June 2026

£2.6M Commercial Property Grants Launched

Farmer Mac Announces Effective Date for Completion of CEO Succession

- Bradford T. Nordholm to transition to Senior Advisor to the CEO Zachary N. Carpenter - WASHINGTON, June 8, 2026 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the na…

First Student offloads Metro East site as school bus provider sheds real estate footprint

Affinius Lends $120M to Refinance Kearny Mesa Luxury Apartments

Affinius Capital LLC closed on a $120-million loan to refinance Elowen, a Class A, 7-story, 302-unit multifamily property located in the Kearny Mesa neighborhood of San Diego. The loan was made to AAA Management and w…

News | Blackstone's Ohio data center anchors $1.26 billion CMBS deal

BRIXMOR PROPERTY GROUP ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE AND TELECONFERENCE DATES

NEW YORK, June 8, 2026 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2026 second quarter earnings on Monday, July 27, 2026 after the market close. Brixmor will host a…

Krusinski Construction Selected for Chicago Tenant Improvement Project

Krusinski Construction Company (KCC) has been selected by Day t on Street Partners to complete a tenant improvement project for an automotive and clean energy company. The Loomis facility will support a new electric-v…

Greenberg Traurig Mexico Advises Ministry of Finance and Public Credit on MXN$20 billion FAM-Backed Securities Program and Initial MXN$8 billion Issuance

MEXICO CITY, June 8, 2026 /PRNewswire/ -- Attorneys from global law firm Greenberg Traurig's Mexico office advised the Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público, SHCP) on the esta…

Media Agency Mediaplus Group Signs 10K-SF Lease at 432 Park Avenue South

A media consulting firm is doubling the size of its New York City office with a new headquarters on Park Avenue South, Commercial Observer has learned. Mediaplus Group , which combines media planning and digital strat…

Fargo Developer Enclave Closes on $80M Mixed-Use Development in MN

Fargo-based developer Enclave has officially closed on Krew, a new multifamily community with ground-floor commercial space valued at $79.9 million in Shoreview, Minnesota. Enclave Construction is set to break ground…

Broad Street Development and KSR Capital Seal $138M Recap for 370 Lexington Avenue

Broad Street Development has closed a $138 million refinancing and recapitalization of 370 Lexington Avenue , a 317,000-square-foot office tower in Midtown Manhattan, Commercial Observer has learned. Together with KSR…

HelloNation Article Featuring Property Management Expert Amy Reynolds Explains How to Choose a Property Management Company in Fayetteville

The article outlines key factors rental property owners should review when selecting property management services in Fayetteville. FAYETTEVILLE, N.C., June 8, 2026 /PRNewswire/ -- What should rental property owners lo…

Portland State University, Colas Development Group to Build Hotel, Conference Center

Portland State University (PSU) will partner with Colas Development Group to build a 150-room hotel and conference center in downtown Portland. The more than $70 million project is part of a larger mixed-use Performin…

Whole Foods Signs 10K-SF Lease for Bodega-Like Grocery Store in Bushwick

Whole Foods has selected Brooklyn’s bustling Bushwick neighborhood as the next potential location for its bodega-like market concept. The grocery chain owned by Amazon signed a 15-year, 10,000-square-foot lease at 122…

NYC Housing Partnership Selects Molly Wasow Park as CEO

The board of New York City’s Housing Partnership Development Corporation , or NYC Housing Partnership , has tapped Molly Wasow Park as its new CEO, according to a Monday announcement. Wasow Park will lead the nonprofi…

Bridge Investment Group Closes Second Logistics Real Estate Fund at $1.4B

CBRE Promotes Eve Bursic to Pittsburgh Property Management Market Leader

CBRE announced that Eve Bursic has been promoted to property management market leader for Pittsburgh. In this role, Bursic will be responsible for the strategic direction and growth of the firm’s local property manage…

