Nomura Prices Largest Single-Bank SASB CMBS in Two Years

Jul 24, 2026

As it approaches its first birthday, Nomura Securities’ commercial real estate lending platform has an extra reason to celebrate: It just sealed the largest sole-bank single-asset, single-borrower commercial mortgage-backed securities (SASB CMBS) deal in almost two years. The $719 million KELR 2026-MF deal is…

Capital Markets CMBS Debt & Financing U.S. National New York

Read the full report at Commercial Observer

Published by Commercial Observer. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.

Waste Management Buys 146-Acre Miami-Dade Development Site for $380M

Waste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515 Northwest 95th Avenue near the Everglades national park. About half the site remains vacant while…

Capital Markets

U.S. National

New York

via Commercial Observer·Posted today·Published Jul 24, 2026Read

Commercial ObserverNews

No, the Pfizer Near-Disaster Won’t Slow New York’s Conversion Wave

New York City is relying, in part, on more than 16,000 units planned via office-to-residential conversions to ease its enduring housing crisis. So, when the country’s largest conversion, sitting in the heart of Midtown, starts to buckle, it’s not taken lightly. The startling structural emergency at MetroLoft and…

Capital MarketsOfficeU.S. NationalNew York

Posted 1 day ago·Published Jul 24, 2026Read

Rexford Plans Up to $2B in Sales After Posting $507M Loss in Q2

Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller. The Los Angeles-based real estate investment trust (REIT) has identified about $2 billion of “noncore assets” for disposition as it…

Capital MarketsIndustrial & LogisticsREITsU.S. NationalNew York

via Commercial Observer·Posted today·Published Jul 24, 2026Read

West Palm Beach Multifamily Property Converted From Condos Sells for $91M

The seesaw history of a West Palm Beach residential complex has a new chapter. A joint venture between the Kamson Corporation and Joel Gluck’s Scopus Property Management has closed on a $90 million acquisition of Ponte Verde at Palm Beach Lakes, Commercial Observer has learned. The 400-unit property was built in…

Capital MarketsMultifamilyU.S. NationalNew York

via Commercial Observer·Posted today·Published Jul 24, 2026Read

Commercial ObserverNews

Carlyle Group, Haussmann Submit Plans for 99 Units at Brooklyn’s 566 Grand Avenue

Carlyle Group and Haussmann Development have plans to partner on a 99-unit apartment complex in Brooklyn’s Crown Heights neighborhood. The two developers filed plans Thursday with the New York City Department of Buildings (DOB) to bring a new 12-story mixed-use building to 566 Grand Avenue, near the corner of Grand…

Capital MarketsMultifamilyU.S. NationalNew York

Posted today·Published Jul 24, 2026Read

Commercial ObserverNews

Protective Live, Berkadia Provide $50M for Two Senior Living Facilities

Senior Living Transformation Company (SLTC) and Sabal Investment Holdings have secured $50 million to acquire and improve two senior living communities that specialize in assisted living and memory care: Daylesford Crossing in Paoli, Pa., and the Villages of Windcrest in Fredericksburg, Texas. Protective Life…

Capital MarketsU.S. NationalNew York

Posted 1 day ago·Published Jul 24, 2026Read

Commercial ObserverJewish High School Championed by Jeff Sutton Secures $30M in Construction Financing9 reads

MatthewsAustin, TX Multifamily Market Report Q1 20266 reads

RedfinGen Z Is Creating A New Path To Prosperity5 reads

JLLAre structural issues distorting Melbourne’s vacancy?4 reads

Cushman & WakefieldSan Antonio Multifamily MarketBeat Q1 20264 reads

Did you know?

Test your commercial real estate knowledge with a quick question.