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London-based private equity firm Bridgepoint Group said Monday it has agreed to acquire Kayne Anderson Real Estate (KARE) from Kayne Anderson Capital Advisors in a cash-and-stock deal valued at $1.393 billion. The acquisition marks a major step forward for Bridgepoint in establishing its U.S. real estate presence. Headquartered in Boca Raton, FL, KARE has approximately ... The post Bridgepoint to Acquire Kayne Anderson Real Estate in U.S. CRE Push appeared first on Connect CRE.
Newmark has arranged a new 169,664-square-foot lease on behalf of affiliates of Harbor Group International (HGI), at 51 W. 52nd St., bringing the iconic Midtown Manhattan office tower to full occupancy. International law firm Alston & Bird LLP has signed a 15-year lease and will relocate its New York offices from 90 Park Ave. Executive vice ... The post Alston & Bird Relocates NYC Offices to 51W52 in 170K-SF Lease appeared first on Connect CRE.
Walker & Dunlop has arranged a $46-million refinance loan for Rosemead Place, a prominent retail center in Rosemead. The Walker & Dunlop Capital Markets Real Estate Finance team led by Trevor Fase and Lynn Pearson secured the fixed-rate, interest-only permanent debt loan provided by Joel Minugh and James Ko of Wells Fargo on behalf of a family office. Located at the intersection of I-10 ... The post Walker & Dunlop Arranges Wells Fargo Refi for Rosemead Center appeared first on Connect CRE.
Marcus & Millichap finalized the sale of a net-leased bank property occupied by the headquarters and flagship branch of Ponce Bank, located at 2244 Westchester Ave. in the Bronx. The asset sold for $16,250,000. “This property drew tremendous interest as it was a true management-free NNN investment with annual increases,” said Steven Siegel of Marcus & ... The post Bronx Bank’s Flagship Branch Goes for $16M in 1031 Exchange appeared first on Connect CRE.
Progressive Real Estate Partners has closed the $6-million, off-market acquisition of Allmark Plaza, 16,926-square-foot multi-tenant unanchored neighborhood retail center located at 10060-10080 Arrow Route in Rancho Cucamonga, to an Orange County-based private investor. VP of investment sales Lance Mordachini and VP of retail leasing and sales Monica Dal Bianco-West represented the buyer. The seller, Allmark ... The post Rancho Cucamonga Neighborhood Retail Sells for $6M Off-Market appeared first on Connect CRE.
Benmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ. The financing was secured by Ania Management, led by Founder and CEO Charles Florio. The transaction was arranged by Marc Waldman of Kentmoore Capital. Comprising 203 residential units and six commercial units across 22 multifamily and mixed-use buildings, the ... The post 22-Property NJ Workforce Portfolio Refinanced for $38M appeared first on Connect CRE.
Lee & Associates has closed two industrial leases in the Western Chicago suburbs totaling 131,417 square feet. Sean Austin, Principal at Lee & Associates of Illinois, represented the tenant, Nuvomed, Inc., a company that develops and sells affordable health and wellness products, on their new lease of 54,087 square feet at 200 Fencl Lane, Hillside, ... The post Lee & Associates Closes Suburban Chicago Industrial Leases appeared first on Connect CRE.
Barnes & Noble announced the opening of its new bookstore in Oak Park, Illinois The new location is the third new store to open in the Chicagoland area this year and will soon be joined by a fourth, opening on State Street in Downtown Chicago later this summer. The new Barnes & Noble occupies the ... The post Barnes & Noble Opens New Store in Oak Park appeared first on Connect CRE.
Law firm Shipman & Goodwin LLP (Shipman) announced today that it will relocate its Hartford office to LAZ investments’ Gold Building at One Financial Plaza in the latter half of 2027. The three-floor space spans approximately 70,000 square feet and will house 250 employees. “Our future move to the Gold Building reflects more than a new office location—it represents a continued ... The post Law Firm Shipman & Goodwin Relocates to Hartford’s Gold Building appeared first on Connect CRE.
CBRE has arranged the sale of a 380,000-square-foot industrial distribution facility located at 1 Modern Way in Trotwood, Ohio. Viking Partners purchased the property from Stratacache, Inc. for $18 million. CBRE’s Will Roberts, Steve Timmel and Doug Whitten represented the seller in the transaction. “With its strategic location and competitive package of amenities, 1 Modern ... The post CBRE Arranges $18M Sale of 380K-SF Ohio Industrial Facility appeared first on Connect CRE.
Broadshore Capital Partners, LLC closed on a $53.2-million floating-rate senior bridge loan secured by Monroe North Park, a newly delivered 137-unit Class A multifamily community located at 3090 Polk Ave. in the North Park neighborhood of San Diego. The loan was completed in partnership with an institutional investor with whom Broadshore maintains an active lending ... The post New-Construction San Diego Apartments Score $53M Bridge Loan appeared first on Connect CRE.
In the recent Cushman & Wakefield report “Vital Signs,” authors Sandy Romero (Head of Office & Alternatives) and Lorie Damon (Executive Managing Director, Healthcare Advisory Practice) said that the U.S. medical office building (MOB) sector is continuing its strong momentum. Romero and Damon told Connect CRE that the mid-year report held few surprises. At the ... The post Multiple Factors Drive MOB Growth appeared first on Connect CRE.
