What happened, and who moved.
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…
Financing supports development of ANOVA The Pearl multifamily development adjacent to Wake Forest School of Medicine
Investor appetite for Manchester real estate is growing as the city offers capital-city characteristics at more competitive valuations than established European hubs.
Grupo Omnilife, a Guadalajara-founded dietary supplement company, is set to occupy its new American branch headquarters in the Dallas suburb of Allen. The company is set to occupy 72,000 square feet at 1003 Hwy 121 following the grand opening of the building this Friday. Plano-based Heady Investments built the…
The onslaught of severe weather has major implications for the state’s commercial property owners’ insurance costs.
L&G's first U.S. development is set to break ground this year in Concord, Massachusetts, with 201 multifamily units.
The Levin Johnston team at Marcus & Millichap directed the $12.1-million acquisition of Alamo Park Apartments, a 33-unit multifamily community in Mountain View, on behalf of a private investor. The acquisition completes a 1031 exchange that began with July’s $5.6-million sale of The Colony House Apartments in…
L&G’s Asset Management business in the U.S. has acquired a development site in Concord, Massachusetts, and plans to begin construction on a new two-building, 201-unit multifamily community. The investment and property development is being made on behalf of L&G’s Institutional Retirement business, which is deploying…
The Hamilton Company has leased approximately 10,000 square feet to Sprit Halloween at 55 Riverside Ave. in Medford, MA, which formerly housed a CVS. The retailer will open more than 1,550 seasonal locations this year across strip malls and shopping centers throughout North America, signaling the start of the…
Billionaire Ken Griffin just parted ways with his last remaining retail property on Worth Avenue in Palm Beach, Fla., Commercial Observer has learned. Blackstone Real Estate has agreed to acquire the three-story office and retail building at 125 Worth Avenue, owned by Griffin since 2023, for $86 million in an…
NASHVILLE, Tenn., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the closing of its previously announced underwritten registered public offering of 5,865,000 shares of its common stock, par value $0.01 per share, at a price to the public of $117.00…
Compass Health Center, a provider of mental healthcare, has signed a lease to occupy 22,203 square feet of space at 3160 Fairview Park Drive in Falls Church, Virginia. The Savills team of Vice Chairman Eric Feinberg, Corporate Managing Director Brandon Nasatir, Managing Director Nick DiChiara, and Executive Vice…
Gov. Gavin Newsom announced nearly $239 million in construction-gap funding for 20 affordable multifamily developments across California. The projects underwent a streamlined approval process to keep development on track and cut red tape, according to the governor’s office. With project costs totaling more than…
Steel Peak has acquired an industrial outdoor storage (IOS) property located at 1031 4th Avenue North in Kent, Washington, for $9 million. This is Steel Peak’s fourth IOS property acquisition in the Seattle area in the past 12 months and 15th overall. Will Schmidt of CBRE represented Steel Peak in its acquisition.…
L&G’s Asset Management business in the U.S. has acquired a development site at 292-294 Baker Ave. in Concord, MA and plans to begin construction on a two-building, 201-unit multifamily community. The company’s first ground-up development in the U.S., the project continues L&G’s partnership with Taurus Investment…
Gantry has secured a $13.65 million permanent loan to refinance maturing debt for Parkway Village at Sherwood, located at 21174-21430 SW Langer Farm Parkway in Sherwood, a Portland suburb approximately 15 miles from the city center. The 45,653-square-foot center is anchored by Walmart and features tenants such as…
During Q2, the REIT offloaded its last 79 self-storage assets and poured $3.3B into its data center arm, QTS.
Beacon Partners has sold a mixed-use development containing a nearly 200K SF office complex in Charlotte’s Lower South End.
Whoop is planning a major Boston expansion with a 107K SF office lease as it prepares for an IPO.
European capital is increasingly flowing into Canadian real estate as investors seek geographic diversification and stability.
