National

Signature Property Group refinanced Elevate Rocky River, a 360-unit rental community near Charlotte. Regions Bank arranged the $64 million Freddie Mac Loan.  The loan replaces a prior construction loan, following property stabilization, with a permanent debt solution. The community, in Monroe, North Carolina, offers one- and two-bedroom floor plans, is pet-friendly, and features modern, refined …

Southwire is spending over $250 million on the expansion of its Starkville, Mississippi factory. Southwire is a Georgia-based wire and cable manufacturer that first acquired its Starkville plant in 1989. The Starkville expansion project, which will add approximately 380,000 square feet to the location’s footprint and represents a corporate investment of more than $256 million, is …

Monarch Capital Partners, a Boston-based commercial real estate investment firm, completed its first acquisition: 115 & 117 Flanders Rd. in Westborough, MA. The 115,241-square-foot flex/R&D/office and shallow-bay industrial property was acquired for $10.7 million, or approximately $93 per square foot. The acquisition was completed through a joint venture between Monarch and Lockspur Real Estate, founded …

Marcus & Millichap closed the sale of 400 Iron Horse Park, an industrial property in Billerica, MA. The sale price was $4.45 million. “This was a competitive marketing process with multiple offers. The eventual buyer was able to close quickly with minimal contingencies,” said Harrison Klein, managing director investments in Marcus & Millichap’s Boston office. …

Avison Young arranged the sale of the former U.S. headquarters campus of Yamaha Motor Corporation, U.S.A., located at 6555 Katella Ave. in Cypress. LA Business First identified the buyer as The Walt Disney Co., which paid $115 million and will use the property for back-office operations. Yamaha will lease back the property, its U.S. headquarters …

Marcus & Millichap has finalized the sale of 13103 Barbara Ann St., a 41-unit multifamily property in North Hollywood. The property sold for nearly $5.89 million, or $143,610 per unit, and closed escrow at a 5.7% cap rate based on in-place income. “The property had been under the same ownership for more than 30 years, …

CBRE represented the seller in the $2.75 million sale of 167 N. Morgan St., a vacant three-story industrial building in Chicago’s Fulton Market neighborhood. The buyer, Hubbard Street Group, plans to redevelop the property into a mixed-use building with 20 apartments above approximately 3,300 square feet of ground-floor retail. The property sits in the heart …

Mojo Coffee has officially opened at 70 W. Madison in Chicago’s Loop, taking over a ground-floor corner of the office tower owned and managed by partners, Namdar Realty Group and Mason Asset Management. The New Zealand-born specialty roaster joins over 244,000 square feet of leasing activity across the building in recent months, including significant lease …

The Fuse Group and KREA Developments landed a $127 million construction take-out loan for The Arcadian, a recently delivered 502-unit Fort Lauderdale multifamily community. Berkadia’s Scott Wadler, Brad Williamson, Bobby Dockerty, and Nicholas Horowitz of Berkadia Miami arranged the financing on behalf of the joint venture. Madison Realty Capital provided the loan. Located at 640 …

April Housing, a preserver of affordable housing, inked a $366.1 million refinancing on 13 Florida apartment communities. Berkadia’s Tim Leonhard secured financing through Fannie Mae on behalf of April Housing, a Blackstone portfolio company. The portfolio includes garden-style multifamily housing assets in Miami, Jacksonville, and Tampa. The transaction advances the continued preservation and operation of …

KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a 2.7-million-square-foot portfolio of eight UK logistics assets from Ares Real Estate funds. According to published reports, the portfolio is valued at approximately £400 million (US$529 million). The fully occupied portfolio comprises modern, high-quality assets across established distribution markets in the …

Realty Income Corporation and KKR have formed a euro-denominated joint venture that is expected to own a diversified portfolio of existing European net lease real estate assets contributed by Realty Income, spanning four markets and a broad mix of industries and tenants. Capital accounts advised by KKR intend to make an initial investment of €528 …