The general narrative about commercial real estate and inflation is that the former tends to be a hedge against the latter. Real estate often maintains or increases in value during periods of inflation. Furthermore, leases with built-in rent increases are likely to generate a decent rate of return. However, commercial real estate involves more than ... The post Is CRE Truly an Inflation Hedge? appeared first on Connect CRE.
The multifamily sector is seeing investment competition return, as sellers adjust pricing expectations and buyers show steadier interest. Our expert panel on navigating capital flow and deal dynamics at Connect Midwest Multifamily Trends 2026 discussed strategies for securing financing and managing loan maturities. Industry leaders shared their acquisition strategies for underwriting deals, identifying distress and ... The post Connect Midwest Multifamily Trends 2026: Navigating Capital Flow & Deal Dynamics appeared first on Connect CRE.
Cresa announced that Julie Northcutt-Dunn joined as president, markets, a newly created executive role focused on driving growth across Cresa’s market operations through strategic planning, operational excellence and organic growth initiatives. She will be based in Cresa’s Chicago headquarters. Northcutt-Dunn joins from Colliers, where she was recently executive managing director, overseeing Chicago, Indianapolis, Kansas City, ... The post Chicago/Midwest People & Company News, week of June 26, 2026 appeared first on Connect CRE.
On June 23, 2016, citizens turned out in a national referendum to decide whether the United Kingdom should withdraw from the European Union. After the dust settled, 51.89% voted in favor of departing, while 48.11% voted to “Remain.” By December 2020, the UK officially left the EU. Ten years after the highly contentious vote that ... The post Report: Has Brexit Been a Boon to the UK? appeared first on Connect CRE.
The post New York People and Company News, Week of June 26, 2026 appeared first on Connect CRE.
Marcus & Millichap said Thursday that Thomas Gorman has been appointed senior managing director and leader of its national net lease division. In the newly created role, Gorman will oversee the ongoing growth of the national net lease division, partner with agents to strengthen existing industry relationships, and untap strategic growth opportunities. “Thomas is a proven leader and accomplished ... The post Marcus & Millichap Names National Lead for Net Lease Division appeared first on Connect CRE.
The Public Buildings Reform Board has identified several federal properties in the Greater Washington area for potential sale or redevelopment as part of ongoing efforts to shed millions of square feet of underutilized office space nationwide. Specific properties eyed for disposition in the D.C. region include Columbia Plaza, a 713,411-square-foot office building located at 2401 E St. ... The post Additional Washington Federal Properties Identified for Potential Sale appeared first on Connect CRE.
Tishman Speyer’s TS Communities has secured financing and will soon begin construction on its third apartment building at Edgemere Commons in Far Rockaway, Queens, the 100% affordable residential neighborhood the firm is developing in partnership with New York City and New York State housing agencies. The 17-story Edgemere Commons B2 will incorporate 300 apartments and 6,000 square feet ... The post Tishman Speyer’s TS Communities Lines Up Funds for Next Phase of Edgemere Commons appeared first on Connect CRE.
The post California People and Company News, Week of June 26, 2026 appeared first on Connect CRE.
Woodmont Industrial Partners, in partnership with Sagard Real Estate, has broken ground on the redevelopment of a 25-acre industrial site at 349 & 389 New Brunswick Ave. in Rahway, NJ. The project will replace an obsolete 212,000-square-foot facility with two state-of-the-art, Class-A warehouse buildings. The first building will offer 201,000 square feet of warehouse space ... The post Woodmont, Sagard Launch Redevelopment of Rahway Industrial Site appeared first on Connect CRE.
After its closure in May, the campus of Anna Maria College in Paxton, MA has been listed for sale, with Worcester-based Kelleher & Sadowsky Associates selected as the property’s listing broker, the Worcester Business Journal reported. Located at 50 Sunset Ln., the campus spans more than 260 acres and could support several future uses, said Will Kelleher IV, ... The post Anna Maria College Campus in Central MA Listed for Sale appeared first on Connect CRE.
SoHo has emerged as the nation’s most active trophy retail market, according to Adirondack Capital Partners’ (ACP) latest U.S. High Street Retail Capital Markets Report. Drawing on transaction activity tracked during the firm’s most recent reporting period, ACP found that SoHo accounted for 43% of all trophy retail transactions nationwide, underscoring a broader shift toward quality and ... The post SoHo Leads U.S. in Trophy Retail Transactions appeared first on Connect CRE.
C&C Development, in partnership with Riverside Charitable Corporation, announced the opening of Cartwright Family Apartments, a 60-unit affordable housing community on 1.6 acres at 17861 Cartwright Rd. in the Irvine Business Complex. The community is for households earning between 30% and 80% of the Orange County area median income (AMI), with a portion of units set aside for ... The post C&C Development Opens Affordable Housing in Irvine appeared first on Connect CRE.
Sky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, has topped out construction on 260 E. 72nd St. on Manhattan’s Upper East Side. The 60-unit condominium project is Sky Equity’s first condo development in Manhattan. Sales are scheduled to launch this fall and will be handled by Douglas Elluman Development Marketing. “This ... The post Sky Equity Tops Out on Upper East Side Condos appeared first on Connect CRE.
