Net lease news – page 163

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LendingNorthmarq Arranges Fannie Mae Financing for Lawrence ApartmentsJul 9, 2026Northmarq’s Boston Debt + Equity team led by Jeff Munoz and Kevin Sykes, Ed Riekstins and Jeffrey Munoz arranged $22.855 million in acquisition financing for Elora Flats & Townhomes, a 104-unit mid-rise multifamily community located at 112-114 Marston St. in Lawrence, MA.LendingCap Pointe, Greystone Arrange $104M Muni Bond Financing for Section 8 PortfolioJul 9, 2026Cap Pointe Advisors LLC, a Los Angeles–based boutique real estate investment banking and advisory firm, and Greystone announced Greystone Capital Advisors LLC, together with its affiliate Greystone CARE Broker Inc., served as exclusive co-advisors to SoLa Impact Opportunity Zone…Blue Owl Launches Data Center Infrastructure VentureJul 9, 2026Blue Owl Capital is launching a new venture that will develop, own and operate fiber networks in an effort to capitalize on the data center boom. Funds managed by Blue Owl announced the creation of Kirkwood Infrastructure Group to carry out the development...DevelopmentOfficePhilly Office Construction Pipeline Hits Zero, Conversion Activity SlowsJul 9, 2026More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...LendingMerchants Capital Secures $10M for Kansas Affordable Housing DevelopmentJul 9, 2026Merchants Capital announced $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence, Kansas, established as part of a city-supported initiative to expand affordable housing supply.OfficeHeart to Heart Homecare Takes 13K SF for Office in South BronxJul 9, 2026Heart to Heart Homecare, a home health and personal care provider, is bringing its services to the South Bronx.DealOrange County Apartment Complex Sells for $133MJul 9, 2026Two multifamily investment firms have expanded their affordability efforts into Orange County, Calif., with the acquisition of a 402-unit workforce housing community.RFR Creates New Holding Company for U.S. BusinessJul 9, 2026Aby Rosen and Michael Fuchs’s RFR Holding has formed a new holding company, RFR US, that will be controlled by Rosen and his sons Gaby Rosen and Charlie Rosen.DealOfficeConstruction Begins On AmEx's World Trade Center HQ As Campus Enters 'Momentous' New EraJul 9, 2026Nearly a quarter century after the 9/11 terrorist attacks leveled the World Trade Center towers, work on the new campus’ final new office tower is underway.DevelopmentS3 Capital Continues Texas Focus, Provides $28M for New Multifamily ConstructionJul 9, 2026S3 Capital appears to be in Texas for the long haul. Tannos Group has secured $28 million in construction financing to build the Albritton, a four-story, 111-unit Class A multifamily development in Friendswood, Texas.TenantsQSRDim Sum Restaurant Breeze to Open at 590 Fulton Street in Downtown BrooklynJul 9, 2026Popular Sichuan and dim sum restaurant Breeze is set to open a second Brooklyn location this fall.OfficeOffice Vacancy Falls In More Than Half Of Major U.S. CitiesJul 9, 2026It’s not just New York and California — the office market is getting healthier across the country.DealSilverstein Properties Breaks Ground on 2 World Trade CenterJul 9, 2026City officials, American Express executives and tradesmen gathered in Lower Manhattan on Thursday morning to break ground on Silverstein Properties’ 2 World Trade Center tower.TenantsQSRHigh Leverage Drives Bankruptcies in U.S. Gaming, Leisure, Lodging and Restaurant SectorJul 9, 2026Recent bankruptcies in the U.S. gaming, leisure, lodging, and restaurant (GLLR) sector reflect elevated leverage, higher borrowing costs, persistent cost inflation and softer discretionary consumer spending, Fitch Ratings reported.DealOfficeAirbnb Strikes $82M Deal to Buy 281 Park Avenue South for NYC OfficeJul 9, 2026Airbnb has been revealed as the mystery buyer of 281 Park Avenue South, a landmarked building in Manhattan’s Gramercy neighborhood that is famous for its association with scammer Anna Delvey.Wayfair Plots 5 New Brick-And-Mortar U.S. Stores Through 2027Jul 9, 2026A retailer born on the internet more than two decades ago is continuing to expand its physical footprint.DealIndustrialProvident Building $25M Tucson Distribution CenterJul 9, 2026Provident Industrial acquired 10 acres in Tucson, Arizona, for the development of Valencia Airport Center, a 163,000-square-foot Class A distribution facility.DealOfficeAirbnb Buys Opulent NYC Office As It Battles Short-Term-Rental BanJul 9, 2026Airbnb is reestablishing its New York foothold with an $81.5M purchase of a Gramercy Park office building, acquiring a property so lavish it feels less like a workplace than one of the company’s luxury rental listings.OfficeStanhope And Norges Go Hunting As Sovereign Fund Pivots StrategyJul 9, 2026UK developer and asset manager Stanhope has won a mandate to manage a £4B portfolio of London and Paris office assets on behalf of Norges Bank Investment Management, the world’s largest sovereign wealth fund. The companies will also partner up to look...LendingAsana Scores $125M Refi on Historic Downtown Denver PropertyJul 9, 2026Asana Partners secured a $125 million refinancing for Larimer Square, a 513,000-square-foot, adaptive-reuse and mixed-use property in downtown Denver. Wells Fargo Bank provided the loan. Asana purchased the historic downtown block in December 2020 for $92.5 million.