June 2026

New apartment complex is the latest development on famous Lexington horse farm

Newmark Retained to Lead Sale of 757K-SF Office Portfolio Across Three States

Newmark has been retained to lead the sale of a fully leased, 757,000-square-foot office portfolio comprising five single-tenant properties located across Michigan, Ohio and South Carolina. Newmark Capital Markets Exe…

Colliers Facilitates $13M Sale of Pennsylvania Retail Plaza

Colliers announced the $12.8 million sale of Milford Landing Plaza, a retail center at 102 Milford Landing Drive in Milford, Pennsylvania. The transaction was completed on behalf of a special-purpose entity affiliated…

U.S. Office of Personnel Management Selects Oracle to Power Federal Workforce Modernization

AI-powered HR platform will help OPM reduce costs and improve efficiency, security, and service delivery for more than two million federal employees AUSTIN, Texas, June 11, 2026 /PRNewswire/ -- The U.S. Office of Pers…

8 notable interviews with multifamily pros from spring 2026

Executives from Arqline, Kennedy Wilson and The BAM Cos. tackle apartment demand, financing and mergers.

Statement on Behalf of the Family of Nassau County Police Officer Patricia Espinosa Following Guilty Plea

RIVERHEAD, N.Y., June 11, 2026 /PRNewswire/ -- The family of Nassau County Police Officer Patricia Espinosa today expressed its profound gratitude to the Suffolk County Police Department and the Office of Suffolk Coun…

Recruiting Firm Zeal Talent Ventures Takes 9K SF at 419 Lafayette Street

A recruiting firm has expanded to a new office in Manhattan’s NoHo neighborhood. Zeal Talent Ventures , which specializes in connecting new companies with talent and strategic investments, has signed a five-year lease…

Marcus & Millichap Arranges $15M Sale, Financing of 450K-SF Illinois Industrial Property

Marcus & Millichap announced the sale of Alton Center Business Park, a 450,400-square-foot industrial property located in the St. Louis MSA. The property sold for $15 million. IPA Capital Markets , a division of Marcu…

Avison Young Appoints Jarret Horst Project Management Lead to Oversee Mid-Atlantic Growth

Avison Young announced that Jarret Horst has joined the firm as a principal, project management lead, for national healthcare and the Mid-Atlantic region. In this dual role, Horst will focus on strengthening and expan…

VSR and Quore Integrate Agentic AI-Powered Voice Automation into Hotel Operations

Quore and VSR have integrated their platforms so hotels can use VSR's VAIA voice AI to automatically create and route guest and staff requests into Quore's operations system, with AD1 Hospitality's Holiday Inn Resort…

US foreclosure filings rise 14% annually in May, led by Southeast states

U.S. foreclosure activity continued its gradual annual rise in May 2026 even as filings declined from April, according to ATTOM ’s latest Foreclosure Market Report. The report, released Thursday, found 40,355 properti…

Wildland fire that started in apartment complex results in presumed "total loss" of 8-unit building

CBRE Completes $17M Sale of 70-Unit Multifamily on Bainbridge Island

CBRE has completed the sale of Quay Bainbridge, a 70-unit multifamily community located at 250 Shannon Dr SE on Bainbridge Island, Washington, for $16.8 million. CBRE’s Mark Zoffel and Natalie Kasper represented…

Investors are writing real estate checks, just not necessarily to funds

Capital allocators’ demand for bespoke vehicles means attracting capital to traditional commingled funds remains tough.

Why eXp and NextHome say the private listings war is here

At an event in France, an eXp Realty agent who had relocated from Southern California pulled eXp Realty CEO Leo Pareja aside with a warning from the other side of the Atlantic. “She goes, Leo, let me just tell you how…

DayBlink GPO Partners with OneJourney to Turn Everyday Hotel Payments into a New Revenue Stream for Luxury Independent Properties

DayBlink GPO's 1,100+ luxury independent hotel members can now earn cashback and automate back-office tasks through SwiftPay, OneJourney's AI-powered B2B payment platform, at no cost.

How to professionalize commercial real estate portfolio management for family offices

Waterville board approves Amazon distribution center

Leading Binational Attorney John Gomez Announces Expansion of Gomez Trial Attorneys with New Tijuana Office

New location strengthens the firm's commitment to clients throughout the California-Mexico corridor as Gomez Trial Attorneys celebrates 20 years of serving injured individuals and families. SAN DIEGO, June 11, 2026 /P…

Cleanup begins at Selkirk industrial park where tornado wreaked $30 million in damages

Suspected tornado rips roof off Manitoba industrial building, leaving a $30 million path of destruction

More cities are embracing AI permitting systems. HUD funding is available for them.

Local governments have until July 13 to apply for up to $3 million in grants for automated permitting and building code systems.