Sea Breeze Properties, joined by civic and business leaders, residents, and community members, recently celebrated the grand opening of 222 North City, a new residential project at the center of San Marcos’ evolving North City district. Designed by Safdie Rabines Architects, the 12-story community combines contemporary architecture, hospitality-inspired living, public art, and community-driven design. “We ... The post Sea Breeze Properties Opens Rental Project in San Marcos’ North City District appeared first on Connect CRE.
Greystone has provided a $47,250,000 HUD/FHA-insured loan for The View at Middlesex, a 200-unit multifamily community in Middlesex, NJ. The financing was originated by John Williams, Drew Fletcher and Bryan Grover. The property was developed by Forte Real Estate Development, a vertically integrated real estate development, investment management, and operations firm. Since 2006, Forte has developed ... The post Greystone Provides HUD/FHA Loan for Central NJ Multifamily appeared first on Connect CRE.
A proposed ballot measure to reintroduce rent control to Massachusetts will not go before voters this fall following a Supreme Judicial Court ruling that the law would be unconstitutional, reported the Boston Business Journal. The potential ballot question failed to advance to voters because of an exemption for religious institutions. A ballot question would have ... The post Massachusetts Rent-Control Ballot Measure Struck Down by Court Ruling appeared first on Connect CRE.
Ground lease REIT Safehold Inc. has closed on a $45-million ground lease for the development of an affordable housing community in the Soquel area of Santa Cruz. The project will be developed by The Pacific Companies, a prolific development firm and repeat Safehold customer. “This is a high-quality, large-scale community in a high-cost coastal submarket ... The post Safehold Closes on Ground Lease for Santa Cruz Development appeared first on Connect CRE.
CBRE has arranged the sale of a two-building, 142,400-square-foot industrial portfolio located in Beavercreek, Ohio. The portfolio was purchased from 2060 Heller LLC and 2070 Heller LLC for $12.5 million. CBRE’s Steve Timmel and Will Roberts represented the seller in the transaction. “The sale of this portfolio is a demonstration of the sustained investor demand ... The post CBRE Arranges $13M Sale of Industrial Portfolio in Ohio appeared first on Connect CRE.
Colliers announced a new partnership with the Medical Society of the District of Columbia (MSDC). Together, the organizations will collaborate to directly support the needs of Washington-area physicians. The partnership with Colliers brings specialized expertise as MSDC’s recommended real estate resource, helping doctors navigate office space and practice operations. With a portfolio of medical tenants, ... The post Colliers Partners With Medical Society of DC as Real Estate Resource appeared first on Connect CRE.
Rapid data center growth has introduced credit risks for governments because of their heavy demands for electricity and water, Moody’s Ratings reported Wednesday. In response, states and local governments are reconsidering tax incentives, strengthening developmental review, and proposing moratoriums. At least 14 states have considered or are considering statewide moratoriums in 2026, according to the National Conference ... The post Moody’s: Data Center Growth Heightens Credit Risks for Governments appeared first on Connect CRE.
The U.S. House of Representatives has passed the 21st Century ROAD to Housing Act by a vote of 358-52, following passage by the Senate on Monday by an 85-5 vote. President Trump is expected to sign the measure into law as soon as Wednesday. As passed by both houses of Congress, the Act still includes ... The post Congress Passes ROAD to Housing Act; President Expected to Sign into Law appeared first on Connect CRE.
Trident Capital Group announced a series of transactions and developments across the Columbus region, adding approximately 1.94 million square feet of industrial space to its growing Midwest portfolio. A 191,077-square-foot industrial facility was delivered in 2025 and is 100% leased to three tenants. Trident is currently constructing the second phase of the development, which will ... The post Trident Capital Group Expands Industrial Portfolio by 2 M SF in Ohio appeared first on Connect CRE.
The Moinian Group,has signed 70,000 square feet of new leases at 60 Madison Ave. in Midtown South with Foundational Labs, Inc. d/b/a Pace, GovWell Technologies, Inc., The Full Picture, LLC and Tenex Labs, LLC. Gregg Rothkin, Hayden Pascal, Jared London, Taylor Walker and Keegan Schenk from CBRE represented ownership in all transactions. “60 Madison Ave., with its prime ... The post Moinian Group Secures Quartet of Leases in Midtown South appeared first on Connect CRE.
Cityview, a vertically integrated real estate investment manager specializing in multifamily, and Stockbridge, a private equity real estate investment management firm, recently celebrated the grand opening of Apollo – a 265-unit multifamily community in Los Angeles’ South Bay. Project partners, city officials, and Gardena Mayor Cerda joined the Cityview and Stockbridge teams to mark the milestone. “Apollo is ... The post Cityview, Stockbridge Cut Ribbon on Gardena Multifamily appeared first on Connect CRE.
The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today announced that Jonathan L. Mechanic, Chairman of Fried Frank’s Real Estate Department, has been elected to serve as the next Chair of REBNY. Mechanic will succeed current Chair Jed Walentas, Chairman and CEO of Two Trees Management, and begin ... The post Jonathan Mechanic Elected as Next Chair of REBNY appeared first on Connect CRE.
Newmark has arranged a $210-million financing secured by the remaining condominium inventory at Skyline OC South Coast Residences, a 25-story luxury residential development at 9 MacArthur Pl. in Santa Ana. Co-head of Global Debt & Structured Finance Jordan Roeschlaub, vice chairman Nick Scribani, senior managing director Ricky Braha, director Holden Witkoff and associate Niv Shahmoon arranged the financing on behalf ... The post Crescent Heights’ Skyline OC Lands $210M Financing appeared first on Connect CRE.
