Landlords Cry Foul As NYC Issues Over $115K In Composting Fines
New York City’s Department of Sanitation has issued more than $115,000 in composting fines to multifamily landlords since the rule took effect in October 2024, delivering 1,173 summonses in under a year. Fines are modest—about $100 each—but are frequent, prompting landlord groups and tenants to criticize the city’s heavy‑handed enforcement. Critics argue the city should prioritize education and infrastructure support rather than penalties. The dispute highlights the tension between municipal waste‑reduction goals and the practical realities of building management.
Jamestown Reveals Vision For Proposed Mixed-Use NHL Stadium: The Atlanta Deal Sheet
Jamestown has filed a zoning application to transform the former North Point Mall in Alpharetta into a 20,000‑seat NHL arena surrounded by a mixed‑use campus. The development would add roughly 1 million square feet of retail and dining, a 300‑room hotel,...
Armed With $1B In New Credit, JLL Income Property Trust Ready To Deal
JLL Income Property Trust secured a $1 billion credit facility comprising a $600 million revolving line and a $400 million term loan, with the option to expand to $1.3 billion. The two‑year facility, syndicated by ten major banks, provides unsecured liquidity for opportunistic acquisitions....
Apollo To Invest $1B In 500 Realty Income Single-Tenant Properties
Apollo Global Management is investing $1 billion for a 49% stake in a new joint venture with Realty Income Corp. to acquire roughly 500 single‑tenant retail properties under long‑term net leases. Realty Income will continue to manage the portfolio, with the...
Miami Developer Offering FIFA World Cup Tickets For Condo Buyers
North Development is using FIFA World Cup tickets as a sales incentive for its Domus Brickell Park condos in Miami. Since the promotion began four months ago, roughly 20 of the 45 remaining units have been sold, driven largely by...
Historic Heights Redevelopment Reaches 80% Preleased: The Houston Deal Sheet
Radom Capital and Triten Real Estate Partners’ Swift Building in Houston Heights has reached 80% pre‑lease, offering 35,000 sq ft of office and 25,000 sq ft of retail space. Anchor tenants include Van Leeuwen Ice Cream (1,300 sq ft) and wellness brand Leemoo, marking the fourth and...
Lawmaker Seeks To Block School-To-Housing Conversions In West Philly
Councilmember Jamie Gauthier introduced legislation to block the conversion of five West Philadelphia public schools into housing, directing the properties toward civic uses such as schools or libraries. The mayor, Cherelle Parker, is pushing school‑to‑housing projects to help meet her...
Investor Makes D.C. Debut With All-Cash NoMa Buy: The D.C. Deal Sheet
Philadelphia‑based Turio Residential Co. announced its first Washington, D.C. acquisition, buying the 67‑unit former extended‑stay hotel at 1324 North Capitol St. NW for $16 million in cash. The asset, previously slated for foreclosure, will be rebranded as NoMa 1324 and converted to...
3.1M SF Logistics Park Slated For Oakley In East Bay
Oakley’s city council approved the Bridgehead Industrial Project, a 3.2 million‑square‑foot logistics campus on 164 acres of eastern Contra Costa County. The development will consist of ten buildings, with construction slated to take six to ten years, and will become the largest...
Cherry Creek Demolition Will Make Way For 13-Acre Mixed-Use Project: The Denver Deal Sheet
East West Partners has begun demolishing two former retail buildings at First Avenue and University Boulevard to make way for Cherry Creek West, a 13‑acre mixed‑use development in Denver. The project will ultimately deliver 840 residential units, 600,000 square feet...
Deportation Fears Complicate NYC's Construction Safety Crackdown
The NYC Department of Buildings completed a 2025 sweep of 705 construction sites, finding violations at 14% and issuing 50 stop‑work orders. Fatalities rose to ten last year, while reported injuries dropped 33% to 320, the lowest in a decade....
CBRE, Savills Launch Thompson Center Leasing As 2,000 Google Employees Prepare For Move-In
Google is preparing to move roughly 2,000 employees into Chicago’s historic Thompson Center in 2027, after purchasing the 1.2 M SF building for $105 M. The company has appointed CBRE to manage office leasing and Savills to handle retail leasing, with 14 retail...
