July 2026

Gantry Reports $2.2 Billion of Commercial Mortgage Production in H1 2026

Pfizer Incident or Not, New York Still Has a Lot of Office Conversions Left to Go

For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residential conversions ar…

The NHP Foundation, Capital A Housing and Austin Housing Finance Corporation Celebrate Opening of Seabrook Square I

New 204-unit affordable housing community expands housing opportunities for East Austin families while honoring the legacy of the J.J. Seabrook neighborhood AUSTIN, Texas, July 21, 2026 /PRNewswire/ -- The NHP Foundat…

Red Rock to Develop 519,792 SF Industrial Facility Near Columbia, South Carolina

GASTON, S.C. — Red Rock Developments plans to develop a new 519,792-square-foot industrial facility at Sandy Run Industrial Park, a 760-acre campus in Gaston, a Columbia suburb. Situated on a 54-acre site in Calhoun C…

Charlotte Warehouse Investor Pays $41.4M for 4-Building Portfolio

Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million loan for the acquisition. Adler acquired 8041, 8107, 8227 and 8301 Arrowrid…

M&T Refis 300 East 50th Street Resi Tower With $141M Loan

A joint venture consisting of Global Holdings , MAG Partners and Safanad has sealed $141.4 million of bridge debt to refinance a newly built luxury apartment tower in Midtown Manhattan’s Turtle Bay neighborhood, Comme…

Marx Realty CEO Craig Deitelzweig Spied the Office-Hospitality Connection Early

When he isn’t home tending to his alpacas — yes, he has alpacas — Craig Deitelzweig, the chief executive officer of owner Marx Realty , is working out ways to beautify the company’s office portfolio, intent on making…

Citadel Credit Union Named Official Credit Union of Drexel Athletics Through New Multi-Year Partnership

PHILADELPHIA, July 21, 2026 /PRNewswire/ -- Drexel Athletics, Citadel Credit Union, and Learfield's Dragons Sports Properties today announced a multi-year partnership naming Citadel the Official Credit Union of Drexel…

Wrangler, Alberta Boot Company, Cody & Sioux, and Astrid & Miyu Coming to 1612 South Congress

AUSTIN, Texas, July 21, 2026 /PRNewswire/ -- Quannah Partners and Fortum Ventures ("Owner") announced today that Phase I of the redevelopment has been fully leased, bringing Wrangler, Alberta Boot Company, Cody & Siou…

CrownPoint Partners Facilitates Acquisition of Take 5 Ground Lease in Panama City Beach, FL

PANAMA CITY BEACH, Fla., July 21, 2026 /PRNewswire/ -- CrownPoint Partners is pleased to announce the successful acquisition of a Take 5 Oil Change ground lease located at 11858 Panama City Beach Parkway in Panama Cit…

Skechers to open Longview store in former Big Lots

Pennrose Breaks Ground on $225M Mixed-Use Project in Buffalo’s Canalside District

BUFFALO, N.Y. — Pennrose has broken ground on North Aud Block, a $225 million mixed-use project in Buffalo’s historic Canalside district. Plans call for 251 affordable and market-rate apartments, 18,000 square feet of…

Stonemont Pursuing $70M Winder Warehouse Opportunity

Stonemont Financial Group is looking to build a 568,720-square-foot industrial facility in Winder. The Atlanta Business Chronicle reports the estimated value at build-out would be about $70 million. Winder is between…

Cushman & Wakefield Arranges 472,890 SF Industrial Lease in Metro Charlotte for American Eagle

SALISBURY, N.C. — Cushman & Wakefield has arranged a 472,890-square-foot industrial lease for American Eagle Outfitters Inc. in the metropolitan Charlotte area. The retailer will occupy a distribution center within In…

Commerce Department awards $6 million to expand McAllen industrial park

Blue Heron Breaks Ground on 269-Unit Apartment Community in Raleigh

RALEIGH, N.C. — Blue Heron Asset Management has broken ground on Rosewood, a 269-unit apartment development located at 611 W. South St. in Raleigh. The locally based developer acquired the site earlier this year for n…

Independence Is Mile One, Not the Finish Line

As AI increasingly drives hotel discovery by citing OTAs and third-party editorial over hotel websites, independent owners must prioritize earned media to build discoverable, brand-proof reputation.

