August 2026

Cebu developer shifts to retail leasing with P1 billion project

JLL Income Property Trust Acquires Indianapolis Area Warehouse

CHICAGO, Aug. 12, 2026 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $6.9 billion in…

CPI inflation cools in July as shelter rises 0.1%

Inflation pulled back slightly in July, according to data released Tuesday by the U.S. Bureau of Labor Statistics . After falling 0.4% month-over-month in June , the Consumer Price Index for all items was up 0.1% from…

Richman Group Secures $225M Loan to Refinance Three South Florida Multifamily Assets

The Richman Group , an $18.5 billion asset management firm, has secured $225 million in permanent financing to refinance three stabilized luxury multifamily properties in South Florida that total 942 units. New York L…

Bright Machines Leaves San Francisco for 60,000 SQFT Burlingame Headquarters to Chase AI Manufacturing Boom

The robotics startup, backed by Nvidia and Microsoft, is abandoning a cramped 10,000-square-foot Mission District office for six times the space in Burlingame's North Rollins industrial corridor, betting that proximit…

New image reveals how dying stars return the ingredients of life to space

The Helix Nebula shows stellar debris being broken apart and recycled into the galaxy—and offers a glimpse of the Sun's distant future New discovery by MOTHRA, the new all-lens telescope under construction in El Sauce…

Heeney Capital Welcomes Launch of US$250 Million Pinnacle Steel and Vanadium Redevelopment Project in Trinidad and Tobago

POINT LISAS, Trinidad and Tobago, Aug. 12, 2026 /PRNewswire/ -- Heeney Capital ("Heeney"), a U.S. private investment firm focused on critical minerals, strategic resources, and industrial supply chains and lead invest…

AI Insurance Firm WithCoverage Signs 18K-SF Lease at 200 Varick Street

An artificial intelligence-powered insurance technology company subleasing space in Hudson Square has the attention of Gov. Kathy Hochul . While WithCoverage is only taking 17,663 square feet at GFP Real Estate ’s 200…

Optimal Blue’s Kevin Foley discusses AI Labs, Virtual Economist rollout

Earlier this week, Optimal Blue announced the general availability of Virtual Economist, an artificial intelligence -powered forecasting tool designed to help mortgage capital markets leaders analyze interest rates an…

Construction backlog plummeted to lowest level since January

Data center strength in July masked “the depth of this weakness” around bookings for contractors, said Anirban Basu, chief economist at Associated Builders and Contractors.

Paccar Parts Expands Network with New Calgary Distribution Center

Aguascalientes Inaugurates US$99 million Industrial Park

News | Developers target chipmaker's suppliers for planned Phoenix industrial park

News | Developers target TSMC's suppliers for planned Phoenix industrial park

Red Metal Leases its Irene and Margarita Copper-Gold Concessions to Local Artisanal Miner

VANCOUVER, BC, Aug. 12, 2026 /PRNewswire/ -- RED METAL RESOURCES LTD. ("Red Metal" or the "Company") (CSE: RMES) (OTCPINK: RMESF) (FSE: I660) is pleased to announce that its wholly owned Chilean subsidiary, Minera Pol…

Partnership Begins Construction on 489-Acre Industrial Park in Gainesville, Texas

GAINESVILLE, TEXAS — A partnership between B-29 Investments and Hughes Commercial has broken ground on Camp Howze Industrial Rail Park, a 489-acre industrial park in Gainesville, located north of the metroplex in Cook…

IPA Negotiates Sale of 188-Unit Apartment Complex in Arlington

ARLINGTON, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Flintridge, a 188-unit, garden-style apartment complex in Arlington. Built in 1979, Flintridge off…

New Hope Housing Completes Affordable Seniors Housing Project in East Houston

HOUSTON — New Hope Housing has completed NHH Avenue C, an affordable seniors housing project in Houston’s Magnolia Park/East End neighborhood. The number of units in the age-restricted (55-plus) complex was not disclo…

Jeff Glover exits ownership of Michigan Keller Williams locations

Jeff Glover, founder of Live Unreal Companies , has transitioned ownership and leadership of the three Keller Williams market centers he owned in Michigan to new owners, concluding his ownership journey with the franc…

