National

USA Rare Earth broke ground on a $1.2 billion magnet manufacturing facility in Blacksburg, South Carolina, 45 minutes west of Charlotte. The facility will create 490 jobs. The magnets and refined metals produced in Blacksburg will support needs in the defense, aerospace, semiconductor, medical, AI, energy and advanced manufacturing industries. Blacksburg was selected for its …

Insignia plans to spend over $10 million to revamp a large office complex in Vinings that was formerly Home Depot’s headquarters. The property at 2727 Paces Ferry has approximately 640,000 square feet of office space. It has two 18-story towers. The Atlanta Business Chronicle reports that Insignia paid just $21.75 million for the property, having …

Avatar Financial Group LLC has provided a $6.45-million bridge loan to finance the acquisition of Hotel Providence, an 80-room boutique hotel in Downtown Providence, RI. The two-year, first-lien loan was originated at 63% loan-to-value. The hotel has operated without a brand affiliation since its Wyndham flag was discontinued in early 2025, and the prior owner did …

Global Partners, a leading independent liquid energy supplier and retail operator, has opened its new corporate headquarters at 275 Grove S. in Newton, MA. The new headquarters occupies three floors of Building 3 for 125,000 square feet of space, a 75% increase over the company’s previous footprint in Waltham. The office includes 38 conference rooms, …

Northmarq’s Newport Beach and Los Angeles Debt + Equity teams, led by Joe Giordani, Alex Kane, and Karl Weidell, arranged a $29.3-million refinance for Chapman Market, a historic 41,241-square-foot multi-tenant dining and entertainment center located at 3465 W. 6th St. in Los Angeles. Northmarq arranged financing on behalf of the borrower, Arc Capital Partners, through a …

The recent Connect Industrial West 2026 in-person event in Irvine brought in industry leaders for candid discussions of topics ranging from development to dealmaking. If you missed the event, we’ve collected some of the highlights for you. In the video below, you will hear insights on the rise of advanced manufacturing in Southern California, the …

Marcus & Millichap brokered the sale of 28101 Ballard Drive, a 32,003-square-foot, six-unit industrial property in Lake Forest, Illinois. The property sold for $3.46 million. “The property received 12 offers and sold above the asking price, with both parties completing 1031 exchanges, including a buyer who sold a mixed-use land parcel in the city to …

Logistics Property Company, LLC (LogiPropCo) has closed a value-add joint venture with a large U.S. public pension fund. This value-add venture is the company’s third venture with institutional investors since its founding in 2018. LogiPropCo’s first two ventures, which raised approximately $3 billion of total capital from leading global institutional investors, focused on logistics facilities …

BWE secured a $101 million bridge loan with HPS, a part of BlackRock, to refinance RISE at Glen Kernan Park, a newly delivered 308-unit luxury active adult (55+) community in Jacksonville, Florida. BWE’s Andy Effler headed up a team made up of Sam Miller, Conor Lee, Paul Smith, Chad Kiner and AJ Mangan. The non-recourse, floating-rate …

HTG and Elite Equity Development, Inc. (EED) opened the doors to Naranja Grand Phase I & Phase II, a multiphase, $115 million affordable housing community delivering a combined 320 income-restricted apartments for seniors and families in South Miami-Dade.  Located at 28150 SW 147th Avenue and 28050 SW 147th Avenue, Naranja Grand consists of two eight-story …

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 …

Ares Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecessor …

GTIS Partners LP said Tuesday it has rebranded as Brightshore Capital LP, following the 21-year-old real estate investment firm’s transition to 100% ownership by its partners. The firm also announced the launch of Brightshore Credit, a real estate debt investment platform anchored with a $250-million investment that will focus on origination and investment in high-yield …

Widely considered an endangered property type following the COVID-19 pandemic, malls are now the top-performing sector in the U.S., the Wall Street Journal reported. Mall values are up 13% over the past year, more than double the increase in overall commercial real-estate prices, the WSJ reported, citing Green Street data. “In terms of how we …

JLL arranged an 11,185-square-foot office lease for Orbital, the AI platform for real estate legal work, at 40 W. 25th St. in Manhattan’s Flatiron District. Orbital will relocate from a temporary shared office to occupy the entire sixth floor of the 12-story building, establishing the location as its New York City headquarters. The company also …

Marriott International, Inc. and SomeraRoad, a New York- and Nashville-based opportunistic real estate investment and development firm, will partner on The Ritz-Carlton Residences, Brooklyn Heights, a collection of luxury residences. The project to redevelop the former 14-story Renaissance Revival Hotel Bossert at 98 Montague St. represents the borough’s first branded residential offering. “The Hotel Bossert …

Bridge Investment Group and Hatteras Sky inked a $130 million bridge refinance for SAIYA, a newly built, 389-home, Class A mixed-use development located in Downtown Phoenix’s Roosevelt Row Arts District. Dwight Investment Management, an affiliate of Dwight Capital originated the financing. Completed in 2025, the 23-story high-rise offers a mix of studios, one-, two-, and three-bedroom units. The …

An affiliate of Rialto Capital Management has scheduled a foreclosure sale for River Corporate Center, a 133,225-square-foot office building at 8075 S. River Parkway in Tempe. The building is located within the tech-focused, 2.2 million-square-foot ASU Research Park, home to major tenants such as publicly traded electronics giant Avnet Inc., which has moved its global headquarters to the campus. Oaktree Capital Management obtained …

Non-residential construction conditions in the Seattle area remained broadly stable through the first half of 2026, though cost pressures varied significantly by market, trade and project type. According to a recent report by Mortenson, mega-project investments remain the strongest source of upward pressure, while softer demand across portions of the commercial and institutional market continues …

Newmark has arranged a $55 million loan on behalf of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald to refinance Swell Apartments, a 200-unit multifamily community in Seattle, Washington. Newmark’s Co-Head of Global Debt & Structured Finance, Jordan Roeschlaub; Vice Chairman, Chris Kramer; Senior Associate, Sam Speciale; and Analyst, Lance Tillman arranged the financing …

Target Corp. plans to open a new store at a 75-acre retail development in Bastrop. The store, slated to go in at State Highway 71 and Farm to Market Road 969, is about 35 miles east of Austin. The retail center, Sendero (shown), could feature 250,000 square feet of retail and restaurant space, 782 apartments, …

Hut 8 Corp. is starting work next week on the Beacon Point data center campus in Nueces County. The 657,130-square-foot facility is estimated to cost $399 million. It hopes to have the facility operational in November of 2027. The facility is planned for 4650 FM 1694 in Robstown. Hut 8 Corp. says Beacon Point will be a …

Colliers completed the $12.72 sale of 2501 Grant Avenue, a 119,728-square-foot industrial facility situated on 5.96 acres in Northeast Philadelphia. The property was acquired by 2361-2371 Welsh Acquisitions LLC. Colliers Vice Chair Rich Gorodesky, SIOR, and Vice President Adam Gorodesky, CCIM, represented the seller, Grant Equities LLC, in the disposition. 2501 Grant Avenue is occupied …

M&T Realty Capital Corporation (M&T RCC) announced the closing of a $49.8 million bridge acquisition loan for Varsity on K, a 197-unit multifamily property located in the Foggy Bottom neighborhood of Washington, D.C., adjacent to George Washington University.  The financing will facilitate the acquisition and stabilization of the property by HH Fund, a repeat M&T …