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Chicago Fire Stadium Nears $425M TIF BoostRelated Midwest may get a leg up to its development of the Chicago Fire's new stadium at The 78 after a city committee approved $425M in tax increment financing to help with infrastructure costs at the site.
Representative imageNewmark Refis Multifamily Portfolio With $163M Fannie Mae LoanLaSalle Investment Management has sealed $163 million of Fannie Mae-backed debt to refinance three multifamily properties in Washington, D.C., Northern Virginia and Oregon, Commercial Observer has learned.
Austin Office Tower Trades for $151MBrandywine Realty Trust sold downtown Austin’s 405 Colorado tower for $151 million. Chris Price at Partners was quoted in LinkedIn saying the buyer was Hines and that the 25-story tower is 100% leased.
Brixmor Picks Up Two Texas Shopping CentersIn this year’s second quarter, Brixmor Property Group Inc. acquired two Texas retail centers. The company paid $46.5 million for Jones Crossing in College Station, Texas, home to Texas A&M University.
Cavan Spins Off Phoenix BTR Community for $112.5MCavan Cos. has sold The Bungalows on Camelback, a 334-unit, build-to-rent asset in Phoenix, for $112.5 million. That comes out to about $337,000 a unit. A private individual acquired the property. This deal marked the biggest single-asset BTR sale in the metro’s history.
From NAIOP to CREDA: New Name, Expanded Scope, Same MissionThe rebranding of NAIOP to the Commercial Real Estate Development Association didn’t occur overnight—the association has worked for years on crafting its new identity.
Meta Ups Investment To $50B For Its Largest Data Center ProjectSocial media giant Meta has expanded its already massive data center development in Richland Parish, Louisiana. The company announced Monday that its Hyperion data center campus will have 5 gigawatts of computing capacity and bring more than $50B...
Representative imageREIT Values Are Hard to See SometimesReal estate investment trusts have earned a relatively clean bill of health in 2026, so far.
Hines Pays $151M To Buy Austin Office Tower From BrandywineHines is returning to the office market with a $151M bet on Austin. The global real estate investment management giant acquired a 206K SF office at 405 Colorado St. from Brandywine Realty Trust as it selectively targets trophy office assets with high...
Brookfield Eyes Stake In $3.5B Manhattan Office CampusBrookfield is in talks to take a 10% stake in Hudson Square Properties, a 13-building office complex on the West Side of Manhattan. The deal would value the 6.2M SF campus, which is positioning itself as a nucleus for tech and media tenants in the city,...
Sundance Bay Snags $95.7M Financing on Two Texas Rental CommunitiesSundance Bay obtained financing totalling $95.7 million for a 626-unit two-property Texas portfolio.
Representative imageJLL Brokers Sale of 72,184 SF Shopping Center in Northwest HoustonHOUSTON — JLL has brokered the sale of Vintage Marketplace, a 72,184-square-foot shopping center in northwest Houston. Whole Foods Market anchors the center, which was roughly 95 percent leased at the time of sale.
Representative imageHawk Logistics Signs 26,707 SF Industrial Lease in East Fort WorthFORT WORTH, TEXAS — Hawk Logistics has signed a 26,707-square-foot industrial lease in East Fort Worth. The space is located within Building 1 of the Riverbend East development.
Representative imageLee & Associates Negotiates 20,092 SF Industrial Lease in McKinney, TexasMCKINNEY, TEXAS — Lee & Associates has negotiated a 20,092-square-foot industrial lease in the northern Dallas suburb of McKinney. The space is located within Building 2 at McKinney Trade Center.
Crestline, PLG Lend $59M on Dallas-Area CondosStart your engines! Holigan Investments has sealed $58.7 million of construction financing to develop a condominium project in suburban Dallas that features luxury garages geared toward car enthusiasts, Commercial Observer has learned.
Allen Féliz of MRI Software: 5 QuestionsAt midnight last Friday, the 21st Century ROAD to Housing Act became law despite President Donald Trump announcing that he would not sign the bipartisan legislation.
UDR Offloads Nashville Apartments After 31 Year HoldCovenant Capital Group paid $41.5 million for Legacy Hill, a 206-unit multifamily community in Nashville. Multihousing News reports UDR sold the property after 31 years of ownership. Walker & Dunlop facilitated the transaction through a $29.4 million Freddie Mac loan.
Newmark Arranges $132M Sale of Northern Virginia Industrial PortfolioNewmark has arranged the $132 million sale of the Featherstone Industrial Portfolio, a 13-building, 734,606-square-foot industrial portfolio in Woodbridge, Virginia, approximately 23 miles south of Washington, D.C.
Spear Street Capital Buys Lower Manhattan Office, Retail Building for $50.5MNEW YORK CITY — San Francisco-based investment firm Spear Street Capital has purchased 76 Eighth Avenue, a 10-story office and retail building in Lower Manhattan, for $50.5 million.
Representative imageJLL Negotiates $25.1M Sale of Two Multifamily Development Sites in BrooklynNEW YORK CITY — JLL has negotiated the sale of two multifamily development sites in the Crown Heights area of Brooklyn for a combined price of $25.1 million. The sites at 1029 Dean St.