What happened, and who moved.

Cerberus Capital Management has acquired a $1.3-billion loam book with heavy exposure to rent-regulated apartments in New York City, Bloomberg News reported. The seller was OceanFirst Financial Corp., which priced the loans at about 92 cents on the dollar. With about $736 million of the $1.3-billion portfolio tied…

Ryan Companies is advancing a redevelopment of downtown Austin’s Sixth Street. The Austin Business Journal reports the redevelopment would take place on a full 1.8-acre block bounded by East Sixth and Fifth streets, Red River Street and Sabine Street. There are three buildings on the site now — a large one and two…

Student accommodation specialist Unite Group has announced a £417M first-half pre-tax loss as it warned that purpose-built student accommodation is struggling under soaring construction costs. The UK's largest student accommodation provider reported that...

Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process.

Interior design firm Cynde Altheim Interiors is holding onto its third-floor lease at 149 West 36th Street. Cynde Altheim will maintain its 6,740-square-foot office space in the Frangene Company-owned building, located between Broadway and Seventh Avenue. The design firm, which operates under the name of Mark David…

APREA and JSB Capital Group closed on a $202 million construction financing package with Bayview Commercial Mortgage Finance (BCMF) on The Avenue. The funding includes includes $109 million of C-PACE financing and a $93 million traditional construction loan. The milestone kickstarts construction of the mixed-use…

Simpson Commercial Real Estate and Brown Investment Properties purchased 61.7 acres near Toyota’s $14 billion battery manufacturing facility (shown), with plans to develop a mixed-use project to be called Woody Mill. The joint venture paid $8 million for the site. The Triad Business Journal reports the team is…

Ascent Housing paid $28.8 million for a 140-unit affordable multifamily community in Charlotte. To help fund the deal, the company closed on $15.9 million in acquisition financing. Eller Capital was the seller of the Reserve at Waterford Lakes at 8725 Kody Marie Court. Newmark arranged the sale and acquisition…

With the purchase of the Hawthorne Race Course complete and the new owner’s seeming lack of interest in keeping racing alive in the Chicago area, the nearby town of Cicero is bracing for a controversial scenario: a data center. Cicero officials are expected to consider two anti-data center resolutions when they…

Americold Realty Trust is walking away from a 6-year-old deal with a Northeast grocery giant to operate two automated distribution hubs, a move that will result in a more than $300M hit to the cold storage REIT’s balance sheet.
An affiliate of San Francisco-based Roxborough Group has purchased Main Street Cupertino, the dining and retail hub sitting less than a mile from Apple’s circular headquarters, for $130 million, a price that points to climbing values for commercial property in one of Silicon Valley’s most tightly held tech…
Cannae Partners has purchased EmeryTech, a recently renovated creative office campus in Emeryville, for $55.5 million, a steep discount that lets the San Francisco-based investor step into a partially leased, move-in-ready asset far below what the building’s previous owner had spent to acquire and upgrade it.…

Wholesale product company EXP Group has landed $47 million of permanent debt to refinance an industrial asset in northern New Jersey, Commercial Observer has learned. Citizens Bank provided the loan on the 300,015-square-foot logistics property at 2500 83rd Street in North Bergen, N.J. Ripco Real Estate arranged…

An out-of-state investor made its Washington debut with a $45 million multifamily acquisition in Greater Seattle. Reno, Nevada-based Oso Capital Advisors purchased the 198-unit Bower Village apartment complex in Kent, the Puget Sound Business Journal reported. An affiliate of Canadian real estate investment trust…

Ridgecut Road acquires five-acre Class A IOS site in Northern New Jersey’s premier logistics corridor

Chinesische Unternehmen sichern sich im ersten Halbjahr 126.000 m² im Ruhrgebiet

JLL Capital Markets arranges sale of 136-unit independent living property in attractive Ventura County market
Welltower, an investment firm focused on senior and assisted living communities, reported continued balance sheet improvement in the second quarter of 2026. The real estate investment trust (REIT) announced a slew of acquisitions, such as the Amica Senior Lifestyles portfolio consisting of 38 communities for $1.91…

