May 2026

TGE completes $38m hotel acquisition in Kuala Lumpur

Rezonings Are Now Driving Land Development in New York City

New York City’s development landscape has evolved from a market driven mostly by location premiums to one where regulatory entitlement is now driving new residential development. The scarcity of well-located dev…

Tanger Acquires Town Center at Levis Commons Near Toledo for $60M

PERRYSBURG, OHIO — Tanger has acquired The Town Center at Levis Commons, a 300,000-square-foot mixed-use development in Perrysburg, about 10 miles south of Toledo. The purchase price was $60 million. Developer and own…

Partnership to Undertake $25M Renovation of Historic Jewelers Building in Chicago

CHICAGO — Clayco, CRG, The Prime Group Inc. and TP Management Co. (TPM) have unveiled plans to complete a $25 million renovation of the historic Jewelers Building at 35 E. Wacker Drive in Chicago. The project will int…

Opus Completes Gerdin Fieldhouse at Luther College in Decorah, Iowa

DECORAH, IOWA — Opus has completed the Gerdin Fieldhouse for Athletics and Wellness at Luther College in Decorah, a city in northeast Iowa. Built in 1963, Luther’s 200,000-square-foot Regents Center had long housed th…

Encore Brokers $13.8M Sale of Shopping Center in Mishawaka, Indiana

MISHAWAKA, IND. — Encore Real Estate Investment Services has brokered the $13.8 million sale of Town & Country Shopping Center, a 382,139-square-foot power center situated on 40 acres in Mishawaka. The grocery-anchore…

The growing case for real estate debt

Downtown Windsor office vacancy rate the highest in Canada, but suburban rate improving: CBRE report

RoyOMartin Underway on $115M Manufacturing Expansion Project in Corrigan, Texas

CORRIGAN, TEXAS — RoyOMartin, a provider of plywoods, timbers and boards, is underway on $115 million manufacturing expansion project in Corrigan, about 100 miles northeast of Houston. The project involves the constru…

Partnership Opens $24.3M Affordable Housing Complex in South Austin

AUSTIN, TEXAS — A partnership between SGI Ventures and the Austin Housing Finance Corp. has opened The Roz, a $24.3 million affordable housing complex on the city’s south side. The four-story building houses 100 units…

Marcus & Millichap Brokers Sale of 204-Site RV Park in Midland, Texas

MIDLAND, TEXAS — Marcus & Millichap has brokered the sale of a 204-site RV park in the West Texas city of Midland. RV Midland was built on a seven-acre site in 2018 and includes nine acres for future expansion. Skyler…

Stream Realty Negotiates Sale of 33,280 SF Industrial Building in West Houston

HOUSTON — Stream Realty Partners has negotiated the sale of a 33,280-square-foot industrial building in West Houston. The building at 1045 Heritage West Drive was completed earlier this year and features 28-foot clear…

Avison Young Negotiates $19.1M Sale of Apartment Building in Wethersfield, Connecticut

WETHERSFIELD, CONN. — Avison Young has negotiated the $19.1 million sale of Ridge275, a 64-unit apartment building in Wethersfield, located just south of Hartford, that was built in 2019. According to Apartments.com,…

Cronheim Arranges $17.6M Loan for Refinancing of Downtown Philadelphia Hotel

PHILADELPHIA — The hotel affiliate of New Jersey-based financial intermediary Cronheim Mortgage has arranged a $17.6 million loan for the refinancing of the Fairfield Inn & Suites Center City Philadelphia hotel in the…

Colliers Brokers $5.2M Sale of Vacant Office Building in Parsippany, New Jersey

PARSIPPANY, N.J. — Colliers has brokered the $5.2 million sale of a vacant office building in the Northern New Jersey community of Parsippany. Automotive insurance company DOWC previously occupied the three-story buil…

Benefit Street Partners Provides $82M Refi for Sarasota County Multifamily

Crescent Communities and FCP have secured $82.1 million to refinance Render Legacy Trail , a 450-unit multifamily community in Florida’s Sarasota County, Commercial Observer can first report. Benefit Street Partners p…

Hunter Point Capital Signs 46,000 SF Office Lease in Midtown Manhattan

NEW YORK CITY — Hunter Point Capital has signed a 46,000-square-foot office lease in Midtown Manhattan. The independent investment firm is taking the entire 15th and 16th floors at 360 Park Avenue South, a 450,000-squ…

Sector and location drive NZ commercial property returns

Second Horizon Capital Purchases 710,000 SF Retail Center in Melbourne, Florida

MELBOURNE, FLA. — Second Horizon Capital has acquired Melbourne Square, a 710,000-square-foot retail center in Melbourne, a city on Florida’s Space Coast. A joint venture between Neuberger Berman and Cross Ocean Partn…

IPA Arranges $27M Acquisition Loan for Apartment Community in D.C’s NoMa District

WASHINGTON, D.C. — IPA Capital Markets, a division of Marcus & Millichap, has arranged $27 million in financing for the acquisition of The Pinnacle, a newly constructed, 115-unit luxury apartment complex located in th…

Cushman & Wakefield | Thalhimer Negotiates $9.1M Sale of Charlottesville Retail Property Leased to Wawa

CHARLOTTESVILLE, VA. — Cushman & Wakefield | Thalhimer has negotiated the $9.1 million ground lease sale of a single-tenant retail property located in Charlottesville. Wawa occupies the building on a 20-year ground le…

Punch List: DPR opens Pennsylvania office, MBI elects new president

Plus, a construction calculator unveils an artificial intelligence application, STV strikes $4 billion in project management gold in California and two firms nab new government projects.

