June 2026

TruAmerica enters NJ with Somerset multifamily acquisition

CU Denver Buys 25-Story Downtown Highrise

The University of Colorado Board of Regents okayed $29.75 million for the purchase of Independence Place, a 25-story downtown office tower. The purchase price includes the 55-year-old tower, two annexes and three leve…

Blackstone $343M loan on Chicago office tower defaults - report (BXMT:NYSE)

Why we can’t get more housing construction in the US

New home sales tanked this morning and had a slightly lower negative revision. But the bigger story is that demand is the main reason housing construction hasn’t been growing for years, and we simply have too much com…

GROUNDBREAKING IMMERSIVE EXHIBITION "AMERICAN LATINOS 1935-1945" TO MAKE MADRID DEBUT AT CASA DE AMÉRICA IN CELEBRATION OF THE U.S. 250TH ANNIVERSARY

Acclaimed Multimedia Installation by Alberto Ferreras Uncovers Hundreds of Historical Images of Hispanics in the United States MADRID, June 24, 2026 /PRNewswire/ -- Casa de América will host the Madrid premiere of Ame…

Virtu Investments Sells 64-Unit Multifamily Property in Livermore for $19.75MM

The final piece of a three-property Livermore multifamily portfolio has changed hands, with Marcus & Millichap closing the $19.75 million sale of Briarwood Apartments and arranging $13.3 million in acquisition financi…

Inospace expands Gauteng footprint with R33.5m Wadeville industrial park acquisition

Hillwood Adding 1.2M SF of Warehouse Space to AllianceTexas

Hillwood plans to develop Alliance Westport 16, a 1,214,969-square-foot Class A speculative industrial building in the Alliance Logistics District. Construction has commenced, and completion is expected in July 2027.…

There are plans for an 86-unit apartment complex next to SEPTA’s Jenkintown station

DPR, Suffolk Technologies pair with Skillit for hiring

The investment and cooperative plan emphasizes how builders are turning to more tech-centered methods of attracting talent to the jobsite.

Skillit pairs with DPR, Suffolk Technologies for hiring

The investment and cooperative plan emphasizes how builders are turning to more tech-centered methods of attracting talent to the jobsite.

BKM Capital buys 11-building industrial park in Carson for $95M

HelloNation Explains Pre-Construction Services For Commercial Building With Insights From Commercial Contractor Expert Bradley Quakenbush

The article outlines how budgeting, scheduling, and site evaluation support efficient planning and reduce risk in commercial building projects. INDIANAPOLIS, June 24, 2026 /PRNewswire/ -- What should business owners e…

McKesson Building $179M OKC Distribution Center

McKesson Corporation , a Fortune 100, U.S.-based company that helps ensure patients can access medicines, has selected Moore, Oklahoma , as the location for a $179 million automated regional distribution facility at t…

Blackstone Lands $115M Refi for Fort Lauderdale W Hotel From JP Morgan

Blackstone nabbed $115 million to refinance the oceanfront, W hotel in Fort Lauderdale, Fla., property records show. The debt from J.P. Morgan Chase covers the 346-room property at 401 North Fort Lauderdale Beach Boul…

Demmon Partners’ 316-Unit Greens at Pruneridge Clears Key Review Hurdle in Santa Clara as Apartment Market Tightens

Santa Clara has released a draft environmental impact report for The Greens at Pruneridge, advancing Demmon Partners’ bid to carve 316 apartments out of a longtime golf course just as Silicon Valley’s rental market sw…

CENSAI deepens market insights with Resimplifi data

ARLINGTON, Va., June 24, 2026 /PRNewswire/ -- CENSAI, powered by Rushmore Labs, is proud to announce a strategic partnership with Resimplifi, a trusted provider of verified commercial real estate (CRE) listings and pr…

323K-SF San Antonio Office Campus Acquired to SynerMark

A SynerMark Properties -led partnership purchased Union Square I & II, a 323,949-square-foot office campus in North Central San Antonio. Preferred equity was provided by Tryperion Holdings. The seller was a joint vent…

Bridge Logistics Properties Acquires Twinwood Distribution Center III In Texas

Prologis launches $16.6bn hostile bid for rival UK REIT Segro

After Segro’s board ‘unequivocally’ rejected the US logistics giant’s offer on Tuesday, Prologis is taking its case directly to the firm’s shareholders.

290K-SF Paris Retail Center Trades Hands

Culpetter Realty sold the Paris Towne Center, a 291,958-square-foot, grocery-anchored retail center located in Paris, Texas. The buyer was Corsair Property Company. Paris Towne Center is at the intersection of SE Loop…

Workplace Safety Platform Intenseye Takes 9K SF at 220 West 19th Street

Intenseye , an artificial intelligence-powered workplace safety platform, has signed a full-floor, 9,485-square-foot lease at Red Circle NY ’s 220 West 19th Street in Manhattan’s Chelsea neighborhood, according to lan…

Trump abruptly delays signing of 21st Century ROAD to Housing Act

President Donald Trump on Wednesday abruptly canceled a planned signing ceremony for a bipartisan housing bill, saying he would withhold action on the measure until Congress passes the SAVE America Act, a sweeping ele…

Newmark's Consulting Services Adds Veteran Advisor Munish Viralam to Lead its Real Estate Strategy & Consulting Group

NEW YORK, June 24, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporati…

Zillow RESPA lawsuit paused after judge orders arbitration

Zillow has notched what it is calling a legal win in the consolidated Real Estate Settlement Procedures Act (RESPA) lawsuit filed against it last September. On Tuesday, Seattle-based Federal Court Judge James Robert a…

New York City’s Pied-a-Terre Tax Hasn’t Affected the Luxury Market — So Far

Pied-a-terre tax scare? Au contraire! For now at least. On May 26, the New York State Legislature enacted a tax targeting the wealthiest homeowners in New York City, a group that Mayor Zohran Mamdani and Gov. Kathy Ho…

New York commercial real estate firm opens 1st Florida office in S. Fla.