CBRE has arranged the sale of Bayside Townhomes, a 32-unit multifamily community in Kenosha. Campbell Creek Communities LLC purchased the property from Bayside Townhomes LLC for $7.14 million. CBRE’s Matson Holbrook, Gretchen Richards and Sean Beuche represented the seller in the transaction. “We continue to see strong investor demand for 1990s-vintage assets,” said Holbrook. “Bayside’s ... The post CBRE Arranges Sale of Townhomes in Kenosha appeared first on Connect CRE.
Lee & Associates has negotiated the sale of the 70,497-square-foot commercial office property at 915 Harger Road, located in the heart of Oak Brook’s business corridor. Tony Russo, Executive Vice President at Lee & Associates’ Illinois office, represented the seller, KMMRD Enterprises, LLC. The property offers convenient access to regional transportation networks, nearby retail and ... The post Lee & Associates Negotiates Sale of 70K-SF Oak Brook Office Property appeared first on Connect CRE.
Walker & Dunlop, Inc. has arranged a $375 million construction loan to finance JFK Boulevard, Nasser Freres’ new mixed-use development in Jersey City’s Journal Square. The financing was provided by Madison Realty Capital. The Walker & Dunlop Capital Markets Institutional Advisory team of Keith Kurland, Aaron Appel, Adam Schwartz, Jonathan Schwartz, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet and Jack Krentzman ... The post Walker & Dunlop Arranges $375M Loan for Jersey City Mixed-Use appeared first on Connect CRE.
KBS announced it has rehired Katy Grober as vice president, investment manager for its Mid-Atlantic region. Grober previously served in several roles within KBS’ investment management team. “Katy played a key role in our investment management team in the Mid-Atlantic and brings valuable experience that will directly support performance across the portfolio,” said Marc DeLuca, ... The post KBS Appoints Katy Grober as Vice President, Investment Manager for Mid-Atlantic Region appeared first on Connect CRE.
Marcus & Millichap arranged the sale and financing of Briarwood Apartments, a 64-unit multifamily property at 3815 East Ave. in Livermore,. The property sold for $19.75 million. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, arranged $13.3 million in acquisition financing. The transaction was part of a three-property Livermore portfolio that also included Alderwood Park Apartments and Royal Gardens Apartments, which closed in December 2025. ... The post Livermore Portfolio Deal Finalized with Sale of Briarwood Apartments appeared first on Connect CRE.
Chicago Mayor Brandon Johnson has proposed directing $425 million in Tax Increment Financing (TIF) money to support “The 78,” a development project that includes a proposed Chicago Fire soccer stadium. The $424.9 million in proposed support would reimburse the developer, Roosevelt/Clark Partners LLC, for eligible construction costs. While the project was initially said to be ... The post Chicago Mayor Proposes $425M in TIF Support for The 78 Development appeared first on Connect CRE.
Washington-based Silent Partner AI, the company behind Contactter.ai, announced a strategic growth investment from NYO Capital, a growth equity firm. Silent Partner AI serves dealerships across North America and integrates with the automotive industry’s CRM and DMS platforms. The company’s solutions help dealerships improve lead engagement and automate customer communications. Contactter.ai consolidates email, SMS, web ... The post Silent Partner AI Secures Investment from NYO Capital appeared first on Connect CRE.
Marcus & Millichap brokered the sale of 4305 Lime Kiln Road, an industrial outdoor storage property in Frederick, Maryland. The asset sold for $7.45 million. “Between the nearby data-center campus being developed and a scarcity of properly zoned outdoor storage sites, there is strong upward pressure on rents, making this a compelling investment opportunity,” said ... The post Marcus & Millichap Brokers Sale of IOS Asset Near MD Data Center Development appeared first on Connect CRE.
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), alongside Ridgeback Group (Ridgeback), has acquired the Private Rented Sector (PRS) business of London & Quadrant Housing Trust (L&Q), which trades as Metra Living, for a total enterprise value of £1.045 billion (approximately US$1.38 billion). The transaction includes a portfolio ... The post Morgan Stanley Leads Acquisition of Metra Living, Adds 3,200 Greater London Rentals appeared first on Connect CRE.
The Massachusetts Department of Transportation (MassDOT) Board of Directors has approved the Fiscal Year 2027-Fiscal Year 2031 Capital Investment Plan, described as a strategy to modernize transportation infrastructure, improve safety and reliability, create jobs and support economic growth across Massachusetts. The $20.7-billion five-year plan includes $4.4 billion in investments supported by Fair Share revenues and will fund critical improvements to roads, bridges, culverts, rail, and ... The post MassDOT Approves $20.7B Five-Year Capital Investment Plan appeared first on Connect CRE.
Trammell Crow sold Elliott Gateway, a 516K-SF Mesa industrial park, to Cohen Asset Management for $98 million. The fully leased site included four buildings off Loop 202 and Elliot Road. The Phoenix Business Journal reports the buyer included a $41.2 million downpayment and got a $56.8 million loan with Nationwide Life Insurance Co. to finance ... The post Trammell Crow Offloads Mesa Warehouse Facility for $98M appeared first on Connect CRE.
