October 2026

News | DRA Advisors buys stake in fully leased Manhattan office tower

Capstone Equities Signs UK AI Tenant to First U.S. Location

Capstone Equities, its partners Rugby Realty and Republic Investment Company, and JLL announced today that Conduct AI will open its first U.S. office at 140 Crosby St., a boutique Class A office building in Manhattan’…

Downtown Phoenix office tower sells to California buyer in all-cash deal

North Hollywood Apartments Trade to Locally Based LLC

Marcus & Millichap has finalized the sale of 13103 Barbara Ann St., a 41-unit multifamily property in North Hollywood. The property sold for nearly $5.89 million, or $143,610 per unit, and closed escrow at a 5.7% cap…

Industrial real estate firm Meritex acquires 121 Technology Park in Allen, plans 2027 expansion

Mojo Coffee Officially Opens in Chicago’s Loop

Mojo Coffee has officially opened at 70 W. Madison in Chicago’s Loop, taking over a ground-floor corner of the office tower owned and managed by partners, Namdar Realty Group and Mason Asset Management. The New…

Charney Companies, Tavros Break Ground on Fifth Gowanus Development

Charney Companies and Tavros recently celebrated the groundbreaking of 175 Third St. in Gowanus, Brooklyn. The 27-story mixed-use tower, the newest addition to the Gowanus Wharf development, will house more than 1,000…

Millennium Bank Debuts Revitalized Bridgeport Banking Center

Millennium Bank has officially opened its newly renovated Bridgeport banking center. Following its January 2025 acquisition of Pulaski Savings Bank, Millennium Bank invested in the historic property at 3156 S. Morgan…

JLL Arranges $276M Refi for Newport Beach Seniors Communities

JLL Capital Markets arranged $276 million in refinancing for Vivante Newport Center and Vivante Newport Mesa, a two-property seniors housing portfolio in Newport Beach. Senior managing director Greg Brown, assisted by…

Two advisers report shared voting power over client shares in Neuberger Real Estate Fund (NRO).

Northmarq Arranges Sale of St. Louis Metro Multifamily Property

Northmarq’s St. Louis Investment Sales team, led by Dominic Martinez, Parker Stewart, Alex Malzone and Charlie McKee, successfully arranged the sale of Whisper Hollow Apartments, a 315-unit garden-style multifamily co…

Kolter, BH Inch Toward Buyout on Oceanfront Miami Beach Condo

Developers Kolter Group and BH Group are almost done assembling their oceanfront site in Miami Beach, with plans to redevelop it into a luxury condo complex. The joint venture now owns the majority of units within the…

Olnick Organization Refinances Harlem Apartments for $171M

Walker & Dunlop arranged $170.5 million in permanent financing to refinance Lenox Terrace, a multifamily community at 484 Malcolm X Blvd. in Harlem. A Walker & Dunlop Capital Markets Institutional Advisory team led by…

Newmark Arranges $31M Sale of Advanced Manufacturing Campus in Hillsboro

Newmark has arranged the $30.9 million sale of Trellis West, a 214,152-square-foot advanced manufacturing and research and development campus in Hillsboro, Oregon, to buyer SKB and KCB Partners. Newmark Director Kelle…

Marcus & Millichap Close Sale of Billerica Industrial After Multiple Offers

Marcus & Millichap closed the sale of 400 Iron Horse Park, an industrial property in Billerica, MA. The sale price was $4.45 million. “This was a competitive marketing process with multiple offers. The eventual buyer…

Google Relocation Leads D.C.’s Office Market in Q3

Washington, D.C.’s office market held relatively steady in the third quarter, but the divide between trophy properties and the broader market was extended. Tenants leased about 1.8 million square feet during the quart…

Redevelopment of Former Santee Drive-In Site Gets Boost with Land Sale

Colliers arranged the $22.75 million sale of a 13.49-acre industrial land site located at 10990 N. Woodside Ave. in Santee, acquired by North Palisade Partners. Construction immediately commenced on the Palisade Sante…

Hale Hōkūala Kauaʻi Debuts as Curio Collection by Hilton's First Hawaiʻi Resort

The 210-room lifestyle resort introduces distinctive design, locally inspired dining and memorable stays celebrating the people and traditions of Kauaʻi High-resolution property images are available for download here.…

Massachusetts Awards $330M to Spur Housing, Economic Development Projects

Massachusetts Gov. Maura Healey announced $330 million for 403 local economic development and housing projects in 207 communities across the commonwealth through the Community One Stop for Growth. The awards will supp…

View Homes CEO Gandhi rebuilds builder operating platform

Leadership changes, standardized concessions, and a 12–18 month systems rollout are central to the plan

BXP Tapped to Consult on Development, Leasing at New San Francisco Office Tower

The San Francisco Recovery Fund said Friday that BXP and JLL have joined the multidisciplinary team leading Fifty at First, the 915-foot, 1.5-million-square-foot office tower planned for First and Mission streets in d…

Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Third Quarter Ending September 30, 2026

NEW YORK, Oct. 2, 2026 /PRNewswire/ -- Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the third quarter ending September 30, 2026 to 9:00…

‘Lawfare is now the norm’: MLS leaders brace for more legal battles

MLS legal experts at CMLS Open House urged scenario planning around cooperation, participation, and data access as lawsuits and demand letters increase

Whole Foods-Anchored Shopping Center Breaks Ground at Bruce B. Downs and Aronwood

St. Petersburg developer purchases mixed-use site in Fruitland Park for $13 million

Developer eyes expansion of Galloway apartment complex

Marcus & Millichap Arranges Sale of DC Multifamily Property

Marcus & Millichap announced the sale of 6145-6149 Kansas Ave. NE in Washington, D.C.’s Riggs Park neighborhood. The asset sold for $1.3 million. “Multifamily rental properties are in short supply in this…

Gantry Secures $12M for Portland’s Workshop St. John’s Redevelopment

Gantry has secured a $12.3 million bridge loan to refinance existing debt and provide capital for continued redevelopment and lease-up of Workshop St. Johns, a historic adaptive-reuse campus. Located at 6635 N Baltimo…

Report: Chicago is America’s Most Competitive Rental Market

Chicago has overtaken Miami as the most competitive rental market in the country, with about 17 renters lining up for every available apartment and vacant apartments filling in 27 days, the fastest of any large market…

Rithm Capital, DRA Advisors JV on Midtown Manhattan Offices

Rithm Capital Corp. has closed on a joint venture with a fund managed by DRA Advisors LLC for the ownership of 1301 Ave. of the Americas, one of the flagship assets in the New York City office portfolio of Elecor Prop…

David Germakian Joins MCB Real Estate as Senior Managing Director, Retail Development

MCB Real Estate has selected David Germakian as senior managing director, retail development. Germakian brings more than 19 years of real estate and development experience to his new role. He was formerly managing dir…

Newmark sells massive One North Central office tower

CMBS Distress Rate Falls to 10.9% as Chicago Hits 25.3%

Cash-Out Refinancings Reach 55.1% of Conduit CMBS Loans

RealPage wins pause on New York’s algorithmic rent-setting ban

The federal court agreed to grant a preliminary injunction while it mulls the software maker’s claims that the state’s new law violates the First Amendment.

Why real estate agents are mentoring college athletes — and getting referrals

Student-athletes receive mentoring and complete requirements to become licensed real estate referral agents

Eastern North Carolina shopping center sold for record price

How United Apartment Group plans to hit 50,000 units under management

New hires Woody Stone and Lenzie O’Connor bring decades of experience to the San Antonio-based operator, as it also seeks acquisition opportunities in markets like Charlotte, North Carolina.

How United Apartment Group plans to hit 50k units under management

New hires Woody Stone and Lenzie O’Connor bring decades of experience to the San Antonio-based operator, as it also seeks acquisition opportunities in markets like Charlotte, North Carolina.

Granite JV wins $325M Big Creek Tunnel job in Ohio

The 20-foot-diameter tunnel in Cleveland will help divert 550 million gallons of combined sewer releases annually from Lake Erie.

From print to point of need: Army Media Distribution Center delivers information readiness to the force

Your best producer is the hardest person in the building to read

The operational signals that show strain before the leaderboard does

Private listing ecosystems could deepen the housing affordability crisis

Rising prices alongside weaker sales and closed listing ecosystems are reducing consumer visibility and competition

Bank of America, JLL Provide $276M Refi for SoCal Senior Housing

A Nexus Development affiliate has landed $276 million in refinancing for two senior housing communities with 395 units in Newport Beach, Calif. Property records show that Bank of America provided the $140 million loan…

Despite P(doom), Hoteliers Are All In on AI

Recap of the Destination AI Summit in Washington D.C., where hoteliers, owners, and tech leaders discussed AI's role in automating back-office functions, redefining hotel jobs, and reshaping booking distribution.

HECM originations sink to lowest level since 2020, with HMBS issuance down 17% in September

September endorsements dropped to 1,790 — the lowest figure since April 2020 — while HMBS issuance fell to $446 million

ALIF Holding Breaks Ground on Phase I of Umm Al Quwain Industrial Park

Craftsman's Choice Moves Headquarters to Maple Grove, Plans New Exterior Remodeling Showroom

Minnesota exterior remodeling contractor will open a new showroom featuring James Hardie siding, Marvin windows and doors, GAF roofing and TimberTech decking ahead of the 2027 spring remodeling season. MAPLE GROVE, Mi…

Kroger buys Portage shopping center for $10.35 million for new grocery store

Sony in Talks to Anchor Tishman Speyer’s 99 Hudson Boulevard

Sony is in negotiations to become the anchor tenant of Tishman Speyer ’s 99 Hudson Boulevard in Hudson Yards, Commercial Observer has learned, and may already have a term sheet. Sony’s current U.S. headquarters is in…