
House Passes Housing for the 21st Century Act in Landslide 390-9 Vote
The House passed the Housing for the 21st Century Act with broad bipartisan support, overhauling CDBG, HOME, zoning grants, and manufactured housing rules.
The latest commercial real estate news and developments.

The House passed the Housing for the 21st Century Act with broad bipartisan support, overhauling CDBG, HOME, zoning grants, and manufactured housing rules.

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.

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.

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.

Bushburg Properties secured a $78M loan from Oak Funding and OakNorth Bank to convert 100 William Street in Manhattan's FiDi into 400+ apartments.

Waterton acquired the 212-unit Misora apartment community at Santana Row from Federal Realty Investment Trust for $148.5 million, or about $701,000 per unit.

Prologis leased more industrial space than ever in 2025, and Chicago's warehouse market remains a top destination for logistics operators and e-commerce fulfillment.