June 2026

Portion of Farden Township industrial park to be split into lots

Fire Displaces 4 Residents In Marin County Apartment Complex: FD

HILCO GLOBAL ANNOUNCES JUNE 26 AS DEADLINE TO SUBMIT BIDS FOR THE HAWTHORNE RACE COURSE

NORTHBROOK, Ill., June 2, 2026 /PRNewswire/ -- The Hilco Global Real Estate Practice, in cooperation with Province LLC, announces its engagement to help secure a recapitalization going-concern buyer or investor for th…

Pelham commercial property sells for $1.68 million

Renters remain cautious but demand holds steady

Inflation and broad economic uncertainty are leading renters to price-shop and take longer to tour before they finalize their decision, apartment experts say.

Trammell Crow Breaks Ground on Plainfield Business Center Development

Trammell Crow Company (TCC) has broken ground on Building 2 of Plainfield Business Center in Plainfield, Illinois, approximately 40 miles southwest of downtown Chicago. The 788,320-square-foot speculative warehouse is…

News | Franklin Lakes, New Jersey, apartment complex sells for $29M

Jeffrey Soffer and Barry Sternlicht Land $104M for Oceanfront Condo in South Florida

Jeffrey Soffer ’s Fontainebleau Development and Barry Sternlicht ’s Starwood Capital Group have secured $104 million in debt for an oceanfront condo project in Tequesta, Fla. BDT & MSD Partners took over a loan issued…

News | Finmarc sells Raleigh shopping center to help fund planned spending spree

Brooklyn Defender Services Consolidates Operations into Tishman Speyer Development

Tishman Speyer reached an agreement with Brooklyn Defender Services (BDS) to establish its headquarters within The Wheeler, its 10-story development located at 422 Fulton St. in Downtown Brooklyn. The 212,000-square-f…

Don’t Rush the Analysis When Converting a New York Office Building

Two realities are driving New York City’s office-to-residential boom: a growing inventory of underperforming office buildings, and a housing shortage projected to require 560,000-plus new units by 2030, according to a…

Germantown commercial property offered for $1.6M

Legora Acquires Commercial Real Estate AI Co. Cadastral

Affirmed Housing, VTA Break Ground on San Jose TOD

Affordable housing developer Affirmed Housing, the Santa Clara Valley Transportation Authority (VTA) and community partners have broken ground on RISE, a 195-unit affordable housing development adjacent to the Berryes…

/C O R R E C T I O N -- Reindustrialize/

In the news release, Reindustrialize Summit Unites Business, Government + Policy Leaders to Accelerate American Industrial Dominance, issued 02-Jun-2026 by Reindustrialize over PR Newswire, we are advised by the compa…

In HelloNation, Real Estate Expert Michael McCollum Explains When Is the Best Time to Sell a Home in Greensboro, NC, or Nearby Triad Communities

The article outlines seasonal trends, inventory levels, and local housing demand that influence home-selling prices and timing decisions. GREENSBORO, N.C., June 2, 2026 /PRNewswire/ -- When is the best time to sell a…

Bridgeton offloads SoMa commercial property for more than its pre-pandemic value

Construction Launches at $147M Adaptive Reuse Project in Poughkeepsie

Construction has begun at Wallace Campus, a $147-million, 187-unit mixed-use affordable housing development in the city of Poughkeepsie, Dutchess County. The project, located on Main Street, includes the transformatio…

Hampton Group Lands $141M Construction Loan for Scottsdale, Ariz., Resi Tower

The Hampton Group ’s planned residential tower in North Scottsdale, Ariz., has clinched a $141 million construction loan to fund its luxe build-out. The fresh capital was supplied by a senior mortgage from Bank OZK an…

Mamdani Administration Revives 34th Street Busway Paused Under Adams

Eight months and one mayoral inauguration later, the New York City Department of Transportation (DOT) is restarting the 34th Street busway redesign. Mayor Zohran Mamdani and the Metropolitan Transportation Authority (…

Officials’ plan for controversy-free KY data center falls short amid backlash

Centerspace completes strategic review, plans for $240M in sales

The REIT plans to cash out of 12 communities and exit the Bismarck and Rapid City markets in North Dakota.

Pennrose Breaks Ground on Allston-Brighton Mixed-Income Project

Pennrose has broken ground on 95 Everett St., an 88-unit, transit-oriented, mixed-income housing development in the Allston-Brighton neighborhood of Boston. When complete in 2027, the project will deliver 100% income-…

New Zealand hospitality investment

Polar, ein Unternehmen im Portfolio von H.I.G. Capital, schließt eine rekordverdächtige Anleiheemission in den nordischen Ländern im Umfang von 800 Millionen Euro ab

LONDON, 2. Juni 2026 /PRNewswire/ -- H.I.G. Capital („H.I.G."), eine weltweit führende Gesellschaft für alternative Anlagen mit einem verwalteten Kapital von 75 Milliarden US-Dollar, gibt bekannt, dass ihr Portfolioun…

Texas A&M Investing $300M in FW Innovation District

The Board of Regents of The Texas A&M University System approved a package of investments aimed at expanding research, supporting student growth and preserving historic campus infrastructure across Texas, including a…

The Cigna Group Foundation Launches 2026 Grant Program to Support Veterans

Open to nonprofits serving veterans in 10 states, the program offers $150,000 one–year grants to advance housing stability and coordinated resources that contribute to better mental health. BLOOMFIELD, Conn., June 2,…

