Meliá Hotels International Acquires New York NoMad Hotel From Artimus Construction for $203M
Meliá Hotels International closed on the acquisition of the 21‑story, 313‑key Innside by Meliá New York NoMad hotel at 132‑142 West 27th Street for $203 million from Artimus Construction. The deal, reported by the Commercial Observer, was completed last week, marking Meliá's first ownership of the property.
David Werner Real Estate Investments Acquires One Dag Hammarskjöld Plaza for $270M with $250M JPMorgan Loan
David Werner Real Estate Investments completed the purchase of the 50‑story One Dag Hammarskjöld Plaza in Midtown East for $270 million, financed by a $250 million loan from JPMorgan. The seller was Rockpoint Group, which bought the tower for $566 million in 2019....
Interface Properties Acquires Fountains Center in Boca Raton for $40M
Interface Properties completed the acquisition of the 189,542‑sq‑ft Fountains Center mixed‑use campus in Boca Raton from Titan Realty Group for $40 million, financing part of the purchase with a $31.75 million loan from City National Bank for capital improvements.
Rental Screening Startup 100 Acquires Fraud Detection Firm Cobblestone Labs
Rental screening startup 100 announced the acquisition of fraud detection platform Cobblestone Labs, integrating its AI-native underwriting engine into 100’s rental screening solution. Terms were undisclosed, and Cobblestone co‑founders Jason Scharff and Jack Mastrangelo will join 100 as strategic advisers....
Kennedy Wilson and APG Launch €2 Billion Joint Venture to Develop 3,400 Irish Rental Homes
Kennedy Wilson has formed a €2 billion residential joint venture with APG, on behalf of Dutch pension fund ABP, to develop over 3,400 private‑rented homes in Ireland. The partnership includes Kennedy Wilson acquiring minority equity stakes in APG’s existing 1,100‑unit Cherrywood...
LM Real Estate Partners Acquires Fully-Leased Atlanta-Area Cold Storage Facility for $27.5M
LM Real Estate Partners bought a newly built 99,750‑sq‑ft cold storage facility in Hiram, GA from Jones Development for $27.5 million. The property is fully leased to Hungryroot, an AI‑powered grocery and meal‑delivery platform that has invested $6.3 million in the site....
Vico Acquires Wakefield Affordable Housing Scheme for $22.1M
Vico has completed the acquisition of a 72-home affordable housing scheme in Wakefield for approximately $22.1 million. The homes, primarily for rent, were being developed by Avant Homes, which has previously partnered with Vico on other projects. The deal expands...
Walker & Dunlop and Pretium Close $75.7M Bridge Loan for Chelsea Apartments
Walker & Dunlop, Inc. and Pretium have closed a $75.7 million bridge loan through their joint venture Walker & Dunlop Affordable Bridge Capital to refinance a 174‑unit affordable multifamily property in Manhattan’s Chelsea neighborhood. The short‑term financing will support the...
Incuspaze Acquires iKeva in 100% Buyout to Boost Southern India Presence
Managed workspace provider Incuspaze announced the acquisition of coworking operator iKeva in a 100% buyout, adding 5 lakh sq. ft. across 18 centres in Hyderabad and Bengaluru. The deal is expected to contribute roughly $12M in revenue and supports Incuspaze’s...
JLL Arranges $58M Sale of Barcroft Plaza Shopping Center to 11North Partners
JLL Capital Markets facilitated the $58 million sale of Barcroft Plaza, a 113,173‑sq‑ft Harris Teeter‑anchored shopping center in Falls Church, Virginia. Federal Realty Investment Trust sold the property to 11North Partners, which secured a $35.9 million acquisition loan from Bank of America. The...
Blackstone and J.P. Morgan Provide $281M Debt Financing to Catalyst IOS Fund II for Industrial Outdoor Storage Portfolio
Catalyst Investment Partners secured $281 million in debt financing for its industrial outdoor storage portfolio, with loans originated by Blackstone Real Estate Debt Strategies and institutional investors advised by J.P. Morgan Asset Management. The financing backs 77 properties across 12...
Affinius Capital Provides $120M Refi for San Diego Luxury Multifamily Complex
AAA Management secured a $120 million loan from Affinius Capital to refinance its 302‑unit luxury multifamily complex, Elowen, in San Diego. The debt, arranged by JLL’s Bryan Clark, provides refinancing for the property that opened in 2026, reflecting strong demand...
Activia Properties Acquires Nest Hotel Naha Kumoji in Okinawa for $38 Million
Japan‑based Activia Properties Inc. has agreed to purchase the 120‑key Nest Hotel Naha Kumoji in Okinawa from Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. for $38 million. The acquisition marks Activia’s entry into the Okinawa hospitality market.
Ontario Invests $178M for New Transit‑connected Community in Scarborough
The Ontario government, via the Building Ontario Fund, is committing up to $130 million (CAD $178 million) in a joint venture with Republic Developments and Harlo Capital to build about 1,700 rental homes, including 340 affordable units, in Scarborough. The project is...
San Gabriel Valley Regional Housing Trust Awards $25M to Four Affordable Housing Projects
The San Gabriel Valley Regional Housing Trust announced nearly $25 million in Measure A funding for four affordable housing projects in Montebello, San Gabriel, South Pasadena and Alhambra, creating 212 homes. The grants include $10.1 million for The BLVD project by the Cesar Chavez...