September 2026

Nonbank HELOC lenders gain market share as tappable equity hits $11 trillion

Nonbanks grew HELOC originations about 140% from 2023 to 2025, versus 7% to 20% at depositories, a new white paper says

NextEra promises new Richmond office tower if merger with Dominion goes through

AI Data Center Boom Rewriting Rules for Real Estate Debt

News | Investor acquires fully occupied senior apartment complex in San Diego County

Sullivan & Cromwell Opens Office in ADGM

Ahmed T. el-Gaili Rejoins as a Partner to Lead the Firm's Expansion into the Middle East ABU DHABI, UAE, Sept. 14, 2026 /PRNewswire/ -- Sullivan & Cromwell LLP today announced the opening of an office in Abu Dhabi, re…

U of A Breaks Ground on $247M College Dorm

As part of its policy to force most first-year students to live on campus, the University of Arizona in Tucson is building a $247 million, on-campus dorm. Called the Catalina, the dorm will house more than 1,300 stude…

Macerich Sees Mall Advertising as Compelling Opportunity for Real Time Engagement

Macerich’s Petra Maruca says advertisers leverage the REIT’s spaces to engage consumers along the path to purchase.

New Fitness Center Officially Opens At Annapolis Shopping Center

Chase offers 25-bps mortgage rate discount through Oct. 4

The discount applies to new purchase and refinance loans

Seller impersonation fraud more than doubled since 2024

The share of firms reporting an attempt in the prior month rose from 19% to 45%

Vesta adds Mezzo integration to expand lender access to verification providers

For lenders under margin and efficiency pressure, the integration aims to reduce the IT burden of adding vendors

DanDaDan and Spy x Family editor taking applications to live rent-free in apartment complex for other manga creators

South River CEO Tyler Plack on reverse mortgage technology and origination strategies

The newly appointed CEO explains how tech is reshaping reverse lending, including a 75% reduction in QC findings at South River

Regulators imply a ban without saying it, real estate agents should read the words

Soft phrasing can indicate guidance or opinion, and agents can preserve compliant options by parsing what is actually prohibited

Longbridge Financial parent plans $100M note offering

Ellington Financial said it expects to use the net proceeds for general corporate purposes

JLL Income Property Trust Acquires Sacramento Area Medical Center

CHICAGO, Sept. 14, 2026 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $7.0 billion in…

Rancho Cucamonga resident turns $5 wager into nearly $2 million jackpot at Yaamava' Resort & Casino at San Manuel

Rare five-card diamond flush delivers $1,977,758 payday to Ultimate Texas Hold'Em player during Yaamava' Resort & Casino's 40th Anniversary celebration HIGHLAND, Calif., Sept. 14, 2026 /PRNewswire/ -- A lucky Rancho C…

Alamo Heights neighbors pushing back on planned 5-story apartment complex in their neighborhood

PGIM Refis Manhattan Office-to-Storage Conversion With $57M Loan

A joint venture between Mequity Companies and Flatiron Equities Real Estate has sealed a $57 million loan to refinance an office-to-storage conversion project in Midtown Manhattan, Commercial Observer has learned. PGI…

Katy Target to Open Next Month

Developer NewQuest announced that a 148,000-square-foot Target store at Texas Heritage Marketplace will open on October 11. It will be one of many popular outlets in the planned 800,000-square-foot retail center. Newq…

Vidle Housing and PadSplit Partner to Expand Affordable Housing Options for Healthcare Travelers

Partnership brings flexible, cost-conscious shared housing to healthcare professionals traveling for work DELRAY BEACH, Fla., Sept. 14, 2026 /PRNewswire/ -- Vidle Housing, a housing platform built to serve the unique…

News | West Michigan's Green Orchard Shopping Center listed for sale

Google Nears Deal to Keep Entire 157,000 SQFT Sobrato Building in Mountain View

Google is closing in on a lease for an entire office building near its Mountain View headquarters, reversing earlier expectations that it would walk away from the property, even as the search giant continues shedding…

Work in Northeast Industrial Park area set to begin this month

PwC Locks In 200,000 SQFT at 405 Howard in San Francisco Through 2040

PwC extended its 405 Howard St. lease eight years early, betting that today’s tight trophy-office vacancy and thin construction pipeline will only push San Francisco rents higher by the time its original term was set…

Team First Home Services Expands Texas Presence Through Partnership with Holloway Plumbing

ATLANTA, Sept. 14, 2026 /PRNewswire/ -- Team First Home Services ("Team First"), a residential plumbing services platform backed by Grove Mountain Partners, today announced its partnership with Holloway Plumbing, a le…