California Unemployment Rate Falls to 5.2% in June, Lowest Since May 2024

California’s jobless rate ground down to its lowest level in more than a year even as employers trimmed payrolls for a second straight month, exposing a widening split between a tightening labor pool and a hiring mark…

JLL Secures $24M Refinancing for Student Housing Property Near University of Florida

GAINESVILLE, FLA. — JLL Capital Markets has secured a $24 million refinancing for The Row, a 182-bed student housing property located at 407 S.W. 13th St. near the University of Florida campus in Gainesville. Melissa…

Swig Company Lands $96MM Invesco Refinancing on 491,000 SQFT Mills Building in San Francisco

The Swig Company has refinanced its historic Mills Building in San Francisco’s Financial District with a $96 million loan from Invesco Real Estate, a vote of confidence in a downtown office market that is finally claw…

William Raveis Named Best Luxury Full-Service Real Estate Brokerage USA

SHELTON, Conn., July 21, 2026 /PRNewswire/ -- In the American luxury real estate market, scale alone is not enough. The most notable real estate brokerages are defined by the depth and quality of services they deliver…

Cushman & Wakefield Arranges $26.3M Loan for Refinancing of Bronx Apartment Building

NEW YORK CITY — Cushman & Wakefield has arranged a $26.3 million loan for the refinancing of The Bridgeline, a 91-unit apartment building in The Bronx. The 12-story building was completed in 2018 and offers amenities…

US slaps 50% tariffs on many Canada imports

The Section 338 duties apply to a wide variety of products — even if they qualify for duty-free treatment under the United States-Mexico-Canada Agreement.

RTX's Pratt & Whitney Canada to invest $275 million CAD in Longueuil facility, with support from the Canadian and Quebec governments

Funding will enhance capabilities at Pratt & Whitney Canada's global headquarters and largest manufacturing site LONDON, July 21, 2026 /PRNewswire/ -- Farnborough International Airshow — Pratt & Whitney Canada announc…

Matthews Negotiates $15.2M Sale of Mixed-Use Building in Lower Manhattan

NEW YORK CITY — Nashville-based brokerage firm Matthews has negotiated the $15.2 million sale of a 19,873-square-foot mixed-use building in Lower Manhattan. The five-story building at 158 Lafayette St., which was orig…

Landmark Manhattan Office Tower Lands $229M Refi

Berkadia Arranges $35.5M Sale, Financing of Multifamily Portfolio in Castro Valley, California

CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale and acquisition financing of two neighboring value-add multifamily communities located in Northern California in Castro Valley. Felson Cos., the ori…

GPR Ventures sells Rancho Cordova industrial park for $20M after nine-year hold

HDR Signs 74,500 SF Office Lease at 7 Penn Plaza in Midtown Manhattan

NEW YORK CITY — HDR has signed a 74,500-square-foot office lease at 7 Penn Plaza in Midtown Manhattan. The architecture and engineering firm will occupy the 15th, 16th and 17th floors of the 18-story, 357,000-square-f…

Freehold Commercial Property Anchored by Sherwin-Williams Changes Hands for $5.8 Million

Student loan defaults are rising, and Sun Belt demand may soften

Student loan delinquencies and defaults have trended upward since October 2025, when pandemic-driven policy leniency hit a hard deadline. The three U.S. credit bureaus resumed capturing and reporting student loan deli…

Port of San Francisco Bets $250,000 on Discounted Waterfront Leases to Court Maritime Startups

The Port of San Francisco is deploying a $250,000 leasing-incentive fund and a three-phase build-out plan to convert 7.5 miles of city waterfront into a magnet for maritime and ocean-economy companies, wagering that d…

America’s Real World Cup Win? The Welcome—81% of Americans Say It Made Them Proud

A U.S. Travel Association poll of 2,205 Americans finds 81% felt proud seeing international visitors during the 2026 FIFA World Cup, with 70% supporting pursuit of more major global events.

