. Joshua Bernard of BFG arranged the permanent life insurance company loan. The borrower was BKG Dominion 1900 Industrial LLC. The post…
GREENFIELD, IND. — MDH Partners has acquired 70 Connect III, a 1 million-square-foot industrial building in Greenfield within metro Indianapolis. Developed by Lauth on a speculative basis, the property sits along West 350 North in the East industrial submarket. JLL represented the seller. MDH’s Houston Hawley led…
EAST DUNDEE AND MOKENA, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has purchased a three-building, 131,998-square-foot industrial portfolio in metro Chicago. The portfolio, which was fully leased at the time of sale, consists of single and multi-tenant properties that are…
LANSING, ILL. — Greenstone Partners has arranged the $12.6 million sale of the Hickory Oaks apartment complex in Lansing, about 25 miles south of downtown Chicago. Greenstone’s Michael Duckler represented the buyer, SpringView Investments, and the undisclosed seller. The 138-unit property presents a value-add…
Artificial intelligence, particularly the agentic kind, could help rental housing owners and operators automate tasks, coordinate maintenance and improve resident retention. But getting there involves more than installing a new technology. “I would put out there that rental housing is perfect for AI,” said McKinsey…
HOUSTON – (Realty News Report) – American Landmark Apartments, a Tampa-based multifamily company, acquired the 292-unit Park Avenue at Boulder Creek in southeast Houston. The apartment complex, located at 11575 Pearland Parkway will be the firm’s 14th asset in the Houston area. “Houston continues to distinguish…
The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall. U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. Mortgage-purchase…
PORTLAND, ORE. — JLL has arranged a $40.5 million refinancing loan for The Payton, a 162-unit Class A property in Portland’s Lloyd District area. San Diego-based ColRich is the borrower/owner.… The post ColRich Secures $40.5M Refinancing for Luxury Pacific Northwest Property appeared first on Multifamily &…
SUMNER, WASH. — Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments, a 162-unit community in Sumner, about 40 miles… The post Mesa West Capital Originates $52M ReFi for Sumner Mill in Metro Seattle appeared first on Multifamily &…
The luxury pied-à-terre is alive and well, despite any efforts to stifle — or excessively tax — it. While the second week of August saw a Staten Island Supreme Court judge block the rollout of New York City Mayor Zohran Mamdani’s pied-à-terre tax — a controversial surcharge on second homes worth more than $5…
Air Products' hopes to develop its old HQ dashed
The outage, which originated in Northern Virginia, brought approximately 4GW of data center load offline
CBRE Investment Management has acquired a significant logistics portfolio on the US East Coast.
Infrastructure investor Stonepeak has acquired a rail-served industrial property in the Dallas-Fort Worth market.
A forestland fund managed by RMS acquired a $145 million timberland portfolio from Rayonier in the Pacific Northwest region.
Commentary on how recent US housing legislation has reshaped rather than eliminated institutional capital flows in the rental housing market.
Colliers has been engaged to lead retail leasing for the mixed-use waterfront destination now under construction.
Phoenix developers announce new industrial projects to attract TSMC suppliers, enhancing the local high-tech ecosystem.
The $625M debt on the Chelsea office building matures in December.
Freshpet signs a 216K SF Bethlehem cold storage lease, enhancing operations and growth.
Los Angeles-based mega-investor Ares Management is continuing its buying spree in Chicago’s suburban industrial market. In a deal that closed last week, Ares bought ten light industrial properties from Massachusetts-based High Street Logistics for $84 million, or about $117 per square foot, property records show.…
Cushman & Wakefield arranged the sale of 73-75 Sullivan St., a newly constructed mixed-use property totaling 32,957 square feet and comprising 11 residential units and a ground-floor commercial space anchored by The Montessori School. The final sale price was $43,333,000. A Cushman & Wakefield team of Dylan Walsh,…
SRS Real Estate Partners arranged the $41-million sale of San Dimas Commerce Center, a 19-building light industrial park located at 410-490 W. Arrow Hwy, in San Dimas. VP Dave Faris and EVP and senior managing principal Richard Schwartz represented the seller, San Dimas BP LLC. The buyer is an institutional…
Flex retail spaces thrive in the Triangle, blending retail and industrial uses for unique shopping experiences.
Stream Realty Partners acquired a Downtown Houston block to build a 12-level garage with 2,053 spaces connecting to Houston Center.
Harvey Hernandez’s Newgard Group scooped up a 2.6-acre site in West Palm Beach that could soon showcase luxury cars. The Miami-based developer’s commercial division plans to build a luxury car and lifestyle concept at 2500 North Florida Mango Road that would include 20 automotive studios, which will be sold to…
Permits have been approved for a new 10-story affordable senior housing development at 105 W. Tremont Ave. in the Morris Heights neighborhood of the Bronx. Developed by Crown Holdings in partnership with The Community Builders, one of the nation’s largest affordable housing organizations, the project will provide…
JLL Capital Markets arranged the $30.4-million sale of Terra Nova Plaza, a fully leased, 96,114-square-foot retail property positioned within a 301,000-square-foot regional shopping center in Chula Vista. Senior managing director Gleb Lvovich, managing director Daniel Tyner and senior managing director Geoff…
Walker & Dunlop, Inc. has arranged $147.5 million in debt and equity capitalization for the construction of 2 South Main, a 322-unit multifamily project in downtown Port Chester, NY. The sponsorship group is a joint venture between Hyperion, Winter Properties and AIP. The Walker & Dunlop Capital Markets team of Mo…