Virginia Housing Announces New Board of Commissioner

RICHMOND, Va., June 2, 2026 /PRNewswire/ -- Virginia Housing recently announced Nathan (Nate) Shultz of Alexandria as a new board member for the Virginia Housing Board of Commissioners. "We are pleased to welcome Nate…

Why CoStar, Berkshire Hathaway are betting big on homebuilding

The past week saw two companies traditionally associated with the real estate industry make a splash in the homebuilding space . Things kicked off on Friday with CoStar Group’ s $800 million all-cash acquisition of Zo…

Stream Realty Partners Expands California Presence with Opening of Los Angeles Office

Firm Adds Market-Leading Team from Avison Young to Anchor New Location LOS ANGELES, June 2, 2026 /PRNewswire/ -- Stream Realty Partners, a national commercial real estate firm offering an integrated platform of servic…

Beverly Hills Investor Snares Triple-Net-Leased Merced Furniture Store

SRS Real Estate Partners has completed the $4.64-million sale of a single-tenant property occupied by Mor Furniture located at 1720 W. Olive Ave. in Merced. SRS SVP Alexander Moore and Nick Frechou of Retail Californi…

Progress Residential Earns 2026 Great Place To Work Certification™

SCOTTSDALE, Ariz., June 2, 2026 /PRNewswire/ -- Progress Residential, one of the nation's leading providers of property management services for single-family rental homes, is proud to be Certified™ by Great Place To W…

Contentious Dallas City Property Could Become Apartments, Retail

The city of Dallas sold a long-vacant 14-acre medical site at 2929 S. Hampton Road to Option Real Estate for roughly $6.9 million. The Dallas Business Journal reports Options Real Estate has a 90-day due diligence per…

Colliers Hires Sarah Cafaro as NYC-Based Senior Vice President

Colliers has hired Sarah Cafaro as its new senior vice president in New York, Commercial Observer has learned. Cafaro, previously a senior director of U.S. retail investment sales and capital markets at Avison Young ,…

Apartment complex in Orlando ripe for upgrades, with nearly all interiors in original condition

Cove Deepens AI Capabilities With Expanded Offerings for Portfolio-Level Commercial Real Estate Operations

New tools across compliance, work order management and tenant communications extend Cove's intelligence layer to operate at portfolio scale WASHINGTON, June 2, 2026 /PRNewswire/ -- Cove, the operating system for comme…

Windermere promotes founding family member Lucy Wood to regional director

Windermere Real Estate has promoted Lucy Wood to regional director for western Washington and Oregon, placing her in charge of the company’s largest operating region. The appointment expands Wood’s leadership re…

Barry Diller-Led Group Offers $18B for MGM Resorts

Barry Diller’s People Inc ., formerly known as IAC, has proposed acquiring MGM Resorts International in an all-cash transaction valued at approximately $18 billion. Under the proposal, People would acquire all outstan…

Retail | Scaling Store Expansion Like Apple & Tesla, with SiteRise CEO Dillon Okner

Dillon Okner is the Founder & Partner of SiteRise , a retail development and construction platform helping brands streamline site selection, store development, and portfolio expansion. With more than 15 years of exper…

Advance Auto Parts nears finish line on distribution center consolidation strategy

Lorimer Capital Lends $63M on Jersey City’s Arts & Powerhouse Building

A historic industrial warehouse turned commercial hub in Jersey City, N.J., has landed a $63 million loan to stabilize the property and whip up new leases. Lorimer Capital provided the bridge loan for the 118,660-squa…

Onity wins approval for revised reverse MSR sale to FOA

Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America (FOA), the company said Tuesday. Under the new agreement, Onity will sell MSRs on abou…

Home purchase demand holds up even with mortgage rates at 6.7%

Rates for 30-year conforming mortgages stayed above 6.7% this week, but housing market activity has been resilient as weekly pending sales and purchase loan demand are up slightly compared to this time last year. At H…

Google Quietly Signs 411K-SF Lease Renewal at 315 Hudson Street

Google is keeping its massive presence in Manhattan’s Hudson Square, according to a new market report from Colliers . The tech giant quietly signed a deal to renew its 410,556-square-foot headquarters at Jack Resnick…

Saks to Shutter Dallas Neiman Marcus

Neiman Marcus opened its flagship store on Main Street in Dallas over 100 years ago. Saks Global, the owner of the iconic brand, says its time to shutter the famous retail landmark. The store was not busy enough to ju…

2026 FIFA World Cup Means Opportunities to Score Retailing Goals

Decades have passed since the U.S. hosted a World Cup soccer tournament, but June and July will see matches played in stadiums nationwide as well as in Canada and Mexico. The impact of the games will extend beyond the…

Nuveen Green Capital Supplies $38M C-PACE Loan on D.C. Medical Building

Developer Redbrick LMD has secured $37.6 million of Commercial Property Accessed Clean Energy (C-PACE) debt for its newly built outpatient medical and community services building in Washington, D.C., Commercial Observ…

Gitcha integrates buyer listing service into Momentum MLS

Gitcha and Momentum MLS have formed a strategic partnership to integrate Gitcha’s Buyer Listing Service into the MLS platform for real estate professionals in western Arizona , the companies announced Tuesday. The int…

Jax Daily Record sources identify Pepsi as a 1 million-square-foot North Jacksonville tenant

Seattle’s Sound Transit adopts new ST3 plan despite $34.5B funding gap

The revised plan fully funds construction of several major transit projects in Washington state, though other projects now face deferral.