National

CTO Realty Growth acquired Madison Yards, a 163,000 square foot retail center in Reynoldstown, for $73.3 million. An affiliate of Heitman Capital Management was the seller. Crawford Square Real Estate Advisors will lease and manage the property. The Atlanta Business Chronicle reports retail tenants include Publix, AMC Theatres, Taqueria Tsunami, Daily Dose Coffee, Girl Diver and …

Highland Ventures is updating a building that recently sold at a discount. The Charlotte Business Journal reports the company paid $24 million for a building that had an appraised value four times that. The building at 525 North Tryon is a 19-story, 409,000-square-foot tower built in 1998. The building’s property manager, Insite Properties, is overseeing …

JLL Capital Markets arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community in Worcester, MA. Managing director Henry Schaffer and director Madeline Joyce worked on behalf of the developer, The United Group of Companies, Inc., to secure the bridge loan through Eastern Bank for UW Senior, LLC. The …

Condyne Capital announced plans for a transformative redevelopment project at the former Konica Minolta building located at 500 Day Hill Rd. in Windsor, CT. The proposed mixed-use development has approvals in place and will be an adaptive reuse of a 99,480-square-foot office building. 500 Day Hill Rd. will feature 300 Class A apartments alongside 19,983 …

At Connect CRE Los Angeles 2026, industry leaders interviewed by Connect CRE offered varying takes on the outlook for the balance of 2026, yet a common thread through their comments was a need to zero in on what works in the current environment. “What is happening increasingly is that operators are making their money through operating excellence,” said Alain R’Bibo, partner, …

Advanced Real Estate has acquired the 126-unit Casa La Paz apartment community in Rowland Heights. The property has been rebranded as The Rowland and will undergo a comprehensive renovation program including exterior improvements, upgraded interiors, and enhanced community amenities. The acquisition marks the fifth property acquired in the past eight months by Advanced Fund 24-3. …

KeyBank Community Development Lending and Investment (CDLI), a national leader in affordable housing finance, announced a key hire and new leadership appointment to further strengthen and scale its equity syndications platform. Naomi See has joined CDLI as a senior banker on the business development and investor relations team, enhancing the platform’s ability to deepen institutional investor …

Nicholas Family of Companies (NFOC) recently celebrated the significant construction progress at the Elk Grove Ice Arena, a new indoor ice rink in Elk Grove Village, Illinois, about 25 miles northwest of Chicago. To commemorate the start of interior work at the new arena, an event was held to sign a support column within the …

JPI has broken ground on a $103.2 million, 415-unit multifamily development in Denton, Texas.  Located at 3855 Hudsonwood Road, Jefferson Quail Creek marks the company’s fifth construction close in Texas and third workforce community this calendar year. The community also marks the company’s second partnership with the Denton Housing Authority in 2025. JPI recently broke ground on Jefferson Bonnie Brae, …

Ytech secured $565 million in construction financing from J.P. Morgan (NYSE: JPM) and Sculptor Real Estate for The Residences at 1428 Brickell, a 70-story residential condominium tower already under active construction and more than 60 percent sold. J.P. Morgan provided financing as the senior lender, with Sculptor Real Estate as the junior lender for the development. Melissa Rose and Brian …

Greystar is seeking permission from the City of Doral to build 896 apartments at the Miami International Mall. The development is slated to go where two department store buildings currently stand. The South Florida Business Journal reports that the site includes the shuttered Sears and  JCPenney store. Under the proposal, Greystar would build up to 896 apartments in three …

Four West Developers delivered SQUARE Hallandale, a 360,000 square foot office project at 648 W. Hallandale Beach Blvd. The for-sale commercial product has move-in-ready office suites starting at $249,900. The building features flexible suite layouts ranging from 248 to 1,766 square feet.  The development offers 18,000 square feet of resort-style amenities centered on a sixth-floor …

The balance of power in global logistics real estate markets is tipping back into the landlord’s favor. Cushman & Wakefield’s Waypoint 2026 report analyzing 135 global logistics markets projects that the proportion experiencing tenant‑favorable conditions will fall from 52% in 2026 to 33% by 2029 as vacancy tightens and supply remains constrained. This shift will see …