8-year-old dies after being hit by truck at Des Moines apartment complex

Leading Physician-Economist Dr. Amol Navathe Appointed Chair of the Medicare Payment Advisory Commission (MedPAC)

WASHINGTON, June 8, 2026 /PRNewswire/ -- The U.S. Government Accountability Office (GAO) has officially announced the appointment of Amol Navathe, MD, PhD, as the new Chair of the Medicare Payment Advisory Commission…

Greenberg Gibbons Launches Fund Targeting $300M in Acquisitions

Greenberg Gibbons has launched its second private equity real estate fund, targeting $300 million in retail shopping center acquisitions across the East Coast. The firm also announced the fund’s first acquisition of W…

Performance Brokerage Services Advises on the Consolidation of Bull Run Harley-Davidson in Manassas, Virginia from Lindsay Automotive Group to PVM Enterprises

Performance Brokerage Services, the leader in dealership buy-sell activity, announces the Consolidation of Bull Run Harley-Davidson in Manassas, Virginia from Michael C. Lindsay of Lindsay Automotive Group to Paul Ver…

Dwight Capital Arranges $66M Loan for 312-Unit Abilene Rental Community

Martin Inderman Development obtained a $66 million HUD 221(d)(4) construction loan for The Lariat at Abilene, a 312-unit luxury multifamily development in Abilene, TX. Situated on 13 acres, the property will consist o…

News | Trammell Crow finishes construction of luxury apartment complex in Frisco, Texas

HelloNation Explains Condo Insurance With Insights From Insurance Agent Tony Lopez

The article outlines essential condo insurance coverage options and how policies protect unit owners beyond association master policies. WINTER PARK, Fla., June 8, 2026 /PRNewswire/ -- What coverage options are availa…

601W Secures $132M to Buy Brookfield’s Downtown L.A. Office Tower

Another of the last few towers that once made up Brookfield ’s expansive but distressed office portfolio in Downtown Los Angeles has a new owner. 601W Companies acquired the 55-story Class A office building at 333 Sou…

601W Secures $132M to Buy Brookfield’s Downtown L.A. Office Tower

The Inner Circle acknowledges Tanya M. Niedzwiecki as a Pinnacle Professional Member Inner Circle of Excellence

MUSKEGO, Wis., June 8, 2026 /PRNewswire/ -- Prominently featured in The Inner Circle, Tanya M. Niedzwiecki is honored as a Pinnacle Professional Member Inner Circle of Excellence for her contributions to Residential R…

Colliers Pegs Bay Area World Cup Windfall at Up to $630MM as Santa Clara Takes Center Stage

A new Colliers report projects the 2026 FIFA World Cup will generate as much as $630 million in economic impact across the San Francisco Bay Area, with Santa Clara County capturing the largest share as six matches com…

Top agent Kris Zacuto joins Christie’s International Real Estate Southern California

Christie’s International Real Estate Southern California has expanded its presence in the Silicon Beach and South Bay luxury markets with the addition of luxury real estate adviser Kris Zacuto as director of luxury es…

Gantry Secures $40M Construction Takeout Loan for St. Paul Multifamily

Gantry has secured a $39.5 million permanent loan as construction takeout financing for the Edison at Woodbury apartments located at 326 Karen Drive in Woodbury, Minnesota, a Twin Cities suburb east of St. Paul. The r…

New Restaurant Approved For Busy Danbury Shopping Center

Developer plans $131M industrial park in Fairfield

Newmark Arranges $53M Sale of Waterford Apartments in Everett

Newmark has arranged the $53.3 million sale and Freddie Mac financing of Waterford Apartments, a 200-unit apartment community in Everett, Washington. The transaction is the highest price paid for a multifamily communi…

Microsoft Adds to Goodyear Data Center Property Locations

Microsoft spent over $130 million for a 100-acre site in Goodyear. The Phoenix Business Journal reports the property, owned by Industrial Realty Trust, is adjacent to an additional 150 acres the company bought back in…

Golden Valley Celebrates Opening of New Luxury Apartment Complex

RXR Puts Helmsley Building Up for Sale for Roughly $670M

Scott Rechler ’s RXR is putting the landmarked Helmsley Building up for sale more than two years after defaulting on a loan tied to the Midtown property, Commercial Observer has learned. RXR is asking for roughly $670…

Chicago's Tier 1 office vacancy expected to drop through 2030

IEQ Capital Welcomes Lauren Hoffman as Managing Director

HOUSTON, June 8, 2026 /PRNewswire/ -- IEQ Capital ("IEQ"), an independent wealth management firm and multi-family office overseeing $46.6B in regulatory assets under management (RAUM1), today announced that Lauren Hof…

Industrial sector sole bright spot in Minneapolis region: survey

Contractors across the Upper Midwest reported weaker activity, persistent uncertainty and rising costs, according to the Federal Reserve Bank of Minneapolis.

Transwestern Attracts Walker & Dunlop Debt & Equity Team

Houston-based Transwestern has added a team of eight specialists to its national debt & equity placement team. Co-led by Executive Managing Directors Tom Melody and Tom Fish, the group brings a track record of origina…

Reside Craftsman, A Wyndham Residence Further Expands Reside's Coast to Coast Collection With a New Los Angeles Offering

LOS ANGELES and SEATTLE, June 8, 2026 /PRNewswire/ -- Reside, a Wyndham Residence - continues its strategic growth in key urban markets with the launch of Reside Craftsman, A Wyndham Residence, a 110-unit property loc…

PG&E Doubles Santa Teresa Substation Capacity to 80MW in San Jose, Clearing Path for Equinix Data Center Growth

PG&E has completed an expansion that doubles the capacity of its Santa Teresa Substation in South San Jose to 80 megawatts, the first major grid delivery under the utility’s landmark agreement with the City of San Jos…

Prosecco DOC Announces New and Returning Retail Partners for 9th and Largest Edition of National Prosecco Week

Leading U.S. retailers, including Total Wine & More, Costco Wholesale, Albertsons Vons Pavilions, Binny's Beverage Depot, Twin Liquors and more, join the nationwide celebration. NEW YORK, June 8, 2026 /PRNewswire/ --…

Commercial Real Estate Roundup for June 5, 2026

San Francisco Investor Buys Gump Family’s Majority Stake in 32,000 SQFT 250 Post for $19.15MM

A local investor with a personal tie to the property has acquired the Gump family’s controlling interest in 250 Post Street, ending an ownership run on the Union Square trophy that stretched back to 1908 and signaling…

Cinnaire Closes $307M Low Income Housing Tax Credit Equity Fund

Cinnaire announced the closing of a $307 million Low-Income Housing Tax Credit (LIHTC) equity fund, the second largest investment in the organization’s history. Cinnaire’s Fund for Housing Limited Partnership 45 (Fund…

8-year-old boy hit by vehicle at Des Moines apartment complex, critically injured

Construction Lenders Confront a Shifting Risk Map in 2026 as Data Center Race, PFAS Liability and Permitting Delays Reshape Underwriting

Construction risk has not disappeared from the lending landscape heading into 2026—it has migrated into new territory, from the breakneck data center buildout to newly regulated PFAS contamination, according to the ei…

Ameriprise Financial Renews 38K SF at Durst’s One World Trade Center

Global financial services firm Ameriprise Financial has extended its stay at One World Trade Center , Commercial Observer has learned. Ameriprise’s 37,704-square-foot office space at the Financial District tower was r…

City of San Francisco Expands 1455 Market St. Lease by 502,000 SQFT in $1B-Plus Deal, the Region’s Largest Since 2018

San Francisco has committed to its largest office lease since 2018, expanding the city government’s footprint at Hudson Pacific Properties’ 1455 Market St. tower by more than half a million square feet and planting a…