National

TC Investments plans to transform a Nashville office tower it recently bought into a hotel. The Nashville Business Journal reports that the company and a handful of other investors paid $29 million for the 21-story Philips Plaza office building and plan to convert it into 360 hotel rooms. The hotel is expected to open in …

Northwood Ravin demolished a dated Charlotte public library in order to make way for a 300-unit apartment development. The Charlotte Business Journal reports the plan is to include 21,400 square feet of retail as well. The 4.5-acre south-end property is at 101 Scaleybark Road. The retail component is part of a larger mixed-use development that …

Eastern Bank led the financing for High Tide Capital LLC’s redevelopment of The Day Building in downtown New London, CT. Eastern is providing $16.9 million in construction-related financing to support the conversion of the former newspaper headquarters into 68 market-rate apartments and approximately 2,100 square feet of ground-floor retail space. The Day Complex comprises four …

After more than seven decades as a fixture in the Attleboro, MA community, Stone-E-Lea Golf Course is preparing to close at the end of 2026. Attention now turns to the future of the approximately 140-acre, family-owned site at 1411 County St. and the opportunities it presents for redevelopment. To oversee the property’s sale and redevelopment …

Sutter Health has canceled its $1-billion plan to build a hospital on its Emeryville campus, citing “the lack of a clear and predictable regulatory path” for the project. Instead, the healthcare system will move ahead on plans for comprehensive outpatient care in Emeryville while evaluating alternative East Bay locations for a future hospital.   “Our decision reflects …

teamLab, an art collective known for creating immersive environments, will open its first permanent museum in the U.S. at OCVIBE, the 100-acre sports, entertainment, and arts district currently under construction in Anaheim. Spanning approximately 110,000 square feet, the purpose-built museum will be designed around teamLab’s immersive art experience, with architecture by smith-clementi. A timeline for …

Brokers who are embracing changing market dynamics and the power of artificial intelligence (AI) are poised to succeed in this era of commercial real estate, revealed CORFAC’s Fall 2026 Market Survey. The survey of independent broker firms also showed that commercial real estate transaction activity continues to gain momentum despite persistent economic hurdles. Nearly two-thirds …

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by …

Terra and Fortune International Group secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies for their planned ultra-luxury condominium development on the former Silver Sands Beach Resort property at 301 Ocean Drive in Miami’s Key Biscayne. Walker & Dunlop Capital Markets Institutional Advisory, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean …

Gencom, with White Bridge Capital, acquired the iconic InterContinental Miami, a 652-room waterfront hotel for $300 million (Bloomberg). The 34-story hotel is situated at 100 Chopin Plaza. It has a prominent waterfront location in the heart of Miami’s business and cultural center. Strategic Hotels and Resorts was the seller. The new owners plan to rework the …

Brookfield has opened a Doha office, anchored by its global credit platform including the recently acquired Oaktree. The Qatar News Agency reported that the move builds on Brookfield’s existing investments and partnerships in Qatar, notably its planned $20-billion joint venture with Qai, the artificial intelligence subsidiary of the Qatar Investment Authority, to develop AI infrastructure …

Northmarq’s Pacific Northwest Investment Sales team, led by Sean Tufts, Kevin Adatto, Joe Dugoni, and Jack Hallberg, completed the $19 million sale of Canyon Ridge Plaza, an 86,909-square-foot multi-tenant retail community center located at 26015 104th Ave. SE in Kent, Washington. The property was acquired by Kimco Realty. “Shopping centers continue to be one of …

The U.S. investment sales market continued to gain momentum through the third quarter of 2026, recording approximately $389 billion in sales across office, multifamily, industrial, retail and development properties, Avison Young reported. Q3 volume reached $143 billion, the strongest Q3 since 2022. Multifamily continued to account for the largest share of investment dollars, while industrial …

Airports were once places where planes landed and took off, and passengers (and cargo) flew to and from. Today, they’re moving beyond basic transport structures to “long-duration, capital-intensive assets that create sustained economic, social and financial value while shaping regional growth and investment patterns,” according to a recently released Cushman & Wakefield report. But this …

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform …

David Adam Realty and Cushman & Wakefield closed the $109.5-million sale of Tice’s Corner, the Apple-anchored lifestyle retail destination located at 441 Chestnut Ridge Rd. in Woodcliff Lake, NJ. The sale was among one of New Jersey’s largest single-asset retail transactions of the past decade. Located in one of Bergen County’s most affluent and supply-constrained …

Blueprints Capital has plans for a mixed-use development in Gilbert’s Morrison Ranch. It’s expected to include restaurants, retail and office space within the 3,000-acre master-planned community. The 16-acre project is called Lakeside Village. The 160,000-square-foot upscale development would include 14 buildings ranging in size from 858 square feet to 11,834 square feet, with outdoor patios …

Honeywell Aerospace is spending $500 million on the 300,000-square-foot manufacturing plant, near its current site in Tempe. The company plans to break ground on the facility early next year, with completion slated for late 2028. When complete, the facility will include an integrated digital production system, modular robotics, automated inspection, digital twins, and will be …

Affordable housing developer Bellwether Housing and nonprofit Chief Seattle Club will partner on a 200-unit multifamily project in Seattle’s Licton Springs neighborhood. Delivery for the project, called Thunderbird Nest, is scheduled for 2029. The total estimated construction cost is $74.5 million, reported the Puget Sound Business Journal. The majority of the units would be two-, …

Simon announced that a Simon subsidiary has entered into an agreement to acquire University Village, an open-air retail center in Seattle, Washington. Since opening in the 1950s, University Village has been a Seattle community hub. Located north of downtown near the University of Washington, the open-air shopping and dining destination features more than 100 businesses …

DML Capital has acquired a 123,272-square-foot office building in Austin, Texas, from Brick Row Holdings for an undisclosed amount. The three-story building was completed in 1998. Brick Row Holdings increased occupancy at the property from 36 percent to 98 percent after acquiring it in June 2025. Its amenities include an underground parking garage and direct …

Crow Holdings has obtained refinancing for Old Parkland East Campus, a recently completed, 289,113-square-foot addition to the Old Parkland campus in Dallas. JLL worked on behalf of Crow Holdings to secure the seven-year loan from capital accounts advised by KKR. This transaction follows the May 2026 refinancing of Old Parkland West Campus, which JLL also arranged. JLL’s Capital …

Howard University announced the groundbreaking of The Hazel, a 525,000-square-foot, 11-story multi-family building that will include 504 residential units, approximately 15,000 square feet of retail space, and 246 below-grade parking spaces in D.C.’s Shaw district. The development team includes Lowe, Affinius Capital, FLGA and Davenport Group. The Hazel is a major development for Howard University …

Representing NorthPoint Development, Colliers has completed the lease-up of Austin Ridge Logistics Center, bringing the newly delivered, two-building industrial park in Virginia’s Stafford County to 100% occupancy. The full lease-up reflects continued demand for high-quality industrial and logistics space along the I-95 corridor and growing activity in Stafford County, which has emerged as an increasingly …