EVO Entertainment acquired the former Xscape Movie Theater in the Katy-Fulshear market. The sale of the 55,000-square-foot theater building was brokered by Newcor’s Rob Banzhaf and Alexander Rizzotti, who represented the seller, Patoka Capital. EVO Entertainment plans to expand the property into a nearly 70,000-square-foot entertainment destination combining a renovated cinema with dining, recreation and ... The post EVO To Expand Katy Theater to 70K-SF Entertainment Center appeared first on Connect CRE.
Newmark arranged a $52 million cash-out refinance for Cantera at Towne Lake, a 366-unit, Class A garden-style multifamily community located in Cypress, Texas, a high-growth suburb northwest of Houston. Newmark Multifamily Capital Markets Vince Punzi and Lowell Takahashi arranged the financing through a debt fund on behalf of the borrower, The Bascom Group. The loan ... The post Newmark Arranges $52M Refi for Cypress Apartment Owner appeared first on Connect CRE.
Berkadia arranged a $124.6 million loan on behalf of Harbor Group International (HGI) to refinance Alesio Urban Center, a mixed-use community featuring 908 apartment homes and 55,499 square feet of retail and commercial space in the Las Colinas submarket of Irving, Texas. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez of Berkadia’s Miami office ... The post Harbor Group Lands $124.6M Refi on Las Colinas Mixed-Use Venture appeared first on Connect CRE.
CBRE arranged a long-term, 78,079-square-foot office lease for the New York City Board of Education Retirement Systems (BERS) at 55 Water St. in Lower Manhattan. BERS previously occupied a portion of the building’s 50th floor as a subtenant and will now occupy the entire 50th floor and add a ground-floor retail presence under a new, 30-year direct lease with the property owner. The CBRE team of Howard Fiddle, Bradley Gerla, Evan ... The post NYC BERS Expands to Full-Floor Lease at 55 Water Street appeared first on Connect CRE.
Stream Realty Partners has been selected to market the sale of 20532 El Toro, a three-story, 61,418-square-foot office property in Mission Viejo, formerly known as Mission Foothills Professional Building. The property offers strong connectivity to Irvine, Lake Forrest, Foothill Ranch, and the greater Southern California region. The property has undergone extensive renovations, featuring creative office ... The post Stream Realty Lists Single-Tenant Mission Viejo Office Property for Sale appeared first on Connect CRE.
JLL Capital Markets arranged the $21.7-million sale of 122 Bruckner Blvd., a 172,774-square-foot residential development site in the Mott Haven section of the Bronx. JLL represented the seller, Altmark Group, and negotiated the transaction directly with the buyer, Nalcorp, which plans to develop one or more residential buildings. The JLL Capital Markets Investment Sales and ... The post Mott Haven Development Site Set for One or More Residential Buildings appeared first on Connect CRE.
Whitewater Commercial Real Estate, a San Diego-based commercial real estate brokerage specializing in multifamily investment sales and development opportunities, closed the sale of 856 Grand Ave., a redevelopment site located in Pacific Beach. The property sold for $8,000,000. Whitewater epresented the buyer, 856 Grand Ave LLC. David Kern of The Mansour Group represented the seller, ... The post Former IHOP Site in Pacific Beach Trades as Redevelopment Opportunity appeared first on Connect CRE.
Naftali Credit Partners has closed on a $75-million loan to support the development of 757 Flatbush Ave., a nine-story ground-up condominium development in Brooklyn’s Flatbush neighborhood. The financing package includes a $58-million senior loan provided by Madison Realty Capital and a $17-million mezzanine loan provided by Naftali Credit Partners. Following a successful collaboration on 208 Delancey in 2020 ... The post Naftali Credit Partners Arranges $75M Debt for Flatbush Condo Project appeared first on Connect CRE.
Estia Roseville, a new residential community development by affiliated Zilber Ltd. entities Zilber Residential Group and Homes by Towne, is introducing a new housing option to Greater Sacramento with the debut of 209 cottage-style single-story apartment homes in Roseville. The complex recently held its grand opening with Roseville Mayor Krista Bernasconi, members of Roseville City Council, and ... The post Zilber Opens Roseville Multifamily with Cottage-Style Residences appeared first on Connect CRE.
John M. Corcoran & Co. has launched leasing at Dexter Street Commons, a new construction 150-unit apartment community with ground-floor retail in the Conant Thread District of Pawtucket, RI. Built by New England Construction, the five-story property will be managed by John M. Corcoran & Co, with move-ins expected to begin in late August. “Dexter Street Commons was designed around how people ... The post John M. Corcoran Launches Leasing at Pawtucket Apartments appeared first on Connect CRE.
Skender, serving as general contractor, along with developer Garmong, has topped out construction on the new Westfield Police Department headquarters, a $35 million facility designed to support the city’s growth and public safety needs. The new headquarters is being built on an 11.7-acre site along Grand Park Boulevard, just north of 181st Street in Westfield, ... The post Construction Tops Out at New Indiana Police Department HQ appeared first on Connect CRE.
Greenstone Partners arranged the sale of Circle Plaza, a 100% occupied multi-tenant retail center located in Forest Park, Illinois, for $8.41 million. The transaction was brokered by Greenstone Partner and Investment Advisor Connor Sheedy. Situated at the intersection of Harlem Avenue and Circle Avenue, Circle Plaza is an 18,486-square-foot retail center that features a diverse ... The post Greenstone Partners Facilitates Sale of Forest Park Retail Center appeared first on Connect CRE.
