July 2026

Marcus & Millichap Brokers $22 Million Sale of Mixed-Use Property in Pasadena, California

Aerospace Firm Spending $75M on Orlando Plant

Extant Aerospace broke ground on a new 376,000-square-foot industrial manufacturing facility in Melbourne. Michael Moss II of Lightle Beckner Robison represented Extant Aerospace securing the building. The Orlando Bus…

Colliers Negotiates Sale of 111,852-Square-Foot Shopping Center in Asheville, North Carolina

Housing Market Spotlight: The local markets behind this week’s national story

The Fourth of July holiday did exactly what it always does: it made the housing market look weaker than it really was. Mortgage rates moved toward the upper end of HousingWire Lead Analyst Logan Mohtashami’s for…

Revinate thinks the AI trusts your guests more than your brand

We didn't go to HITEC 2026 for the demos. We went for the conversations. We sat down with exhibitors right there on the show floor. No script, no prepared questions, just one starting point: tell us what you do, in pl…

Reports: Airbnb Buys Midtown Manhattan Office Building for $81.5M

NEW YORK CITY — San Francisco-based Airbnb has purchased 281 Park Avenue South, an office building in Midtown Manhattan, for $81.5 million, according to reports from multiple news outlets, including The Wall Street Jo…

JLL Arranges $28.2M Sale of Westwood Town Center in Suburban Cleveland

ROCKY RIVER, OHIO — JLL Capital Markets has arranged the $28.2 million sale of Westwood Town Center, a shopping center in Rocky River near Cleveland. Built in 1988, the property totals 226,155 square feet. Anchor tena…

Marcus & Millichap Brokers Sale of 916-Unit Self-Storage Property in Chicago

CHICAGO — Marcus & Millichap has brokered the sale of a 916-unit Public Storage property in Chicago. Completed in 2024, the self-storage facility consists of climate-controlled units totaling 72,899 rentable square fe…

As AI Reshapes Hospitality, Authentic Human Connection Remains the Ultimate Differentiator

The author argues that AI should handle back-office tasks to free hotel staff for authentic guest interactions, positioning human connection as the hardest-to-replicate competitive differentiator.

HODC Opens 48-Unit Permanent Supportive Housing Community in Northbrook, Illinois

NORTHBROOK, ILL. — Nonprofit developer Housing Opportunity Development Corp. (HODC) has opened Poupard Place, a permanent supportive housing community in Northbrook. The 48-unit, four-story community at 1593 Shermer R…

JLL Brokers Sale of 237,880 SF Logistics Facility in Wilmington, Massachusetts

WILMINGTON, MASS. — JLL has brokered the sale of a 237,880-square-foot logistics facility located at 800 Salem St. in Wilmington, a northern suburb of Boston. Completed in 2025, the building features a clear height of…

Greenstone Partners Negotiates $4M Sale of Apartment, Retail Building in Chicago

CHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W. Randolph St., the four-story asset t…

LBA Logistics Acquires 350K-SF Forsyth County Warehouse Pair

LBA Logistics recently purchased two industrial properties in the Union Cross Industrial Park near Winston-Salem for $38.16 million. The seller was Westcore. The Triad Business Journal reports Westcore purchased the t…

Gantry Arranges $11.5M Loan for Refinancing of Long Island Self-Storage Facility

ISLAND PARK, N.Y. — San Francisco-based intermediary Gantry has arranged an $11.5 million loan for the refinancing of a 740-unit self-storage facility located in the Long Island township of Island Park. Public Storage…

Slate, RiseBoro Land $163M Loan for Two Williamsburg Housing Projects

Slate Property Group and RiseBoro Community Partnership have secured the financing to build 312 units of affordable housing in Williamsburg, Brooklyn. The joint venture led by the affordable housing development firm b…

Charlotte’s Spectrum Companies Acquired by Lincoln Property Company

Dallas-based Lincoln Property Company (“Lincoln”), a global full-service real estate firm, acquired The Spectrum Companies (“Spectrum”), a Charlotte-based, full-service real estate firm. The acquisition enhances Linco…

RH Outlet Opens 50,700 SF Store at Ikea Drive Plaza in Paramus, New Jersey

PARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space t…

CBRE Brokers $77.5M Sale of Apartment Community in Oceanside, California

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital.…

BKM Capital Partners Acquires 401,000 SF Industrial Portfolio Near Seattle

TUKWILA AND KENT, WASH. — BKM Capital Partners has purchased a five-building, 401,000-square-foot industrial portfolio in metro Seattle. Terms of the transaction were not disclosed. Spanning 19 acres and offering 21 u…

First Washington Realty Acquires 123,562 SF Retail Center in Bellevue, Washington

BELLEVUE, WASH. — First Washington Realty has acquired Evergreen Village, a 123,562-square-foot, grocery-anchored community shopping center located across Lake Washington from Seattle in Bellevue. Terms of the transac…

Can the housing market still grow with mortgage rates over 6.64%?

