National

Merus unveiled the first conceptual renderings for the future retail district at its $450 million Rivergate redevelopment.  The release marks the next step in transforming the former RiverGate Mall site into a walkable, mixed-use district that will bring together housing, retail, dining, public gathering space, and new infrastructure across 57 acres in the Rivergate corridor.  …

The round, 19-story structure on Hillsborough Street will officially reopen as Hotel Indigo Raleigh in October 2026. Following a $36 million renovation, the onetime Holiday Inn will transform into a boutique hotel, designed for both business and leisure travelers. Originally built in 1969, the longtime downtown landmark was acquired by Tidal Real Estate Partners in …

JLL’s Hotels & Hospitality Group finalized the sale of The Centennial Hotel, a 32-room Victorian-era boutique hotel located at 96 Pleasant St.t in downtown Concord, New Hampshire’s capital city. Senior managing director Alan Suzuki represented the seller, Sparta Properties, with John Linell serving as JLL’s New Hampshire broker of record for the transaction. Lord Hotels acquired …

The Healey-Driscoll Administration announced $15 million in Momentum Fund financing to advance three mixed-income housing developments that will create 192 new rental homes in Milton, Middleton and Newburyport. The projects, which have already received local approvals, will use the financing to move into construction quicker. MassHousing is administering the financing. It includes $2.5 million for the Residences at Quarry Hills …

Marcus & Millichap Capital Corporation (MMCC) arranged $5.7 million in financing for a 48,954-square-foot office property located at 9221 Corbin Ave. in the Northridge neighborhood of Los Angeles. Dean Giannakopoulos, senior managing director in MMCC’s Chicago office, secured the three-year loan at 65% loan-to-value through a regional bank on behalf of a private client. Additional terms …

CBRE arranged the $45-million sale and financing of 2081 Faraday Ave., a 157,973-square-foot industrial corporate headquarters property in Carlsbad. Majestic Asset Management acquired the fully leased asset following its recent $235-million disposition in Goleta.  Hunter Rowe, Barbara Perrier, Michael Longo and Matt Carlson of CBRE represented the seller, a real estate investment and management company. Val Achtemeier secured financing for the buyer.  Leasing …

Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The transaction adds 12 healthcare, office, and industrial tenant advisory team members and a broad property management portfolio, bolstering the firm’s service offerings and Midwest market presence. Established in 2021 through the merger of Excelsior Advisory and Paramount …

Chicago-based developer, Focus, announced the recent structural completion at 1221 W. Washington Blvd., a new mixed-use tower in Chicago’s Fulton Market neighborhood. Focus is also serving as the general contractor for the project. Designed by Pappageorge Haymes, the 19-story, 286,232-square-foot luxury development features a concrete podium with a brick façade, topped by a glass curtain …

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 …

Avalon Bay Communities purchased a full city block in South Miami, clearing the way for a mixed-use community. AvalonBay acquired the approximately 1.18-acre site from longtime owner Robins Plaza for a base purchase price of $22 million in an off-market transaction. Cushman & Wakefield’s Virgilio Fernandez represented AvalonBay Communities in the transaction. Avalon Bay’s newest …

Redfearn Capital sold a 363,000 square foot warehouse at 12751 Gran Bay Parkway in Jacksonville, Florida, for $37.3 million. The sale comes less than two years after the property was acquired from Brookfield for $27.2 million in August 2024. The buyer is G3 Enterprises, Inc. The warehouse is fully leased to Saddle Creek Logistics, which has …

Artificial intelligence infrastructure startup Nscale Global Holdings has closed a $900-million revolving credit facility to accelerate its AI data center build-out and capital deployment across the U.S., Europe and Asia Pacific The facility was syndicated across a group of banks including J.P. Morgan, Goldman Sachs, Morgan Stanley, MUFG, RBC Capital Markets, Bank of America, Crédit …

Accounting giant PwC has agreed to lease approximately 350,000 square feet at One Eden, a redevelopment of an office property currently known as 33 Canada Square at CWG’s Canary Wharf mixed-use complex in London. Currently occupied by Citigroup’s EMEA headquarters, the space will be redeveloped in advance of PwC’s arrival. The new space will address …