OpenSpace CEO Jeevan Kalanithi: 5 Questions

Not many proptech companies have been able to scale their technology to take advantage of the data center construction boom , but one that has cracked the code in servicing the sector’s gargantuan growth is OpenSpace…

Digital Asset Expands Oversubscribed Fundraise With Strategic Additions of Shinhan Financial Group and Standard Chartered

New investors strengthen Digital Asset's global institutional network as Canton continues to scale as onchain infrastructure for regulated capital markets NEW YORK, July 21, 2026 /PRNewswire/ -- Digital Asset, the cre…

Rechat launches AI voice assistant campaign

Rechat has launched “Hey Lucy,” a new video-first advertising campaign highlighting how real estate agents can manage their business entirely through voice commands using Lucy, the company’s AI assis…

Wells Fargo Consolidates Into 16,000 SQFT at Downtown Walnut Creek’s 2033 N Main St

Wells Fargo has committed to 15,608 square feet at 2033 N Main St in Downtown Walnut Creek, folding operations into a single office footprint as the corridor logs its first occupancy gains in more than two years. The…

How much are hotels in Spain and Iceland charging along the path of the 2026 solar eclipse?

Lighthouse data shows hotel rates in Reykjavik averaging $1,012/night and A Coruña facing 186% YoY demand growth ahead of the August 12, 2026 total solar eclipse.

Kraus-Anderson Completes $68.9M School Building in Gibbon, Minnesota

GIBBON, MINN. — Kraus-Anderson has completed a new $68.9 million PK-12 school building for Gibbon-Fairfax-Winthrop Schools in southern Minnesota’s Gibbon. Designed by Wold Architects and Engineers, the project encompa…

McShane to Build 93-Unit Affordable Housing Community in Madison, Wisconsin

MADISON, WIS. — Lincoln Avenue Communities has selected McShane Construction Co. to build Timberline Terrace, a 93-unit affordable housing community in Madison. The podium-style building will feature five wood-framed…

Walnut Creek Office Market Turns a Corner as Absorption Goes Positive for First Time Since 2023

The Walnut Creek office market posted its first quarter of positive net absorption in more than two years during the second quarter of 2026, pulling vacancy off its cycle peak as tenants chased higher-quality space ac…

Marcus & Millichap Brokers $15M Sale of Multifamily Property in Wausau, Wisconsin

WAUSAU, WIS. — Marcus & Millichap has brokered the $15 million sale of The Apartments at Riverlife, a 75-unit multifamily property in central Wisconsin’s Wausau. Dan Bowar of Marcus & Millichap represented the seller,…

Associated Bank Provides $7M in Financing for Ohio Industrial Building

PATASKALA, OHIO — Associated Bank has provided a nearly $7 million loan to Transport Properties and GFH Partners to finance a 75,250-square-foot industrial building in Pataskala, about 20 miles west of Columbus. The p…

Intercontinental Real Estate Acquires Lakeland Town Center in Metro Seattle for $69.5M

AUBURN, WASH. — Intercontinental Real Estate Corp. has acquired Lakeland Town Center, a 125,233-square-foot, grocery-anchored retail center located approximately 20 miles south of Seattle in Auburn. Built in 2002, Lak…

Brennan Investment Group Buys Three-Building, 439,600 SF Industrial Portfolio in Metro Boise

NAMPA, IDAHO — Chicago-based Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio located in Metro Boise in Nampa. Details of the transaction were not released. This purchas…

Berkadia Arranges $35.5M Sale of Two Multifamily Properties in Castro Valley, California

CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale of The Cedars and Creekside Terrace, two neighboring, value-add multifamily properties located in the Northern California city of Castro Valley. Fel…

Brennan Investment Group Buys Three-Building, 439,600 SF Industrial Portfolio in Nampa, Idaho

NAMPA, IDAHO — Chicago-based Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, located just west of Boise. Details of the transaction were not released. This pu…

InterBay launches commercial mortgage guide for brokers

Mountain View Lands $50MM State Award to Anchor 268-Unit Affirmed Housing Project and Caltrain Upgrades

Mountain View captured the largest affordable housing grant in its history, a $50 million state award that will bankroll a 268-unit complex on a former safe-parking lot while financing new Caltrain cars and a protecte…

An Interview with Expedia’s Lauren Cannon on How to Find Your Voice in Hospitality Distribution

Expedia's Lauren Cannon shares how hospitality professionals can build confidence and clarity in distribution roles by focusing on problems over solutions and engaging early rather than waiting for expertise.