June 2026

Prologis buys Broward industrial park for $352M

Blue Owl Provides $975M Recap of Northern Virginia Data Center Development

The data center capital rush continues, this time in Virginia with one of the state’s largest commercial real estate projects securing nearly $1 billion in new financing. A joint venture between Corscale Data Centers…

City of San Francisco Adds More Than 500K SF to Footprint at Hudson Pacific Office Tower

The City of San Francisco is more than doubling its presence at 1455 Market St., an office tower once home to Uber. The San Francisco Chronicle reported that the municipal government will add 502,000 square feet at th…

NetVendor Accelerates the Full Vendor Lifecycle with AI Across Sourcing, Bidding, Contracts, and Compliance

Five new AI-driven capabilities reduce manual work and eliminate friction across vendor management — giving property management companies faster execution without compromising vendor governance. AUSTIN, Texas, June 9,…

TaylorMade Golf tees off on Indiana distribution center

CFG Bank Launches CFG Mortgage Partners; Appoints Industry Veteran Dan Sacks to Lead New Initiative

BALTIMORE, June 9, 2026 /PRNewswire/ -- CFG Bank, a leader in providing flexible financing and online banking solutions to the nationwide healthcare and multifamily financing industries and Mid-Atlantic commercial ban…

ATTOM INTRODUCES RESISCORE, DELIVERING AI-POWERED NEIGHBORHOOD RANKINGS FOR RESIDENTIAL REAL ESTATE

New analytics offering helps investors, builders, lenders, and real estate professionals identify high-performing neighborhoods within housing markets IRVINE, Calif., June 9, 2026 /PRNewswire/ -- ATTOM, the leading pr…

AI Firm Altana Relocates and Expands to 62K SF at Vornado’s Penn 2

The New York Knicks and the San Antonio Spurs weren’t the only ones making moves in Manhattan’s Penn District this week, as an artificial intelligence data firm quadrupled the size of its headquarters in a relocation…

Naeem Real Estate Holding Group evaluates transfer of select assets to real estate fund

BOI approves P1.98B in housing, industrial park projects

Newmark Represents Brooklyn Defender Services in 212,000-SF Headquarters Lease at Tishman Speyer's The Wheeler

NEW YORK, June 9, 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 corporatio…

Apex Investments Files Plans for 224 Apartments in Brooklyn

A large apartment building might be coming to Brooklyn on the edge of Prospect Lefferts Gardens and East Flatbush. Local developer Apex Investments Real Estate has filed plans with the New York City Department of Buil…

Mortgage credit availability edges higher in May

Mortgage credit availability inched higher in May, driven by a modest loosening in jumbo loan programs, according to the Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers Association (MBA) that analy…

Suffolk Unveils AI-Enabled “Jobsite of the Future” Operating Model

Boston-based construction management firm on Tuesday launched Jobsite of the Future, which the company described as a first-of-its-kind AI-enabled operating model designed to transform how construction projects are de…

Toyo Spending $357M on Houston Factory Expansion

Toyo Co . will add 1.5 gigawatts of production capacity at its existing Houston-area site, investing $357 million. The new investment is to make solar cells, a component of solar modules. Toyo said the project will cr…

UWM sanctioned after judge orders Ishbia deposition

A federal judge has ordered United Wholesale Mortgage (UWM) to make its CEO, Mat Ishbia, available for a deposition in a dispute with Atlantic Trust Mortgage Corporation . The judge also imposed a sanction for civil c…

News | New senior director named at Turton Commercial Real Estate

Existing home sales rise 3.2% in May to 4.17 million

The pace of existing home sales jumped 3.2% month-over-month in May to a seasonally adjusted annual rate of 4.17 million units, according to the National Association of Realtors’ (NAR) May Existing Home Sales report r…

Strong jobs data, inflation concerns keep mortgage rates elevated

Mortgage rates continue to stay above 6.7%, but housing demand remains positive, with growth in weekly pending sales, new listings and active inventory combatting a high rate cycle. At HousingWire ’s Mortgage Rates Ce…

Shein opens new distribution center in Ireland for European logistics

Amtrak, USDOT Unveil Renderings for NY Penn Station Redevelopment

U.S. Department of Transportation Secretary Sean P. Duffy, Special Advisor to the Amtrak Board Andy Byford and Penn Transformation Partners (PTP) have unveiled the design renderings for the redevelopment of New York P…

Tenants of apartment complex in Cumru voice concerns about living conditions

Western Computer and Microsoft to Host Navigate Forward: Business Central & The AI Advantage Event in Downers Grove, IL

Manufacturing and distribution leaders invited to explore ERP modernization, AI, and the future of Dynamics 365 Business Central at Microsoft's Downers Grove office CHICAGO, June 9, 2026 /PRNewswire/ -- Western Comput…

Developer of 7-story apartments near UK drops project after neighbors push back

Authority Brands Chooses Cobb County County for New HQ

Authority Brands plans to build a nearly 50,000-square-foot “Franchise Success Center” in Cobb County. The company will spend $13 million on its new headquarters, which will include 390 workers. Authority Brands is a…

Levin Management expands NYC Metro portfolio with Tysen Park Shopping Center assignment

Craig International Unveils Plans for $200M Mixed-Use Redevelopment in McKinney, Texas

MCKINNEY, TEXAS — Local developer Craig International has unveiled plans for Rowlett Station, a $200 million mixed-use redevelopment project in McKinney, a northern suburb of Dallas. The project involves the 58-acre f…