IQHQ, Inc. said Monday that AdvanCell has signed a long-term, 128,000-square-foot lease for the entire 1 Corporate Dr. building at Innovation Park, IQHQ’s life science and advanced manufacturing campus in Andover, MA. The transaction is among the largest life science leases in Greater Boston this year and brings the newly constructed Phase 2 of Innovation ... The post AdvanCell Signs Full-Building Lease at IQHQ’s Innovation Park in Andover appeared first on Connect CRE.
Simone Development Companies announced that the New York City School Construction Authority has signed a long-term lease to establish the new Bronx STEAM Center in 54,245 square feet across two floors at the Hutchinson Metro Center Atrium, a three-story, 361,857 square-foot mixed-use property located at 1776 Eastchester Rd. in the Bronx. The new lease marks a major public-private ... The post Bronx STEAM Center Sets Up Shop at Simone’s Hutchinson Metro Center Atrium appeared first on Connect CRE.
Kidder Mathews arranged the $7.6-million sale of The Carlton Apartments, a 36-unit property located at 5535 Carlton Way in Hollywood. EVP Darin Beebower and associate Dakoda Iversen represented Los Angeles-based James Investment Partners in the sale to a local real estate investor. The property generated more than 25 offers from prospective buyers despite softening rental trends ... The post Kidder Closes Hollywood Multifamily Sale Despite Softening Rental Trends appeared first on Connect CRE.
Construction is proceeding on the $121-million Harper Street DOT administration building and yard redevelopment project at 32-11 Harper St. in the Willets Point section of Queens. The project team includes the New York City Department of Design and Construction, New York City Department of Transportation (DOT) and the design-build team of lead architect Urbahn Architects, ... The post NYC DOT Modernizes Willets Point Offices and Yard with $121M Redevelopment appeared first on Connect CRE.
Colliers finalized the $40.5-million sale of Gateway at Menifee, a 229,934-square-foot industrial facility located at 33520 Zeiders Rd. in Menifee. The property is Building 3 within the five-building industrial complex, formerly known as Scott Road Commerce Center. EVP Rick Nunez, SIOR, associate Mateo Mobilia and senior client services specialist Michael Romero represented the buyer, Temecula-based ... The post Locally Based Logistics Firm Scales Up with Menifee Warehouse Acquisition appeared first on Connect CRE.
Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, FL closed on a $24-million construction loan on June 18, 2026, for a ground-up self-storage development located at 555 Hamburg Tpke. in Wayne, N.J. The project will encompass approximately 85,330 square feet and 586 climate-controlled storage units upon completion. ... The post Basis Industrial Closes on Construction Loan for Wayne, NJ Self-Storage appeared first on Connect CRE.
Atlantic Capital Partners closed the $7.3-million sale of North Reading Landing, a prime redevelopment site located in North Reading, MA. Located 15 miles north of Downtown Boston, the asset represents an opportunity to reimagine a significant parcel along a major commercial corridor. The transaction was led by Justin Smith, head of Capital Markets; Sam Koonce, ... The post Development Parcel Changes Hands Along North Reading Commercial Corridor appeared first on Connect CRE.
The Levin Johnston team at Marcus & Millichap closed the sales of two San Francisco Peninsula multifamily apartment communities totaling 31 units. Executive managing directors Adam Levin and Robert Johnston represented the seller in the $10.15-million trade of Hawthorne Apartments, a 15-unit property located at 325-327 Hawthorne Ave. in Palo Alto; and represented the seller ... The post Levin Johnston Arranges Two Sales on San Francisco Peninsula appeared first on Connect CRE.
The recently held Connect Midwest Multifamily Trends 2026 event brought together developers, investors, lenders and industry leaders to discuss the forces shaping today’s market. Expert panelists explored capital markets, development trends, investor sentiment, technology adoption and evolving renter preferences, offering a candid look at both the challenges and opportunities facing multifamily across Chicago and the ... The post Connect Midwest Multifamily Trends 2026 Recap (VIDEO) appeared first on Connect CRE.
A $40-million project to redevelop downtown Lowell, MA cleared a major hurdle when the Lowell Historic Board approved the plan. New North Canal LLC and the Coalition for a Better Acre received approval to redevelop a slate of buildings at 463 and 281 Moody St. New North Canal LLC, in partnership with the CBA, plans ... The post Lowell Historic Board Okays Redevelopment of 1960s-Vintage Affordable appeared first on Connect CRE.
Marcus & Millichap brokered the sale of 935-937 W. Armitage Ave., a mixed-use multifamily and retail property in Chicago’s Lincoln Park neighborhood. The property sold for $6.6 million. “This offering attracted significant interest due to its A+ Lincoln Park location, upside in the multifamily rents, newly signed lease with Wintrust Bank and prominent corner presence,” said Kyle Stengle, senior managing director of investments. ... The post Marcus & Millichap Arranges Sale of Lincoln Park Mixed-Use Property appeared first on Connect CRE.
Brownfield sites are defined as underused or abandoned land affected by environmental issues. This, in turn, limits the potential for redevelopment or expansion due to “real or perceived environmental contamination.” However, these abandoned, environmentally questionable sites could also have a future use for data centers. An article in NAIOP’s Development magazine indicated that such sites ... The post Can Brownfield Sites Support Data Centers? appeared first on Connect CRE.
