July 2026

Construction job openings hit 10-month high in May

The increase, paired with the industry’s layoff and hiring rate, shows an uneven environment for labor demand, economists said.

JLL Negotiates Sale of 1 MSF Industrial Park in Northwest Houston

HOUSTON — JLL has negotiated the sale of a six-building, 1 million-square-foot industrial park in northwest Houston. Northwest Spur Industrial Park spans 43.5 acres and houses shallow-bay buildings that were construct…

The ROAD housing bill’s biggest breakthrough isn’t the investor ban. It’s supply.

Congress is finally treating housing affordability as a production problem rather than simply another demand problem. Much of the attention surrounding the 21st Century ROAD to Housing Act has focused on its restricti…

10 critical hospitality challenges AI is transforming and why hotels can no longer ignore them

RateGain's VP APAC MENA outlines 10 AI use cases for hotels, from predictive pricing to 24/7 chat, as 70% of APAC travelers already use AI across the travel journey.

Newmark Arranges Sale of 586-Unit Multifamily Portfolio in Haltom City, Texas

HALTOM CITY, TEXAS — Newmark has arranged the sale of a portfolio of two multifamily properties totaling 586 units in Haltom City, a northern suburb of Fort Worth. Hidden Lakes and The Ranch at Fossil Creek total 312…

CRE group rebrands as Commercial Real Estate Development Association

Prudent Growth Acquires 28,850 SF Retail Center in Rowlett, Texas

ROWLETT, TEXAS — North Carolina-based investment firm Prudent Growth Partners has acquired Scenic Square, a 28,850-square-foot retail center in Rowlett, approximately 20 miles northeast of Dallas. The sales price was…

The Richman Group Names Abby Perez Director of Development to Support Southwest Expansion

PHOENIX, July 1, 2026 /PRNewswire/ -- The Richman Group Development Corp. announced the appointment of Abby Perez as Director of Development for the Richman Group of Arizona, strengthening the company's affordable and…

198± AC QUARRY IN HUDSON VALLEY AVAILABLE VIA BANKRUPTCY SALE WITH HILCO GLOBAL

NORTHBROOK, Ill., July 1, 2026 /PRNewswire/ -- The Hilco Global Real Estate Practice is marketing the sale of a 198± AC aggregate quarry and production facility located in Woodbury, New York. Supported by an estimated…

WeWork to Expand Plano Coworking Space by 26,888 SF

PLANO, TEXAS — WeWork will expand its coworking space in Plano by 26,888 square feet. Upon opening in the coming weeks, the space will span 53,776 square feet across two floors within Legacy Town Center, located at 69…

Big Wave Center Opens, Creating New Opportunities for Adults with Intellectual and Developmental Disabilities in San Mateo County

Innovative Half Moon Bay campus brings together housing, employment pathways, lifelong learning, wellness, and community connection through partnerships with leading nonprofit providers. HALF MOON BAY, Calif., July 1,…

Ceronix Sells 61,334-SQFT Auburn Gaming Screen Manufacturing HQ in Sacramento for $8.5MM

AUBURN, Calif., June 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of…

Assort Health Secures 62,400 SQFT Lease at One Market Plaza’s Spear Tower in San Francisco

A healthcare AI unicorn with 20x revenue growth and $222 million in fresh capital commits to three upper floors of One Market Plaza’s Spear Tower — giving an ownership group racing to refinance $850 million in debt be…

Cloud Capital Establishes Core Joint Venture Strategy Seeded with over $6 Billion of Assets with Realty Income and a Global Institutional Investor

WASHINGTON, July 1, 2026 /PRNewswire/ -- Cloud Capital, a leading global data center investment management firm, today announced the launch of Cloud Capital's Core Joint Venture Strategy ("Core JV"), with Realty Incom…

REITs Deserve a Second Look for Safe Haven Investing

Investors entered 2026 with a degree of confidence in a playbook that, for much of the past decade, had proved reliable: In periods of market stress, traditional safe havens such as gold, bonds and, for some, crypto w…

Starwood Capital Closes $10.2B Opportunistic Fund

Starwood Capital Group has held the final closing of Starwood Distressed Opportunity Fund XIII, raising more than $10.2 billion in capital commitments from over 300 new and existing investors across approximately 20 c…

