August 2026

Council moving forward with plans for apartment complex

Single-staircase reforms aim to boost middle-scale housing in Michigan

The reforms will make smaller-scale apartment buildings cheaper and easier to build, officials say.

New industrial park in north Phoenix will support TSMC with 1K jobs

Rockefeller Picks Up 34-Acre Glendale Warehouse Site

Rockefeller Group purchased a 34.1-acre logistics site in Glendale, Arizona, from IndiCap and its capital partner. Rockefeller Group and IndiCap will partner to develop West Olive Logistics Center, a 552,000-square-fo…

Hayden Pays $42M for 182-Unit Scottsdale Rental Community

Rockwell Property Company purchased the Hayden Park, a 182-unit apartment community at 3015 North Hayden Road in Scottsdale, Arizona, for $42 million. It’s just outside of Old Town Scottsdale. The Hayden Park purchase…

Indianapolis’ Premier Commercial Real Estate Services adds associate broker

Pennymac rolls out VA partial claim option ahead of November deadline

PennyMac Financial Services said Thursday that it has become the first large mortgage servicer to implement the U.S. Department of Veterans Affairs ‘ (VA) new loss-mitigation waterfall, including the VA Partial…

Experiences are reshaping back to school shopping, new Mall of America® survey finds

Families are seeking value without giving up shopping, dining, and entertainment BLOOMINGTON, Minn., Aug. 6, 2026 /PRNewswire/ -- Back to school shopping is becoming as much about the experience as the purchase itself…

Stop saying ‘agent’ and ‘salesperson’ and explain the job like a profession

Every profession sorts itself into a family. Ask a biologist to classify an animal and they do not go by just appearance alone. They go by its underlying traits, the characteristics that reveal what it truly is and wh…

Here’s what’s coming with Five Below to this central Pa. shopping center

Madson Realty Capital Provides $100M Loan for RXR Multifamily Asset

Scott Rechler ’s RXR continues to secure capital from institutional lenders. RXR, together with joint venture partners Halpern Real Estate Investments , Korman Communities and Invent Development Partners , has secured…

Rudin Taps Industry Veteran Craig Panzirer to Serve As Head of Office Leasing

NC firm pays $96 million for its sixth Boston-area apartment complex

Joint Venture Pursuing $160M Stockyards Resort

Delightful Development Co . and Woodbine Development Co are joining forces on a $160 million luxury resort fronting Main Street and 23rd Street spanning in the Ft. Worth Stockyards. The project, situated on 3+ acres,…

Construction begins on first batch of nearly 500 residential units near OSU Airport

Commercial real estate benefiting from ‘deep structural demand,’ Cushman & Wakefield CEO says

Fintech firm nearly triples NoHo footprint with expansion lease

REIT Portfolio Managers See Tailwinds from Low Supply, Structural Growth Drivers

Image Capital markets are also open and well-functioning for the REIT market, managers say.

Real estate brokerage AI adoption hits a tipping point as holdouts disappear

Real estate brokerages are rapidly embracing artificial intelligence (AI), with just 2% reporting no plans to adopt AI in 2026, according to three-year analysis from the Delta Media Group Real Estate AI & Leadership S…

Ramrock Planning 930K-SF Logistics Park at Former FW Mall

RAMROCK Real Estate acquired Ridgmar Mall (shown) and plans to redevelop the property as Ridgmar 30 Logistics Crossing, a six-building Class A development totaling approximately 930,960 square feet. Located at the nor…

First building opens for tenants at Regency Mall apartment complex

Cotality says mortgage fraud risk rose 9.1% in Q2

Mortgage application fraud risk increased in the second quarter of 2026 as purchase lending regained momentum and higher mortgage rates kept refinance activity subdued, according to Cotality ‘s National Mortgage…

Zillow Showcase partnership gives Baird and Warner listings priority

Baird & Warner has signed an exclusive agreement with Zillow to offer its agents access to Zillow Showcase at a 40% discount from standard pricing, giving the Chicago-area brokerage’s listings prioritized exposure and…

Superior Energy Services Relocates Houston Headquarters to Spring Branch Office Tower

News | AEW buys Phoenix-area industrial park for Nevada pension fund

Air Taxi Maker Lands at Perot Field

Joby Aviation signed a lease for 45,000 square feet at Alliance Air Trade Center in Haslet, part of Perot Field Fort Worth Alliance Airport. Located within Hillwood’s 27,000-acre AllianceTexas development, the leased…

PuroClean Encourages Property Owners to Assess First Before Making Financial Decisions After Property Damage Strikes

Restoration experts from leading franchise brand urge homeowners and businesses to understand the full extent of property damage before deciding how to fund recovery. TAMARAC, Fla., Aug. 6, 2026 /PRNewswire/ -- When p…

New American Funding adds top Texas LOs Shane Masterman and Christian Johnson

New American Funding (NAF) announced Thursday that it has added originators Shane Masterman and Christian Johnson to its Dallas-Fort Worth operations as the pair launch Cantera Home Lending within the independent mort…

Introducing SAN SONNEA: A New Italian Luxury Hospitality Collection Debuts Across Northern Italy

The Hinteregger family launches SAN SONNEA, a new Italian luxury collection anchored by three Northern Italy properties, including a rebranded Dolomites family resort, a new adults-only lodge, and a Lake Garda hideaway.

