June 2026

CMBS Delinquencies Rise To 7.28% In Q1

Dallas Stars Plan New Arena, Mixed-Use Entertainment District in Plano

PLANO, TEXAS — The Dallas Stars are planning to open a new hockey arena and mixed-use entertainment district at The Shops at Willow Bend in Plano. The team announced on June 2 that it had signed a nonbinding letter of…

I Don't Design Spaces, I Design Portraits: Adam Tihany on Emotion, Control and Turning His Back on Technology

Legendary designer Adam Tihany argues emotion in hospitality spaces comes from control and storytelling, and dismisses technology at the table as harmful to genuine warmth and luxury.

SurePoint Breaks Ground on 861-Unit Self-Storage Facility in The Woodlands, Texas

THE WOODLANDS, TEXAS — SurePoint Development, a San Antonio-based self-storage owner-operator, has broken ground on an 861-unit facility in The Woodlands, about 30 miles north of Houston. The site is located near the…

Holman Fleet Management Lands 141,000 SQFT Lease at Southport Logistics Center in West Sacramento

The automotive parts distributor takes the majority of Buzz Oates’ newly delivered 189,916-square-foot industrial building, a notable absorption win in a Sacramento submarket grappling with rising vacancy. Holman Flee…

Kurv Delivers 326K-SF Miami Warehouse Project

Miller Construction Company completed Bridge Point Miami Station, a new industrial development for client Kurv Industrial. The project, located at 11690 NW 105th Street in Miami, consists of two new ground-up, tilt-wa…

Taunton breaks ground on region's largest modular apartment complex

Premier PV Signs 265,400 SF Industrial Lease in Southwest Dallas

DALLAS — Premier PV, a provider of solar photovoltaic products and services, has signed a 265,400-square-foot industrial lease in southwest Dallas. According to LoopNet Inc., the building at 4715 Mountain Creek Parkwa…

A Piece Of Putt-Putt Still Lives On Inside Local Apartment Complex

NorthPoint planning 5-building industrial park in Fairfield

Rising Real Yields Reshape Treasury Market Outlook

Executive Summary U.S. Treasury yields have surged to multi-year highs, driven not by inflation expectations but by rising real yields — a distinction with significant implications for portfolio strategy. The 10-year…

Marcus & Millichap Brokers Sale of Retail Strip Center in Balch Springs, Texas

BALCH SPRINGS, TEXAS — Marcus & Millichap has brokered the sale of Imperial Square, a retail strip center in the eastern Dallas suburb of Balch Springs that was built in 2017. The center comprises seven suites that ar…

Newmark Provides $115.6M Agency Loan for Refinancing of Southern Connecticut Multifamily Properties

EAST LYME, CONN. — Newmark has provided a $115.6 million Freddie Mac loan for the refinancing of The Cove at Gateway Commons and Sound at Gateway Commons, two multifamily properties located in the southern coastal Con…

Trump further tweaks steel, aluminum, copper tariffs

A greater range of industrial and agricultural equipment made with the metals will temporarily face a reduced 15% levy starting June 8, per the White House.

North Palisades Partners Buys 2,298-Unit Self-Storage Portfolio in Philadelphia

PHILADELPHIA — North Palisades Partners, a California-based investment firm, has purchased a portfolio of two self-storage facilities in the Northern Liberties neighborhood of Philadelphia. The properties are located…

Kennedy Funding Opens Doors for Foreign National Real Estate Investors

With no U.S. credit and limited access to traditional financing, foreign nationals are turning to new funding solutions for U.S. real estate opportunities. ENGLEWOOD, N.J., June 3, 2026 /PRNewswire/ -- Foreign nationa…

Cushman & Wakefield Arranges $56M Construction Loan for Northern New Jersey Industrial Project

RAHWAY, N.J. — Cushman & Wakefield has arranged a $56 million construction loan for a 277,818-square-foot industrial project in the Northern New Jersey community of Rahway. The 25.6-acre development will consist of tw…

Land id® Announces Canva Integration That Enables Import of Custom Map Visualizations Into Canva Designs

Real estate marketing teams and agents can now leverage Land id's compelling, data-driven property visualizations into layouts they create within the powerful design and marketing platform BOZEMAN, Mont. and AUSTIN, T…

Pactra Signs Nearly 700K-SF Adairsville Lease

Welcome Group announced the execution of a full-building lease with Pactra USA, Inc. at International Commerce Center, a 691,667-square-foot Class A industrial and logistics facility located at 7634 Highway 140 in Ada…