Real estate marketing in a post-Google (Search) world

Google called it the biggest change to Search since launch. For agents who built their marketing around ranking on the first page, the platform is moving in a new direction — and the shift is already affecting how buy…

RobosizeME appoints Sean Anderson as Chief Revenue Officer

RobosizeME names Sean Anderson, former CRO at Book4Time, to lead global sales and revenue operations as the AI automation firm expands across enterprise hotel portfolios.

At least 3 dead in Dallas apartment complex explosion

200 Central Avenue office tower in downtown St. Pete has a new owner

Our day at Mews Unfold 2026

Davy and Jill reflect on Mews Unfold 2026 in Amsterdam, weighing AI's promise to free staff for human connection against the industry's oldest unsolved frustration: recognising returning guests at check-in.

7-story apartment complex proposed near UK campus. Residents vow to fight it

East Peoria apartment complex open after years of development

Technification Is Accelerating Commoditization

The author argues that replacing human touchpoints with technology risks commoditizing hotels, leaving price as the only differentiator, and urges a "humanification" approach that blends automation with genuine guest…

Mag Mile office tower extends run of downtown distress

Beyond the final whistle: how mega sporting events transform cities

Budapest's hosting of the UEFA Champions League Final is examined through the lens of sports tourism strategy, with the 2024 London final generating €91M in GVA and 77,000 international visitors as a benchmark.

If Search and Display Had a Baby: Why Demand Gen is the New Hybrid You Actually Want

A practical breakdown of Google's Demand Gen campaigns vs. Paid Search and Display, covering placements, targeting, creatives, and when to use each in a hotel marketing mix.

Exclusive: Broad Retail Portfolio Commands $170M+

The Hotel F&B Transformation Roadmap

Inspired by an AWS and Shiji whitepaper, the roadmap outlines five key F&B trends and six technology strategies, including cloud POS, mobile ordering, and real-time analytics, to help hotels improve margins and guest…

AHLA & AHLA Foundation Now Accepting Nominations for Hotel Industry Awards

AHLA and AHLA Foundation are accepting nominations for the General Managers of the Year Awards and Stars of the Industry Awards, with winners announced at events in Miami Beach and Los Angeles.

Chicago law firm Ginsberg Jacobs names partner, chair of real estate practice

Cendyn resets hospitality commitment with leadership reorientation

Under new CEO Michael Bennett, Cendyn has restructured its go-to-market approach around former hotel operators, adding managed services and commercial consultation measured by customer revenue outcomes.

3 dead, including child, after explosion levels Dallas apartment complex - ABC News

Skyscanner Rebrands "Hotels" to "Stays" to Reflect 3.5M Accommodation Options

Skyscanner renames its Hotels tab to "Stays," reflecting a portfolio of 3.5M properties including hostels, campsites, and unique options, driven by Gen Z and Millennial demand for experience-led accommodation.

Florida shopping center will have Lowe's, Wawa, Taco Bell and more

The Hotels Leading the Industry in 2026: Trends, Brands & Why They're Winning

A 2026 industry overview identifies luxury, lifestyle, wellness, extended stay, tech-forward, and adaptive reuse hotels as the six leading segments, with revenue forecast to reach $940B.

Maximizing Project Value Through Design

Rising construction costs and evolving guest priorities are pushing luxury hospitality developers toward strategic, experience-led design that balances aspiration with financial efficiency across all price points.

Accor Accelerates Franchise Growth and Strengthens Partnerships at the 2026 Pacific Franchise Conference

Accor gathered 270+ franchise partners and owners in Sydney to discuss growth strategy, investment trends, AI-driven efficiencies, and loyalty, covering its 420+ Pacific properties.

Not One Size Fits All: How Travelers Are Actually Using AI to Plan Trips — Cornell Research

Cornell survey of 1,029 U.S. travelers finds AI ranks 4th in travel planning tools, with accuracy concerns cited by 60%+ as the top barrier, and adoption motivations varying sharply across Budget, Premium, Aspirationa…

The Largest Shopping Centres In The United Kingdom

Placement, not commission - Google built a hotel checkout it takes no cut of and, that's exactly the point

Google's commission-free Universal Cart is a placement play: by owning the AI surface where travel decisions are made, Google charges for consideration rather than transactions, shifting auction dynamics against hotel…

Speaker Spotlight: Adam Greene of RXR

Adam Greene , Executive Vice President of Development at RXR , joined Commercial Observer ’s Future of New York Forum to discuss the future of New York City’s real estate market, including the growing momentum behind…

Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what

From Strategy to Action: How GCSTIMES Supports Hospitality Partners Reduce Scope 3 Emissions

GCSTIMES outlines how its low-carbon hospitality product portfolio, including key cards and in-room essentials, helps hotel partners reduce Scope 3 supply chain emissions via ISO-verified carbon accounting.