Net lease news – page 151

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DevelopmentIndustrialPrinciple Construction Completes Warehouse Renovation for POLI FILM America in Hampshire, IllinoisJul 16, 2026HAMPSHIRE, ILL. — Principle Construction Corp. has completed a warehouse renovation for POLI FILM America Inc. at One Elgiloy Drive in Hampshire, a far northwest suburb of Chicago.Representative imageDealKiser Group Arranges $5.7M Sale of Chicago Apartment BuildingJul 16, 2026CHICAGO — Kiser Group has arranged the $5.7 million sale of a 43-unit apartment building located at 5123-31 S. University Ave. in Chicago’s Hyde Park neighborhood. Lee Kiser brokered the transaction.DealLTC Acquires Two Seniors Housing Communities in Colorado, New Mexico for $73MJul 16, 2026WESTLAKE VILLAGE, CALIF. — LTC Properties has acquired two seniors housing communities in Colorado and New Mexico from Harbert Management Corp. for a combined purchase price of $73 million.DealWinstar Properties Purchases 205-Unit Apartment Complex in Los AngelesJul 16, 2026LOS ANGELES — Winstar Properties has purchased The Flat, a 205-unit apartment complex located in the City West neighborhood of Los Angeles. Terms of the transaction were not released.LendingCMBS Special Servicing Rate Reverses May’s Monthly DeclineJul 16, 2026The Trepp CMBS special servicing rate increased by 34 basis points in June to 11.20%, reversing May’s decline. Special servicing rates increased in four of the six major property types in June, reported Trepp.Representative imageTenantsThe New Stakeholder in Data Center DevelopmentJul 16, 2026A new stakeholder has entered the data center development process. It does not appear on a cap table. It does not sign a lease. But it is now shaping outcomes as much as capital, land and power. The anti-data center movement is no longer a fringe reaction.DealJD.Com Buys £147M London HQ: The London Deal SheetJul 16, 2026The Deal Sheet is a weekly compilation of Greater London and beyond's biggest leases, sales, financing deals, construction updates and personnel moves. Have news you’d like to submit? Email mark.faithfull@bisnow.com. BlueFive Private Wealth and General...Mamdani Administration Releases 'Rental Ripoff' Reforms For Increased Landlord EnforcementJul 15, 2026Mayor Zohran Mamdani released the highly anticipated findings from his administration’s “Rental Ripoff” hearings on Thursday and laid out a list of ways that the city plans to target landlords it says are operating housing in bad faith. The series...TenantsArcher Aviation Leases 501K SF Tech Campus Near San JoseJul 15, 2026Air taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury...TenantsOfficeJaneese Lewis George Wants To Stabilize Rent. The Question Is HowJul 15, 2026Presumptive D.C. mayor-elect Janeese Lewis George will come into office next year with a slate of policy priorities aimed at protecting tenants and stabilizing rent. But she hasn’t yet offered specifics on how exactly she would accomplish those goals...LendingFlipping the Script on “Safe” Haven BondsJul 15, 2026Executive Summary The war in Iran has scrambled traditional views of safety in fixed income, pushing investors out of long‑duration Treasuries and broad investment‑grade benchmarks and into floating‑rate, senior‑secured credit.TenantsQSRDenver Wants To Make It Easier To Open A RestaurantJul 15, 2026Restaurant openings are on the rise across the nation, and Denver wants to help more restaurateurs launch locations in the Mile High City. The Denver Permitting Office outlined new initiatives to ease the permitting process and requirements for restaurants...LendingCPC Mortgage Company Secures $42M to Rehabilitate Michigan Housing PropertyJul 15, 2026CPC Mortgage Company, a subsidiary of The Community Preservation Corporation, has structured a $42.1 million loan for the preservation and rehabilitation of Parkside Estates and Demby Terraces, a 315-unit affordable housing community in Inkster, Michigan.Ice Cream Franchise Coming to Bleecker Street with First NYC LocationJul 15, 2026Scoop N Scootery, a rapidly expanding ice cream franchise with 10 locations across seven states, has selected Bleecker Street for its first New York City location.DealBascom Acquires Buena Park Apartments as Value-Add DealJul 15, 2026The Bascom Group acquired Castlewood Park Apartments, a low-density, 183-unit value-add apartment community in Buena Park. The purchase price was $53,125,000, or $290,301 per unit.LendingWalker & Dunlop Arranges Refi for BellWorks Fort Monmouth CampusJul 15, 2026Walker & Dunlop arranged a $60-million bridge loan to refinance Bell Works Fort Monmouth,a mixed-use campus in Tinton Falls, NJ.LendingBig Banks Shake Off CRE Jitters, Cut Loss Reserves And Raise AI HopesJul 15, 2026The clouds of debt maturities and nonperforming loans haven’t entirely cleared from the country’s largest banks, but the shine of artificial intelligence and data center development is erasing the shadows cast by Wall Street's anxieties over pandemic-era...DealIndustrialLee & Associates Negotiates Elk Grove Village Industrial Building SaleJul 15, 2026Lee & Associates of Illinois has closed a $5.18 million sale transaction for a 39,879 square-foot building located at 1951 Lively Boulevard in Elk Grove Village, Illinois.LendingNewPoint Originates $35M Financing for Arlington Hotel-to-Multifamily ConversionJul 15, 2026NewPoint Real Estate Capital has originated a $34.6 million floating-rate bridge-to-agency loan for the acquisition and planned conversion of Clarion Collection Arlington Court Suites, a 187-unit property located in Arlington, Virginia.DealZiegler Arranges $304M Tax-Exempt Bond for Groton Senior Living ExpansionJul 15, 2026Specialty investment bank Ziegler has closed on Fairview’s Vista Point Project, one of the largest senior living tax-exempt bond transactions to date in the state of Connecticut.