Pepper Lane Properties Lists 20,000 SQFT Los Gatos Office and Retail Building for $13MM

Pepper Lane Properties has placed a half-vacant, two-story office and retail building on one of Los Gatos’s busiest commercial corridors up for sale at $13 million, betting that an owner-user will pay a premium for th…

Webull Launches AI-powered Portfolio Advisor at New York Event

Company also highlights Webull Institutional and previews next-generation investing and trading innovations NEW YORK, July 1, 2026 /PRNewswire/ -- Webull (NASDAQ), an online investment platform, hosted its mid-year in…

Terreno Lands New Tenant for 94,000 SQFT Union City Building After Tenaya’s $2MM Early Lease Exit

Terreno Realty Corporation backfilled a 94,000-square-foot Union City industrial building almost immediately after its biopharmaceutical tenant agreed to pay roughly $2 million to walk away nearly five years before it…

Retail leasing outlook strong as supply pipeline builds; demand to outpace availability in near term: Cushman & Wakefield

Investment Firm Cerberus Capital Renews 131K SF at 875 Third Avenue

An alternative investment firm is staying put at its office in Midtown East, Commercial Observer has learned. Cerberus Capital Management , which invests in credit, private equity and real estate, has renewed its 131,…

Boyd Watterson Acquires UC Davis Health-Leased, 82,053 SQFT Sacramento Warehouse for $41MM

Boyd Watterson Asset Management has paid $41 million for a newly built, LEED Gold industrial facility in Sacramento that houses UC Davis Health’s pharmacy distribution operation, paying nearly four times the national…

New Michigan distribution center expands service across North America

Nuveen, TIAA and Principal® Expand Access to Guaranteed Lifetime Income, Marking the Milestone with Bobby Bonilla on His Annual Payday

Bobby Bonilla joins Nuveen and Principal Financial Group® at Camden Yards to celebrate the value of guaranteed lifetime income in retirement, as Nuveen Lifecycle Income Index CITs become available on the Principal pla…

S.F. office vacancy drops amid record tenant demand from AI companies

Gilbane Development Breaks Ground on Office-to-Residential Conversion Project in Arlington, Virginia

ARLINGTON, VA. — Gilbane Development has begun the conversion of a six-story, 121,200-square-foot vacant office building at 3601 Wilson Blvd. in Arlington’s Virginia Square neighborhood. Dubbed Renley, the redevelopme…

Welcome Group Inks Full-Building Industrial Lease in Durham, North Carolina Totaling 100,100 SF

DURHAM, N.C. — Welcome Group has executed a 100,100-square-foot full-building lease at Welcome Venture Park, an industrial and flex business park under construction in Durham. The undisclosed tenant will occupy Buildi…

Hillpointe Opens 216-Unit Attainable Housing Community in Metro Atlanta

NEWTOWN COUNTY, GA. — Hillpointe has opened Pointe Grand Covington, a 216-unit attainable multifamily community located at 8000 Revolution Way in Covington, about 36 miles east of Atlanta. Pointe Grand Covington featu…

Alexandria Real Estate Equities, Inc. Highlights Longstanding Partnership with the National Medal of Honor Museum Foundation as America Commemorates the 250th Anniversary of Its Founding

PASADENA, Calif., July 1, 2026 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative Megacampus™ ecosys…

ARK Homes Begins Pre-Leasing Efforts for The Reserves at Three Ridges Apartments in Knoxville, Tennessee

KNOXVILLE, TENN. — ARK Homes for Rent has begun pre-leasing efforts for The Reserve at Three Ridges, a 126-unit build-to-rent townhome community located in northeast Knoxville. The community offers three- and four-bed…

La Scuola Opens 20,370 SQFT, $34.85MM Vertical Campus at 3270 18th Street in San Francisco’s Mission

La Scuola International School has completed a purpose-built, four-story campus in San Francisco’s Mission District, capping a roughly $35 million project financed largely through an oversubscribed tax-exempt bond sal…

Madison Realty Capital Provides $61M Bridge Loan for Northern New Jersey Apartment Complex

NORTH BERGEN, N.J. — Madison Realty Capital has provided a $61 million bridge loan for Braddock Park West, a 10-story apartment building located outside of New York City in North Bergen. Completed earlier this year, B…

Partnership Breaks Ground on 213-Unit Multifamily Project in Brooklyn

NEW YORK CITY — A joint venture between Slate Property Group and Thorobird Cos. has broken ground on a 213-unit multifamily project in Brooklyn. Designed by Think! Architecture + Design PLLC, the building will be loca…

Changes to Pell Grants are a win for America’s workforce

Starting Wednesday, the grants can go toward short-term trade education, a major win for an industry in desperate need of skilled workers, writes the CEO of Stanley Black & Decker.