Aventura Mall Named Best Mall in the United States for the Second Consecutive Year by USA Today 10Best Readers' Choice Awards

AVENTURA, Fla., June 11, 2026 /PRNewswire/ -- Aventura Mall, South Florida's premier shopping, dining, and lifestyle destination, has once again been named the Best Mall in the United States by the prestigious USA Tod…

Wellston Industrial Park to Transition to Manufacturing, Logistics Business Park

Redwood City seeks to maintain low public office vacancy rates

Two Warehouse Leases Combine for $30M in One of L.A.’s Industrial Corridors

In the era of supply chain and trade uncertainty, third-party logistics (3PL) and distribution firms are again driving warehouse leasing activity in the nation’s largest industrial real estate market. Sante Fe Warehou…

PHFA awards $93.4 million in PHARE funding to support nearly 450 affordable housing initiatives across Pennsylvania

Across all 67 counties, 432 housing and community development programs receive awards HARRISBURG, Pa., June 11, 2026 /PRNewswire/ -- The Pennsylvania Housing Finance Agency today announced $93.4 million of investment…

Jim Brodsky on how reverse mortgage companies can avoid AI compliance headaches

As reverse mortgage lenders and servicers find innovative ways to incorporate artificial intelligence (AI) into their operations, compliance issues are likely to pop up. Jim Brodsky, a founding member of Washington, D…

Quarterra Sells 290-Unit Kierland Rental Asset

Quarterra Multifamily has sold Residences Kierland, a 290-unit community in Scottsdale, to MacNaughton. MultihousingNews reports that Nationwide issued a $90 million, five-year loan to McNaughton for the transaction.…

Qualia launches AI suite aimed at accelerating title sector adoption

Qualia has launched Qualia Clear Essentials, a new artificial intelligence (AI) feature suite available at no additional cost to users of its Core platform — as the company seeks to broaden AI adoption among title and…

Bulgari Opens in Vancouver’s New Luxury Shopping Center

Levata Adds Payment Technologies with Acquisition of POSDATA

Strategic acquisition adds certified payment terminal distribution, encryption key injection, and nationwide deployment capabilities, deepening Levata's position in retail and hospitality. CHICAGO, June 11, 2026 /PRNe…

AI could push real estate commissions lower, Alloy Advisors says

A new research report from Alloy Advisors finds that a typical $400,000 home sale in the U.S. generates about $39,660 in transaction costs, with real estate commissions making up the majority of the friction. Accordin…

Hammes ranked No. 1 developer in Modern Healthcare's 2026 Construction & Design Survey

MILWAUKEE, June 11, 2026 /PRNewswire/ -- Hammes, a national real estate consulting, development, investment and management firm, has been ranked the nation's No. 1 healthcare developer in Modern Healthcare's 2026 Cons…

Wilshire Finance Partners Closes $9.33MM Bridge Loan for Off-Market Multifamily Acquisition

North Texas Co-op Building $685M Gas Plant

There’s just no stopping Texas. Rayburn Electric Cooperative broke ground on Rayburn Energy Station II (RES II), a $685 million, 570-megawatt natural gas generation facility that will strengthen reliability for more t…

Municipalities Are Becoming Retail Real Estate's New Dealmakers

Developer Lands $134M to Build Fourth Apartment Tower Near Miami Metrorail

13th Floor Investments announced Thursday it has secured a $134 million construction loan to finance the development of a fourth residential tower at Link at Douglas , a transit-oriented project in Miami. Santander Ba…

Deloitte’s Jonathan Keith Says CRE Investors Should Remain Nimble as M&A Conditions Shift

Image Transaction activity so far in 2026 is cautious and sector-specific, according to Keith.

Blue Owl prices data center CMBS tight to Blackstone deal

Rosewood Delivers Final Phase of 956-Unit San Antonio Apartment Community

Rosewood Property Company is now leasing the third phase of The Tobin Estate Apartments, completing a project that totaled 956 unit across 44 acres. The project was launched in 2016. Located at 3310 Oakwell Court, the…

Rep. Emilia Sykes calls for action on unsafe living conditions at Akron apartment complex

Newmark Arranges $53M Sale of Everett Apartment Complex

CMBS Special Servicing Rate Improves in May

The Trepp CMBS Special Servicing Rate decreased by 51 basis points in May to 10.86%. The improvement was driven primarily by the return of a massive office loan backed by One New York Plaza in Lower Manhattan (picture…

Return to Lender: Week of June 11, 2026

A U.S. Bankruptcy Court judge approved the auction date for the site of the partially completed Mandarin Oriental, Boca Raton hotel, reported the South Florida Business Journal . The bid deadline is June 18 and the au…

Microsoft Breaks Ground on Long-Planned North San Jose Data Center Site

Nearly a decade after acquiring the site, Microsoft has broken ground on a 48-megawatt data center in north San Jose to support growing demand for cloud services and AI. The 397,205-square-foot, two-building project i…

Historic Columbus greenhouse to be demolished for $31M apartment complex

Texas People & Companies, June 12, 2026

JLL hired David Cooke as Executive Vice President in the firm’s Dallas office. Cooke brings more than 30 years of industry experience and leadership in tenant representation to JLL, where he will focus on expand…

The old Bremer's building could be razed for large apartment complex

Hinkson Inks Refi for 221K-SF Casa Grande Retail Center

Hinkson Co. has secured a $30 million refinancing loan for Casa Grande Mall, a 221,328-square-foot retail asset in Casa Grande, Ariz. Natixis issued the funds. Casa Grande is between Phoenix and Tucson on I-10. Commer…