Despite persistent uncertainty surrounding inflation, gasoline prices and politics, economist Peter Linneman believes the U.S. economy remains on solid footing. During the July 8 Walker Webcast, Linneman told host Willy Walker, Chairman and CEO of Walker & Dunlop, that the economy could be performing even better if businesses and consumers had greater confidence. “Could the …

Adoption of artificial intelligence by institutional real estate investors is widespread, yet AI’s impact on decision-making is minimal. That’s according to Dealpath’s 2026 State of AI in CRE Investing survey, which found a gap between AI adoption and measurable returns. Ninety-seven percent of the professionals surveyed by Dealpath said AI is integrated into their firm’s investment process. …

United American Land, together with partners The Jackson Group and Dreamscape Retail & Entertainment, has unveiled plans for BKX, a redevelopment of the former Macy’s building at 422 Fulton St. into one of New York City’s largest and most ambitious retail developments. Spanning approximately 440,000 square feet across five levels, BKX will represent the largest …

Lee & Associates NYC has completed the $7.5-million acquisition of a 2.84-acre development site at 374 Atlantic Ave. in Oceanside, NY on behalf of Sunrise Senior Living, concluding a transaction that spanned nearly nine years. Kelly Koukou, executive managing director and principal at Lee NYC, represented Sunrise Senior Living. Marlon Matza of Strategic Realty Advisors represented the sellers, Grossman Nurseries and Breslin …

Tailwind Investment Group offloaded Rise at the Northern, a 108-unit apartment community at 17840. N. Black Canyon Highway in far north Phoenix. Rise48 Equity paid $21.7 million for the multifamily venture. Rise48 Equity pre-empted the offer process and submitted a full-price offer with a non-refundable deposit on Day 1. Northmarq’s Phoenix Investment Sales (IS) team of Jesse Hudson, Chris …

Livmark Properties obtained a $115.5 million construction loan for Collins at Union Park, a 457-unit luxury multifamily community in Fort Collins, Colorado. The debt, arranged by Concord Summit Capital, was structured on a non-recourse basis with an 88% loan-to-cost ratio. Collins at Union Park is a thoughtfully designed residential development featuring upscale apartments and carriage homes. Planned …

Greysteel announced the appointment of Jakob Nicholls as Managing Director, Northwest Capital Markets. Based in Seattle, Nicholls will lead the build-out of Greysteel’s dedicated platform for office and industrial investment sales and capital markets execution across the Northwest, including the Seattle and Portland metropolitan areas and surrounding regions. Nicholls joins Greysteel from Newmark, where he …

Industrial Realty Group announced the completion of major renovations at Santiam Industrial Center, a more than 528,000-square-foot industrial campus located at 930 W. Washington Street in Stayton, Oregon. The transformation has repositioned the former food processing facility into a modern multi-tenant industrial and manufacturing facility designed to accommodate, including manufacturing, food production, cold storage, warehousing …

The Langley, a 20-story residential high-rise developed by StreetLights Residential and Hunt Real Estate, has completed construction at the intersection of Houston’s historic Boulevard Oaks and Southampton neighborhoods. Located at 1717 Bissonnet Street near Rice University, The Langley features 134 luxury residences for lease. Two- and three-bedroom homes range from approximately 2,165 to 3,396 square …

Texas Southern University in Houston has launched a Campus Master Plan that establishes a framework for future campus development. The plan outlines an approximately $1.7 billion campus investment and more than 20 phased projects over the next decade. It aligns future capital investments with the University’s strategic priorities. The Master Plan identifies a series of …

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 …

Sauer Properties, Inc. has named Hoffman & Associates as the development partner for the next phase of The Sauer Center. This next phase of the project advances the continued evolution of the Sauer family’s 37-acre master-planned district connecting the West Broad Street Corridor from the Fan District to downtown with amenities, offices, retail, and housing. …

Colliers announced that it has moved its D.C. headquarters to 1919 Pennsylvania Avenue, NW. The new office occupies more than 18,000 square feet in the heart of the city with direct access to the Metro, nearby amenities, and major commercial corridors. The space is designed to bring teams together while providing flexible areas for collaboration, …