JLL Negotiates Sale of 200-Unit Apartment Complex in Halfmoon, New York

HALFMOON, N.Y. — JLL has negotiated the sale of The Kensington at Halfmoon, a 200-unit apartment complex located on the northern outskirts of Albany. Built in 2014, the property features one- and two-bedroom units wit…

San Francisco’s Record Rent Surge Spills Into Oakland, Driving the East Bay’s Biggest Gain Since 2023

San Francisco apartment rents posted the fastest annual growth of any U.S. city this year, and that pressure is now flowing across the Bay Bridge into Oakland, which logged its strongest rent increase in three years,…

Asos Sells Atlanta Warehouse Lease For £48M To DHL Unit

PEAK ROCK CAPITAL AFFILIATE SELLS SAM TO NEW MOUNTAIN CAPITAL

Under Peak Rock's ownership, SAM more than doubled revenue, expanded its technology offering, and added 25 offices to better serve utility and critical infrastructure customers AUSTIN, Texas, July 1, 2026 /PRNewswire/…

Largo Capital Arranges $17.5M Permanent Loan for Buffalo Industrial Building

BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has arranged a $17.5 million permanent loan for a 275,000-square-foot industrial building in Buffalo. The building, the address of which was not discl…

NAIOP rebrands to CREDA as it seeks to expand membership, advoacy

Bow River Capital Completes Platform Integrations and Achieves Additional Major Milestones Resulting in Managed Capital¹ Surpassing $7.4 Billion

Rodeo Region-Based Multi-Asset Alternative Investment Platform Offers Investors Private Equity, Private Credit, Real Estate, and Venture Capital Strategies DENVER, July 1, 2026 /PRNewswire/ -- Bow River Capital, a Den…

Bridgepoint’s $1.39B Kayne Anderson Real Estate Buyout Hands a London Owner One of the Bay Area’s Busiest Light-Industrial Buyers

A London-listed private markets firm has agreed to buy Kayne Anderson Real Estate for roughly $1.39 billion, putting a UK owner atop a platform that over the past year has emerged as one of the most aggressive accumul…

IRACE Establishes Board of Advisors to Support Institutional Growth Across Traditional and Digital Asset Banking*

The board brings together senior leaders from banking, asset servicing, institutional finance, and digital asset markets to support IRACE's next phase of growth AUSTIN, Texas, July 1, 2026 /PRNewswire/ -- IRACE Digita…

Laasie and Stayntouch Announce Strategic Integration to Power Next-Generation Hotel Loyalty Experiences

Laasie and Stayntouch have integrated their loyalty and cloud PMS platforms, giving hotels real-time profile sync, flexible reward options, and tools to boost direct bookings across 3,000+ properties.

Starwood Capital Group Raises $10.2 Billion Opportunistic Real Estate Fund

Restoring An Industrial Core The Nonprofit Way: What Buffalo’s Northland Corridor Can Teach Other Cities

By Rebecca Gandour, executive vice president, Buffalo Urban Development Corp. America’s economic engine was once largely fueled by its industrial might, with manufacturing powerhouses found throughout the Midwest and…

Advance America Launches App in ChatGPT for Instant, On-Demand Access to Financial Services Information

Advance America Meets Customers Where They Are with App in ChatGPT GREENVILLE, S.C., July 1, 2026 /PRNewswire/ -- Advance America, a nationally recognized consumer lender serving customers since 1997, announced the av…

NAIOP becomes the Commercial Real Estate Development Association

EQT Lines Up $1B Refi for 16 MSF Portfolio

EQT Nears $1B Refi for 16 MSF Portfolio