National

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. World Wide Group was the seller. In a Turnbridge release, the company asserts that …

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. The Atlanta Business Chronicle reports that since then, Frankforter has …

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 Halloween season. “We are excited to have Spirit Halloween in our …

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 Holdings, LLC. The investment is being made on behalf …

SRS Real Estate Partners arranged the $41-million sale of San Dimas Commerce Center, a 19-building light industrial park located at 410-490 W. Arrow Hwy, in San Dimas. VP Dave Faris and EVP and senior managing principal Richard Schwartz represented the seller, San Dimas BP LLC. The buyer is an institutional investor with a national presence. …

JLL Capital Markets arranged the $30.4-million sale of Terra Nova Plaza, a fully leased, 96,114-square-foot retail property positioned within a 301,000-square-foot regional shopping center in Chula Vista. Senior managing director Gleb Lvovich, managing director Daniel Tyner and senior managing director Geoff Tranchina. represented the seller, a global investment manager. Located at 390 E H St., Terra Nova Plaza sits …

Barnes & Noble announced the upcoming opening of its newest bookstore in Chicago, Illinois. The new store is to open on State Street in The Loop, in the historic building that was once a flagship Borders Bookstore. More recently, the building was occupied by Old Navy. The store, located at 150 N State Street, is …

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 long-term retirement capital to support new housing supply. The project …

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 foreclosure before broadly marketing the asset for sale. The …

Cardone Capital paid $89.9 million, including 282 Bitcoin, for Orchid Run, a 282-unit apartment development in Naples, Florida. The Inland Real Estate Group of Companies was the seller. Berkadia’s Matt Mitchell and Chris Burtner arranged the sale on behalf of The Inland Real Estate Group. Completed in 2015, Orchid Run is located at 10991 Lost …

Executive Summary Japan and the United States recently jointly intervened to support the yen after the currency weakened to nearly ¥164 per dollar, its lowest level in roughly four decades. The operation briefly drove the yen to ¥155.20, its strongest level since May, before it surrendered part of the gain and settled near ¥157.50. The …

Savills Plc has completed its acquisition of Eastdil Secured LLC, for an enterprise value of US$1.1125 billion (approximately £827 million). The proposed acquisition was announced this past March.  Eastdil Secured will be rebranded to “Eastdil Secured Savills” with immediate effect and will continue to operate its existing business model within Savills Group, as the Group’s Real Estate …

The U.S. multifamily market gained momentum in the second quarter of 2026 as apartment demand accelerated and new construction continued to moderate, CBRE said Wednesday. Net absorption of 167,500 units nearly doubled the Q1 tally, while the national multifamily vacancy rate declined by 50 basis points quarter-over quarter to 4.3%, below its long-term average of …

Executive Summary Japan and the United States recently jointly intervened to support the yen after the currency weakened to nearly ¥164 per dollar, its lowest level in roughly four decades. The operation briefly drove the yen to ¥155.20, its strongest level since May, before it surrendered part of the gain and settled near ¥157.50. The …

Cushman & Wakefield arranged the sale of 73-75 Sullivan St., a newly constructed mixed-use property totaling 32,957 square feet and comprising 11 residential units and a ground-floor commercial space anchored by The Montessori School. The final sale price was $43,333,000. A Cushman & Wakefield team of Dylan Walsh, Niko Nicolaou, Ryan Dowd and Andrew Berry …

Permits have been approved for a new 10-story affordable senior housing development at 105 W. Tremont Ave. in the Morris Heights neighborhood of the Bronx. Developed by Crown Holdings in partnership with The Community Builders, one of the nation’s largest affordable housing organizations, the project will provide 95 Affordable Independent Residences forSeniors (AIRS) and form …

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 the early 1990s but has fallen into …

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 Market’s Sales and Advisory team was led …

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. “This acquisition checks …

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 Starbucks, Chipotle, The Old Spaghetti Factory, Panera …

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 square feet across fourteen buildings. BH acquired the property from …

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 second phase of a planned three-phase multifamily development encompassing more than 53 acres and …

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 President Jon Glass represented Compass Health Center …

CBRE announced that Anna Wolke (Faktorow) and Stuart Dyer have been promoted to executive vice president within the firm’s Data Center Solutions Group. Based in Northern Virginia, Wolke and Dyer advise developers, investors, institutional owners and occupiers across the U.S. data center sector. Alongside their team, they have played a role in some of the …