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PropmodoNews
Rural Landowners Cash Out as AI Data Center Demand Surges
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 . ]]>
PropTech & DataData CentersU.S. NationalPennsylvania
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BisnowNews
Brookfield Eyes Stake In $3.5B Manhattan Office Campus
Brookfield is in talks to take a 10% stake in Hudson Square Properties, a 13-building office complex on the West Side of Manhattan. The deal would value the 6.2M SF campus, which is positioning itself as a nucleus for tech and media tenants in the city,...
Capital MarketsOfficeU.S. NationalNew York
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BisnowNews
Meta Ups Investment To $50B For Its Largest Data Center Project
Social media giant Meta has expanded its already massive data center development in Richland Parish, Louisiana. The company announced Monday that its Hyperion data center campus will have 5 gigawatts of computing capacity and bring more than $50B...
Capital MarketsData CentersU.S. NationalLouisiana
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Multifamily & Affordable Housing BusinessNews
ROAD to Housing Act Clears Path for Affordable Housing Development
The affordable housing industry has spent years asking Congress for a federal response to the nation’s housing shortage. With the 21st Century ROAD to Housing Act having officially become law… The post ROAD to Housing Act Clears Path for Affordable Housing Development appeared first on Multifamily & Affordable…
MultifamilyAffordable HousingU.S. National
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NAIOPNews
Developing Leader Spotlight: Opening Doors for the Next Generation
Michael Tait, a winner of the Developing Leaders Award and an active member of CREDA Maryland, has built his commercial real estate career around relationships – and now he’s using those relationships to help open doors for the next generation of industry leaders. ]]>
Industrial & LogisticsOfficeU.S. NationalMaryland
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Commercial ObserverNews
Real Estate Firm Landmark Management Signs 12K-SF Lease at One Grand Central Place
Landmark Management, a real estate investment advisor, leased 12,168 square feet on the 52nd floor of One Grand Central Place in Midtown East, relocating from its previous offices at 115 East 69th Street on the Upper East Side. The lease terms and asking rent were not disclosed, though Midtown office asking rent averaged $86.18 per square foot in the second quarter of 2026.
Capital MarketsOfficeU.S. NationalNew York
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Commercial ObserverNews
Apollo Provides $71M Loan for Tribeca Luxury Condo Conversion
Apollo Global Management provided $71 million in construction financing to a joint venture of Broad Street Development and TPG Angelo Gordon for 139 Franklin Street, a Tribeca luxury condominium conversion project expected to deliver up to 18 units with three- to five-bedroom homes and private outdoor space. The developers acquired the former self-storage facility site for $43.5 million in 2025 and are marketing the boutique residential offering to luxury buyers in Manhattan's sought-after Tribeca neighborhood.
Capital MarketsDebt & FinancingMultifamilyU.S. NationalNew York
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BisnowNews
Hines Pays $151M To Buy Austin Office Tower From Brandywine
Hines is returning to the office market with a $151M bet on Austin. The global real estate investment management giant acquired a 206K SF office at 405 Colorado St. from Brandywine Realty Trust as it selectively targets trophy office assets with high...
Capital MarketsOfficeU.S. NationalAustin
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BisnowNews
MEAG Expands Dublin Residential With Fourth Irish Acquisition In 6 Months
Munich Re asset manager MEAG has strengthened its growing Irish real estate portfolio with the acquisition of the Seafield Strand apartment scheme in Sutton, North Dublin, for an undisclosed sum, marking its fourth investment in the capital in little...