Bank Of Hope Moves HQ To Aon Center In 50K SF LA Lease
Bank of Hope has signed a roughly 50,000‑square‑foot lease at the Aon Center, 707 Wilshire Blvd, moving its headquarters from the outskirts of Los Angeles to downtown. The deal was brokered by Colliers and Avison Young, with Carolwood LP as the landlord. The...
Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U.S.
Marcus & Millichap’s 2026 Retail Investment Forecast ranks Charlotte and Raleigh as the top two U.S. retail markets. Charlotte posted a 3.5% vacancy rate, driven by big‑box and discount‑store leases, while Raleigh‑Durham held a 3.0% vacancy rate, buoyed by small‑shop...
Future White Sox Owner Nears Deal For 47-Acre Potential Stadium Site
Justin Ishbia's private‑equity firm is nearing a deal to acquire a 47‑acre former Amtrak rail yard in Chicago’s South Loop, reviving prospects for a new White Sox stadium as the current Rate Field lease expires in 2029. The site, adjacent...
Commercial Real Estate Fundraising On The Rise For First Time Since 2021
Private real estate fundraising rose to $172 B in 2025, a 13 % increase from 2024 and the first year‑over‑year growth since 2021. The surge occurred despite persistently high 10‑year Treasury yields above 4 % and a cautious capital‑markets environment. Nearly 90 % of...
MIPIM 2026: Irish Government Tells International Investors Country Needs Their Cash
Ireland’s housing minister James Browne used the MIPIM pavilion to tell global investors the country needs their capital to hit its ambitious housing goals. The government has rolled out policy changes – more zoned land, a rent‑reset law, and an...
Amazon Pays $130M For Atlanta Warehouse: The Atlanta Deal Sheet
Amazon.com Services acquired the 1.1‑million‑square‑foot Chattahoochee Logistics Center in South Fulton for $129.7 million, according to Georgia court filings. The cross‑dock distribution hub, built in 2020 by Taylor & Mathis, was sold by WSRE CP CLC Investors, an affiliate of Chicago‑based Walton Street...
Bronx 'Worst Landlord' Ordered To Pay $2.1M Fine In Landmark Ruling
A New York State Supreme Court judge ordered Bronx landlord Seth Miller to pay more than $2.1 million in fines and to complete urgent repairs at his 919 Prospect Ave. building within a strict timeline. The ruling, hailed by Mayor Zohran Mamdani as...
Iran Conflict Raises Specter Of Inflation, But CRE Could Be Spared
The U.S. war with Iran has disrupted oil flows through the Strait of Hormuz, pushing crude prices above $100 and reviving inflation concerns. Analysts warn that a prolonged conflict could lift interest rates, jeopardizing the refinancing momentum that commercial‑real‑estate (CRE)...
Developers Apply Lessons Learned From Biscayne 21 Fiasco
Developers at a Bisnow South Florida event dissected the Biscayne 21 condo‑tower debacle, where Two Roads’ attempt to lower the termination threshold sparked a lawsuit that forced a $65 million repair bill. The case highlighted how a minority of holdout owners can halt...
Austin-Based REIT Stratus Properties To Liquidate
Austin‑based REIT Stratus Properties announced it will liquidate its portfolio, selling the remaining nine properties and returning cash to shareholders. The decision follows a strategic review launched in December and aims to maximize value in a tax‑efficient manner. At the...
Russell Glen To Bring Aspirational Community To Long-Overlooked Southern Dallas
Russell Glen Co. plans to break ground later this year on Rivulet, a 90‑acre master‑planned community in Southern Dallas. The development will deliver roughly 300 single‑family homes, hundreds of multifamily units and a 20‑acre retail district, aiming to address the...
Burlington, Ross Bid To Take Over Saks Off 5th Leases
Discount retailers Burlington and Ross are competing for Saks Off 5th locations as the bankrupt chain auctions 59 leases. Burlington submitted a $22 million offer for 22 stores across 12 states, while Ross placed a $4 million bid on four sites in California...
27-Story Center City Building Refinanced For $145M: The Philadelphia Deal Sheet
Southern Land Co. has refinanced its 27‑story Josephine apartment tower in Philadelphia’s Rittenhouse Square with a $145 million loan from Affinius Capital. The development, built at a total cost of $204.5 million—including a $24.5 million land purchase and $180 million construction—features 255 residential units...