Wood Partners and Marcus Partners Break Ground on 280-Unit Multifamily Community Near Raleigh

Altera Heights will bring attainable housing options to one of the Triangle's fastest-growing communities RALEIGH, N.C., Aug. 6, 2026 /PRNewswire/ -- Wood Partners, a national leader in multifamily real estate develop…

Rudin Taps Global Holdings SVP Craig Panzirer as Office Leasing Head

Rudin Taps Global Holdings SVP Craig Panzirer as Office Leasing Head

Rudin has hired Craig Panzirer as senior vice president for office leasing, Commercial Observer has learned. Panzirer began the new role in July. He is now tasked with leading the leasing strategy of Rudin’s 8.6 milli…

Move points to RealPRO Select as Realtor.com revenue keeps climbing

Move , the parent company of Realtor.com , said it is seeing the investments it has made into “premium offerings” like RealPRO Select pay off. During the fourth quarter of fiscal year 2026, Realtor.com recorded $167 m…

Stena Real Estate to Renovate 580,558 SF Office Campus in Houston’s Energy Corridor

HOUSTON — Stena Real Estate AB, the American ownership arm of Swedish investment company Stena Property, will renovate Woodbranch Plaza, a 580,558-square-foot office campus located in the Energy Corridor submarket of…

SolidRun and Leopard Imaging Collaborate to Accelerate Edge AI Vision Development

ACRE, Israel and FREMONT, Calif., Aug. 6, 2026 /PRNewswire/ -- SolidRun, a leading developer of embedded computing and edge AI solutions, and Leopard Imaging Inc., a global leader in embedded vision and camera technol…

Industrial park at former Sumitomo Plant in Tonawanda adds tenant

RioCan Real Estate Investment Trust Stock Climbs 0.73% as Retail Leasing Strength and Stable Rental Income Boost Investor Confidence

Mesa West Provides $52M Refi for Seattle-Area Apartment Community

Timberlane Partners has secured $52 million to refinance Sumner Mill Apartments, a 162-unit multifamily community outside of Seattle and Tacoma, Wash., Commercial Observer can first report. Mesa West provided the debt…

Newmark Brokers Sale of 376,259 SF Office Campus in North Dallas

DALLAS — Newmark has brokered the sale of Tollway Plaza, a 376,259-square-foot office campus located at 16000 Dallas Parkway in North Dallas. The campus comprises two eight-story buildings on a 7.4-acre site that were…

Foundry Commercial Underway on 13-Acre IOS Facility in Hutchins, Texas

HUTCHINS, TEXAS — Orlando-based owner-operator Foundry Commercial is underway on construction for Wintergreen Gardens, a 13-acre industrial outdoor storage (IOS) facility in Hutchins, a southeastern suburb of Dallas.…

Lee & Associates Negotiates 26,600 SF Industrial Lease in Northwest Dallas

DALLAS — Lee & Associates has negotiated a 26,600-square-foot industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square…

Asia Pacific, Excluding China, Hotel Construction Pipeline Reaches Record Highs at the Close of Q2 2026; Plus, New 2028 Forecast

Lodging Econometrics reports APEC's hotel construction pipeline hit a record 2,506 projects and 452,972 rooms in Q2 2026, with India leading at 1,033 projects, up 36% YOY.

Booking's Commission Is the Cheapest Thing It Takes from You, Luxury Has Confused Abundance with Value, Is Zero Rate Leakage Actually Possible?

Friday closed the week with hospitality.today's argument that Booking's $8.2B deferred hotelier fund makes payout timing a bigger issue than commission rates, Kempinski's CEO on luxury hospitality confusing abundance…

Outdated Revenue Tools Become a Portfolio Performance Risk

Argues that Excel-based revenue workflows create costly decision delays across hotel portfolios, and outlines what an effective RMS should deliver in terms of explainability, consolidation, and total cost of ownership.

Florida People & Companies, August 7, 2026

Miami, FL — Kurv Industrial appointed Camilo Rios as SeniorVice President, Development, Miami region. He will oversee Kurv’s development activities across the region, where the firm has acquired more than 800 acres ac…

Remington Hospitality Builds Centralized In-House Social Media Division Across Portfolio

Remington Hospitality's centralized in-house social media team has generated $3M+ in attributable revenue and a 37:1 return on ad spend across its hotel portfolio since launch.

U.S. hotel results for week ending 1 August

U.S. hotel RevPAR rose 7.3% year-over-year for the week ending 1 August 2026, with Philadelphia and St. Louis leading Top 25 Markets while Las Vegas posted the steepest declines.

White Cap opens Pa. distribution center

Truist Securities’ Barry Jonas on the Appeal of Gaming REITs to Investors

Image Jonas says the sector is seeing “buy-in” from the REIT investment community.

United Group Obtains $52M Refi on Sarasota 55+ Rental Community

The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate…