Argo Acquires Nyack Apartments with Hudson River Frontage
Argo Real Estate has purchased West Shore Towers, a 164‑unit waterfront complex in Nyack, New York, for $45 million. The deal includes $42.5 million of acquisition financing arranged by IPA Capital Markets, a Marcus & Millichap division. The three‑tower property offers 203,546 square feet of residential space with direct Hudson River views and proximity to downtown amenities. Argo plans a $6 million capital improvement program to address operational inefficiencies and fill vacancies.
Nashua Retail Trades After 20-Year Hold and Two Years on Market
Matthews brokered the sale of a 44,000‑square‑foot retail building at 166 Daniel Webster Highway in Nashua, New Hampshire for $8.8 million. The property, held by its developer for more than two decades, had been listed at $10 million and lingered on the market...
Marcus & Millichap Arranges Sale of 40-Unit Milwaukee Multifamily
Marcus & Millichap brokered the sale of Kane Place Apartments, a 40‑unit multifamily building in Milwaukee’s Lower East Side, for $3.52 million, equating to $88,125 per unit. The property, built in 1896 and fully leased with 30 studios and 10 one‑bedrooms, sits...
McHugh Construction, Powers & Sons Break Ground on Housing Development in Chicago’s South Loop
McHugh Construction and Powers & Sons broke ground on Southbridge 1C, a 12‑story mixed‑use building in Chicago’s South Loop. The project will deliver 80 market‑rate and affordable rental units plus a 1,500‑square‑foot retail space, designed by Gensler and developed by The...
Spanish Footwear Brand Meermin to Open First DC-Area Location
Spanish footwear label Meermin is opening a 1,630‑square‑foot boutique in Georgetown, Washington, D.C., marking its fourth global store and second in the United States. The lease was brokered by JLL for landlord EastBanc, adding to Meermin’s flagship SoHo location and...
Report: Puget Sound Industrial Vacancy Reaches New High
Puget Sound’s industrial market ended Q1 2026 with vacancy climbing to 11.5%, a 230‑basis‑point year‑over‑year rise and a regional record. Net absorption turned negative, registering a -0.8 million‑square‑foot deficit, while new supply surged to 2.5 million sq ft, the most completions since late 2023....
Resorts World Set to Open NYC’s First Table Games Casino
Resorts World New York City (RWNYC) will open the city’s first live table‑games casino on April 28, featuring more than 240 tables for blackjack, craps, baccarat and roulette alongside thousands of slots. The venue sits on the third floor of the...
Knighthead Funding Originates $40M Financing for Student Housing Near Indiana University
Knighthead Funding originated a $39.75 million first‑mortgage loan to refinance Stadium Crossing, a 226‑unit, 734‑bed student‑housing complex in Bloomington, Indiana, directly across from Indiana University’s Memorial Stadium. The borrower, Varsity Properties, sought to replace its existing debt while preserving flexibility for...
Hubbard Street Group Secures Lease with Whole Foods Market in East Lakeview
Hubbard Street Group announced it has secured a lease with Whole Foods Market for a new storefront at the Halsted Street‑Belmont Avenue intersection in Chicago’s East Lakeview neighborhood. The mixed‑use project also includes VCA Blum Animal Hospital and a Fifth Third...
Health System Providence Signs 260K-SF Office Lease in Renton
Providence, one of the Pacific Northwest’s largest health systems, signed a 10‑year lease for 259,570 sq ft at the Longacres campus in Renton. The deal, the biggest office transaction in the Puget Sound region this year, will see Providence occupy former Kaiser Permanent...
USDA-Occupied Inspection Facility Lists in South San Francisco
Tran Real Estate Group and Luzon Real Estate Ventures are marketing 560 Eccles Avenue in South San Francisco for $48 million. The 21,552‑square‑foot, 2019‑built facility houses the USDA Animal and Plant Health Inspection Service under a long‑term triple‑net GSA lease that...
Chicago/Midwest People & Company News, Week of April 24, 2026
Premier Design + Build Group bolstered its national leadership by hiring Audra Billmeyer as senior vice president of professional development, where she will steer the PREMIER U education program. Transwestern added Alissa Adler and John Homsher, CCIM, as managing directors in...
Hoar Construction, American Real Estate Partners Complete Alexandria Office-to-Residential Conversion
Hoar Construction announced the completion of CityHouse Old Town, a seven‑story office‑to‑residential conversion in Alexandria, Virginia. The project transformed a 141,000‑sq‑ft office building into a 236,000‑sq‑ft multifamily community with a six‑story open‑air courtyard. Hoar acted as general contractor alongside architect...
Bridewell Tavern Kitchen Debuts at Burr Ridge Village Center
Burr Ridge Village Center has expanded its tenant mix with the opening of Bridewell Tavern Kitchen & Bar, a seed‑oil‑free eatery, and Coco Nail Bar, a design‑forward nail salon. Kilwins is slated to open its handcrafted chocolate and ice‑cream shop...
