10Y UST4.91%-0.61%30Y MTG7.24%-1.09%SOFR3.95%VNQ$95.01-0.05%XLRE$43.67+0.07%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Construction Dive · Dallas

Jacobs wins project management role on $37B transmission program

Via Construction Dive · November 3, 2026
Compiled by Real Estate Trail Editorial · November 3, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. Dallas-Fort Worth continues to absorb the largest multifamily delivery pipeline in the country. Industrial along the I-35 corridor is clearing at competitive basis, and selective office is finding bids at deep discounts to replacement. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Construction Dive:
American Electric Power, the largest U.S. electric transmission system operator, picked the Dallas-based firm to provide integrated delivery services over the next five years.
Read the full article at Construction Dive →

External link. Real Estate Trail does not republish source content.

Related coverage — Dallas

Connect CRE · Dallas

JLL Arranges Refi for Old Parkland East Campus

Crow Holdings has obtained refinancing for Old Parkland East Campus, a recently completed, 289,113-square-foot addition to the Old Parkland campus in Dallas. JLL worked on behalf of Crow Holdings to secure the seven-y…

Nov 2