CRE News

Stephen Ross Lands $157M Loan for Third Luxury Condo Tower in West Palm Beach

Stockbridge Snaps Up SoMa Apartments for $64M as SF Multifamily Market Roars Back

Transwestern Acquires 663,000-SF Industrial Property in Phoenix's Southwest Valley

TPG Angelo Gordon and Matterhorn Launch $900M Industrial JV Targeting Chicago, Midwest

Matterhorn Venture Partners and TPG Angelo Gordon have formed a joint venture with $300 million in equity and over $900 million in buying power to acquire and reposition industrial assets across the Chicago metro and broader Midwest.

House Passes Housing for the 21st Century Act in Landslide 390-9 Vote

Bipartisan housing legislation backed by over 70 industry groups cleared the House with near-unanimous support, expanding CDBG and HOME program eligibility while pushing zoning modernization grants and manufactured housing reforms.

Fortress Originates $96M Loan for 296-Unit DTLA Apartment Complex

Fortress Investment Group provided a $96 million refinancing for Cityview's Jasper apartment building in Downtown Los Angeles, a 296-unit property that opened in 2023 amid a wave of new multifamily deliveries.

Brookfield Secures $800M Refinancing for 225 Liberty Street, Injects $172.5M in Fresh Equity

Brookfield Properties locked in a five-year, $800 million CMBS loan for its 2.4-million-square-foot tower at Brookfield Place, contributing $172.5 million in fresh capital to replace a maturing $900 million mortgage.

Hyatt Studios Brand to Debut in North Phoenix as Glendale Industrial Asset Trades for $90.6M

Caliber Companies is bringing the first Hyatt Studios extended-stay hotel to north Phoenix as part of a 15-hotel pipeline, while a 566,000-square-foot industrial building near Glendale sold for $90.6 million.

TMG Partners and Bridges Capital Acquire San Francisco's 320,000-SF Metreon

TMG Partners assumed the ground lease on the four-story Metreon shopping center in downtown San Francisco, a 92% leased property previously assessed at $150.7 million, with plans to rebrand the fourth-floor event space.

Three Developers Compete for $716M Riviera Beach Waterfront Redevelopment

Forest Development, Sonnenblick Development, and Related Urban are vying for the rights to redevelop a 90-acre waterfront corridor in Riviera Beach, with proposals ranging from a $716 million convention center complex to a Margaritaville-branded resort.

Hall Group Plans $140M Office Tower in Frisco as Jackson-Shaw Lands Data Center Supplier

Hall Group is building a 677,000-square-foot office tower at its $7 billion Hall Park campus in Frisco, while Jackson-Shaw signed a 606,000-square-foot build-to-suit in Georgetown for a data center equipment manufacturer.

Why the Best CRE Teams Are Ditching InDesign for Offering Memorandum Software

Creating a commercial real estate offering memorandum used to mean weeks of back-and-forth with designers. A new generation of purpose-built OM software is cutting that timeline to hours — and brokers say the results are better.