The neon lights continue to shine bright on Broadway for 60 Guilders and Sentry Realty. The partnership just snapped up 1441 Broadway, a 550,000-square-foot office tower in Midtown Manhattan, for approximately $240 million, Commercial Observer has learned. The estate of LH Charney was the seller. Newmark’s Adam…

Clayton Callander is the founder of FTL (Field Technologies), a diagnostic platform built to give commercial buildings something like a check-engine light, closing the service gap for the roughly 95% of properties that enterprise vendors like Honeywell and Siemens can’t economically reach. Before founding FTL,…
MARBLE FALLS, TEXAS — Rockspring, a Houston-based development and investment firm, is underway on The Highlands, a 254-acre mixed-use development in Marble Falls, about 50 miles northwest of Austin. Plans for the master-planned community currently call for an array of residential uses, including single-family…

New York City’s office-to-residential conversion wave hit another snag less than a month after columns buckled during an apartment transformation project at the former Pfizer headquarters in Midtown. Construction was halted last week by New York City’s Department of Buildings (DOB) at 222 Broadway in the Financial…

Newmark has arranged the $31 million sale of 26440 SW Parkway Avenue, a 205,100-square-foot industrial and manufacturing facility in Wilsonville, Oregon. Managing Director Mark Hush and Associate Director Jack Ward represented the buyer, DCI International. The sale ranks among the larger industrial transactions…
Greystone provides LIHTC equity & financing for Chapanoke, a $93M, 200-unit affordable housing community by HHAD, Gilbane & F7 in Raleigh.

San Jose’s planning staff cleared an eight-story, 276-unit apartment project near Diridon Station this week, but the approval is already headed to the City Council after a neighborhood group filed an appeal arguing the building looms over adjacent single-family homes without the step-backs typically required…

Acclaim Companies will start construction on Aug. 11 on one of Palo Alto’s largest apartment communities, a seven-story, 368-unit mixed-use project that is the first to advance under the city’s new Housing Focus Area zoning. Acclaim Companies will hold a groundbreaking ceremony on Tuesday, Aug. 11, for a 368-unit…

PALATINE, ILL. — Interra Realty has brokered the sale of a five-building, 30-unit multifamily portfolio in Palatine for nearly $5.9 million. Paul Waterloo and Patrick Kennelly of Interra represented the private local buyer and confidential seller. The portfolio was fully occupied at the time of sale. The properties…

SUGAR LAND, TEXAS — Tremont Realty Capital, a division of Boston-based investment firm RMR Group, has provided a $22.7 million loan for the refinancing of Sugar Land Medical Plaza, a 120,000-square-foot healthcare property located on the southwestern outskirts of Houston. Colliers arranged the loan on behalf of the…

ALEXANDER CITY, ALA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $23.1 million sale of The Gateway at Lake Martin, a grocery-anchored shopping center in east-central Alabama. Built in 2024, the 93,352-square-foot center is situated on a 22-acre site at the…

THE WOODLANDS, TEXAS — Local brokerage firm Palo Duro Commercial Partners has arranged the sale of Shoppes at Sawdust, a 13,500-square-foot retail strip center located north of Houston in The Woodlands. The center was fully leased at the time of sale to tenants such as Jimmy John’s, Little Caesars and Cloud 9…

CHICAGO — Mid-America Real Estate Corp. has negotiated the sale of Lincoln Park West, a 37,615-square-foot retail asset located in Chicago’s Lincoln Park neighborhood. The property offers value-add potential through the lease-up or adaptive reuse of the 19,531-square-foot second floor. Tenants include PNC Bank,…

TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a retail property located at 6780 N. Sandario Road in Tucson. Steven J. Williams and Elizabeth Ann Williams Revocable Trust purchased the asset from Benson-DBS LLC for $1.8 million. The property is a 9,100-square-foot Dollar General NNN…

ATHENS, GA. — Core Spaces has broken ground on Hub Athens Dougherty, a 1,656-bed student housing development located near the University of Georgia campus in Athens. The community will offer 536 units in studio through five-bedroom configurations. Shared amenities will include study lounges, group study rooms,…

NORMAN, OKLA. — Gilbane Development has broken ground on a 756-bed student housing project in Norman, home of the University of Oklahoma. The 33-acre site is located less than a mile from the university’s campus, and the community will feature 298 units in addition to a landscaped open-space amenity area and onsite…

EDINA, MINN. — Arcadia, a 118,000-square-foot office building currently under construction in Edina, is now 71 percent preleased. Opus broke ground on the six-story, multi-tenant property in September. Completion is slated for December of this year. UBS Financial Services Inc. leased the entire fifth floor,…

NEW YORK CITY — JLL has arranged a $58 million loan for the refinancing of 1333 Broadway, a mixed-use property in the Bushwick neighborhood of Brooklyn. Completed in April, the 20-story, 97,526-square-foot building houses 74 market-rate apartments, 32 affordable apartments and 29,000 square feet of commercial…

BAY CITY, MICH. — Alpine Realty Capital, a member of Hotel Brokers International, has arranged the sale of the DoubleTree Hotel and Conference Center by Hilton in Bay City. Alpine negotiated pricing and terms on behalf of the buyer and assisted in all aspects of due diligence, including appraisal and environmental…

SPARKS, NEV. — Idaho-based Alturas Capital Partners has purchased Legends at Sparks Marina, a 421,000-square-foot mixed-use lifestyle center in Sparks. Terms of the transaction were not disclosed. The transaction, which closed on July 23, will be added to the Alturas Real Estate Fund. This acquisition brings the…

PHOENIX — Scottsdale, Ariz.-based Cavan Cos. has completed the $112.5 million sale of Bungalows on Camelback, a 334-unit built-to-rent community at 4747 N. 99th Ave. in Phoenix. A California-based private investor has acquired the property for $336,826 per unit. Mark Forrester, John Cunningham, Charles Steele and…
NEW YORK CITY — Howden has signed a 31,519-square-foot office lease in Midtown Manhattan. The global insurance brokerage firm is taking space on the 53rd floor at One Five One, a 1.8 million-square-foot tower located at 151 W. 42nd St. Sheena Gohil, Bob Rosenthal and Jack Senske of Colliers represented Howden in…
LOS ANGELES — Sony Pictures Entertainment (SPE) and Alamo Drafthouse Cinema have announced plans to reopen and restore Cinerama Dome, a historic move theater located on Sunset Boulevard in Hollywood. Opened in 1963, it is the world’s first all-concrete, geodesic dome that features an 86-foot curved screen.…

MIAMI — JLL has arranged the sale of a three-property industrial portfolio spanning 2.4 million square feet in Florida and Georgia. EQT Real Estate purchased the portfolio from the undisclosed seller. The sales price was also not disclosed. The properties in the portfolio include a 605,412-square-foot facility in…

HAMDEN, CONN. — Marcus & Millichap has brokered the sale of Pine Rock Townhomes, a 30-unit student housing property that is located adjacent to Southern Connecticut State University in Hamden. Built in 2012 and renovated in 2022, the property offers four-bedroom, townhome-style units with an average size of 1,850…

LEXINGTON, S.C. — Northmarq has negotiated the $5.6 million sale of Sweetbriar Apartments, a 48-unit community located at 200 Libby Lane in Lexington, a suburb of Columbia, S.C. The garden-style property was built in 1988 and includes one- and two-bedroom layouts. Charis Capital purchased the property from…
NEW YORK CITY — Cushman & Wakefield has negotiated a 14,000-square-foot office lease at 685 Third Avenue in Midtown Manhattan. The tenant, law firm Gallet Dreyer & Berkey LLP, will occupy the 28th floor of the 31-story tower, which recently underwent renovations. Garrett Varricchio, Mark Weiss and Michael Montesi…

