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L&G, Taurus Break Ground on Concord MultifamilyL&G’s Asset Management business in the U.S. and Taurus Investment Holdings, LLC broke ground on a new two-building, 201-unit multifamily community at 292–294 Baker Ave. in Concord, MA.
A Resilient New York City Wins Big at Commercial Observer’s Power GalaThe collective might of New York City real estate was on display Tuesday night, when titans of the industry gathered at 7 World Trade Center to celebrate Commercial Observer’s 19th annual Power Gala.
Russian Hill Apartments Trade After 50 Years of Family OwnershipMarcus & Millichap arranged the sale of two multifamily properties at 1159-1169 and 1067-1071 Union St. in San Francisco’s Russian Hill neighborhood. Totaling 11 units, the properties sold for a combined $6.25 million after more than 50 years under the same family ownership.
Las Vegas-Based Investor Pays $95M For Massive Suburban Chicago Retail CenterRhino Investments Group acquired the 932K SF shopping center in Mount Prospect from DLC Management.
Representative imageLA City Council Approves Largest-Ever Funding Pool for Affordable HousingThe Los Angeles City Council voted unanimously to approve a Notice of Funding Availability (NOFA) backed by $466.6 million to build and renovate affordable housing.
Denver Arena Owner Planning Improvements, Mixed-Use VentureKroenke Sports & Entertainment (KSE) has committed to spending $135 million to renovate Ball Arena, the home arena for the Denver Nuggets and Colorado Avalanche. In addition, KSE has unveiled plans for a mixed-use project using some of the outdoor parking lots as building space.
BHI Lends $72M on New Jersey Apartments BuildA joint venture between Prestige Development and Anak Development has landed $71.5 million of construction financing to build a multifamily project in northern New Jersey, Commercial Observer has learned.
Data Center Developer Pays $14.7M for S. Phoenix ParcelGI Partners recently paid $14.7 million for land just south of Phoenix that it plans to develop a data center on. LKY was the seller of the 5.4-acre parcel. The Phoenix Business Journal report LKY paid $3.15 million for the land in 2012.
Charlotte Office Park Sells For $64M With Plans For Food And Beverage SpaceInvesticore Holdings USA LLC acquires ThExchange office park in Charlotte for $64M, eyeing growth in the city's thriving real estate market.
Starbucks To Close 250 Stores, Shrink Growth PlansStarbucks told employees Thursday it is closing 250 underperforming locations, which represents about 1% of its North American footprint.
Moishe Mana Buys Discounted Fort Lauderdale Office Tower for $89MMoishe Mana has ventured out of Miami and into Fort Lauderdale, nabbing a discount to buy a 30-story office building for $89 million, property records show.
Representative imageStarbucks to Close 250 North American Stores Amid Massive OverhaulThe “Back to Starbucks” overhaul isn’t over yet. Seattle-based coffee giant Starbucks announced Thursday that it will close 250 stores across North America this week in its second round of mass closures since Brian Niccol took over as chairman and CEO in 2024.
Cowboys Unveil Start Date for $1B Stadium MakeoverThe Dallas Cowboys will begin improvements at AT&T Stadium in 2028. The Cowboys will ante up $750 million for the revamp, and the town of Arlington will commit $273 million through special revenue bonds over a 20-year period.
HREC Arranges $22M Sale of Embassy Suites Dulles Airport in VirginiaHREC Investment Advisors arranged the sale of the 150-suite Embassy Suites Dulles Airport, situated at 13341 Woodland Park Road, Herndon, Virginia. Ashford Hospitality Trust, Inc. completed the sale of the hotel through its indirect subsidiary, Ashford Dulles LP.
Hako San Café & Bar Coming to Downtown KirklandCordillera Homes announced that Hako San Café & Bar, a new hospitality concept from local coffee and hospitality entrepreneur Alen Fikic, has signed a lease to become the anchor retail tenant at Central Peak Residences, a boutique collection of 26 condominiums in the heart of…
Chicago/Midwest People & Company News, week of September 25, 2026Daniel Management Group (DMG), a Chicago-based multifamily management and investment company, announced the promotion of Lauren Evett to vice president of property management.
KBS Acquires 26-Story Austin Office TowerKBS completed the sale of 515 Congress, a 26-story, 267,956-square-foot Class A office tower at the corner of Congress Avenue and Sixth Street in downtown Austin, Texas. A joint venture of Palmatum Ventures, AQUILA and Glendon Capital Management acquired the property.
Texas People & Companies, September 25, 2026The post Texas People & Companies, September 25, 2026 appeared first on Connect CRE.
Cerity Partners Expands to 68K SF at Global Holdings’ 99 Park AvenueWealth management firm Cerity Partners is expanding its offices at Midtown’s 99 Park Avenue.
Talonvest Arranges $63M for Bethesda Self-Storage PropertyTalonvest Capital, a commercial real estate advisory firm, has secured a $63 million bridge loan on behalf of 1784 Holdings, a privately held real estate development company specializing in the development, construction, and operation of self-storage facilities.