Bain Capital, 11North Acquire Five Open-Air Centers in CA, FL, TX and VA National + Retail | May 27, 2026 Connect CRE Seeks Young CRE Talent for 2026 Next Gen Awards Story | April 7, 2026 Q1 2026 Investment Sales Total Shows CRE Market Thawing Out National + Finance | May 28, 2026 FEATURED STORY National CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More National Stories More Stories Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Atlanta & Southeast Stories Portman Targeting Duluth for Mixed-Use Project Atlanta & Southeast + Atlanta + Apartments | May 28, 2026 Portman Holdings is looking at 111.55 acres in Duluth for a mixed-use project. The Atlanta Business Chronicle reports the plan is to build about 1,400 new residential units – including apartments, townhomes and single-family homes – along with approximately 80,000 square feet of commercial space and approximately 100,000 square feet of medical office space. The … Fully-Leased Cookeville Warehouse Sells for $140M Atlanta & Southeast + Southeast + Industrial | May 28, 2026 Tratt Properties paid $140 million for a 1.6 million square foot industrial distributuion facility located at 4500 Academy Road in Cookeville, Tennessee. Fully leased to Academy Sports + Outdoors, Tratt Properties acquired the Class A, build-to-suit site from Middleton Partners. Ken Hedrick, Andrew Ragsdale, Phillip Butts, Jonathan Ameen, Will Smith and Spencer Smith at Colliers … Latest Boston & New England Stories East Lyme Apartment Complexes Land $116M Freddie Mac Financing Boston & New England + New England + Apartments | May 27, 2026 Newmark arranged $115.6 million in financing to refinance The Cove at Gateway Commons and Sound at Gateway Commons, both located in East Lyme, CT. Newmark Capital Markets Strategies managing director Avi Kozlowski secured the financing through Freddie Mac. “We were pleased to help our client secure 10-year fixed-rate financing that supports their long-term objectives, and … Barnat Launches Phase II of Mixed-Income Multifamily Near Beverly MBTA Station Boston & New England + Metro Boston + | May 27, 2026 Barnat Development launched construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. Ten million dollars of Holmes OZ … Connect Conferences: Panel Recap VideosWhether you couldn't make it or just want to revisit the insights, video recordings of all Connect Conferences panel sessions are now available to purchase and view. Hear directly from the industry's top leaders as they discuss trends, challenges, and opportunities shaping the future. Download the videos now!Connect Industrial Midwest 2026$59Learn MoreConnect Retail West 2025$59Learn MoreConnect New York Apartments Investment & Finance 2025$59Learn MoreView All Events Latest California Stories Walmart Pays $223M for Riverside Cold-Storage Facility California + Inland Empire + Industrial | May 28, 2026 Walmart Realty, a subsidiary of Walmart, has acquired a 507,000-square-foot cold storage facility located at 1001 Columbia Ave. in Riverside, for $223 million. Walmart has been leasing the facility since 2010 and will continue to operate it for temperature-controlled distribution. JLL’s Scott Coyle, Peter McWilliams and Tim O’Rourke represented Walmart in the acquisition. Jomar Benoit, Walmart senior manager of industrial real estate, was also … Uncommon Developers Takes Community-Building Approach California + Los Angeles + Apartments | May 27, 2026 Asked what Uncommon Developers seeks to bring about with its mixed-use and multifamily projects, co-founder Ryan Hekmat replied, “job creation.” More broadly, Hekmat told Connect CRE that the goal is to grow the local communities surrounding the projects. “Our focus is to create environments that strengthen communities economically and socially through housing, opportunity, public spaces, and experiences that elevate quality of … Latest Chicago & Midwest Stories Dwight Capital Finances $114M Multifamily HUD Loan in Wisconsin Chicago & Midwest + Midwest + Apartments | May 28, 2026 Dwight Capital has closed a $114 million HUD 221(d)(4) substantial rehabilitation loan for the conversion of 100 East Wisconsin, an existing 34-story office building, into a 373-unit luxury apartment community. Strategically positioned at the heart of Milwaukee’s downtown central business district along the Milwaukee River, 100 East Wisconsin is currently the state’s third-tallest building and … Keystone Group Acquires Sheraton Indianapolis City Centre Chicago & Midwest + Midwest + Hospitality | May 27, 2026 Keystone Group has acquired the 378-room Sheraton Indianapolis City Centre Hotel located in downtown Indianapolis’ Monument Circle at 31 W. Ohio Street. The company plans to transform the property into the Renaissance Indianapolis. Keystone Group plans to introduce a multi-phase series of enhancements to the property, including