Just about everyone connected with politics, finance, think tanks and real estate developers and owners has had the conversation about housing authority. The solutions have ranged from zoning reform and streamlined permitting to adaptive reuse, rental assistance programs and community land trusts. A recent article in the Urban Land Magazine offered another solution: Travel trailers, ... The post Housing Affordability Through RVs and Travel Trailers appeared first on Connect CRE.
Once upon a time, multifamily property management relied almost entirely on people. Leasing agents fielded rental inquiries, property managers oversaw lease agreements, maintenance teams handled repairs, and staff juggled schedules. The purpose of these tasks was to keep residents happy while appealing to prospective renters. Today, technology, automation and artificial intelligence are taking over many ... The post The Human Side of Automation in Multifamily Property Management appeared first on Connect CRE.
Unlike many other office-reliant industries, the legal sector is doing quite well due to strong demand for services, continued revenue growth and a commitment to in-person work. As a result, 4.5 million square feet of legal space was leased in Q1 2026, according to Cushman & Wakefield. Additionally, the company’s 2026 Bright Insight National Legal ... The post Survey Reports Robust Leasing and Design Investments in the Legal Office Sector appeared first on Connect CRE.
Colliers announced the sale of Silver Creek Apartments, a 118-unit multifamily community located at 1481 North 25th Avenue in Bozeman, Montana. The sale was led by the Colliers team of Executive Vice Presidents Adam Haydon, Dan Linnell, and Mox Gunderson, as well as Associate Vice President Devon Dvorak and Associate Drew Jackson, who represented the ... The post Colliers Facilitates Sale of 118-Unit Apartment Property in Bozeman appeared first on Connect CRE.
At the recent Connect Midwest Multifamily Trends 2026, hundreds of industry professionals gathered to hear from leaders across the multifamily sector to discuss trends. An array of experienced panel speakers shared their insights on development, construction, operations, and design, including renter demand and renter expectations. In the video, the discussion covers topics ranging from amenities ... The post Highlights from Connect Midwest Multifamily Trends 2026: Development, Construction, Operations, PropTech & Design Trends for the Modern Renter (VIDEO) appeared first on Connect CRE.
Donaldson Impact Investments, in partnership with New York Life Investment Management and Housing Initiative Partnership, announced the acquisition of Yorkshire Apartments, a 326-unit garden-style community in Silver Spring, Maryland. New York Life Investment Management is the majority investor in the $79.4 million transaction. Yorkshire Apartments will transition from market-rate housing to a mixed-income affordable housing ... The post Donaldson Impact Investments, NYL Acquire Yorkshire Apartments appeared first on Connect CRE.
The Battery Park City Authority (BPCA) has reached an agreement with Related Companies to preserve and significantly expand rental affordability at Tribeca Park, a 27-story, 396-unit rental building built by Related in 1999 in Battery Park City’s north neighborhood. The agreement, in the form of an amendment to the building’s ground lease with BPCA, preserves ... The post Related, Battery Park City Authority Expand Affordability at Tribeca Park appeared first on Connect CRE.
The post California People and Company News, Week of June 19, 2026 appeared first on Connect CRE.
A new affordable housing development in Washington is moving forward with a first-of-its-kind financing structure that does not rely on the Low-Income Housing Tax Credits program. The 102-unit project, Addison Grove, brings together a team of partners, including CBRE as the permanent lender, Heritage Bank as the construction lender, Stifel as the bond underwriter, and ... The post New Affordable Housing Project Moves Forward in Puyallup appeared first on Connect CRE.
Cohen Brothers Realty Corporation said Thursday that Charles S. Cohen has paid the full balance of the judgment debt held by Fortress Investment Group, reportedly $187 million, after more than two years of litigation. Davi dLópez, General Counsel for Cohen Brothers, said now that Cohen’s personal obligation to pay the Fortress judgment debt has been satisfied in full, the specter of a receiver being appointed ... The post Charles Cohen Pays Off Judgment Debt Held by Fortress appeared first on Connect CRE.
JLL announced the formation of the retail solutions group, a newly integrated team within JLL’s project and development services business to bring together design, architecture and project management capabilities throughout the entire brand lifecycle. Additionally, JLL tapped industry leader Mark Bateman as executive managing director to lead the strategic initiative and hired Kevin Songer as ... The post Chicago/Midwest People & Company News, week of June 19, 2026 appeared first on Connect CRE.
JLL Capital Markets has arranged $60.5 million in construction financing and additional joint venture equity for the development of Project Oak Hill, an 85-residence luxury condominium in downtown Lafayette. A JLL Capital Markets Debt and Equity Advisory team led by Matt Cimino and Jordan Angel arranged the construction loan with Centennial Bank and secured PCCP ... The post JLL Arranges Debt, Equity for Luxury Condo Development in Downtown Lafayette appeared first on Connect CRE.
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Oregon-based Menashe Properties has once again expanded its Chicago office portfolio with the $56.5 million acquisition of 180 N. LaSalle, a 38-story, 800,000-square-foot landmark tower in the heart of the city’s Central Loop. Menashe first entered the Chicago market in 2023 with the acquisition of 230 West Monroe, a 29-story, 707,000-square-foot office tower. In 2025, ... The post Menashe Properties Expands Chicago Office Portfolio appeared first on Connect CRE.