Renovated Historic Colfax Hotel To Reopen: The Denver Deal Sheet
The All Inn Hotel, a 54‑room boutique property housed in a renovated 1950s motor inn on Colfax Avenue, will open on March 26, with its Mediterranean restaurant Fino debuting March 18. The $22 M restoration preserves a National Register historic building while adding a...
Peter Linneman On AI And Why The Economy Is Healthier Than It Appears
Peter Linneman told the University of Miami conference that recent data shows the U.S. economy is healthier than many fear, with modest job growth and 2.2% GDP expansion in 2025. He argued AI will boost productivity and generate new jobs...
Corporate HQs Are Following The Billionaires To South Florida
Corporate headquarters are rapidly relocating to South Florida as billionaires buy luxury homes and tout the region’s tax advantages. In the first two months of 2026, four companies—including Palantir and Trinity Investments—announced moves, adding to the 74 firms that shifted...
Speed Over Value: How ICE Has Quietly Snapped Up Scores Of U.S. Offices
The General Services Administration has quietly signed roughly 150 office leases for U.S. Immigration and Customs Enforcement since September 2025, accelerating acquisitions to meet the agency’s rapid expansion after the $75 billion One Big Beautiful Bill Act funding. In the first wave, 17 leases...
Cooper Carry Sued In U.S. To Collect Dubai Court Judgment
Muzoon Holdings, a UAE developer, is suing Atlanta‑based architecture firm Cooper Carry in the U.S. District Court for the Northern District of Georgia to enforce a Dubai judgment exceeding $200,000. The Dubai court found Cooper Carry liable for failing to...
Church Conversion Plan Could Add Over 1,000 Housing Units Across Greater Philly
The Episcopal Diocese of Pennsylvania will transform 26 under‑utilized church properties across Greater Philadelphia into more than 1,000 new apartments. The Michaels Organization has been hired as a fee developer and future property manager, while the diocese retains land ownership...
Former Partner Accuses Spanish Developer Of Icing Her Out Of 6,000-Unit Miami Project
Former Taubco managing director Laura Tauber filed a lawsuit in Miami‑Dade Circuit Court alleging that Spanish developer Pablo Castro excluded her from the $1.3 billion HueHub project after she worked three years unpaid to secure approvals. The HueHub, a 4,032‑unit, $880 million...
Accesso Snags Loan Extension For Class-A Office Campus In Austin
Accesso Partners secured a three‑year loan extension, adding a $40 million reserve to fund renovations, spec‑suite construction, and mixed‑use upgrades at its 7700 Parmer Class‑A office campus in Austin. The property, the fourth‑largest office campus in the metro area, saw occupancy fall...
Sugar Land Rolls Out Incentives To Attract Startups, Upgrade Offices
Sugar Land unveiled an innovation fund and an Office Readiness Program to lure high‑growth startups in life sciences, advanced manufacturing, IT and professional services, while subsidizing office‑building upgrades. The fund builds on the Plug and Play Sugar Land accelerator, which...
Watergate Office Building Trades Hands For $52.5M
Jetset Hospitality LLC acquired the Watergate 600 office building for $52.5 million, or $170 per square foot, marking the final asset sale for liquidating REIT Elme Communities. The 309,000‑square‑foot property is 80% occupied, with 125,000 SF across four floors slated for marketing....
Savills Buys The Building Consultancy As Agents Consolidate
Savills Ireland has acquired The Building Consultancy, adding a team of more than 30 building‑surveying and project‑consultancy specialists across the country. The deal broadens Savills’ portfolio to include technical due diligence, development monitoring, cost consultancy, interior architecture and design, positioning...
What A Fight To Save A Parking Lot Reveals About NYC's Housing Crisis
Affluent residents and preservation groups are fighting to keep a surface parking lot at 375 Lafayette Street in NoHo, using landmark designation to block a proposed 19‑story, 200‑unit mixed‑income tower. The developers, Edward J. Minskoff Equities and Edison Properties, have...
Data Center Developers Battle For Hearts And Minds For Their Projects
Data‑center developers are confronting a wave of community opposition that stalled or delayed $98 billion of projects in Q2 2025. The backlash is forcing firms to embed extensive outreach—town halls, local‑benefit projects, and early stakeholder education—into development timelines. State legislatures, beginning with...
