by Kipp Gillian | Jan 15, 2026 | Hotel
The Cambria Hotel Mesa is being built on the corner of Elliot and Ellsworth roads in Mesa and is one of the anchor tenants of the upcoming $60 million East Gate Plaza shopping center. The Phoenix Business Journal reports this will be the third Cambria property in the...
by Kipp Gillian | Jan 15, 2026 | Multifamily
Rockefeller Group is developing Corsica Villas at Laveen, a 213-unit build-to-rent residential community in the Laveen neighborhood of Phoenix. Located at the base of South Mountain, the project broke ground in October 2025. Since 2014, Rockefeller Group has...
by Kipp Gillian | Jan 15, 2026 | Office
Ryan Companies added Nathan Golik as president of the South Central region. Golik will oversee real estate development and construction efforts across Texas, Oklahoma, Louisiana and Arkansas. Anchored by offices in Austin and Dallas. Golik most recently worked at...
by Kipp Gillian | Jan 15, 2026 | Retail
Robert Rowe, the founder ot Rowe’s IGA Supermarkets, sold two supermarket-anchored parcels to NETSTREIT, a publicly traded company specializing in single-tenant, net-lease assets for $17 million. The Jacksonville Business Journal reports the larger of the two...
by Kipp Gillian | Jan 15, 2026 | Retail
The Ardent Companies acquired Perimeter Pointe, a 360,000-square-foot retail property located in the heart of Atlanta’s Perimeter market. Plans are underway for Ardent to reposition the shopping center into a mixed-use destination. Ardent’s mixed-use...
by Kipp Gillian | Jan 14, 2026 | California Real Estate
Annual U.S. GDP growth will slow to 2.0% in 2026, with softening labor market conditions and marginally lower inflation averaging 2.5%, CBRE forecasts. Despite these challenges, commercial real estate investment activity is expected to increase by 16% in 2026 to $562...
by Kipp Gillian | Jan 14, 2026 | California Real Estate
Heightened volatility in short-term interest rates, or a sudden squeeze in repo financing, could prove highly disruptive for the Treasury basis trade—a widely used hedge fund strategy that pairs long cash Treasuries with short futures. In this structure,...
by Kipp Gillian | Jan 14, 2026 | Distressed Assets
Following its bankruptcy filing late Tuesday, Saks Global Holdings LLC announced Wednesday it has secured a financing commitment of approximately $1.75 billion, comprising $1.5 billion from an ad hoc group of the company’s senior secured bondholders and...
by Kipp Gillian | Jan 14, 2026 | Affordable Housing
Caribbean Isles will bring Miami 142 residences for senior housing. Rendering courtesy of Pinnacle Miami-based Pinnacle Housing has received $68 million in construction and equity financing for Caribbean Isles, a 142-unit affordable senior housing project in its...
by Kipp Gillian | Jan 13, 2026 | Hotel
Cawley Partners and Alamo Manhattan purchased 2909 Cole Ave., a three-story office tower. The new owners plan to convert it into a 140-room hotel. Alamo built the Marriott Dallas Uptown hotel on Fairmount Street. The Dallas Business Journal reports that the two firms...
by Kipp Gillian | Jan 13, 2026 | Hotel
The Mayo Clinic developed a hotel last year to ensure family and friends could stay near where their loved ones were being cared for. Baptist Health plans to develop a 15-story hotel on Jacksonville’s Southbank adjacent to its hospital. Baptist Health aims for the...
by Kipp Gillian | Jan 13, 2026 | Affordable Housing
De Soto is slated for completion in early 2028. Rendering courtesy of AC Martin A partnership between Meta Housing Corp. and general contractor R.D. Olson Construction has broken ground on De Soto, a $62 million affordable housing project in Los Angeles’ Woodland...
by Kipp Gillian | Jan 12, 2026 | Hotel
Marcus & Millichap completed the sale of a 78-room Comfort Suites hotel property in Elgin, Illinois.“The property offered an attractive opportunity due to its recent full renovation to Choice Hotels’ latest Rise and Shine brand standards,” said Ebrahim Valliani,...
by Kipp Gillian | Jan 9, 2026 | Hotel
Developers of the planned JW Marriott Resort McKinney Craig Ranch hotel originally planned to move dirt on the hotel this year, but have had to delay the project until they can obtain financing. Community Impact reports construction commencement and completion...
by Kipp Gillian | Jan 9, 2026 | Hotel
Like many sports franchises, the San Antonio Spurs are would like to develop a mixed-use entertainment and shopping district near their arena. The city has offered $30 million to buy three downtown parcels from the federal government. If the city is successful it...
by Kipp Gillian | Jan 9, 2026 | Affordable Housing
“My leadership is grounded in empathy but also in expectation, because I know firsthand that those two together can change a person’s trajectory,” said Ciammaichella. Image courtesy of KTGY Lily Trinh Ciammaichella didn’t arrive at housing design by...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Vornado Realty Trust has acquired 3 E. 54th St., a demolition-ready office property situated on 18,400 square feet of land, for $141 million. The REIT acquired the mortgage on the property, formerly owned by Cohen Brothers Realty, in two transactions in 2024 and 2025;...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Top-line CMBS delinquency rates moved higher through 2025 and are expected to remain range-bound in 2026, as strong issuance continues to offset rising dollar volumes of delinquent loans, Trepp reported. Although the overall delinquency rate ended 2025 at 7.30%,...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Lone Star Funds has acquired debt backed by a building previously owned by WeWork, positioning itself to take ownership of the San Francisco office tower through foreclosure. The San Francisco Business Times reported that a Lone...