GL Homes won site-plan approval for an eight-story multifamily development near the Sawgrass Mills shopping mall in Sunrise, where it is planning a massive mixed-use development of highrises. The Sunrise City Commission voted Tuesday night to approve the 294-unit project’s site plan. It spans 5.5 acres within a…
Cawley Commercial Real Estate completed a 286,622-square-foot industrial lease at 1717 Harvester Road in West Chicago, Illinois. The long-term lease brings the 465,950-square-foot manufacturing facility to full occupancy. The Cawley CRE team, consisting of David Conroy, Mark Wilson, Jordan Kwiecinski, and Daniel…
LaPour Partners plans to transform a once-thriving 19-story Phoenix office tower into a 340-room hotel. The Phoenix Business Journal reports the repurposed property at 400 E. Van Buren St. will be across the street from another signature hotel, the 1,000-room Sheraton Phoenix Downtown. Arizona Center was built in…
Vornado Realty Trust and Rudin Management have formally agreed to enter into a joint venture with an affiliate of Kenneth C. Griffin, Citadel’s founder and CEO (KG), to develop a 1.9-million-square-foot trophy office building at 350 Park Ave. In connection with the development, Citadel will lease 1.05 million…
An artificial intelligence-driven fund administrator is moving its headquarters to TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned. Hanover Park signed a 19,269-square-foot lease on the entire 10th floor of the NoMad property, marking its fifth office move in two years, according to CEO…
Texas Gov. Greg Abbott’s proposed data center audits are delaying the Electric Reliability Council of Texas’s approvals for interconnection by months. ERCOT runs their evaluations of how large projects add power demand to the grid that covers the vast majority of Texas in batches. Evaluating the projects that are…
A New York lender is more than ready for a Portland hospitality resurgence. Ready Capital, which assumed full ownership of the The Ritz-Carlton Portland mixed-use project following a foreclosure in July 2025, just secured $141 million of commercial property accessed clean energy (C-PACE) debt for the…
A Seattle apartment building with a history tied to the World’s Fair traded hands in the buyer’s biggest deal yet. Bellevue-based Nordic Partners Investments bought the 107-unit property at 415 Boren Avenue in First Hill for $14.4 million, the Puget Sound Business Journal reported. The acquisition is the largest to…
Simon Property increases mall rents by 144%, reshaping space after Saks' closures.
Office furniture manufacturer Haworth is staying seated at 125 Park Avenue. Haworth has signed a 10-year lease renewal for its 30,365-square-foot office and showroom space at the 25-story Midtown office building, landlord SL Green Realty announced Wednesday. The company, which manufactures and sells high-end,…
A $396 million commercial mortgage-backed securities (CMBS) loan secured by 85 10th Avenue, a 633,000-square-foot office property in Manhattan’s Chelsea neighborhood, has been sent to special servicing due to imminent maturity default, according to an alert from Morningstar Credit. 85 10th Avenue is owned jointly…
Harvey Hernandez’s Newgard Group bought a development site in West Palm Beach, Fla., to build an upscale parking garage with a private members club component. The Miami-based developer paid $10.5 million for a 2.6-acre parcel at 2500 North Florida Mango Road, just north of Palm Beach International Airport, property…
Black Creek Commerce Center is a three-building project positioned to serve Hyundai Metaplant suppliers and port-dependent logistics users
Monarch Investment & Management Group sold Fox Hill Apartments, a 153-unit garden-style community in Golden, Colorado for $32 million. Monarch Investment & Management Group owned Fox Hill for nearly 30 years. Sierra Parkway Communities was the buyer. JLL represented Monarch in the sale of the property. JLL Capital…
Stonepeak acquired an 860,100-square-foot rail-served logistics asset in Fort Worth, Texas. The asset is located in the Alliance submarket of Dallas-Fort Worth, which is anchored by two Class I rail lines, the BNSF Alliance intermodal terminal, and the Fort Worth Alliance cargo airport, with direct access to the…
BH Properties completed the acquisition of Tollway North Office Park, a 297,591-square-foot, seven-building business park in Plano, Texas. The acquisition follows the firm’s February 2025 purchase of the adjacent R&D at Legacy campus, bringing BH’s ownership within the Legacy Business Park to more than 675,000…
Teeple Partners started construction on its newest apartment development, Oaks Reserve. The 312-unit community will be situated along the Innovation Corridor in the Bryan-College Station market, midway between Texas A&M University’s RELLIS Research Campus and the Texas A&M Health Science Center. Oaks Reserve is the…
Rayonier Inc.’s (NYSE: RYN) merger with PotlatchDeltic in January wasn’t simply another industry transaction; it represented the culmination of years of consolidation and the creation of a company that management believes is increasingly able to unlock value beyond traditional timber harvesting.