MaryAnne Gilmartin's Firm Eyes 1M SF Tower For Miami Debut
MAG Partners, led by MaryAnne Gilmartin, is scouting a senior development executive to launch a mixed‑use tower in Miami exceeding one million square feet. The project will combine a hotel, luxury condominiums, and retail components. Gilmartin, known for the Barclays...
279K SF Webster Shopping Center Trades: The Houston Deal Sheet
Fidelis Realty Partners purchased the 279,000‑square‑foot Baybrook Village shopping center in Webster from O’Connor Capital Partners and Wafra. The center, anchored by Ross Dress for Less and Chuck E. Cheese, recently added leases for Havertys Furniture, PGA Tour Superstore, Burlington and Cava. CBRE...
Parker Floats 164% Expansion To SEPTA Density Bonus Area
Mayor Cherelle Parker’s administration has proposed expanding Philadelphia’s transit‑oriented development overlay by 164%, extending the radius around SEPTA stations to a quarter‑mile. The change would allow developers to build 50% more multifamily units than current zoning permits, while explicitly barring...
Amazon Partner Inks 1M SF Warehouse Lease In Chicago Suburbs
Crane Worldwide Logistics has signed a 992,000 sq ft lease in McCook, Illinois, to store Amazon Web Services data‑center equipment. The warehouse, developed by Bridge Industrial, sits within thirty minutes of O’Hare Airport, offering strategic logistics advantages. The deal follows a wave...
Whitestone Hires Bank Of America To Handle Possible Acquisition
Whitestone REIT hired Bank of America to manage a potential sale after attracting interest from private‑equity firms Blackstone and TPG. The REIT, which owns 56 shopping‑center properties across the South, has faced ongoing pressure from activists to go private and...
Morris Brown To Anchor Innovation Space At Vine City Development: The Atlanta Deal Sheet
Resurgence Commercial Partners (RCP) is leading an 8‑acre mixed‑use project in Atlanta’s Vine City, anchored by a 30,000‑square‑foot innovation and learning center for Morris Brown College. The development will also feature a 100‑room boutique hotel, 200 mixed‑income rental units, and...
Former TSA Headquarters Slated For Conversion: The D.C. Deal Sheet
Lincoln Equities Group and JM Zell Partners have agreed to acquire the former Transportation Security Administration headquarters in Arlington’s Pentagon City and convert the two office towers into a mixed‑use development featuring 637 apartments, 116,000 square feet of new residential...
With €1B War Chest, Belgian Care Homes Giant Lines Up Expansion Across Ireland
Belgian REIT Aedifica has secured roughly €1 billion for Irish expansion after shareholders approved its merger with Cofinimmo, doubling the combined portfolio to about €12 billion. The merger frees capital by recycling non‑core assets and meeting competition‑law divestments, allowing rapid deployment over...
Developers Warn Denver's Energy Transition Is Outpacing Grid Capacity Needed For Growth
Developers in Denver warn that the city’s aggressive renewable‑energy targets are outpacing the grid’s ability to supply new power. Xcel Energy plans to invest $17.6 billion and add 3,200 MW of renewable and gas capacity, yet expects an additional 1,000‑2,000 MW demand surge...
Why Private Credit Panic Likely Won't Spread To Real Estate Debt
Investors are reassessing risk in the $2 trillion private‑credit market as AI‑related corporate loans face heightened scrutiny, while debt secured by real‑estate assets remains comparatively stable. BridgeInvest and other lenders emphasize the tangible collateral of data‑center and multifamily loans, which cushions...
BXP Sells Parts Of Rockville Office Campus To Toll Brothers
Boston Properties (BXP) sold three of seven buildings on its 31‑acre Rockville office campus to homebuilder Toll Brothers for $24.7 million, a fraction of the $116.5 million it paid in 2021. The original plan for a 1.3 million‑square‑foot life‑sciences‑focused mixed‑use district has been...
EQT Buys East Coast Warehouse Portfolio From Mapletree For $575M
Private equity firm EQT Real Estate has agreed to purchase a 4.4‑million‑square‑foot portfolio of 25 East Coast warehouses from Singapore‑based Mapletree Investments for $575 million. The assets span Connecticut, New Jersey, North Carolina, Georgia and Florida and include a mix of single‑tenant, multi‑tenant,...