Capital MarketsMultifamilyU.S. NationalMunich
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PropmodoNews
How Z-Wave Is Expanding to Meet the Demands of Modern Buildings
Z-Wave powers more than 100 million devices worldwide, and its new long-range standard is expanding into commercial and multifamily buildings beyond mesh networking’s reach. The post How Z-Wave Is Expanding to Meet the Demands of Modern Buildings appeared first on Propmodo . ]]>
PropTech & DataMultifamilyU.S. National
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PropmodoNews
Tech Leasing Surge Pushes Hudson Square Portfolio to $3.5 Billion Valuation
Brookfield is buying into the $3.5 billion Hudson Square Properties as AI firms drive Manhattan West Side leasing and rents up 20%. The post Tech Leasing Surge Pushes Hudson Square Portfolio to $3.5 Billion Valuation appeared first on Propmodo . ]]>
PropTech & DataOfficeU.S. NationalNew York
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PropmodoNews
California Developers Build Vertiports Before Air Taxis Win Approval
Luxury developers in Los Angeles and New York are building vertiports for electric air taxis years before FAA certification arrives. The post California Developers Build Vertiports Before Air Taxis Win Approval appeared first on Propmodo . ]]>
PropTech & DataAlternativesU.S. NationalCalifornia
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PropmodoNews
AI Wealth Fuels Bidding Wars and Million-Dollar Premiums in San Francisco Housing
San Francisco home prices surge 22 percent as AI wealth drives bidding wars, with 44 homes selling $1 million over asking in June alone. The post AI Wealth Fuels Bidding Wars and Million-Dollar Premiums in San Francisco Housing appeared first on Propmodo . ]]>
PropTech & DataHomebuildersSingle-Family RentalU.S. NationalSan Francisco
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PropmodoNews
Sovereign Wealth Funds Double Down on Grocery-Anchored Retail Real Estate
Norway's $2.2 trillion sovereign wealth fund partners with Asana on a $500 million U.S. retail property investment focused on grocery-anchored centers. The post Sovereign Wealth Funds Double Down on Grocery-Anchored Retail Real Estate appeared first on Propmodo . ]]>
PropTech & DataRetailAlternativesU.S. NationalNorway
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PropmodoNews
Trade Group Drops NAIOP Acronym for Plainspoken Industry Label
NAIOP rebrands as the Commercial Real Estate Development Association after multiyear research process involving 21,000 members across North America. The post Trade Group Drops NAIOP Acronym for Plainspoken Industry Label appeared first on Propmodo . ]]>
PropTech & DataU.S. NationalCanada
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PropmodoNews
FTC Takes Zillow and Redfin Rental Partnership to August Trial
Federal judge sends FTC case against Zillow and Redfin rental partnership to trial, rejecting preliminary injunction over $100 million exclusive listing agreement. The post FTC Takes Zillow and Redfin Rental Partnership to August Trial appeared first on Propmodo . ]]>
PropTech & DataSingle-Family RentalU.S. National
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PropmodoNews
The Technology Keeping Watch on Manhattan’s Buckled Skyscraper
When structural columns buckled at 235 East 42nd Street, drones and advanced sensors became vital tools for real-time safety and stability monitoring. The post The Technology Keeping Watch on Manhattan’s Buckled Skyscraper appeared first on Propmodo . ]]>
PropTech & DataOfficeU.S. NationalNew York
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The RegistryNews
Travelers Insurance Anchors 198,000 SQFT Leasing Surge as Walnut Creek Office Market Snaps Two-Year Losing Streak
After ten consecutive quarters of shrinking occupancy, the North I-680 Corridor office market recorded 196,732 square feet of positive net absorption in the second quarter of 2026, powered by a 46,219-square-foot Travelers Insurance commitment in Concord and a wave of owner-user acquisitions that pushed pricing to…
Capital MarketsOfficeU.S. NationalSan Francisco
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The RegistryNews
SM Flores Files Plans for 80-Unit, Seven-Story Apartment Project at 2555 Flores Street in San Mateo
A locally based developer is moving to convert an aging San Mateo office parcel into 80 apartments, betting on a Peninsula rental market that analysts expect to tighten sharply through the rest of the decade. SM Flores, LLC has filed a formal planning application to demolish an existing office building at 2555…
Capital MarketsOfficeMultifamilyU.S. NationalSan Francisco
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The RegistryNews
Olema Oncology Leases 38,000 SQFT at Kilroy Oyster Point, Moving Headquarters to South San Francisco
Clinical-stage breast cancer company Olema Oncology has committed to 38,176 square feet at Kilroy Realty’s 365 Oyster Point Boulevard under a seven-year lease, relocating its headquarters out of San Francisco and pushing the building to roughly 60 percent leased months before the pivotal readout that will determine…
Capital MarketsLife SciencesU.S. NationalSan Francisco
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The RegistryNews
California’s Share of U.S. Export Trade Slips to 8% as Real Shipment Value Falls
California shipped $16.735 billion in merchandise abroad in May while the rest of the country surged ahead, dropping the state’s share of national export trade to 8 percent and raising fresh questions about demand for the warehouse and port infrastructure built to serve it. The Golden State’s exporters posted a…
Capital MarketsIndustrial & LogisticsU.S. NationalCalifornia
