National

Stratus Development has broken ground on Phase II of Puritan Mill, which will offer 411 student housing beds near the University of Georgia campus in Athens. Puritan Mill I debuted in 2023. The community will feature townhomes in two-, three- and four-bedroom configurations. Shared amenities are set to include a dog park, nature trails, pickleball …

Elmington Capital closed on construction loans in the amount of $80 million in order to build an affordable housing project near Nissan Stadium. The Nashville Business Journal reports it’s the first project to rise as part of Eastpoint Flats, a mixed-use development helmed by The Fallon Co. on the East Bank. The financing comes a …

Construction and restoration have begun on affordable housing units at the historic Warren Hall building in Boston’s Brighton neighborhood, The project is a collaborative effort between Allston Brighton CDC (ABCDC), Schochet, Mayor’s Office of Housing at the City of Boston (MOH), Community Economic Development Assistance Corporation (CEDAC), MassHousing and the Executive Office of Housing and Livable Communities, with …

An 11-story office building in downtown Boston has sold for $30 million, representing a 7% discount and a major loss for the owner that paid $103 million in 2019, the Boston Business Journal reported. Atlanta-based Jametown traded the property at 18 Tremont St., between Boston Common and City Hall, to an affiliate of locally based …

Hanley Investment Group Real Estate Advisors completed the $5-million sale of a 7‑Eleven-occupied convenience store and gas station in Clovis. Within the past 12 months, Hanley has closed more than $60 million in corporate convenience store and gas station deals across California. VP Jacob Fahner and EVP Jeremy McChesney represented a Los Angeles–based private investor in the …

NAI Capital Commercial VP Dawn Lowder, Julie Dammeier of First Team Real Estate and Andrew Rodriguez represented the landlord in the lease of a 163,336-square-foot industrial facility located at 1930 S. Parco Ave. in Ontario. The tenant, Hoa’s Global Pet Nutrition Inc., was represented by Jesse and Jacklyn Hamilton of Maple Commercial Real Estate. Hoa’s Global Pet will occupy the M2-zoned …

Leon Multifamily and Leon Financial, both subsidiaries of Leon Capital Group, announced a preferred equity investment of $10.76 million in an apartment community in Naperville, Illinois. The investment represents a milestone as the company expands its real estate platform into the credit space. The project, completed in February 2025, caters primarily to residents aged 55 …

Cushman & Wakefield has brokered the $12.25 million sale of Monon & Main, a four-story, 34,650-square-foot boutique mixed-use office and retail property located at 211 West Main St. in Carmel, Indiana, a northern suburb of Indianapolis. At $354 per square foot, the transaction set a new high-water mark for office sales in Indiana, according to …

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 …

Constellation Group and The Boschetti Group closed on a $67.5 million construction loan for Cora Merrick Park, a boutique residential condominium in Coral Gables. Located at 4241 Aurora Street, Cora will deliver 74 residences. Lender BHI provided the financing, which was arranged by a Berkadia Miami team led by Scott Wadler and Matt Nihan. Construction on …

13th Floor Investments, in partnership with Barings, has secured a $134 million construction loan to finance the development of Crescendo, the fourth and final residential tower at Link at Douglas. The construction financing is led by Santander Bank in partnership with TD Bank and First Horizon Bank. Located at 3070 SW 37th Avenue, adjacent to Miami-Dade County’s Douglas …

A consortium led by KKR, the Kuwait Investment Authority, NVIDIA and Vistra have launched Helix Digital Infrastructure, a new company designed to address growing demand for integrated AI infrastructure solutions by combining data center, power and connectivity development under a single platform.  Helix launches with more than $10 billion in capital commitments from its founding investors and will …

Tishman Speyer reached the first close on its Korea Living Venture (KLV), securing US$300 million in third-party equity commitments from two blue-chip European pension funds for a new fund dedicated to acquiring, repositioning and developing multifamily and accommodation properties throughout Seoul. The commitments from APG Asset Management N.V. and Bouwinvest provide a strong foundation for …