Clay Development Breaks Ground on 31,800 SF Spec Industrial Project in Waller County, Texas

WALLER COUNTY, TEXAS — Clay Development & Construction Inc. has broken ground on a 31,800-square-foot speculative industrial project in Waller County, located northwest of Houston. The building will be situated on a 2…

MoxiWorks expands RISE ecosystem with Cloze integration

MoxiWorks has integrated its native-AI relationship intelligence platform, RISE, with Cloze , an AI-powered real estate platform, to automatically sync contacts and activity between the two systems, the company announ…

Man Charged In Triple Killing At St. Paul Apartment Complex

Marcus & Millichap Negotiates Sale of Baybury Square Shopping Center Portfolio in Metro Dallas

Pearlmark Offloads 216-Unit Bradenton Apartment Community

Pearlmark has sold ShoreView Waterfront Apartments, a 216-unit Class A waterfront multifamily community located at 1161 3rd Avenue N in downtown Bradenton. Berkadia’s Matt Mitchell and Chris Burtner of Berkadia Florid…

Two Harbors calls UWM lawsuit ‘frivolous,’ slams management for $600M hedge loss

Two Harbors Investment Corp. is pushing back on a lawsuit filed this week by UWM Holdings Corp. , calling the complaint “frivolous,” “meritless” and “illogical” while defending its decision to abandon a stock-for-stoc…

CREFC Center for Real Estate Finance Announces 2026-2027 CREFC Scholars

CREFC and NYU scholarship program supports the next generation of commercial real estate finance professionals NEW YORK, Aug. 12, 2026 /PRNewswire/ -- The CRE Finance Council (CREFC) and the Schack Institute of Real E…

Beyond the App Download: How to Build a Frictionless Guest Journey with Web-First Contactless Technology

The article argues that web-first contactless technology, including browser-based check-in and native wallet digital keys, outperforms hotel apps by eliminating download friction and boosting guest adoption rates.

GACC™ Closes $34 Million Credit Facility for Flexible Packaging Manufacturer

WESTLAKE VILLAGE, Calif., Aug. 12, 2026 /PRNewswire/ -- Great American Capital Corporation ("GACC™"), a subsidiary of Great American Holdings, LLC ("GA Group") and majority-owned by funds managed by Oaktree Capital Ma…

Measurabl and Inveniam announced a strategic partnership to advance sustainability data for commercial real estate

Tripadvisor and Airbnb Merge Experiences Inventory, ChatGPT Ads Are Live for Hotels at $3-3.50 CPC, Your AI-Edited Copy Is Now Watermarked by Law

Wednesday brought Tripadvisor Group and Airbnb announcing a partnership putting 425,000 tours and activities on Airbnb's platform, Cogwheel Marketing's live ChatGPT Ads beta results for hotels showing $3-3.50 CPC and…

Brooklyn Developers to Acquire Church Site in Downtown Brooklyn for Resi Project

Tankhouse and Lonicera Partners — a pair of Brooklyn-based developers — are in contract to acquire a church property in Downtown Brooklyn and build a new residential building on the site. The developers are set to buy…

Hungary’s Commercial Real Estate Market Shows Signs of Recovery, Colliers Says

Hungary’s Commercial Real Estate Market Shows Signs of Recovery, Colliers Says - BBJ

ArrowMark Partners Refis Utah Apartments With $58M Bridge Loan

A joint venture between Alpha Development Group and Bow River Capital has sealed $58 million of bridge debt to refinance two newly delivered adjacent multifamily developments in Utah’s Heber Valley, Commercial Observe…

CBRE Arranges $109.5M Permanent Loan for Jersey City Apartment Building

JERSEY CITY, N.J. — CBRE has arranged a $109.5 million permanent loan for 425 Summit, a 27-story apartment building in Jersey City’s Journal Square neighborhood. Completed in 2024, 425 Summit houses 390 units in studi…