Health care technology company SuperDial has inked a full-floor lease at GFP Real Estate’s 322 Eighth Avenue, according to a Wednesday announcement by the landlord. SuperDial’s 5,200-square-foot lease spans the entire 20th floor of the Chelsea office tower on the northeast corner of Eighth Avenue and West 26th…
Erez Asset Management successfully pushed for the sale of two real estate investment trusts in recent months. The activist investor is setting its sights on its next target: UMH Properties. Erez chair Bruce Schanzer called on UMH’s board to conduct a “thoughtful” review of strategic alternatives, according to a…
A century-old Bay Area family business known for supplying stone and brick just sold one of its Silicon Valley real estate holdings for $450 a square foot, pricing that lands closer to the market’s trophy office towers than to comparable Class B buildings. A Silicon Valley office building tied to one of the Bay…
Stockbridge's $767,000-per-unit purchase of Alta Potrero is the clearest signal yet that institutional buyers will pay a steep premium for newly built rental housing steps from San Francisco's booming AI employers. The post Stockbridge Pays $132MM for 172-Unit Alta Potrero in San Francisco’s Potrero Hill appeared…
As real estate transaction volume gradually returns, underwriting standards have tightened and return thresholds have reset. At the Texas Multifamily 2026 in-person event set for August 13 in Dallas, a panel of lending experts will provide conference attendees with insiders’ perspectives on how deals get done in…
The robotics startup, backed by Nvidia and Microsoft, is abandoning a cramped 10,000-square-foot Mission District office for six times the space in Burlingame's North Rollins industrial corridor, betting that proximity to Silicon Valley's data-center supply chain will fuel a hiring surge. The post Bright Machines…
The Richman Group, an $18.5 billion asset management firm, has secured $225 million in permanent financing to refinance three stabilized luxury multifamily properties in South Florida that total 942 units. New York Life Investment Management provided $107 million to refinance the Marc Apartments, a 396-unit…
Greystone provided $30.3M in FHA/HUD-insured financing to refinance a four-property, 385-bed skilled nursing portfolio in Rhode Island.
An artificial intelligence-powered insurance technology company subleasing space in Hudson Square has the attention of Gov. Kathy Hochul. While WithCoverage is only taking 17,663 square feet at GFP Real Estate’s 200 Varick Street, Hochul emphasized future economic benefits of the deal, such as the creation of 205…
Following a sluggish 2025, Austin’s housing market is on the mend. The Texas capital saw a 4.4 percent year-over-year increase in home sales in July across the Austin-Round Rock-San Antonio market, according to a new report from Unlock MLS, Central Texas’ multiple listing service operated by the Austin Board of…
ARLINGTON, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Flintridge, a 188-unit, garden-style apartment complex in Arlington. Built in 1979, Flintridge offers one- and two-bedroom units with an average size of 743 square feet and amenities such as a…
GAINESVILLE, TEXAS — A partnership between B-29 Investments and Hughes Commercial has broken ground on Camp Howze Industrial Rail Park, a 489-acre industrial park in Gainesville, located north of the metroplex in Cooke County. Located along I-35 and U.S. Highway 82, the master-planned development could ultimately…
Saratoga Capital Partners bought the 336-unit Generation Atlanta community on Centennial Olympic Park Drive for $98.4 million in a foreclosure auction. Frankforter Group was the building’s previous owner. In late 2021, Frankforter bought the project from Kaplan Residential for $126.9 million, then a record sale.…
Pearlmark has sold ShoreView Waterfront Apartments, a 216-unit Class A waterfront multifamily community located at 1161 3rd Avenue N in downtown Bradenton. Berkadia’s Matt Mitchell and Chris Burtner of Berkadia Florida arranged the sale on behalf of Pearlmark, which acquired the property through a mezzanine lender…
Turnbridge Equities acquired the 320-unit Skyhouse Raleigh, a multifamily community in downtown Raleigh. ACORE CAPITAL provided a $62 million first mortgage on the property. Equity for the transaction was provided by Turnbridge. Northmarq brokered the sale and arranged the debt financing. In a Turnbridge release,…
JLL Capital Markets led the sales efforts for the two Class A office buildings at 500 and 1200 Meadow Brook North along US-280
PACE Equity Finance and Lone Star PACE facilitated a $1.7 million C-PACE transaction for renovations at a medical office building in North Texas.
GREAT BARRINGTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a 66-unit apartment building in Great Barrington, located in western Masschusetts. Beech Tree Apartments comprises eight buildings on a 4.5-acre site. Daniel Scherban and Joseph Scherban of NEPCG…
NEW YORK CITY — Marcus & Millichap has signed an office lease extension and expansion in Midtown Manhattan. The firm now occupies roughly 41,000 square feet at 260 Madison Avenue, a 22-story building. Evan Fiddle of CBRE represented Marcus & Millichap in the lease negotiations. Paul Amrich, Neil King, Meghan Allen…
KANSAS CITY, MO. — Morgan Stanley Real Estate Investing (MSREI) has acquired a newly developed, 1.5 million-square-foot distribution facility in Kansas City for $158.5 million. The seller, Hunt Midwest, developed the Class A property as a build-to-suit for retailer Ace Hardware in 2025, marking the first phase of…
HOUSTON — New Hope Housing has completed NHH Avenue C, an affordable seniors housing project in Houston’s Magnolia Park/East End neighborhood. The number of units in the age-restricted (55-plus) complex was not disclosed, but residences come in one-, two- and three-bedroom floor plans. Amenities include a…