Mortgage rates are close to a yearly high, and Federal Reserve members have been sounding hawkish over the past two months, which has finally pushed rates above a key level for my demand model: 6.64%. The question is:…

TIF approved by Kearney city council for 60-unit apartment complex on the south side of Kearney

ARKA Properties Groups Purchases 98,820 SF Industrial Building in Sandy, Utah

SANDY, UTAH — ARKA Properties Group has purchased a 98,820-square-foot industrial building in Sandy, part of the Salt Lake City metro area, from a Southern California-based private developer. Lucas Burbank, Jeff Heato…

Higher mortgage rates push applications lower after holiday week

Mortgage applications fell last week as borrowing costs increased, with the average rate on a 30-year fixed mortgage reaching its highest level in nearly a year, according to the Mortgage Bankers Association’s (MBA) w…

T. ROWE PRICE EXPLORES WHAT INVESTORS CAN LEARN FROM HILTON WORLDWIDE'S GROWTH MODEL AND VIRTUOUS BRAND FLYWHEEL

Newest episode of "The Angle" from T. Rowe Price features a conversation with Hilton Worldwide President and CEO Chris Nassetta on customer loyalty, business growth, culture, and how the travel experience is evolving…

Residents Buy 82-Space Alisal Country Estates Mobile Home Park in Salinas for $12MM

The residents of Salinas’ 82-space Alisal Country Estates Mobile Home Park have collectively purchased the property for $12 million, converting a rented-land community into one of the region’s first resident-owned par…

New York’s Fair Fares Expansion Is a Win for Affordable Housing

In a city of straphangers, transportation is about far more than just moving people from Points A to B. It is the thread that ties everything together, connecting New Yorkers to their homes, education, health care, en…

Why is Selling Leisure so Hard?

The global leisure economy is projected to grow from $5.5T to $9.57T, but operators face structural sales challenges rooted in consumer psychology, optional spending, and infinite competition.

Wholesale Inflation Follows Consumer Prices with June Decline

U.S. wholesale inflation followed the example of consumer price inflation in June with a monthly decline. The Producer Price Index for final demand fell by a seasonally adjusted 0.3% in June after rising 1.1% the prev…

DeNardi Wang Homes Nears 216-Unit Condo Tower as Mountain View Moves to Sell Gamel Way

Mountain View is preparing to sell off an entire public street to clear the way for a seven-story, 216-condominium tower from DeNardi Wang Homes, doubling the size of a project the city first approved half a decade ag…

Project type ‘more than likely’ contributed to structural failure in NYC: ASCE engineer

The nature of the office-to-apartment conversion job probably meant the Manhattan building couldn’t support the extra weight, said ASCE’s former president.

Lofty adds one-click Showami integration for on-demand showings

Showami and Lofty have launched an integration that lets real estate agents request and track on-demand showings directly from the Lofty CRM, the companies announced. The connection brings Showami’s on-demand showing…

The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet

A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards and equipment lots, industrial outdoor storage has become one of commercial real estate’…

WareSpace Adds Five Properties to Growing National Platform Through First Portfolio-Level Acquisition

The deal marks WareSpace's largest acquisition to date and expands its footprint in four key markets as co-warehousing continues to attract institutional capital. WASHINGTON, July 15, 2026 /PRNewswire/ -- WareSpace, a…

San Francisco’s Office-to-Housing Pipeline Clears 300 Units as AI Rebound Squeezes Conversion Candidates

After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300 units this month, even as a resurgent tech market drives up b…

The Bascom Group Acquires 183-Unit Value-Add Apartment Community in Buena Park, California for $53.125 Million

IRVINE, Calif., July 15, 2026 /PRNewswire/ -- The Bascom Group, LLC ("Bascom") has acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in the highly desirable Orange County inves…

71,000 SQFT Class A Headquarters at Pleasanton’s Bernal Corporate Park Hits the Market, Leased to Rimini Street Through 2027

A freestanding, three-story Class A office building in Pleasanton’s Bernal Corporate Park has hit the market as a rare owner-user opportunity, fully occupied by Rimini Street under a lease that runs into January 2027…

Increased Common Dividend Declared by NNN REIT, Inc.

-- Marks 37th Consecutive Annual Dividend Increase -- ORLANDO, Fla., July 15, 2026 /PRNewswire/ -- The Board of Directors of NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company"), a real estate investment trust, today a…

Nomadar Completes Acquisition of Land for the Development of JP Financial Arena

Transaction consolidates Company's control over a strategic asset in Spain and strengthens its global platform across sports, tourism, technology, entertainment, and MICE tourism MARSHALL, Texas, July 15, 2026 /PRNews…

Driving Net Operating Income (NOI) One of the Most Powerful Ways to Potentially Create Value in Real Estate

By Dwight Kay and the Cove Capital Investments, LLC Team LOS ANGELES, July 15, 2026 /PRNewswire/ -- Article Summary One of the most powerful ways to create value in commercial real estate is by increasing a property's…

Cultivated Meat Company Upside Foods Leases 19,000 SQFT at 6101 Christie Avenue in Emeryville

Upside Foods, the cultivated meat company that raised more than $600 million at a billion-dollar valuation and then cut staff three times in 13 months, has leased 18,505 square feet at 6101 Christie Avenue in Emeryvil…

$20M renovation underway at uptown office tower as owners chase new tenants

Milo’s Opens Fourth Major Facility With Alabama Distribution Center

Baiju Bhatt’s Aetherflux, Now Cowboy Space, Leases 15,000 SQFT at 1710 Industrial Road in San Carlos

The space-based solar power startup founded by Robinhood co-founder Baiju Bhatt leased 14,825 square feet at 1710 Industrial Road in San Carlos, then renamed itself Cowboy Space Corporation and raised $275 million at…

Tanger shopping center growth opportunity driven by consumer demand

Upgrades under way at Chase City shopping center

United Kingdom Turns Commercial Property Growth into Passenger Rail as Oxfordshire Links Enterprise Zone Rates, Developer Levies and Parking Reform to Cowley’s Two New Stations

Hotel developer buys Miami-Dade apartment complex for $21M

What Great Musicians Can Teach Us About Customer Service

Using a music analogy, Shep Hyken maps five customer journey phases from uncertainty to amazement, arguing consistent experiences turn first-time buyers into loyal fans.

Mill Creek Announces Start of Preleasing at Modera Weston

Garden-Style Community Adds 172 Homes to Thriving Locale 15 Miles West of Boston WESTON, Mass., July 15, 2026 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager speciali…