by Kipp Gillian | Jan 8, 2026 | Hotel
The town of Nederland has bought the Eldora Ski Resort up the mountain from Boulder for $120 million. The seller, Powdr Corp., will remain for two years to assist with hiring, IT systems, marketing, and capital planning. The Denver Business Journal reports the town...
by Kipp Gillian | Jan 8, 2026 | Affordable Housing
Towne Gardens Apartments in Buffalo, N.Y., where a joint venture led by BFC Partners secured $126 million in financing from public and private sources to redevelop the 18-acre property with 360 units. Image courtesy of BFC Partners. Nearly a year after purchasing the...
by Kipp Gillian | Jan 8, 2026 | Affordable Housing
Walker & Dunlop arranged a $45.7 million Freddie Mac loan and $41.5 million in LIHTC equity for the development of Saddleback Village, a 215-unit affordable build-to-rent project located in Phoenix, Ariz. Rendering courtesy of Dominium Walker & Dunlop...
by Kipp Gillian | Jan 7, 2026 | Distressed Assets
Trinity Place, a mostly vacant 17-story Denver office tower, has been acquired for $6 million. The recent sale is one of many distressed property sales in Denver that have occurred recently. The Denver Business Journal reports that last year, Brookfield sold two...
by Kipp Gillian | Jan 6, 2026 | Distressed Assets
Convene Hospitality Group (CHG) has completed the acquisition of NeueHouse under the terms of an Asset Purchase Agreement approved in bankruptcy court. CHG has acquired the brand’s intellectual property and the operations of the NeueHouse Madison Square location...
by Kipp Gillian | Jan 6, 2026 | Affordable Housing
The Geneva currently comprises two nine-story office towers. Image courtesy of Post Brothers Post Brothers has closed on $575 million in funding for The Geneva, an office-to-residential project in Washington, D.C., that will convert two office buildings into a...
by Kipp Gillian | Jan 6, 2026 | Distressed Assets
Elliott Investment Management and partners Probis Strategic Solutions and Callahan Capital Partners have acquired 101 Mission St. in San Francisco through a deed-in-lieu transaction that valued it at roughly $82 million, reported the San Francisco Business Times. The...
by Kipp Gillian | Jan 6, 2026 | Affordable Housing
The Preserve at Mustang Creek, a 252-unit affordable housing community in Red Rock, Texas, an Austin suburb. Image courtesy of Cadence McShane Construction Co. Broadway Street Development has delivered The Preserve at Mustang Creek, an $88 million, 252-unit affordable...
by Kipp Gillian | Dec 30, 2025 | Affordable Housing
Arverne East will feature 1,320 affordable rental units and 330 market-rate apartments, in addition to 180,000 square feet of office and commercial space. Rendering by Local Office Landscape/Bernheimer Architecture, courtesy of New York City Housing Preservation &...
by Kipp Gillian | Dec 23, 2025 | Affordable Housing
The Stewart Hotel was built in 1929 and stands 31 stories high. Image courtesy of Slate Property Group Slate Property Group and Breaking Ground are teaming up on a $500 million affordable housing project in Midtown Manhattan. The joint venture acquired the vacant...
by Kipp Gillian | Dec 22, 2025 | Affordable Housing
Troy Marek As we prepare to step into a new year, both multifamily and senior housing remain strong asset classes despite any headwinds they face. The fortitude of these housing categories is a result of them being a necessity and the demand for units. As...
by Kipp Gillian | Dec 18, 2025 | Affordable Housing
Housing research continues to reinforce a familiar reality: The U.S. still faces a severe shortage of affordable rentals, particularly for the lowest-income households. What changed in 2025 was not the depth of the need but the toolkit available to address it. The...
by Kipp Gillian | Dec 17, 2025 | Affordable Housing
60 of 19-19 Cornega Avenue’s 92 units will be supportive housing. Image courtesy of PMG Affordable PMG Affordable and Brisa Builders Development have topped out construction on 19-19 Cornaga Ave., a 92-unit affordable housing community located in Far Rockaway, N.Y....
by Kipp Gillian | Dec 17, 2025 | Affordable Housing
MHN Voices panelists. Clockwise from the top: Suzann Silverman, MHN; Jamie Woodwell, MBA; Tyler Griffin, Lument; Sharon Wilson Géno, NMHC; Alex Valente, Trammell Crow Co.; Mike Miner, Berkadia. Screenshot by Michelle Matteson Watch the webinar. High deliveries,...
by Kipp Gillian | Dec 17, 2025 | Affordable Housing
“Demonstrated local commitment to affordable housing has been increasingly attractive to developers,” Jeff Dean, director of analytics with Walker & Dunlop’s affordable housing sales division, told Multi-Housing News. Image courtesy of Walker & Dunlop The...
