Development commercial real estate news and analysis.
Shopoff Realty Investments and architecture firm AO have officially broken ground on Bolsa Pacific, an 83.3-acre mixed-use development set to bring 2,250 residential units and 220,000 square feet of retail to the former Westminster Mall site in Orange County.
Global real estate firm Hines has acquired a shovel-ready site in Phoenix's West Valley to develop a 572,282-square-foot, three-building industrial campus. The move reinforces the I-10/Loop 303 corridor's standing as a heavyweight logistics hub in the Sun Belt.
Nicholas & Associates and Wingspan Development Group have officially opened the initial commercial phase of The VUE, a pedestrian-oriented mixed-use project spanning 10 acres in Elk Grove Village. The development aims to deliver an integrated environment combining residential units with dining and retail options.
Related Group and BH Group have secured a massive $360 million construction loan for the Icon Beach Waterfront Residences in South Florida, marking one of the region's largest financing deals this quarter. The project highlights continued lender confidence in the luxury residential market despite broader economic headwinds.
Washington D.C. developers are struggling to secure equity financing as capital markets remain locked down, forcing projects into indefinite delays. The ongoing equity drought threatens to stall new construction across the district for the foreseeable future.
The Boston-based hospital system has secured a massive tax-exempt bond issuance to fuel its ongoing expansion. MassDevelopment facilitated the financing for the 482-bed healthcare project on the West End campus.
National self storage advertised rates declined 2% year-over-year in March 2026, marking an acceleration from prior months as weak absorption struggles to keep pace with new project deliveries. The trend signals a broader shift in operator strategy across major metropolitan markets.
A massive rezoning approval in Georgia highlights the growing dominance of power infrastructure over traditional real estate fundamentals. The $17 billion initiative underscores how industrial giants are pivoting to meet unprecedented data demand.
A fully approved development site in Randolph, New Jersey, has traded hands for $4.5 million, paving the way for a residential and retail project. OES Properties purchased the land, with plans to construct dozens of townhomes and a mixed-use residential and retail building.
Habitat and M/I Homes are partnering to bring 227 townhomes to Highland Park, converting the former Solo Cup manufacturing site into a residential community. The joint venture marks a major industrial-to-residential transition in Chicago's North Shore submarket.
Rosewood Property Company secures zoning approval for a massive 156-acre mixed-use project in Plano, Texas, significantly shifting the development focus from traditional office and hotel space to retail, dining, and entertainment. The adaptive reuse highlights a broader CRE trend of prioritizing experience-driven assets in suburban corporate corridors.
Western Realco has acquired a fully entitled 12.14-acre industrial site in Anaheim for $40.7 million, with plans to break ground immediately on a 256,046-square-foot Class A facility. The deal, brokered by JLL, signals continued institutional confidence in Orange County's tightening industrial market.