Uniti, an agentic artificial intelligence platform for real estate property managers, is experiencing rapid growth in client demand and funding as proptech companies compete to solve large operators’ everyday workflow challenges. Founded in February 2024, the Manhattan-based startup has seen demand for its agentic…
StorageVault to Acquire $81.6 Million of Storage Assets, Including $71.3 Million Through New Joint Venture

Plus heeft een supermarkt met secundaire ruimte in Someren gehuurd van een particuliere belegger. De vestiging heeft een vloeroppervlakte van 1.726 m2.
A nonprofit arts operator is moving artists into the ground floor of a long-vacant downtown San Jose building that developer Westbank intends to demolish for an 18-story residential tower, turning a stalled development site into an interim creative hub. Local Color, an 11-year-old San Jose nonprofit, will open…

Five Point Holdings is pushing its long-dormant Candlestick redevelopment back toward construction and preparing to hunt for a marquee technology tenant, positioning the bayfront site as San Francisco’s only shot at a large corporate campus just as the city’s office market turns. Five Point Holdings told analysts…

Oakland has advanced a November ballot measure that would strip a long-standing exemption from its real estate transfer tax and turn the city’s wave of commercial foreclosures into a new source of general-fund revenue. Facing a hollowed-out downtown and a widening budget hole, Oakland is moving to profit from the…

The U.S. General Services Administration signed a 52,147-square-foot lease at 10730 International Drive in Rancho Cordova, the largest office transaction in the Sacramento region during the second quarter of 2026 and a sign that federal demand is anchoring a recovery in the market’s highest-vacancy corridor. The…
San Jose’s City Council is heading toward an Aug. 18 decision on a general plan overhaul that would legalize small multifamily housing by right across neighborhoods long reserved for single-family homes, setting up a defining test of how far the state’s largest South Bay city will go to meet its housing mandate.…

The 21st Century ROAD to Housing Act, which was enacted earlier this month, promises to greatly impact U.S. real estate when it goes into effect in January. The U.S. House of Representatives and the U.S. Senate passed the legislation — without President Donald Trump’s signature — with the intention of boosting…

🏆 Residential: North Miami logged the priciest home sale in South Florida. A company managed by Darren Gerard sold the home at 11400 North Bayshore Drive for just under $24 million. The buyer was a trust tied to Kymberly A. Foglia, daughter of Vince Foglia, who founded a medical products company. Built last year,…

Op de vernieuwde boulevard van Kijkduin staan nog altijd meerdere winkel- en horecapanden leeg. Verhuurder Kijkduinse Retail Ontwikkelingsmaatschappij voert ondertussen procedures tegen twee ondernemers en heeft daarnaast een juridisch conflict met de gemeente Den Haag over een schadevergoeding die kan oplopen tot…

DivcoWest has completed its purchase of a 47.5 percent stake in 101 California Street, finalizing San Francisco’s largest office transaction in more than four years and converting a closely watched listing into a concrete signal that trophy capital has returned to the Financial District. The deal closed last week,…

Fortress Investment Group made its name investing when markets fell apart. Now, with the commercial real estate cycle turning, the investment giant is building a business that no longer depends on the next crisis. “We've come out of the shadows as this...

Fulton Market's metamorphosis from a meatpacking hub into the place to be for young, well-paid professionals continues to evolve, even as a tough capital markets environment complicates investment across the city. The area's strong fundamentals continue...

Construction work has been halted at a second Manhattan project as city officials embark on an inspection onslaught at office-to-residential conversions following the near collapse of a Midtown skyscraper. City inspectors ordered that construction...