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Net lease news – page 331
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CMBS Delinquencies Reverse Monthly Decline, Rise in MarchThe Trepp CMBS Delinquency Rate increased by 41 basis points to 7.55% in March 2026, reversing February’s decline. Four of the five major property types saw increases in their delinquencies, led by lodging with a 137-bp increase to 7.31.
Return to Lender: Week of April 2, 2026The post Return to Lender: Week of April 2, 2026 appeared first on Connect CRE.
Austin Hotel to Close, to Reopen with Hyatt BrandThe Standard brand by Hyatt is set to debut its first Texas outpost with The Standard, Austin.
Representative imageTech Company Iru Inks 92K-SF Lease in Miami’s Coconut GroveTech company Iru has planted a flag in Miami, taking 91,959 square feet in the Coconut Grove neighborhood, making it one of the city’s largest office leases this year.
Oracle Signs 116K-SF Lease in Nashville MidriseCousins Properties executed a long-term lease for 116,000 square feet with Oracle at its Neuhoff mixed-use development in Nashville, TN. Oracle is expected to occupy the space in the second half of 2026.
As Insurance Premiums Surge, Sophisticated Property Owners Are Turning to Captive InsuranceInsurance has become one of the biggest variables in commercial real estate deal math. In New York, premiums on rent-stabilized buildings have surged 150 percent since 2019, according to NYU’s Furman Center.
Saks Fifth Avenue Secures $500M in Loans to Emerge From BankruptcySaks Fifth Avenue has secured half a billion dollars in financing to stabilize its balance sheet for when it emerges from Chapter 11 bankruptcy.
Representative imageDalfen Industrial Acquires 1.4 MSF Portfolio in Dallas, Midwest for $207.5MDALLAS — Locally based investment firm Dalfen Industrial has acquired a portfolio of 19 industrial properties totaling approximately 1.4 million square feet, the majority of which (13) are located in the Dallas area. The sales price was $207.5 million.
Retail Center Owner Obtains Refi on 84K-SF Punta Gorda DevelopmentKitson & Partners inked a $17.7. million refinancing for Crescent B Commons, a 100%-leased, 84,410-square-foot Publix-anchored neighborhood shopping center located within the Babcock Ranch master-planned community at 42031 Cypress Parkway in Punta Gorda, Florida.
Representative imageRosewood Receives Zoning Approval for 156-Acre Mixed-Use Development in PlanoPLANO, TEXAS — Rosewood Property Co. has received zoning approval from the Plano City Council for Heritage Creekside, a 156-acre mixed-use development that will be located near the intersection of U.S. Highway 75 and President George Bush Turnpike.
CBRE Brokers Sale of 278,842 SF Baybrook Village Shopping Center in Metro HoustonWEBSTER, TEXAS — CBRE has brokered the sale of Baybrook Village, a 278,842-square-foot shopping center located in the southeastern Houston suburb of Webster.
Ladder Capital Provides $30M Refi for Midtown Manhattan Office BuildingMJ Orbach Associates has landed a $29.5 million loan to refinance an office building in Midtown Manhattan, Commercial Observer has learned. Ladder Capital supplied the loan for the real estate investment firm’s 176,000-square-foot property at 260 West 39th Street.
Bell Partners Acquired by Canadian Lifeco for $350MGreensboro-based multifamily property builder Bell Partners has been acquired by Sun Life for $350 million.
Gen Z Is Defying Traditional Shopping Patterns, Says NRF PanelThe U.S. retail industry is entering a new era of transformation, and two forces are emerging as the primary architects of change: Generation Z and artificial intelligence (AI).
Berkadia Arranges Sale of 200-Unit Apartment Complex in West HoustonHOUSTON — Berkadia has arranged the sale of Green Tree Place, a 200-unit apartment complex in West Houston. Built in 1984, the property offers one- and two-bedroom units and amenities such as a pool, fitness center, business center, playground, outdoor kitchen and a cyber café.
Representative imageNaftali Provides $203M in Financing for Office-to-Residential Conversion Project in ManhattanNEW YORK CITY — Naftali Credit Partners, an alternative lender and subsidiary of global investment firm Naftali Group, has provided $203 million in financing for an office-to-residential conversion project in Midtown Manhattan.
Crescent Communities, Rockefeller Break Ground on 530-Unit Apartment Development in Metro D.C.ARLINGTON, VA. — Crescent Communities and Rockefeller Group have broken ground on NOVEL Arlington, a 530-unit apartment development in the Washington, D.C., suburb of Arlington.
Partnership Breaks Ground on 1,200-Bed Residence Hall at Northeastern University in BostonBOSTON — A public-private partnership between American Campus Communities (ACC) and Northeastern University has broken ground on a 1,200-bed residence hall at 840 Columbus Ave. on the institution’s campus in Boston.
JLL Arranges Refinancing for 506-Room Tri-Brand Hotel in Downtown NashvilleNASHVILLE, TENN. — JLL has arranged the refinancing of a tri-brand Marriott hotel located at 410 Rep. John Lewis Way S in downtown Nashville.
BC Wood Purchases Virginia Beach Shopping Center for $34.9MVIRGINIA BEACH, VA. — Lexington, Ky.-based BC Wood Properties has acquired Fairfield Shopping Center, a 184,106-square-foot shopping center located in Virginia Beach, for $34.9 million. Food Lion and T.J. Maxx anchor the center, which was 93 percent leased at the time of sale.