SWMLS partners with SourceRE to secure MLS listing feeds

Southwest Multiple Listing Service (SWMLS) has partnered with data platform SourceRE to centralize vendor access to its listing data and embed forensic identifiers in every distributed feed, giving brokers more tools…

Partnership Sells 252,000 SF Industrial Park in Lynn, Massachusetts

LYNN, MASS. — A partnership between two locally based investment firms, A.W. Perry and Foxfield, has sold Lynnway Industrial Park, a 252,000-square-foot development in Lynn, located on the northeastern outskirts of Bo…

Hotel CEOs talk the economy, travel demand and AI at NYU IHIF 2026

Lighthouse accelerates APAC growth with Jan Hansen's appointment as VP of Growth, Asia Pacific

Lighthouse appoints Jan Hansen, former Agoda Global Head of Connectivity Partnerships, as VP of Growth for Asia Pacific as it pushes an AI-first product strategy in the region.

Parkview Dental Partners Launches De Novo in Westchase, Tampa; Expands Presence in High-Growth Florida Market

Dental Service Organization Continues Florida Expansion with New Practice in Prime Mixed-Use Community SARASOTA, Fla., June 3, 2026 /PRNewswire/ -- Parkview Dental Partners, a leading dental service organization (DSO)…

Advanced Green Holdings Engages Anglo-Suisse Capital in Connection With US$1 Billion Boco Tora Development in Belize

Cross-border investment bank to assist in the three-site eco-resort and residential development NASHVILLE, Tenn. and LONDON, June 3, 2026 /PRNewswire/ -- Advanced Green Holdings, Inc. (AGH), developer of Boco Tora in…

Middle East & Africa Data Center Construction Market Poised for USD 15.97 Billion by 2031 -- Exclusive Insights by Arizton

CHICAGO, June 3, 2026 /PRNewswire/ -- Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2026–2031. According to recent research by Arizton, the Middle East…

Hunt Midwest Enters Georgia With 1.9 MSF Industrial Development Near Port of Savannah

BLOOMINGDALE, GA. — Hunt Midwest, a premier development firm based in Kansas City, plans to enter Georgia with its new Hunt Crossroads Commerce Center project. The 1.9 million-square-foot industrial development will b…

Kasa Makes Its Boston Debut at Fenway, Expanding Its National Portfolio to One of America's Most Sought-After Cities

Kasa Boston at Fenway brings the brand's tech-powered, apartment-style hospitality to one of Boston's most iconic neighborhoods BOSTON, Jun. 3, 2026 /PRNewswire/ -- Kasa, the leading hotel and apart-hotel brand and ma…

$150M Sports Illustrated Resort Slated for University of Alabama

Travel + Leisure Co. has broken ground on the $150 million Sports Illustrated Resort near the University of Alabama in Tuscaloosa. Slated to open in 2028, the planned mixed-use resort will feature a six-story tower wi…

Lodging Interactive’s Generates 1,253 Wedding RFPs for Client Hotels in Five Months

Lodging Interactive's Social Media Amplified Program delivered 1,253 wedding RFPs across client hotels in five months, representing an estimated $30.6M–$34.6M in potential gross revenue opportunity.

Hospitality Got Too Comfortable: EHL's Achim Schmitt on Decline, Talent and the Limits of Technology

EHL Dean Achim Schmitt, speaking at EHL HumanX in Lausanne, argues that decades of growth left hospitality complacent, and that retention, human skills and authentic local talent matter more than headcount cuts or aut…

REITs Poised For Growth, but Geopolitical Risks are Wildcard: Nareit Panelists

The National Association of Real Estate Investment Trusts ’ ( NAREIT ) REITweek 2026 Investor Conference kicked off Tuesday with both tailwinds and headwinds facing the U.S. economy. The annual real estate investment…

Hilton Launches Undergraduate Brand, Plans to Open More Than 400 Hotels

MCLEAN, VA. — Hilton has launched Undergraduate by Hilton, an upper-midscale hospitality brand designed to serve a range of college and university markets. Hilton’s long-term plans for the brand include growing the pi…

St. John Properties, Somerset Break Ground on $148M Multifamily Community in Baltimore County

MIDDLE RIVER, MD. — St. John Properties Inc. and Somerset Cos. LLC have broken ground on Aspen at Greenleigh, a $148 million luxury apartment development in Middle River. The 335-unit property will be situated within…

Invesco High Income Trust II Announces Portfolio Management Changes

ATLANTA, June 3, 2026 /PRNewswire/ -- Invesco High Income Trust II (NYSE: VLT) (the "Fund") today announced portfolio management changes. Effective June 3, 2026, the following individuals are jointly and primarily res…

