National

Avison Young has been retained to market Savoy Apartments, a 302-unit, Class A multifamily community located at 650 E. Brooklyn Village Ave. The six-story property also features four ground-floor retail suites. An Avison Young team comprised of James Nelson, Erik Edeen, James Hanson, Steven Peden and Kim Troeller is leading marketing efforts. Savoy Apartments features a …

Parkside Partners bought The Peachtree, a 21-story building at 1355 Peachtree St., intending to undertake a significant makeover. Coastal States Bank provided acquisition financing. The seller was a joint venture led by Banyan Street Capital, represented by Eastdil Secured Savills in the deal. The Atlanta Business Chronicle reports the joint venture had purchased it for …

Affordable Housing and Services Collaborative, Inc. (AHSC) and The Peabody Companies have been awarded funding from the state to redevelop the Linden Street Community in Needham. Built in the 1960s and 1970s and currently comprising 76 studio apartments for lower-income seniors, the Linden Street Community will be completely renovated in two phases to provide larger …

Danish biopharmaceutical firm H. Lundbeck A/S, which focuses on brain health, said Friday it will establish an innovation hub in Greater Boston and relocate its U.S. headquarters to the region from Deerfield, IL. The transition will occur over the next year. “The US has been an important driver of Lundbeck’s commercial progress and remains central …

Seven Equity Group acquired 875 and 899 Howard, a two-building office property totaling roughly 280,000 square feet in downtown San Francisco, for $65.5 million. Commercial Search reports that Genesis Capital Group originated a $51 million acquisition loan. Hudson Pacific Properties was the seller. The two buildings debuted in 1920. The one at 899 Howard is a retail-to-office …

Blackstone and LBA Realty are ready to close on a $270 million CMBS refinancing for One Culver, an 8-story office building in Culver City, a town teeming with prominent companies. The 378,377-square-foot office property is near Apple’s 536,000-square-foot office building. Nomura Holdings originated the loan. Commercial Search reports that the loan proceeds will retire $310 …

Marcus & Millichap announced the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne, Indiana.  “Shoaff Park Villas presented a rare opportunity as it was the first time the property had been offered for sale since 1976 after being owned by the same family for 50 years,” said Jack Friskney, director of …

Becovic Residential has acquired the historic mixed-use property at 5154 N. Clark Street for $20 million and is introducing it under its new name, The Quarters at Andersonville. Built in 1923 and occupying a full city block at the intersection of Clark Street, Foster Avenue and Ashland Avenue, The Quarters at Andersonville includes 81 apartments …

Longpoint Partners acquired a 10-building industrial portfolio in Miami-Dade County for $195 million. Brookfield Asset Management was the seller. The portfolio comprises 729,901 square feet on approximately 41.8 acres in established Miami industrial submarkets. At acquisition, the portfolio was 90% occupied by 74 tenants, with an average tenant size of approximately 9,864 square feet. The …

JSB Capital inked a $238 million refinancing of The Landmark South, a 631-unit, Class A multifamily community in Doral, Florida. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. Aaron Appel, Michael Stepniewski, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Sean Bastian, and Stanley Cayre arranged the floating-rate, interest-only bridge loan from Torchlight Investors. Completed in two phases in 2017 and …

Realty Income Corporation and KKR have formed a euro-denominated joint venture that is expected to own a diversified portfolio of existing European net lease real estate assets contributed by Realty Income, spanning four markets and a broad mix of industries and tenants. Capital accounts advised by KKR intend to make an initial investment of €528 …

Ares Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecessor …

The National Multifamily Housing Council (NMHC) said its Quarterly Survey of Apartment Construction & Development Activity for the third quarter of 2026 points to a challenging development environment characterized by increasing construction costs, economic uncertainty and low rent growth. However, even as fewer projects break ground, builders and developers remain optimistic in their 6-12-month outlook on …

Economic uncertainty drove many investors toward retail properties offering potential stability, according to Marcus & Millichap. The company’s recently released third-quarter national retail report found that many investors favored single-tenant, net-leased properties because of their perceived lower risk. Others gravitated toward shopping centers with upside through re-tenanting, upgrades and improved management. The number of $20 …

A local developer has purchased a commercial unit in Long Island City for $6.1 million, or approximately $407 per buildable square foot, with plans to redevelop the building into high-end condos. Marcus & Millichap negotiated the sale of the now-vacant property at 49-03 Fifth St., which was formerly home to an auto repair shop. The …

Manhattan hedge fund manager Castle Hook Partners has agreed to lease the entire top two floors of 625 Madison Ave., the 53-story office tower being developed by Related Cos. in Midtown East. The 15-year lease comes with extension options totaling up to 10 years, according to city property records cited by the New York Business …

Carmel Partners purchased Edison at RiNo, a 277-unit luxury apartment building at 3063 Brighton Blvd. in Denver. The company paid $76.6 million for the apartment complex. Clarion was the previous owner. JLL secured Clarion a $60.3 million as part of a refinancing for Edison. Edison is a nine-story building with ground-floor townhome-style units and high-level …

Widewaters and Trammell Crow are seeking a permit for a 376-unit apartment complex development. The Phoenix Business Journal reports the 12-acre vacant parcel will be on a parking lot adjacent to the 25-acre Emerald City mixed-use project. Among the businesses already within the Emerald City project are IKEA, LifeTime Fitness and White Castle. There will …

The Puget Sound development pipeline is seeing a significant reset, with a meaningful number of developers formally shelving projects rather than continuing to extend timelines and hold entitlements while waiting for market conditions to improve. As a result, both the approved and in-review pipelines contracted over the past year. According to a report by Kidder …

High Street Residential, the residential subsidiary of Trammell Crow Company (TCC), announced the signing of a new retail lease on the ground floor of The Ryder, an upcoming 244-unit multifamily community in the Roosevelt neighborhood of Seattle, Washington. FLX, a local Pilates studio, has agreed to take the project’s sole 1,268-square-foot retail space, making it …

Freehill broke ground on Fairbanks Landing, a four-building, 1.64 million-square-foot Class A industrial development in Northwest Houston. The project will be delivered in two phases. Phase I will consist of Buildings 1 and 2, totaling 809,220 square feet, and is scheduled for completion in Q3 2027. Phase II will add Buildings 3 and 4, totaling …

McCombs Enterprises is seeking to capture tax revenue to fund the infrastructure needs of a mixed-use project the company is proposing. The developer estimates the project will require roughly $43.6 million in public infrastructure improvements and says any reimbursement would come through a proposed TIRZ cutout. McCombs would pay for half of those costs. The …

Northmarq’s Philadelphia Debt + Equity team, led by John Banas and Kris Wood, along with David Singer and Jeff Steigerwalt, has lent $19.1 million for the refinancing of Dover Run Apartments located at 2670 Springhouse Bend in Dover, Pennsylvania. Northmarq arranged the deal on behalf of the borrower, Boyd Wilson. The financing was secured through …

Newmark arranged the $97.5 million sale of the Willow Oaks Medical Campus, a 382,850-square-foot, two-building portfolio of medical office buildings located at 8260 and 8280 Willow Oaks Corporate Drive in Fairfax, Virginia. Inova Health System (Moody’s Aa2) acquired the portfolio from Stockdale Capital Partners. Co-Heads of U.S. Medical Office Capital Markets  Ben Appel,  Jay Miele and Justin Shepherd, …