The latest commercial real estate news and developments.
Matterhorn Venture Partners and TPG Angelo Gordon have launched a $900M industrial JV targeting value-add assets in the Chicago metro and Midwest.
The House passed the Housing for the 21st Century Act with broad bipartisan support, overhauling CDBG, HOME, zoning grants, and manufactured housing rules.
Fortress Investment Group originated a $96M loan for Cityview's Jasper, a 296-unit apartment complex in Downtown Los Angeles that opened in 2023.
Brookfield Properties closed an $800M CMBS refinancing of its 44-story, 2.4M SF tower at Brookfield Place, injecting $172.5M in equity to retire a maturing $900M loan.
Caliber Companies plans a 114-room Hyatt Studios hotel in north Phoenix, while IndiCap and Invesco sold a 566,000-SF industrial building near Glendale for $90.6M.
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 — Forest Development, Sonnenblick, and Related Urban — submitted competing proposals for 12 acres of Riviera Beach waterfront at Marina Village.
Hall Group breaks ground on a $140M, 677,000-SF office tower at Hall Park in Frisco, while Jackson-Shaw signs Baer Manufacturing for a 606,000-SF Georgetown build-to-suit.
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.
Phoenix's industrial market showed signs of recovery in Q4 2025, with vacancy declining and new logistics development advancing in the southwest Valley.
Data centers are reshaping CRE brokerage as AI and cloud demand drives deal sizes into the hundreds of megawatts, with Northern Virginia, Dallas, and Phoenix leading growth.
Chicago's neighborhood retail corridors are tightening while downtown stretches like the Magnificent Mile continue to lag, with suburban demand also rising.