Berkadia Arranges $82.1M Refinancing for Apartment Community in Nokomis, Florida

NOKOMIS, FLA. — Berkadia has arranged an $82.1 million loan for the refinancing of Render Legacy Trail, a 450-unit apartment community located at 15560 Render Way in Nokomis, a suburb of Sarasota. Patrick McGlohn, Bri…

ArcelorMittal Spending $57M on Macon Plant

ArcelorMittal Building Solutions is investing $57 million in its new headquarters in Macon. ArcelorMittal Building Solutions designs and develops building enclosures used to insulate and protect commercial properties,…

Lument Provides $28M FHA Loan for Ohio Affordable Housing Property

LORAIN, OHIO — Lument has provided a $28 million HUD/FHA Section 221(d)(4) loan on behalf of TFG Housing Resources and Raise Up for the acquisition and substantial rehabilitation of Western Horizon, a 353-unit afforda…

HDA Completes Design of 38-Unit Condo Development in Clayton, Missouri

CLAYTON, MO. — Architect HDA has completed the design of Forsythia on the Park, a luxury condominium development in Clayton. The four-story, 155,500-square-foot building is positioned adjacent to Shaw Park and feature…

Kraus-Anderson Builds $18.8M Fire Station in Otsego, Minnesota

OTSEGO, MINN. — Kraus-Anderson has completed a new $18.8 million fire station for the City of Otsego in metro Twin Cities. Designed by Wold Architects and Engineers, the 35,000-square-foot station features a central l…

Gantry Secures $12M Loan for Refinancing of Shopping Center in Moline, Illinois

MOLINE, ILL. — Gantry has secured a $12 million permanent loan to refinance maturing debt for Rock River Plaza in Moline. The 389,375-square-foot retail power center is anchored by Walmart and Lowe’s. Additional tenan…

LoanCare Announces CoreSync

New API-Integrated Private Label Solution Allows Real-Time Servicing Data and Full Functionality Within Client Apps and Websites VIRGINIA BEACH, Va., June 3, 2026 /PRNewswire/ -- LoanCare®, a leading national mortgage…

Cameron House, Scotland: A setting of family love but also tragedy

The historic home on the shore of Loch Lomond was sold in May after reopening in 2021, following a deadly fire.

RobosizeME Automates Loyalty and Guest Point Processing for Major U.S. Gaming & Casino Operator

RobosizeME is automating loyalty point updates and reconciliation workflows for a major U.S. gaming and hospitality operator to cut manual processing and improve player rewards accuracy.

PSRS Arranges $6.8M in Construction Financing for Affordable Multifamily Project in North Hollywood

LOS ANGELES — PSRS has arranged $6.8 million in construction financing for an affordable multifamily property on Ben Avenue in the North Hollywood neighborhood of Los Angeles. The property will feature 40 affordable a…

CBRE Arranges $3.7M Sale of Multi-Tenant Retail Property in Santee, California

SANTEE, CALIF. — CBRE has facilitated the sale of a multi-tenant retail building located at 8781 Cuyamaca St. and 9822 Buena Vista Ave. in Santee. Affiliates of Calgary Development sold the asset to Burggraf Family Tr…

From Natural Colors to Next-Gen Beverages, Rich Products puts Innovation on Display at IDDBA 2026

Global food company to spotlight new Bettercreme® & Buttrcreme portfolio, trending beverage solutions, Pizzeria Uno brand and more BUFFALO, N.Y., June 3, 2026 /PRNewswire/ -- Global, family-owned food company Rich Pro…

Innspire to Preview the ‘Future of the Connected Guest Experience’ at HITEC

Innspire will demo its Guest Journey platform at HITEC 2026 (Booth #3042, June 15-18), including a new Guest Flows automation tool, AI Concierge, and updated InnSmart TV streaming features.

Pacific Urban Investors Acquires 140-Unit Multifamily Community in San Diego

SAN DIEGO — Palo Alto, Calif.-based Pacific Urban Investors has purchased Casas by the Sea, an oceanfront multifamily property in the Bird Rock/La Jolla neighborhood of San Diego. Terms of the transaction were not dis…

Drones-as-a-Service Market Surges as AI, Automation, and Industrial Demand Drive Billion-Dollar Growth

Market forecasts point to multi-billion-dollar expansion as businesses increasingly adopt outsourced drone operations to reduce costs and improve efficiency NEW YORK, June 3, 2026 /PRNewswire/ -- Market News Updates N…