upgraded ballrooms and event spaces, a reinvented grand … Latest Developers of the Year Stories JPI Starts Work on 5th Texas Project This Year Texas + Dallas-Fort Worth + Developers of the Year + Apartments | November 14, 2025 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 Secures $565M Loan for Brickell Residences Florida & Gulf Coast + Developers of the Year + South Florida + Apartments | November 4, 2025 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 … Latest Florida & Gulf Coast Stories Florida People & Companies, May 29, 2026 Florida & Gulf Coast + Florida + Office | May 28, 2026 W. Palm Beach Developer Eyeing 25-Story Apartment Tower Florida & Gulf Coast + South Florida + Apartments | May 28, 2026 Developer Jeff Greene is making a pitch to build a 399-unit, mixed-income apartment complex in West Palm Beach. The project would also include 7,557 square feet of retail. The S. Florida Business Journal reports Greene wants to incorporate a pre-fabricated mass timber system. The nearly one-acre site would be at 120 S. Dixie Highway. It … Latest Global Stories DigitalBridge Group to Acquire ArcLight Capital for $1B National + Global + Digital Infrastructure | May 27, 2026 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 … Marriott, Aimbridge, Grupo Satli Team for 980-Key Riviera Maya Resort Global + Hospitality | May 26, 2026 Grupo Satli, together with Marriott International and Aimbridge Hospitality, has launched an international project in Riviera Maya (Mexico), further strengthening the positioning of the three companies in the all-inclusive resort segment. The 980-key resort will be developed by Grupo Satli and operated by Aimbridge’s specialized All-Inclusive Division. The property is expected to initially operate as … Latest National Stories Q1 2026 Investment Sales Total Shows CRE Market Thawing Out National + Finance | May 28, 2026 First-quarter 2026 U.S. commercial real estate investment sales volume reached $112.6 billion, providing the clearest evidence yet that the two-year freeze is thawing, Avison Young reported. The figure represents an 18% year-over-year increase, putting volume back in line with 2017-2018 levels. Apartments represented the largest segment of Q1 sales volume with $32.1 billion in closed … DigitalBridge Group to Acquire ArcLight Capital for $1B National + Global + Digital Infrastructure | May 27, 2026 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 … Latest New York & Tri-State Stories Northwind Forges Institutional Capital Partnership with ATLAS SP New York & Tri-State + Midtown New York + Finance | May 28, 2026 Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, has formed a $300-million institutional capital partnership with ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds. The partnership provides Northwind Debt Fund III with access to a lower cost of capital. The arrangement is expected … Lee NYC Tapped as Leasing Agent for Retail at Seward Park Cooperative New York & Tri-State + Downtown New York + Retail | May 27, 2026 Lee & Associates NYC has been selected as leasing agent for the retail portfolio at Seward Park Cooperative, one of the largest privately held residential properties in Lower Manhattan. Under the multi-year assignment, Lee & Associates NYC will oversee leasing strategy and retail representation for approximately 25 retail spaces spanning more than 50,000 square feet for the cooperative … Latest Phoenix & Southwest Stories Empire Group Starts Work on $170M Phoenix Apartment Tower Phoenix & Southwest + Phoenix + Apartments | May 27, 2026 Empire Group of Cos. has closed on a $131.2 million financing package and broken ground on The Whitney. The Phoenix Business Journal reports total development costs for the 24-story tower at the southwest corner of Central Avenue and McDowell Road in Phoenix are estimated at around $170 million. Financing includes an $84.7 million senior loan … Lovett Building 1.1M-SF Glendale Warehouse Venture Phoenix & Southwest + Phoenix + Industrial | May 27, 2026 Lovett Industrial, in partnership with Peakline Real Estate Funds, broke ground on North Park Logistics Center, a 1,140,584-square-foot Class A cross-dock facility being developed on approximately 55.68 acres in Glendale, Arizona. The project is being developed on a speculative basis to accommodate a broad range of modern distribution users. Delivery is anticipated in Q2 2027. The development … Latest Seattle & Northwest Stories Nobu Restaurant, Residences to Debut in Bellevue Seattle & Northwest + Seattle + Apartments | May 28, 2026 Luxury lifestyle brand Nobu announced it will rebrand two luxury residential towers in downtown Bellevue as Nobu Bellevue Residences, marking the first occupancy-ready Nobu-branded residential development in the United States. Owned by Silverstein Properties, the project introduces a