Walker & Dunlop, Inc. said Monday it arranged $630,618,000 in fixed-rate loans from Fannie Mae to refinance nine multifamily properties across six states on behalf of IMT Capital. The portfolio totals 3,528 units in Florida, Arizona, Texas, Colorado, California and Tennessee. A Walker & Dunlop Capital Markets Real Estate Finance team led by Cory Wizenberg, …

Read the commercial real estate headlines and you would picture the market as rows of glass towers and mega-warehouses ringing a handful of big cities: distressed office high-rises, institutional write-downs, the occasional gateway-city megadeal. Big names, big cities, big bets, big wins and losses.  That may be the part that draws attention, but it’s not …

Manhattan office leasing volume in the third quarter of 2026 remained well above historical averages at 10.3 million square feet and marked the first time since 2002 that leasing activity exceeded 10 million square feet for four consecutive quarters, Colliers reported. Year-to-date demand reached 32.86 million square feet, the strongest comparable period since 2000. “We …

Capstone Equities, its partners Rugby Realty and Republic Investment Company, and JLL announced today that Conduct AI will open its first U.S. office at 140 Crosby St., a boutique Class A office building in Manhattan’s SoHo neighborhood. The lease encompasses the entire 6,705-square-foot third floor and represents the first transaction at the property since Capstone …

Agora Realty (Agora) has started construction on the third and final phase of development for its 73-acre master planned mixed-use community Hylo Park.  When completed the new $375-million, 25-acre phase will be a professional-level, mixed-use youth sports-and sports tourism-focused walkable entertainment district with a complementary mix of quality amenities to serve residents, youth and amateur …

The Wrigley Mansion is joining the Arizona Biltmore under ownership by Henderson Park in a joint venture with Western & Southern Financial Group, and funds managed by Hamilton Lane, South Street Partners and Pyramid Global Hospitality. Pyramid Global Hospitality will oversee operations at both properties. It was sold by the Hormel family, who owned it …

Northmarq’s Seattle Debt + Equity team, led by Robert Spiro and Ben Biggers, arranged $25.5 million in acquisition financing for Chambers Reserve, a 125-unit luxury rental townhome community at 3725 Wildspitz Lane SE in Lacey, Washington. Northmarq arranged the permanent, fixed-rate loan through Freddie Mac on behalf of the borrower. The loan carries a seven-year term. …

Newmark has arranged the $30.9 million sale of Trellis West, a 214,152-square-foot advanced manufacturing and research and development campus in Hillsboro, Oregon, to buyer SKB and KCB Partners. Newmark Director Kellen Kollmorgen represented the seller in the transaction. Leasing efforts at Trellis West were led by Newmark Portland Market Leader and Managing Director Travis Parrott …

Hunington Properties secured its financing, enabling it to begin work on The Vic at Sunterra, a 279-unit multifamily community in Katy. The $47 million, HUD 221(d)(4) non-recourse financing provides a high loan-to-cost ratio and substantial proceeds, with a 24-month interest-only period, followed by a fully amortizing 40-year term providing the borrower long-term stability and predictable …

Private equity investor Riverside has acquired Lavaca Plaza, an 11-story building with 122,042 square feet of office space in Austin, Texas, for an unspecified price. Unico Properties sold the asset. Commercial Search reports Unico paid $61.4 million for the property in 2015. In the marketing material, JLL suggested the property might be a candidate for …

Rockpoint, a Boston-based real estate private equity firm, and Rockpoint Industrial, an operating partner exclusive to Rockpoint, announced the acquisition of Richmond Trade Center, a 1.03-million-square-foot, five-building industrial campus in Chester, Virginia. Rockhill, Rockpoint’s property services affiliate, will manage and operate the property. Financial terms of the transaction were not disclosed. Developed in 2015, Richmond …

Marcus & Millichap announced the sale of 6145-6149 Kansas Ave. NE in Washington, D.C.’s Riggs Park neighborhood. The asset sold for $1.3 million. “Multifamily rental properties are in short supply in this pocket of the Manor Park and Brightwood submarket, making this a rare investment opportunity,” said John Slowinski, associate director of investments in Marcus …