EOS Investors LLC, the real estate investment firm founded in 2017 by Jonathan Wang, has acquired The Press Hotel, Autograph Collection, a 110-key lifestyle hotel located in Portland, ME, for an undisclosed sum. The acquisition adds a top Portland hotel to EOS’s New England portfolio, encompassing 16 hotels, including eleven in Maine specifically. Simon Mais, ... The post EOS Adds to New England Portfolio with Portland’s Press Hotel appeared first on Connect CRE.
DSV – Global Transport and Logistics recently broke ground on its new Oregon regional warehouse hub in Hillsboro. The 750,000-square-foot facility, which is larger than 13 football fields, will serve as a purpose-built contract logistics space for DSV’s semiconductor customers throughout the state. The project is being constructed by ARCO Design/Build and is scheduled for ... The post DSV Breaks Ground on 750K-SF Oregon Warehouse Hub appeared first on Connect CRE.
CIM Group’s Permanent Power Company has closed an approximately $600-million construction financing facility to proceed with development of Grape, its solar and energy storage project in California. The financing package includes an approximately $372.3-million construction-to-term loan, an approximately $166.7-million tax credit transfer bridge loan, and an approximately $61.3-million letter of credit facility. Truist serves as ... The post CIM’s Permanent Power Company Closes $600M Financing for Solar Project in San Joaquin Valley appeared first on Connect CRE.
Koeppel Rosen LLC announced that law firm Fenwick & West, LLP has expanded its office footprint at 902 Broadway with a new 18,200-square-foot lease expansion and extension. Fenwick & West originally occupied 54,600 rentable square feet across three full floors and now occupies a fourth for a total of 72,800 square feet The expansion arose ... The post Law Firm Fenwick & West Signs Lease Extension, Expansion appeared first on Connect CRE.
CBRE arranged the sale of the Hawthorne Hangar Campus at 3507 Jack Northrop Ave. in Hawthorne, a 40,553-square-foot industrial flex / R&D campus. The property holds significant aviation history as the original office and airport hangar of Jack Northrop, the pioneering aviation entrepreneur and founder of Northrop Corporation. Michael Longo and Melissa Moock of CBRE’s ... The post Farallon Partnership Trades Historic Hawthorne Hangar Campus appeared first on Connect CRE.
Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has completed its $30-million strategic repositioning of 99 Park Ave., a 600,000-square-foot Class A office tower near Grand Central Terminal. Designed in partnership with national architecture and interior design firm Vocon, the program reimagines the building’s arrival experience ... The post Global Holdings Wraps Work on 99 Park Avenue Repositioning appeared first on Connect CRE.
Developer MBK Rental Living has opened Vintage Farms, a 15-acre community featuring 330 apartments in Murrieta. The community, now open and leasing with immediate move-ins available, has experienced early demand during its pre-leasing phase. “In today’s competitive housing landscape, differentiation matters,” said Ken McCarren, president of MBK Rental Living. “Vintage Farms reflects our commitment to ... The post MBK Opens Murrieta Rentals Following Strong Demand in Pre-Leasing Phase appeared first on Connect CRE.
Union Investment and Nuveen Real Estate have sold their 1511 Third Ave. retail property on Manhattan’s Upper East Side to San Francisco-based Stockbridge. Terms of the sale were not disclosed. Union Investment acquired the retail property in 2016 as part of a closed joint venture deal with Nuveen Real Estate (then TH Real Estate) for its open-ended real ... The post Union Investment, Nuveen Sell Upper East Side Retail appeared first on Connect CRE.
Kevin Warsh has chaired his first Federal Open Market Committee meeting, and he wasted no time making clear this is a different central bank. The FOMC held the federal funds rate at 3.50%–3.75% on Wednesday, the fourth consecutive meeting without a move. The decision was unanimous and widely expected. What wasn’t fully priced in was the degree ... The post ANALYSIS: Warsh’s Fed Sends Blunt Message appeared first on Connect CRE.
Browning Real Estate Partners will break ground on a new 200,200-square-foot speculative industrial development in Canal Winchester, marking the company’s first ground-up development project in Ohio. The industrial facility will pursue LEED Silver certification and is being developed on approximately 16.33 acres within a planned industrial district. The project will operate under Browning’s Velocity industrial ... The post Browning Real Estate Partners to Break Ground on First Ohio Industrial Development appeared first on Connect CRE.
JLL Capital Markets arranged the sale and financing of 215 Salem St., a 62,155-square-foot shallow bay industrial facility in Woburn, MA. Director Tommy Hovey, senior director David Coffman and managing director Michael Restivo represented the seller in the sale to Kadima Industrial Partners. Working on behalf of the new owner, director Ryan Parker on JLL’s Debt Advisory ... The post Kadima Industrial Acquires Shallow Bay Woburn Property appeared first on Connect CRE.
Marcus & Millichap completed the sale of 7770 W. New York St., a 16,000-square-foot single-tenant industrial property in Indianapolis. Located near the Indianapolis International Airport, the property sold for $2.1 million to Greenspring Realty Partners. “This transaction highlights the continued strength of Indianapolis’ industrial market, particularly in this highly desirable airport-area submarket,” said Gus Poulos, associate director of ... The post Industrial Property Near Indianapolis Airport Changes Hands appeared first on Connect CRE.