new hospitality-led residential offering being sold by Polaris Pacific as the sales agent for Silverstein. Located in the heart of … Norris & Stevens Brokers Office Lease Renewal, Expansion in Vancouver Seattle & Northwest + Washington + Office | May 27, 2026 Sunsteel LLC recently completed the $1,616,779 lease renewal and expansion of Suite 147 at Stonemill Business Park – Building A, located at 312 SE Stonemill Dr in Vancouver, Washington. As a national steel fabricator and structural engineering firm, SunSteel LLC has renewed and expanded its corporate headquarters at Stonemill Business Park. The company now occupies … Latest Texas Stories Sugar Land Developer Reveals Groundbreaking Date for Office-to-Hotel Conversion Texas + Houston-Galveston + Hospitality | May 28, 2026 On June 4, SLTX Capital plans to begin working to transform the century-old Scanlan building at 405 Main St. downtown into a 140-room hotel with an accompanying restaurant and bar. The hotel will be called Canopy by Hilton Houston Downtown. The project is expected to cost at least $12 million. The Houston Business Journal reports SLTX Capital … Formation Moving Forward on $130M McKinney Warehouse Site Texas + Dallas-Fort Worth + Industrial | May 28, 2026 Formation has closed on the purchase of 118 acres in McKinney, TX, for a future 715,000-square-foot corporate campus to be named The Gateway at Formation Park (“The Gateway”). Located at the intersection of Laud Howell Pkwy and Hwy 75, The Gateway will consist of six buildings. The Dallas Business Journal reports the company expects to begin … Latest Transactions of the Year Stories OKO-Led Team Closes On Record Brickell Acquisition Florida & Gulf Coast + South Florida + Transactions of the Year + Apartments | January 2, 2026 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 … Latest Washington DC & Mid-Atlantic Stories MAG Capital Partners Acquires 362K-SF Manufacturing HQ in Virginia Washington DC & Mid-Atlantic + Virginia + Industrial | May 27, 2026 MAG Capital Partners has acquired a 362,235-square-foot headquarters and manufacturing facility in a sale-leaseback with Musser Biomass and Wood Company, an established operator in the wood fiber industry for 60 years. The 41.74-acre site at 200 Shoal Ridge Drive in Rural Retreat, Virginia, is minutes from Interstate 81 and near Interstate 77. “The property’s strategic … H Mart-Anchored Shopping Center in Northern Virginia Trades for $10M Washington DC & Mid-Atlantic + DC Metro + Retail | May 27, 2026 Marcus & Millichap arranged the sale of the ground-leased interest in Manassas Junction, a grocery-anchored shopping center located in Virginia. The asset sold for $10.22 million. “This was a unique transaction as a land-lease sale,” said Dean Zang, executive managing director at Marcus & Millichap in Washington, D.C., who led the transaction. “There was not … Latest Stories FromCapital Rotates Inside Alts as Credit Fundraising SlumpsAlternative Assets | May 28, 2026Alternative investment fundraising totaled approximately $11.8 billion in April 2026, declining 33% from April 2025 and nearly 25% from March 2026, as a sharp contraction in credit strategies masked relative resilience elsewhere in the market, according to investment banking and research firm Robert A. Stanger & Company. Through the first four months of 2026, total ...LSL CPAs Adopts Fieldguide AI Platform to Modernize Audit WorkflowsFinancial Advisory | May 27, 2026LSL CPAs has selected Fieldguide to modernize its financial audit practice, signaling continued momentum for AI-driven transformation across the accounting sector. LSL will implement Fieldguide’s end-to-end engagement platform across its audit workflows, consolidating planning, client collaboration, testing and reporting into a unified system. The platform leverages embedded AI agents to automate time-intensive processes while maintaining ...Stephens Group Exits IMA Stake in $4B Recap DealFinancial Advisory | May 27, 2026Private investment firm The Stephens Group, LLC has exited its investment in IMA Financial Group, Inc. following the completion of an equity recapitalization that values the Denver-based insurance brokerage at $4 billion. Oak Hill Capital and New Mountain Capital are each taking minority positions, joined by HarbourVest and a group of institutional co-investors. IMA employees ...PGIM, Domain Real Estate Partners Surpass $4B in U.S. Land Banking DealsAlternative Assets | May 27, 2026PGIM, the asset management arm of Prudential Financial, and Domain Real Estate Partners have surpassed $4 billion in funding through a series of residential land banking transactions designed to deliver alternative capital solutions to U.S. homebuilders. The partnership has completed seven residential land bank deals, providing nonbank financing to national homebuilders during a period of ...
