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Chicago/Midwest People & Company News, week of June 26, 2026Cresa announced that Julie Northcutt-Dunn joined as president, markets, a newly created executive role focused on driving growth across Cresa’s market operations through strategic planning, operational excellence and organic growth initiatives.
Report: Has Brexit Been a Boon to the UK?On June 23, 2016, citizens turned out in a national referendum to decide whether the United Kingdom should withdraw from the European Union.
New York People and Company News, Week of June 26, 2026The post New York People and Company News, Week of June 26, 2026 appeared first on Connect CRE.
Marcus & Millichap Names National Lead for Net Lease DivisionMarcus & Millichap said Thursday that Thomas Gorman has been appointed senior managing director and leader of its national net lease division.
Additional Washington Federal Properties Identified for Potential SaleThe Public Buildings Reform Board has identified several federal properties in the Greater Washington area for potential sale or redevelopment as part of ongoing efforts to shed millions of square feet of underutilized office space nationwide.
Tishman Speyer’s TS Communities Lines Up Funds for Next Phase of Edgemere CommonsTishman Speyer’s TS Communities has secured financing and will soon begin construction on its third apartment building at Edgemere Commons in Far Rockaway, Queens, the 100% affordable residential neighborhood the firm is developing in partnership with New York City and New York…
California People and Company News, Week of June 26, 2026The post California People and Company News, Week of June 26, 2026 appeared first on Connect CRE.
Woodmont, Sagard Launch Redevelopment of Rahway Industrial SiteWoodmont Industrial Partners, in partnership with Sagard Real Estate, has broken ground on the redevelopment of a 25-acre industrial site at 349 & 389 New Brunswick Ave. in Rahway, NJ.
Anna Maria College Campus in Central MA Listed for SaleAfter its closure in May, the campus of Anna Maria College in Paxton, MA has been listed for sale, with Worcester-based Kelleher & Sadowsky Associates selected as the property’s listing broker, the Worcester Business Journal reported.
Representative imageHabitat for Humanity to Build 179 Co-op Units in Brooklyn and the BronxHabitat for Humanity is building out an ecosystem in the outer boroughs, Commercial Observer has learned.
S3 Capital Lends $101M on Luxury Resort Project Near OrlandoA joint venture between Urban Network Capital Group and Vertical Developments has landed $101 million of construction financing to build a master-planned luxury resort community in suburban Orlando, Commercial Observer has learned.
Law Firm Alston & Bird Takes 170K SF at 51 West 52nd StreetInternational law firm Alston & Bird has signed a major deal to relocate its offices from Park Avenue.
Big V, Seitz Start Work on 355K-SF Anna Retail CenterBig V Property Group and The Seitz Group are beginning construction on Rosamond Town Center in Anna, Texas The 355,826-square-foot, open-air center will be anchored by Academy Sports + Outdoors, Aldi, Burlington, EOS Fitness, Hobby Lobby, HomeGoods, PetSmart and T.J.
Design Firm Décor Global Inks 7K-SF Lease at 231 West 39th StreetManhattan’s Garment District has sewn up yet another design tenant. Décor Global, an apparel, accessory design and manufacturing company, signed a lease spanning 6,973 square feet at 231 West 39th Street, Commercial Observer has learned.
CRED iQ Reports 78-BP Increase in CMBS Distress Rate for MayCRED iQ’s overall CMBS distress rate, which combines special servicing transfers and loan delinquencies, rose to 11.86% in May 2026, up from 11.08% in April.
Return to Lender: Week of June 25, 2026The post Return to Lender: Week of June 25, 2026 appeared first on Connect CRE.
Diversified Advancing Mesa Power CenterDiversified Partners is moving ahead with Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange at Signal Butte Road in Mesa, Ariz.
Representative imageCommercial Real Estate Should Stop Overlooking Qualitative DataQuantitative data drives and informs decision-making in the multitrillion-dollar commercial property sector, but what ultimately decides the outcome of an investment lies in the vastitude of qualitative data.
Alliance Sells Phoenix Apartments for $81.4MGoldman Sachs acquired Broadstone Seventh Street, a 258-unit multifamily property in Phoenix. Commercial Search reports Alliance Residential Co. sold the asset for $81.4 million.
Representative imageCareRite Centers Acquires Queens Nursing Home for $58MCareRite Centers, a New Jersey-based physical therapy, elder care and rehabilitation provider, has acquired the Grand Rehabilitation and Nursing at Queens for $58.2 million, property records made public Wednesday show.