Austin Office Tower Trades for $151M

Jul 13, 2026

Brandywine Realty Trust sold downtown Austin’s 405 Colorado tower for $151 million. Chris Price at Partners was quoted in LinkedIn saying the buyer was Hines and that the 25-story tower is 100% leased. At its annual meeting, Brandywine’s CEO said the company was looking to divest between $250 million and $300…

Capital Markets Office U.S. National Austin Texas Colorado

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From NAIOP to CREDA: New Name, Expanded Scope, Same Mission

The rebranding of NAIOP to the Commercial Real Estate Development Association didn’t occur overnight—the association has worked for years on crafting its new identity. Nor is it the first time the organization has undergone a name change; in fact, President and CEO Marc Selvitelli told Connect CRE, the new name is…

Capital MarketsU.S. National

Posted today·Published Jul 13, 2026Read

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Financing Secured for Centennial Yards Mixed-Use Project

Centennial Yards Co. plans to build a 12-story building with approximately 280 apartments, 62,000 square feet of retail space and a 509-space parking garage. A CIM Group subsidiary is still ironing out last minute details before construction starts. A groundbreaking is tentatively scheduled for early 2027.…

Capital MarketsMultifamilyRetailU.S. National

Posted today·Published Jul 13, 2026Read

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Sundance Bay Snags $95.7M Financing on Two Texas Rental Communities

Sundance Bay obtained financing totalling $95.7 million for a 626-unit two-property Texas portfolio. Cushman & Wakefield’s Texas Equity, Debt & Structured Finance (EDSF) arranged the financing, which consists of $76.2 million in senior debt provided by Benefit Street Partners and a $19.5 million mezzanine loan…

Capital MarketsDebt & FinancingU.S. NationalTexas

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Trevato Lands $76.8M Construction Loan for Jax Apartment Complex

Trevato Development Group obtained a $76.8 million construction loan to build a mixed-use development in Jacksonville. The four-year, floating-rate loan was provided by Ameris Bank. A JLL Capital Markets team led by Mark West secured the loan. The development, located at 1944 Beach Blvd. in Jacksonville Beach, will…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalJacksonville

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Blackstone Leads $5.34B Investment in Williams Power Innovation Projects

Energy infrastructure company Williams said Monday it has signed an agreement led by funds managed by Blackstone Credit & Insurance, in partnership with Apollo and insurance vehicles and accounts managed by KKR, for $5.34 billion of committed capital to support the development of its five announced behind-the-meter…

Capital MarketsDebt & FinancingU.S. National

Posted today·Published Jul 13, 2026Read

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Fort Lauderdale Developer Inks Financing for Condos, Apartments, Retail

Dependable Equities, an affiliate of Sky Equity Group, secured $54 million in pre-construction financing from CDK, with Valley National Bank serving as a participating lender to advance a residential development south of the New River, near downtown Fort Lauderdale. The financing, arranged by Daryl Hagler and Allen…

Capital MarketsMultifamilyRetailU.S. NationalFort Lauderdale

Posted today·Published Jul 13, 2026Read

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