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The RegistryNews
Archer Aviation Leases Entire 501,000-SQFT Cochrane Technology Center in Morgan Hill to Scale Air Taxi Production
Air taxi maker Archer Aviation has committed to all five buildings at Trammell Crow Company’s 30-acre Cochrane Technology Center in Morgan Hill, a full-campus deal that hands the fast-growing eVTOL manufacturer more than a half-million square feet as it pivots from testing to commercial production. Archer Aviation…
Capital MarketsIndustrial & LogisticsU.S. NationalSan Francisco
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The RegistryNews
Pickleball Kingdom Converts 25,159 SQFT Former Joann Store Into Eight-Court Livermore Club
Pickleball Kingdom, the largest indoor pickleball operator in the world, will take over a vacant Joann fabric store in Livermore’s Arroyo Seco Shopping Center and rebuild it as an eight-court club, the latest example of a sports operator absorbing big-box space that traditional retailers no longer want. The…
Capital MarketsRetailAlternativesU.S. NationalSan Francisco
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The RegistryNews
San Francisco Warns Developers: Build Stalled Office Projects or Forfeit Prop M Allocations
San Francisco’s planning chief has moved to reclaim dormant office development rights from developers sitting on long-stalled downtown projects, threatening to strip their Proposition M allocations as City Hall races to refill a depleted pool amid a competitive scramble for the Financial District’s first…
Capital MarketsOfficeU.S. NationalSan Francisco
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REBusiness OnlineNews
Quantum Negotiates $5.8M Sale of Shopping Center in Aurora, Illinois
AURORA, ILL. — Quantum Real Estate Advisors Inc. has negotiated the $5.8 million sale of a 23,000-square-foot shopping center located at 405 N. Eola Road in Aurora. The center consists of 13 suites and is home to local, regional and national tenants. Brett Berlin of Quantum brokered the transaction. A local…
Capital MarketsRetailU.S. NationalIllinois
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REBusiness OnlineNews
Ascendant Purchases Eight-Hotel Portfolio Across Virginia Beach, Outer Banks
LOS ANGELES — Los Angeles-based Ascendant Capital Partners has acquired an eight-property hotel portfolio across Virginia Beach and North Carolina’s Outer Banks region. CBRE Hotels, the hospitality division of CBRE Group, represented the seller, Coastal Hospitality, in the transaction. CBRE also served as financial…
Capital MarketsHospitalityU.S. National
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REBusiness OnlineNews
Concord Summit Capital Arranges $115.5M Construction Loan for Multifamily Development in Fort Collins, Colorado
FORT COLLINS, COLO. — Concord Summit Capital has arranged a $115.5 million construction loan for Collins at Union Park, an apartment community in northern Colorado. Daniel Eidson, Keegan Burger and Ben Applebaum of Concord Summit Capital secured the nonrecourse loan, which features an 88 percent loan-to-cost ratio,…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalColorado
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REBusiness OnlineNews
CP Group Signs 35,000 SF of Leases at Caprock Office Campus in Bethesda, Maryland
BETHESDA, MD. — CP Group, along with a fund managed by DRA Advisors, has signed six leases over the past three months at Caprock, a 709,313-square foot office property located in Bethesda. Totaling approximately 35,000 square feet, the new tenants include nonprofit mechanical contractors’ organization MCA of…
Capital MarketsOfficeU.S. NationalMaryland
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REBusiness OnlineNews
Merchants Capital Arranges $10.8M in Financing for Affordable Housing Development in Kansas
LAWRENCE, KAN. — Merchants Capital has arranged $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence. Merchants Capital secured a Freddie Mac Unfunded Forward TEL loan for the project. The capital stack also includes federal and state low-income housing tax…
Capital MarketsAffordable HousingDebt & FinancingU.S. National
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REBusiness OnlineNews
SummerHill Breaks Ground on 251-Unit Multifamily Property in San Carlos, California
SAN CARLOS, CALIF. — SummerHill Apartment Communities has broken ground on 11 El Camino Real, a 251-unit multifamily community situated on 2.2 acres in San Carlos, located about 23 miles south of San Francisco. Completion is slated for 2028. SummerHill is a subsidiary of Marcus & Millichap and is based in Palo…
Capital MarketsMultifamilyU.S. NationalCalifornia
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REBusiness OnlineNews
StreetLights Residential Completes 134-Unit Apartment Building in Houston
HOUSTON — Dallas-based developer StreetLights Residential has completed The Langley, a 134-unit apartment building located near Rice University in Houston’s Museum District. The Langley is a 20-story building that houses two- and three-bedroom units that range in size from 2,165 to 3,396 square feet. Residences are…
Capital MarketsMultifamilyU.S. NationalDallas-Ft. Worth
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REBusiness OnlineNews
Spear Street Capital Buys Lower Manhattan Office, Retail Building for $50.5M
NEW YORK CITY — San Francisco-based investment firm Spear Street Capital has purchased 76 Eighth Avenue, a 10-story office and retail building in Lower Manhattan, for $50.5 million. The 35,620-square-foot building was completed in 2022 and was fully leased at the time of sale, with Wells Fargo occupying the retail…
Capital MarketsOfficeRetailU.S. NationalSan Francisco
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