National

HMF Americana acquired a development site from Harris Teeter near the border of Stallings and Weddington in Charlotte to build a mixed-use community. The planned development will include 221 rental homes, dedicated 55+ residences, and approximately 10,000 square feet of multi-tenant commercial space. Site work is expected to begin in October, followed by vertical construction in …

Walmart plans to build a high-tech fulfillment center in Carnesville, creating 1,000 new jobs and bringing $1.3 billion in investment to Franklin County. Carnesville is approximately 85 miles northeast of Atlanta. The new 1.5 million-square-foot automated facility will be located at the Franklin 85 Logistics Center in Carnesville. Walmart’s fulfillment centers are located in strategic markets …

JLL has arranged a refinancing for a recently built self-storage facility managed by Extra Space Storage Inc. in South Portland, ME. Working on behalf of the borrower, The Ardent Companies, a JLL Capital Markets Debt Advisory team secured the five-year loan through a regional bank. Located at 193 Western Ave., just south of Portland International …

Boston-based real estate investment trust BXP has acquired a pair of office buildings in Waltham, MA for a total of $30 million following a rezoning of the area. The REIT paid $17 million for 860 Winter St. and $13 million for 870 Winter St., according to county deed records cited by Banker & Tradesman. The …

CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arranging the three-year, floating-rate loan through CrossHarbor Capital Partners. The Samuel will be located at 2821 Adams Ave. in North Park. The eight-story development …

A joint venture of TMG Partners, Grove Real Estate Partners and an affiliate of Lone Star Real Estate Fund VII acquired a 2.2 million-square-foot portfolio of R&D assets spread across six campuses in Silicon Valley. Commercial Search reports that Washington Holdings sold the collection. With 50 buildings spanning 140 acres, it’s the largest institutionally owned …

CBRE has promoted Chris Schastok to vice chairman, the firm’s highest professional title for producers. Schastok is a member of CBRE’s Site Selection & Incentives group within the Advisory Services Practice, based in Chicago. For more than 13 years at the firm, he has helped clients translate business objectives into site selection strategy and economic …

Mid-America Real Estate Corporation’s Investment Sales Group has arranged the sale of Willow Creek Center, a grocery-anchored regional shopping center located in the affluent North Shore suburb of Glenview, Illinois. Positioned within one of Chicagoland’s most desirable retail corridors, Willow Creek Center features a diverse mix of national and regional retailers. The center is shadow-anchored …

Pinnacle secured $40.2 million in financing to develop a new mixed-use, affordable senior housing community in Fort Lauderdale. The financing will support Pinnacle at Cypress Phase I, the first of a two-phase development that will combine senior housing with ground-floor commercial space. Located at 6520 North Andrews Avenue in Fort Lauderdale, Pinnacle at Cypress Phase …

Newmark arranged $215.8 million in bridge refinancing for Waypoint Residential’s five-property, 1,274-unit multifamily portfolio spanning key markets throughout Florida.  Newmark’s Matthew Williams and Rob Wright secured the construction takeout bridge financing through Benefit Street Partners, with support from James Maynard and Kyle Schlitt.  The portfolio comprises five newly constructed, luxury garden-style multifamily communities in Vero …

The ranks of U.S. and Canadian tech talent skilled in artificial intelligence grew by 45% in the past year, with AI-related roles now accounting for nearly a third of U.S. tech-talent job listings and boosting office-leasing activity in top tech hubs, CBRE reported. The firm’s 13th annual Scoring Tech Talent report highlights the clustering of AI …

Avison Young said Tuesday it has reached an agreement on a recapitalization transaction that strengthens the company’s financial foundation and provides additional liquidity for growth, sustained profitability and long-term value. Building upon the successful recapitalization in 2024, the transaction positions Avison Young for its next phase of growth. The firm will engage in a disciplined …

The supply-demand imbalance in U.S. senior housing creates a $1-trillion investment opportunity, NIC MAP reported. NIC MAP’s updated Senior Housing Market Outlook shows that the nation’s 80+ population is entering a period of historic growth just as existing communities are filling up and new construction remains near historically low levels. With the first Baby Boomers turning 80 throughout 2026, the …

The typical narrative is that the U.S. housing market has a shortage of three to four million homes. However, housing analyst Ivy Zelman suggested during the Sept. 2 Walker Webcast that the market may be closer to equilibrium than the estimates indicate. “Our view is that the current supply is meeting the level of household …

Canada’s Manga Hotel Group has purchased the Chelsean New York Hotel in Manhattan for $50 million, or more than $316,000 per key for the 158-key property. The seller was Lam Generation, a hospitality real estate developer led by Jeffrey Lam, according to property records cited by Commercial Observer. Located at 158-162 West 25th Street, the …

New York City has launched a housing lottery for 227 units at One River Park, a major two-tower development under construction alongside the Harlem River in the South Bronx. The lottery, which ends September 24, is open to people earning between 70% and 130% of the area median income (AMI), according to the city’s Housing …

CBRE facilitated the sale of a 5.83-acre redevelopment site in Wheat Ridge, Colorado, to Trinsic Residential Group. The firm plans to develop a 335-unit Class A multifamily community with modern amenities on the site. Martin Roth and Eric Roth of CBRE represented the seller, Terrapin Investments, an investment firm specializing in owning and managing hotel properties …

Evergreen Development acquired an 11.7-acre parcel north of Signal Butte and Warner in Mesa’s Eastmark submarket to build a mixed-use community that pairs multifamily housing with new retail. The property was purchased from Brookfield. The development combines apartment homes with a retail center. The multifamily portion will include 261 units across nine three-story buildings. Residents will have access …

Growing demand from aerospace, defense, space, and emerging technology companies is driving plans for the Kent Manufacturing & Innovation Campus (KMIC), a proposed 9.3-acre industrial development in the Pacific Northwest. Mortenson is advancing the project in partnership with the city of Kent. The 9.3-acre site is emerging as a future home for specialized occupiers seeking …

CBRE arranged the sale of Steppe, an 87-unit multifamily community located at 2365 NE Conners Ave. in Bend, Oregon. The property sold for just over $20 million. CBRE’s Sam Lawhead, Joe Nydahl, Matt Dodd and Josh McDonald represented both the seller, National Real Estate Advisors and the buyer, Fourth Avenue Capital, in the transaction. Completed …

The apartment investor, developer and renter are all affected by cycles endemic in the industry. Where are we now? A handful of panelists at the Connect Texas Multifamily conference at The Joule weighed in on where we are when it comes to cycles. Greg Willett from Leaseback believes we just crested, “Midyear was the pivot …

Bitdeer Technologies Group spent $100 million on 200 acres at the former Alcoa Corp. site in Milan County. The Austin Business Journal reports the company plans to use that land to expand artificial intelligence and high-performance computing operations. Among other things, the company is a cryptocurrency miner. The company said it now owns and operates …

Colliers completed a 67,040-square-foot industrial lease at 4780 Winchester Boulevard in Frederick, Maryland. Executive Vice Presidents Thomas Gentner, Brian Siegel and Jason Sullivan represented the landlord in the transaction. Link Logistics is an owner and operator of last-mile industrial real estate, with approximately 500 million square feet of warehouse space across 3,000 properties in North …

Frontier Realty Group, a joint venture between Wharton Realty Group and KSR Capital, announced the acquisition of Miracle Mile Shopping Center in Monroeville, Pennsylvania, for $75.5 million. The deal is the first transaction following the recent launch of Frontier’s national shopping center investment platform. To lead its continued expansion, Frontier has appointed industry veteran Robbie …