Highland Commercial Mortgage Closes HUD 221(d)(4) Financing for a 270-Unit Multifamily Community in Orlando, Florida

INTERSPORT France opens new national distribution center with TGW technology

Electric Way marks next era of regional growth with distribution center expansion in Dubai

Darryl Davis Seminars sues Epique over POWER AGENT trademark

Darryl Davis Seminars Inc. has filed a multi-million dollar federal trademark infringement lawsuit against Epique Realty , accusing the virtual brokerage of unlawfully using the POWER AGENT® brand in its nationwide op…

Connect CRE Spotlights the 2026 Next Generation Award Winners

For the 10th consecutive year, Connect CRE is honoring up-and-coming industry leaders with the 2026 Next Generation Awards. These awards recognize young leaders who have already made their mark and who will have a str…

New White Paper Finds Industrial Real Estate Supports 1.5 Million Jobs and 11% of Southern California Economy

Developer Planning 220-Unit Homestead-Area Rental Community

Alcazar Development Group III has proposed an apartment complex just outside Homestead near where the company completed another project in 2019. Alcazar filed an administrative site plan review application with Miami-…

Morningstar DBRS Releases Monthly North American CMBS Rating Action Summary for May 2026

How a hotel appears in AI assistants: The three layers of visibility

Hotels must understand three distinct AI visibility layers: model memory, web search, and dynamic data sources, each requiring different strategies and offering different levels of control.

Mesa West Provides $83M Refi for 352-Unit Seattle-Area Multifamily Complex

Harrison Street Asset Management and Security Properties have secured $82.5 million to refinance Olin Fields , a 21-building, 352‑unit apartment community outside of Seattle, Commercial Observer can first report. Mesa…

Dwight Capital Refis Oregon Apartments With $39M HUD Loan

Pacific Northwest developer Pahlisch Commercial has landed $39 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a newly built multifamily development in a suburb outside Portl…

Greystar Buys CoolSprings Mall Parcel, Planning 361 Rental Units

Greystar bought a 5.35-acre portion of a CoolSprings Galleria parking lot from CBL Properties, the developer and owner of the Franklin mall. The Nashville Business Journal reports the deal closed for $11 million. Grey…

Quarterra Celebrates Groundbreaking of 387-Unit Aldea Apartments

Garden-style development to offer Riverside County residents the best of Southern California living MURRIETA, Calif., June 24, 2026 /PRNewswire/ -- Quarterra, an industry-leading multifamily development and investment…

Portman Closes $540M Financing to Develop Cincinnati Downtown Marriott Hotel

National developer Portman has closed on $540 million in financing to develop the Cincinnati Downtown Marriott hotel. Portman is partnering with the City of Cincinnati, Hamilton County, the State of Ohio, Cincinnati C…

NMHC, NYU Release Roadmap for Addressing Affordability Challenges

The National Multifamily Housing Council (NMHC), in partnership with the NYU Urban Lab at the Schack Institute of Real Estate, has released The Housing Affordability Toolkit , a policy resource outlining a roadmap for…

Hillwood Breaks Ground on 1.2 MSF Spec Industrial Project at AllianceTexas in North Fort Worth

FORT WORTH, TEXAS — Hillwood has broken ground on a 1.2 million-square-foot speculative industrial project at within its AllianceTexas master-planned community in North Fort Worth. Alliance Westport 16 will feature 40…

CBRE Arranges Acquisition Financing for 353,000 SF Retail Property in San Antonio

SAN ANTONIO — CBRE has arranged an undisclosed amount of acquisition financing for The Legacy, a 353,000-square-foot retail property in San Antonio. Built on 32 acres in 2006, The Legacy is home to tenants such as Mai…

Desay SV Chengdu Industrial Park Officially Opens

Marcus & Millichap Brokers Sale of 306-Unit Self-Storage Facility in Denison, Texas

DENISON, TEXAS — Marcus & Millichap has brokered the sale of A-Alpha Self Storage, a 306-unit facility in the North Texas city of Denison. Built on 4.2 acres between 1996 and 2008, the facility spans 41,959 net rentab…

Lument Provides $14.4M Agency Acquisition Loan for Northwest Houston Multifamily Property

HOUSTON — Lument has provided a $14.4 million Fannie Mae acquisition loan for Aspen Forest, a 144-unit, garden-style multifamily property in northwest Houston. Built in 1985 and renovated in 2020, Aspen Forest compris…

Michigan Strategic Fund Approves $270.7M Plan for Redevelopment of Former Lakeside Mall

STERLING HEIGHTS, MICH. — Gov. Gretchen Whitmer and the Michigan Strategic Fund Board have approved a $270.7 million Transformational Brownfield Plan (TBP) to support the redevelopment of the former Lakeside Mall site…

BWE Arranges $37M Bridge Loan for Apartment Building in Kalamazoo, Michigan

KALAMAZOO, MICH. — BWE has arranged a $37 million bridge loan for The Exchange, a 15-story apartment building in Kalamazoo. BWE’s Chris Carroll, Cathy Bronkema and Max Miller originated the financing from a debt fund…

CBRE Brokers $7.1M Sale of Bayside Townhomes in Kenosha, Wisconsin

KENOSHA, WIS. — CBRE has brokered the $7.1 million sale of Bayside Townhomes, a 32-unit multifamily community in Kenosha. CBRE’s Matson Holbrook, Gretchen Richards and Sean Beuche represented the seller, Bayside Townh…