DigitalBridge Group to Acquire ArcLight Capital for $1B National + Global + Digital Infrastructure | May 27, 2026 Connect CRE Seeks Young CRE Talent for 2026 Next Gen Awards Story | April 7, 2026 Bain Capital, 11North Acquire Five Open-Air Centers in CA, FL, TX and VA National + Retail | May 27, 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 Belgravia Converting Former Wake Forest Classrooms to Mixed-Use Project Atlanta & Southeast + Carolinas + Apartments | May 27, 2026 Belgravia Management has chosen developer Revival Partners to convert 200 North College, a five-story, 458,169-square-foot building at 200 N. College St., into a mix of uses. The Triad Business Journal reports plans call for 290 apartment units and 50,000 square feet of ground-floor retail, restaurant and commercial space. Construction will begin this summer with delivery … Red Oak Adds Key Executive to Charlotte Office Atlanta & Southeast + Carolinas + Office | May 27, 2026 Red Oak Capital Holdings has brought on Jeff Pirhalla as Managing Director, Production. Based in the firm’s Charlotte headquarters, he will lead loan origination strategy and production initiatives for the firm’s lending platform. Pirhalla will report to Chief Credit Officer Matthew Webster and work closely with Chief Executive Officer Gary Bechtel. Bringing more than 25 … 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 Slatt Capital Arranges Acquisition Loan for Rohnert Park Hospitality Assets California + Bay Area + Hospitality | May 27, 2026 Slatt Capital arranged $12,060,000 in acquisition financing for a two-property, 200-unit hospitality portfolio in Rohnert Park. The portfolio includes the Budget Inn and the Rodeway Inn, both established hospitality assets built in 1984. The full-recourse permanent debt financing was provided by Commercial Bank of California. Assistant VP Daniel Yeghiazarian led the transaction. The financing was … PEF Advisors, Freestone Capital Form JV to Recapitalize Affordable Properties California + Orange County + Apartments | May 27, 2026 Preservation Equity Fund Advisors, an affiliate of the WNC family of companies, has formed a joint venture with Freestone Capital, a Seattle-based wealth advisory and asset management firm. The JV focuses on the long-term ownership and preservation of affordable housing communities. The JV includes four multifamily assets acquired through WNC California Preservation Equity Fund, L.P., … Latest Chicago & Midwest Stories 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 … JLL, CORG Management Group Form Joint Venture Chicago & Midwest + Downtown + Office | May 27, 2026 JLL and CORG Management Group have formed a joint venture to deliver integrated facilities management and project management services to public sector institutions. The two companies created a U.S.-based limited liability company, JLL-CORG, LLC, which will provide access to resources, industry-specific expertise, technologies, best practices and enhanced service offerings from both JLL and CORG. Together, … 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 Tampa Developer Razing Office Building, Condos/Hotel Rooms on Way Florida & Gulf Coast + Gulf Coast + Apartments | May 27, 2026 Stock Development began demolition of the office building at 601 N. Ashley Drive to build a 40-50-story, luxury condominium tower that will also include hotel rooms. The Tampa Bay Business Journal reports the company paid $40 million for the property in 2025. The site was the former GTE Building (also known historically as the Wallace Stovall Tampa … Daytona Beach Okays Massive Avalon Park Group Development Florida & Gulf Coast + Central Florida + Apartments | May 27, 2026 The Daytona Beach City Commission approved rezoning 2,760 acres of vacant land for the Avalon Park Daytona Beach planned development. The development will feature 8,818 residential units and 1,091,150 square feet of commercial and non-residential space. The residential units at the new development will consist of a mix of single-family units, townhomes and apartments. The … 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 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 … Bain Capital, 11North Acquire Five Open-Air Centers in CA, FL, TX and VA National + Retail | May 27, 2026 Bain Capital and 11North Partners said Wednesday they had acquired five open-air retail centers located across California, Virginia, Florida, and Texas for approximately $300 million. The private transactions were executed through a joint venture between Bain Capital Real Estate and 11North focused on high-quality open-air retail centers throughout the U.S. and Canada and across the … Latest New York & Tri-State Stories Comptroller Levine Warns of Possible AI Disruption to NYC Economy New York & Tri-State + Downtown New York + Digital Infrastructure | May 27, 2026 New York City Comptroller Mark Levine reported that the possible impacts artificial intelligence (AI) could have on New York City’s economy range from boom to bust, providing the first local assessment of how the rapidly advancing technology could profoundly impact jobs, wages, tax revenue, and key industries. He called on the city to boost its rainy-day fund to 16% of tax revenues. The five scenarios Levine proposed are based on Moody’s Analytics reports and on original … Gastropub Operator Chooses NoMad for Fifth Manhattan Location New York & Tri-State + Downtown New York + Retail | May 26, 2026 Newmark Retail arranged a 13,900-square-foot lease for Stout NYC at 373 Park Ave. South in Manhattan’s NoMad neighborhood. The transaction marks the gastropub operator’s fifth Manhattan location and first on Park Avenue South. Executive vice chairman Ariel Schuster, senior managing director Michael Paster and associate Jenna Kestan represented ownership, a joint venture between Olmstead Properties and Vertex, alongside in-house representatives Steven Marvin and Jonathan Bock. Henry Rossignol … 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 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 … Portland Thorns, Fire Owners Expand Hillsboro Office Footprint with New HQ Seattle & Northwest + Portland + Office | May 27, 2026 RAJ Sports, the sports investment platform for the owners of the NWSL’s Portland Thorns FC and the Portland Fire WNBA franchise, signed a long-term lease expansion for its headquarters at 8760 NE Evergreen Parkway in Hillsboro, Oregon. The additional lease comes 14 months after a 15-year lease agreement was signed with RAJ Sports for two … Latest Texas Stories Ricchi to Auction Off Dallas Highrise Texas + Dallas-Fort Worth + Office | May 27, 2026 Ricchi Group is auctioning off its office tower at 1111 Mockingbird Lane in Dallas. Ricchi has owned the 15-story building since 2012. Formerly known as Regions Tower, it is listed on LoopNet by Younger Partners with an online auction set for June 22-24. The starting bid is $2.75 million. The Dallas Business Journal reports the building … Rowan Closes on 3rd Temple Data Center Deal Texas + Austin + Digital Infrastructure | May 27, 2026 Rowan Digital secured $3 billion in debt financing to help build a 300-megawatt data center campus in Temple. It’s the first of three planned data center campuses in the town north of Austin. The company earlier this year broke ground on the 707-acre campus. It’s located northeast of the intersection of Bob White Road and Lorraine Avenue. The … 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 FromLSL 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 ...Barings Closes $19B Global Direct Lending RaiseAlternative Assets | May 27, 2026Barings has closed more than $19 billion in commitments for its Global Direct Lending strategy, wrapping up a two-year fundraising period during which the firm deployed over $18 billion across 355 transactions. The close brings assets managed by Barings’ Global Private Finance platform to more than $67 billion, backed by capital from institutional investors, insurance ...