Turnbridge Acquires Raleigh Apartments, Upgrades on Way

Turnbridge Equities acquired the 320-unit Skyhouse Raleigh, a multifamily community in downtown Raleigh. ACORE CAPITAL provided a $62 million first mortgage on the property. Equity for the transaction was provided by…

Charter Senior Living Breaks Ground on 162-Unit Project in West Chester, Pennsylvania

WEST CHESTER, PA. — Charter Senior Living has broken ground on a 162-unit project in West Chester, located roughly 30 miles west of Philadelphia. Charter Senior Living of West Chester will offer independent living, as…

NEPCG Negotiates Sale of 66-Unit Apartment Building in Great Barrington, Massachusetts

GREAT BARRINGTON, MASS. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a 66-unit apartment building in Great Barrington, located in western Masschusetts. Beech Tree Apartme…

Penn State Hotel and Restaurant Society to honor hospitality management alumni

Penn State's School of Hospitality Management will recognize 14 alumni at its 2026 Awards Reception on Sept. 30, including a new Chairperson's Award ahead of the school's 90th anniversary in 2027.

‘Historic’ labor market shrinkage highlights need for AI: Economist

A pullback from employment by workers age 65 and older may partly allay concerns that demand for artificial intelligence will fall short of a coming surge in supply, per economist Joe Brusuelas.

Marcus & Millichap Signs Office Lease Extension, Expansion in Midtown Manhattan

NEW YORK CITY — Marcus & Millichap has signed an office lease extension and expansion in Midtown Manhattan. The firm now occupies roughly 41,000 square feet at 260 Madison Avenue, a 22-story building. Evan Fiddle of C…

Gulf-to-Bay Captiva Estate With Theodore Roosevelt Connection Sells for $10 Million

Kingfisher Real Estate reports sale of "Dolphins Crossing," featuring a Roosevelt-era boathouse on the Lee County Historic Register, reflecting demand for rare waterfront estates in Southwest Florida CAPTIVA ISLAND, F…

U.S.-Japan Yen Intervention Puts Global Interest Rates in Focus

Executive Summary Japan and the United States recently jointly intervened to support the yen after the currency weakened to nearly ¥164 per dollar, its lowest level in roughly four decades. The operation briefly drove…

Saratoga Capital Pays $98.4M at Auction for Atlanta Apartment Community

Saratoga Capital Partners bought the 336-unit Generation Atlanta community on Centennial Olympic Park Drive for $98.4 million in a foreclosure auction. Frankforter Group was the building’s previous owner. In lat…

CruVu™ Brings Property-Level Private Guest Feedback to Portfolio-Level Intelligence

Lodging Interactive's CruVu now aggregates private property-level guest feedback into a single dashboard for hotel management companies, giving corporate and regional leaders portfolio-wide visibility into department…

Tenth Circuit upholds dismissal of Homie antitrust lawsuit

A lower court’s decision to dismiss Homie Technologies ’ antitrust lawsuit against the National Association of Realtors (NAR), Anywhere Real Estate , HomeServices of America and REMAX was reaffirmed by the Tenth Circu…

Morgan Stanley Acquires KC Ace Hardware Facility for $159M

Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing, acquired a newly developed 1.5 million-square-foot distribution facility in Kansas City, Missouri, for $1…

Real estate leaders weigh buying vs building AI tools

Incorporating artificial intelligence into workflows and businesses has become a non-negotiable for housing companies that want to succeed. But as many business leaders look to integrate and implement this technology…

Sports Boulevard Announces Real Estate Investment Fund Worth More Than US$186 Million For Luxury Hotel in Riyadh city

The fund will finance a five-star hotel in Urban Wadi, one of the unique mixed-use destinations being developed along Riyadh's 135-kilometre Sports Boulevard RIYADH, Saudi Arabia, Aug. 12, 2026 /PRNewswire/ -- The Spo…

Greenberg Traurig Hires Brian Helweil as Shareholder in Global Real Estate Practice

New York real estate attorney Brian Helweil has landed at law firm Greenberg Traurig . Helweil, an attorney with experience representing both landlords and tenants, will serve as a shareholder in the law firm’s…