by Kipp Gillian | Dec 16, 2025 | Affordable Housing
A rendering of the planned market rate apartment development located 2900 Potomac Ave. Image courtesy of KTGY One year after submitting plans to the City of Alexandria, Va. for a mix of affordable and market-rate rental and for-sale homes in Potomac Yard, JBG SMITH...
by Kipp Gillian | Dec 15, 2025 | Affordable Housing
Both the House and Senate have proposed bills to spur housing development. Image by Brandon Moser/Adobe Stock A bipartisan group of lawmakers in the U.S. House of Representatives has introduced the Housing for the 21st Century Act, which aims to increase housing...
by Kipp Gillian | Dec 12, 2025 | Affordable Housing
A rendering of 702 Manufacturers Road, which will have approximately 15 percent of its units designated as affordable. Image courtesy of Atlantic Cos. The Atlantic Cos. has received a $24 million equity investment for the development of 702 Manufacturers Road, a...
by Kipp Gillian | Dec 12, 2025 | Affordable Housing
Blackstone and La Caisse’s recently refinanced collection in Manhattan features more than 100 such buildings. Image courtesy of Yardi Matrix Blackstone and La Caisse, formerly Ivanhoé Cambridge, have obtained a $3.3 billion refinancing debt package for Stuyvesant Town...
by Kipp Gillian | Dec 11, 2025 | Affordable Housing
Haverstock Hills Apartments, a 700-unit affordable housing community in Houston that was acquired by Fairstead in a $242 million deal. Image courtesy of Fairstead Fairstead has expanded its Houston portfolio with the $242 million purchase and planned reservation of...
by Kipp Gillian | Dec 10, 2025 | Affordable Housing
The mixed-income project will feature 4,700 square feet of ground-floor retail along the Passaic River. Rendering by SK Development, courtesy of Walker & Dunlop A joint venture between The Berger Organization and SK Development has secured a capital package of...
by Kipp Gillian | Dec 9, 2025 | Affordable Housing
Greenpoint Central, a 473-unit Class A community located in Brooklyn’s Greenpoint neighborhood. Image courtesy of Walker & Dunlop and Eli Marias An affiliate of Madison Realty Capital has secured a $285 million bridge loan for refinancing Greenpoint Central,...
by Kipp Gillian | Dec 8, 2025 | Affordable Housing
The property consists of two towers connected by a podium structure, located on the banks of the East River. Image property of Yardi Matrix Clipper Equity will obtain a $450 million debt package for Tower 77, a 766-unit partially affordable community in Brooklyn,...
by Kipp Gillian | Dec 5, 2025 | Affordable Housing
The first two phases of HōM Flats at 28 West feature 12 buildings such as this one. Image courtesy of Yardi Matrix Magnus Capital Partners has secured a debt and equity package of $90.8 million for the development of HōM Flats at 28 West’s third phase, a 200-unit...
by Kipp Gillian | Dec 4, 2025 | Affordable Housing
The 300-unit community is set to come online by the end of 2027. Image courtesy of JLL Capital Markets Monadnock Development has obtained a $175 million construction loan for 155 Third St., a 300-unit community in Brooklyn. A partnership between PCCP LLC and U.S. Bank...
by Kipp Gillian | Dec 3, 2025 | Affordable Housing
Suzann D. Silverman, Editorial Director I pushed back my chair after demolishing a plate of turkey, stuffing and cranberry sauce, and thought about … what a cliché it’s become to consider what we’re thankful for on Thanksgiving. And yet, when else do you take the time...
by Kipp Gillian | Dec 3, 2025 | Affordable Housing
In multifamily, wellness is often associated with fitness centers and green spaces. But for affordable housing developers, the concept takes on a whole new meaning. Wellness in the sector requires nuanced decisions about a complex array of issues that range from...
by Kipp Gillian | Dec 3, 2025 | Affordable Housing
Wildcreek Apartments, completed in 1984. Image courtesy of Continental Realty Group Continental Realty Group has acquired Wildcreek Apartments a 232-unit community located in Austin, Texas. The firm purchased the property through subsidiary Continental Realty Assets...
by Kipp Gillian | Dec 2, 2025 | Affordable Housing
NIMBYism in certain neighborhoods is still a factor in achieving the density that makes affordable development financially realistic, according to Aufgang. Image courtesy of Aufgang Architects New York City’s multifamily market continues to grapple with a severe...
by Kipp Gillian | Nov 27, 2025 | Affordable Housing
Homestead Gateway will rise 34 stories, enclosing 90 affordable housing units and 270 market-rate apartments. Rendering courtesy of JLL Capital Markets Lions Group has secured a $200 million structured loan for Homestead Gateway, a 360-unit mixed-income residential...
by Kipp Gillian | Nov 25, 2025 | Affordable Housing
Modera Mystic is expected to open its doors in 2027. Rendering by The Architectural Team, courtesy of Mill Creek Residential Mill Creek Residential has broken ground on Modera Mystic, a mixed-use project that will bring 350 units and 2,000 square feet of retail space...