Ground lease REIT Safehold Inc. has formed a joint venture with a Brookfield affiliate on a portfolio of ground leases. Brookfield will purchase a non-controlling 49% interest in the venture at a gross valuation of approximately $348 million. Safehold will retain a series of call options beginning after year seven to repurchase Brookfield’s interest. The assets contributed by Safehold are …

Plenty has been written about how energy price shocks and oil scarcity are impacting commercial real estate. Higher oil prices are impacting everything from CRE asset valuations to construction to overall macroeconomics (including inflation). A recent CBRE article said that another commercial real estate category is also affected: Occupiers. Increasing energy costs are impacting building …

Vornado Realty Trust has completed its previously announced acquisition of a 49% interest in Park Avenue Plaza. The 1.2-million-square-foot office property at 55 E. 52nd St. traded at a gross valuation of $1.1 billion, a significant discount to replacement cost. The trophy, Class A office building, co-owned by Fisher Brothers, has protected Park Avenue views …

Two Trees Management Co. announced that Penthouse 1B at One Domino Square is under contract for $7,750,000. The condominium is both the largest and most expensive in the building, and the highest-priced sponsor sale in North Brooklyn history, surpassing the previous record-setting $7,450,000 sale of Penthouse 1A.  One Domino Square is more than 75% sold …

Stonepeak paid $109 millon for a 147-unit senior living facility in Scottsdale. The Acoya Shea was sold by Harrison Street Asset Management and Cogir Senior Living. The Phoenix Business Journal reports a Colliers spokesperson said the sale price was a record per unit for a senior living facility in the region. Ryan Cos. designed, developed …

Wood Partners sold the Alta Rise apartments in Gilbert to DWS Group for $81.6 million. DWS paid $293,525.18 per unit. The Phoenix Business Journal reports Wood developed the property, which was delivered in 2025. IPA’s Steve Gebing and Cliff David represented Wood Partners and procured the buyer for the transaction. Built on 9.44 acres at …

The Housing Authority of Snohomish County (HASCO) recently broke ground on Leonard Crossing Apartments, a nearly $47 million plan for 124 apartments on Cedar Avenue. The 124-unit complex will sit on a four-acre parcel of land close to downtown, grocery stores and medical services. The project will feature a mix of one, two, and three-bedroom units. …

Alliant, a Portland-based construction firm, has opened its new headquarters in the heart of downtown Alliant Systems purchased its Goose Hollow offices nearly two years ago and is relocating from its previous location in the Pearl District at Northwest 12th Avenue and Flanders Street. The new state-of-the-art office at 1705 S.W. Taylor Street spans 28,000 …

Scenic Capital Advisors has acquired the Marriott San Antonio Airport hotel at 77 NE Interstate 410 Loop. The San Antonio Business Journal reports the firm took out a $36.8 million loan from Frost Bank as part of the transaction. Bricton Group was the seller of the 367-key property, which it bought in 2019. It spent …

The Hilton Houston NASA Clear Lake hotel has announced that it will lay off its 65 workers and close on July 31. The hotel will be redeveloped into a Compass by Margaritaville hotel. In August 2025, Nassar Bay Resorts acquired the 242-key hotel for $27 million. The Houston Business Journal reports Nassar Bay Resorts is …

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 …

Sentinel Real Estate has acquired The Perry, a luxury multifamily community located at 12430 Park Potomac Avenue in Potomac, Maryland, approximately 10 miles northwest of downtown Washington, D.C. Featuring modern construction, spacious floor plans and high-end interior finishes complemented by a comprehensive indoor and outdoor amenities, The Perry is positioned as one of the premier …

Transwestern has acquired SSH Real Estate, Inc. (SSH), a Philadelphia-based commercial real estate firm that provides property management, brokerage, and investment services. The transaction marks Transwestern’s entry into the Philadelphia market, adding 47 team members and a regional property management portfolio of more than 5 million square feet to the firm’s Mid-Atlantic operations. SSH was …