DigitalBridge Group, Inc, a global alternative asset manager dedicated to digital infrastructure, has entered into a definitive agreement to acquire ArcLight Capital Partners, LLC, one of North America’s leading specialist investors in power and electric infrastructure, for a total transaction value of up to $1.05 billion. The combination forms a leading alternative asset manager with assets …

A TPG Real Estate-led group has acquired ECHO Realty, a full-service owner and operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion. The transaction was led by TPG in partnership with PSP Investments, La Caisse and Norges Bank Investment Management. ECHO owns and operates approximately 230 retail centers located across key Midwest and …

Employers added 172,000 jobs during in May, well above the 88,000 consensus estimate, while the unemployment rate held steady at 4.3%, according to the U.S. Bureau of Labor Statistics. Job gains for March and April were revised higher by a combined 93,000, further strengthening the overall trend.  Hiring was broad-based across key sectors. Leisure and hospitality led …

Net lease REIT W. P. Carey (WPC) recently closed the sale-leaseback of a 43-property manufacturing portfolio with newly branded GardenCore (formerly Oldcastle Lawn & Garden), a leading U.S. manufacturer of lawn and garden consumables, for an undisclosed amount. The deal follows Pacific Avenue Capital Partners’ $1.1-billion acquisition of GardenCore, as part of a corporate carve-out …

Access Real Estate and Witkoff announced that Atria Health Institute will lease the full commercial space at One High Line, a mixed-use development in Manhattan’s West Chelsea neighborhood. Atria will occupy One High Line’s full five-story commercial component, a highly visible space that connects the development’s East and West towers and spans approximately 52,000 square …

The transformation of the 11-story One Camelback is nearly finished. The Phoenix Business Journal reports the glass tower is now more than 90% completed and expects to open in September. Kinella Capital acquired the former BMO bank building for $36 million after the original developer defaulted on the loan. The 163-unit complex will have a 150-foot …

Phoenix-based Porter Kyle Builders continues to build up its Build-to-Rent homebuilding operations with the addition of CRE veteran John Rowland as Vice President of Construction. Rowland brings more than 25 years of residential construction experience, including leadership roles with four national homebuilders. Throughout his career, he has overseen a wide range of projects and operations, …

Cresa Portland, an occupier-focused commercial real estate advisory firm, announced the merger of Portland-based owner’s representation for development and construction management firm BC Group into Cresa Portland, expanding the firm’s integrated real estate services platform throughout the Pacific Northwest. BC Group has built a strong reputation across Oregon and the broader region for its expertise …

The Springs Living, a senior housing and care provider operator, recently broke ground on a 225-residence senior living community in Issaquah Highlands, its first in the Seattle region. As The Springs Living’s 24th community, this development responds to the growing pressures across housing, as Washington’s aging population and constrained housing supply are placing increasing pressure …

Koontz Corp. sold Phase I of Westport Industrial Park to Nuveen Real Estate. JLL represented both the buyer and seller. The project, delivered in 2023, includes two 93,600-square-foot rear-load industrial buildings on roughly 17 acres at the intersection of South Callaghan Road and Texas Highway 151. The San Antonio Business Journal reports Koontz is retaining ownership of Phase …

New Caney’s new 210,000-square-foot convention center is slated to open in December. The Houston Business Journal reports the convention center is part of the next phase of The Signorelli Co.’s Valley Ranch, which focuses on bringing new retail, commerce and entertainment into the 1,400-acre master-planned community. East Montgomery County Improvement District (EMCID) is in charge of the …

Oak Row Equities and Mariposa Real Estate claim to have completed the largest single land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage. The Brickell assemblage includes The Yacht Club Apartments and the …

IPA Capital Markets, a division of Marcus & Millichap, has arranged $26.87 million in financing, along with joint venture equity, for the acquisition of The Pinnacle, a newly built 115-unit luxury multifamily community in Washington, D.C.’s NoMa submarket. Led by Max Hulsh in the firm’s Manhattan office, the IPA Capital Markets team arranged the acquisition …

Berkadia secured $37.6 million in C-PACE financing for 1201 Sycamore, a trophy outpatient medical and community services facility located in the Congress Heights neighborhood of Southeast Washington, D.C. Berkadia arranged the financing on behalf of the sponsorship team of Redbrick LMD and Gragg Cardona Souadi, both of Washington, D.C. Nuveen Green Capital provided the C-PACE …