PNC Bank Provides $92M Construction Loan for Luxury D.C. Multifamily

Carr Properties has secured $92 million of construction debt to build a 299-unit Class A multifamily complex in Downtown Washington, D.C., Commercial Observer can first report. PNC Bank provided the debt, structured w…

Shein opens automated distribution center in Indiana

Malls Rebound to Become Top-Performing U.S. CRE Sector

Widely considered an endangered property type following the COVID-19 pandemic, malls are now the top-performing sector in the U.S., the Wall Street Journal reported. Mall values are up 13% over the past year, more tha…

Investor Acquires Distressed Atlanta Apartment Asset

Liquid Capital Real Estate Investment basically transferred ownership of a Midtown Atlanta apartment complex to Audubon Capital . Audubon picked up the remaining unpaid balance on the loan. The Crest at Midtown proper…

Logistics Property Company Closes on Value-Add Industrial Real Estate Venture

Uptown office tower conversion to bring hotel, rooftop bar

Colorado River water cuts are coming. What will they mean for housing?

New 2027 to 2028 rules cut lower basin deliveries by 1.25 million acre-feet as Lake Mead sits at 28% capacity

Fifth Third Bank Expands to 32K SF at 50 Rockefeller Plaza

Fifth Third Bank is expanding its office footprint at Rockefeller Center . The financial institution added roughly 11,000 square feet to its headquarters at Tishman Speyer ’s 50 Rockefeller Plaza for a total of 32,347…

Russia gets federal funds for industrial park

Upgraded elections office to open this week in North Port

Cuadra Capital Acquires 250,000 Square Feet of Retail, Mixed-Use Developments in North Carolina, Florida

What Will You Do With Your Turn?

At this time of year, as we remember Sept. 11, 2001, I inevitably find myself thinking about time. I think about the people who went to work that morning expecting it to be an ordinary Tuesday. I think about families…

Alamo Heights neighbors fighting proposed five-story apartment complex

Park Aerospace to Open $65M Manufacturing Facility in Tulsa, Create 100 Jobs

TULSA, OKLA. — Park Aerospace Corp. (NYSE: PKE) will open a $65 million manufacturing facility in Tulsa, a project that is expected to add about 100 new jobs to the local economy. The square footage was not disclosed.…

Quad County Corn Processors ethanol plant and multi-tract commercial real estate portfolio to be sold via lender-ordered sealed bid auction

Endeavor Breaks Ground on 198,000 SF Office, Retail Project Near Downtown Austin

AUSTIN, TEXAS — Endeavor Real Estate Group has broken ground on 5th & Walsh, a 198,000-square-foot office and retail project near downtown Austin. Designed by Studio8 Architects and Lake Flato Architects, the building…

Rich Properties Snags $38.5M Refi for West Palm Beach Rental Asset

Rich Properties obtained a $38.55 million refinancing for Tennis Towers Apartments, a 306-unit multifamily community in West Palm Beach that has been owned and operated by Rich Properties for more than 35 years. Berka…

The Human Touch Has No Audit Trail, the Battle for the Guest Interface Is Starting Again, Laidback Luxury Is the Format ADR Above $1,500 Is Built On

Monday opened the week with Pertlink arguing that the hospitality industry's AI governance narrative is missing audit trails, board oversight, and decision envelopes for the human layer as much as the AI layer, Soler…

CBRE Negotiates Sale of Two Industrial Buildings Leased to Tesla in Fort Worth Area

FORT WORTH AND FLOWER MOUND, TEXAS — CBRE has negotiated the sale of two newly constructed industrial buildings in the Fort Worth area that are both leased to Tesla. The building at 5812 North Freeway in Fort Worth to…

In HelloNation, Real Estate Expert Lisa Olien Outlines Home Offer Contingencies and Closing Timelines for Woodbury Buyers

Understanding Contingency Deadlines and What Happens When They Pass Can Shape the Outcome of Any Home Purchase. WOODBURY, Minn., Sept. 14, 2026 /PRNewswire/ -- What should Woodbury buyers know about the protections bu…

Airbnb pledges $250 million to jump-start stalled housing projects

Airbnb's new housing accelerator targets the last-mile capital gap and policy barriers to new supply, and launches a $5M innovation prize

Shein opens automated distribution center Indiana

Foreign capital is rushing back into Canadian commercial real estate

Marcus & Millichap Brokers Sale of 13,079 SF Retail Strip Center in Little Elm, Texas

LITTLE ELM, TEXAS — Marcus & Millichap has brokered the sale ofIndia Bazaar Plaza, a 13,079-square-foot retail strip center in Little Elm, located in the northern-central part of the metroplex. The center was built in…