Data Center Growth Fuels Gray's Rise in ENR Rankings

LEXINGTON, Ky., June 9, 2026 /PRNewswire/ -- Engineering News-Record (ENR) has recognized Gray among the nation's leading contractors in its annual Top 400 Contractors report, including a significant rise to the top 1…

Partnership Acquires 549,170 SF Pinnacle Tower Office Building in North Dallas

DALLAS — A partnership between Estein USA and Vanderbilt Office Properties has acquired Pinnacle Tower, a 549,170-square-foot office building in North Dallas. The seller was New York Life. The 24-story building, which…

Martha Stewart, Trex team up on outdoor living for remodelers, builders

WINCHESTER, Va. — Trex Company has formed a brand partnership with Martha Stewart to promote composite decking and outdoor living products, a move aimed at driving higher-end exterior upgrades among homeowners, the co…

These 2026 Surprises Are Reshaping the Hospitality Market

Many hospitality investors entered 2026 with a familiar set of assumptions: Interest rates would remain elevated, sellers would continue to resist price discovery, and transaction activity would improve only gradually…

Bradford Arranges Sale of 41,780 SF Industrial Flex Building in Haltom City, Texas

HALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive forme…

Helaba Lends $93M on Suburban Seattle Luxury Apartments Project

Alliance Residential Company has sealed $92.9 million of construction financing to develop a luxury apartment complex in suburban Seattle, Commercial Observer has learned. German bank Helaba provided the loan on Allia…

Barcel USA Signs 24,178 SF Industrial Lease in Irving

IRVING, TEXAS — Barcel USA, a local snackmaker, has signed a 24,178-square-foot industrial lease in Irving. The space is located within Building II of Freeport Business Park. John Paul Floyd of CBRE represented the te…

Mom-and-Pop Industrial Outdoor Storage Owners Cash In

The industrial outdoor storage (IOS) market has traditionally consisted of thousands of self-contained land parcels — some housing a small building, some just bare — used for the storage of large equipment like shippi…

Earlytrade Raises $25MM to Deploy Agentic AI Across the Construction Payments Ecosystem

S3 Ventures & Brick & Mortar Ventures lead Series A as Earlytrade posts 7X US revenue growth; Scott Wolfe, founder of Levelset, joins board DENVER, CO, JUNE 9, 2026 – Earlytrade, the global fintech platform transformi…

Newmark Arranges $975M for Northern Virginia Data Center

Newmark has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in Northern Virginia. Newmark Co-Head of Global Debt & Structured Finance Jordan Roesch…

U.S. Lab Availability Declines for First Time in Years

After four years of unprecedented decline, the U.S. life sciences real estate market has bottomed out and begun to recover, JLL reported Tuesday. Lab availability has dropped by two million square feet since mid-2025,…

Quarterra Welcomes First Residents at ARCA Apartments in Las Vegas

Mid-rise community blends serene, sophisticated living with city connectivity LAS VEGAS, June 9, 2026 /PRNewswire/ -- Quarterra, an industry-leading multifamily development and investment management firm, welcomed its…

HOT PROPERTIES: South Carolina commercial real estate deals

Wendy Forsythe promoted to COO at eXp Realty

Wendy Forsythe has been promoted to chief operating officer of eXp Realty , moving into the role after two years as the brokerage’s chief marketing officer, the company announced Tuesday. Forsythe brings experience as…

Dan Firda named CEO at Brands By Integra

Dan Firda moves to Brands By Integra as CEO from Compass International Holdings , taking the reins of a 2,000-agent, multi-brand real estate platform operating across 18 states, the company announced on Monday. As par…

LM Acquires Fully-Leased Atlanta-Area Cold Storage Facility

LM Real Estate Partners acquired a newly constructed 99,750-square-foot cold storage facility for $27.5 million. Jones Development was the seller. It’s located at 109 Thompson Road in Hiram, Ga. Colliers Capital Marke…

Cronheim Arranges $33.2M in Financing for Shopping Center in New City, New York

NEW CITY, N.Y. — New Jersey-based financial intermediary Cronheim Mortgage has arranged $33.2 million in financing for a 128,801-square-foot shopping center in New City, located about 40 miles north of New York City.…

Will AI Eat Hospitality Tech by 2030, Lighthouse Launches an AI Teammate, 41M Arrivals at Risk from EU Border Delays

Tuesday brought a World Panel question that lands perfectly one week before HITEC: will AI displace established hospitality technology by 2030? Lighthouse answered with a product launch, releasing Ernest, an AI teamma…

Lighthouse Launches Ernest, the AI Teammate That Transforms General AI into Hospitality Performance

Lighthouse's Ernest connects frontier AI models to hotel-specific data, systems, and workflows, offering commercial teams intelligence, recommendations, and automated actions across 500+ hospitality platform integrati…

Beyond the Room Block: How Hotels Can Maximize Wedding Revenue During Peak Summer Season

Hotels can grow wedding revenue beyond the room block by offering hospitality suites, F&B activations, local partnerships, and personalized touches that turn one-night stays into multi-day guest experiences.

MassDevelopment Provides $29M in Bond Financing for Affordable Seniors Housing Project in Lynn, Massachusetts

LYNN, MASS. — MassDevelopment has provided $29 million in tax-exempt bond financing for a 150-unit affordable seniors housing project in Lynn, located northeast of Boston. The financing will support construction of 10…

Commercial Real Estate Services, Inc.

JLL Brokers $24.5M Sale of Industrial Service Facility in Edison, New Jersey

EDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison. The facility at 76 National Road features a 25,000-square-foot warehouse…