Not-for-Profit Insurance Carrier Acquires Pasadena Offices
State Compensation Insurance Fund, a not‑for‑profit workers’ compensation insurer, has acquired a 158,785‑square‑foot Class A office building at 35 N. Lake Avenue in Pasadena for $33 million. The nine‑story property will become the carrier’s Southern California regional hub, with part of the space retained...
Gantry Secures $14M Refinance for Puget Sound Hotel
Gantry has arranged a $13.5 million permanent loan to refinance the Hampton Inn & Suites in Kent, Washington, retiring maturing debt and returning equity to investors. The four‑story, 95‑room hotel sits less than five miles from Seattle‑Tacoma International Airport and serves a workforce anchored...
BAM Capital Acquires 328-Unit Kansas City Apartments
Real estate investment firm BAM Capital has purchased the Kinsley Forest Apartments, a 328‑unit Class A multifamily community in Kansas City’s Clay County submarket. The deal marks the second acquisition for the BAM Multifamily Growth Fund V and the third for...
New York People and Company News, Week of April 24, 2026
The week’s New York real‑estate news featured a wave of senior appointments and capital moves. CBRE hired Chris Masotto as property‑management market leader for New York, Long Island and Connecticut, while King Street Capital Management restructured its flagship hedge fund...
Coldwell Banker Brokers WA Industrial Property Sale to Auto Group
Coldwell Banker Commercial brokered the $7.9 million sale of a 36,160‑square‑foot industrial building at 1920 Garrett Street in Enumclaw, Washington. The seller, Thundering Mountain, LLC, transferred the 1.2‑acre site to Cascadia Collection and DC Auto Transport, an exotic‑car dealership and logistics...
Jax Apartment Investor Inks $50.5M Refi
Beachwold Residential has obtained a $50.5 million first‑mortgage loan to refinance Gran Bay Apartments, a 308‑unit garden‑style community in Jacksonville, Florida. The five‑year, non‑recourse loan was led by Mesa West Capital and arranged by Walker & Dunlop. Gran Bay, built in...
CCIM Technologies Launches, Reinvents Intellisite – the Data-Driven CRE Platform
CCIM Technologies, the analytics arm of the CCIM Institute, has rebranded to Intellisite, unveiling a revamped commercial real‑estate platform at the Spring Forum in Philadelphia. The new Intellisite platform features a modernized dashboard, faster processing, and expanded analytical tools designed...
Family Office Launches Flex Industrial Strategy in Southwestern CT
Kloof Capital, a New York family office, bought a 54,000‑sq‑ft flex industrial building at 555 Lordship Blvd. in Stratford, Connecticut. The purchase, its first direct flex‑industrial investment, was funded by a loan from First Bank of Greenwich, with Arrow Real Estate...
$40M Loan Retires Maturing Debt on Two LA Industrial Properties
Gantry secured a $40 million permanent loan to retire maturing debt on two cross‑collateralized industrial properties in Los Angeles. The 203,000‑square‑foot PODS warehouse in Vernon and the 95,000‑square‑foot Quixote Studios soundstage in Pacoima are both 100% occupied by single‑tenant users. The...
Berkadia Arranges $18M Sale of Virginia Townhome Community
Berkadia arranged the sale of Ivy Gates, a multifamily townhome community in Petersburg, Virginia, for $17.7 million. The transaction was executed on behalf of New Jersey‑based Greencove Group, with CCM of Sterling, Virginia, acquiring the asset and SYM Properties taking over management. The...
Primark Set to Open First Manhattan Store in Herald Square
Primark will open its first Manhattan flagship on May 8 at Herald Square, occupying 150 W 34th St. across from Penn Station. The 54,000‑square‑foot store is the retailer’s 11th location in New York and the 40th across the United States. The launch includes a block‑party...
JLL Arranges Financing for Self-Storage in Underserved NJ Submarket
JLL Capital Markets arranged a five‑year construction and bridge loan for Extra Space Hillsborough, a 709‑unit, 105,663‑square‑foot self‑storage development in Somerset County, New Jersey. The financing, provided by Provident Bank, targets an underserved market with direct frontage on Route 206. The project...
Reclamation Partners Acquires Single-Tenant Industrial in Sale-Leaseback
Reclamation Partners, together with EOZ Ventures, acquired a 33,619‑square‑foot single‑tenant light‑industrial building in Stoughton, Massachusetts. The property, located in Boston’s infill Route 128 South submarket, is fully occupied and was purchased through a 10‑year sale‑leaseback structure. The deal was sourced off‑market...
The Picklr Comes to Fairfield for Second NorCal Location
The Picklr, a fast‑growing indoor pickleball brand, has signed an 18,500‑square‑foot lease at 1574 Gateway Blvd. in Fairfield, with a planned May 2026 opening. This marks the company’s second Northern California location, adding to its nationwide network of more than...
PEF Advisors Acquires Hadley Affordable Geared to Seniors, Families
Preservation Equity Fund Advisors (PEF Advisors), a California‑based real‑estate private‑equity firm, has purchased University Crossing and Woodland Crossing apartments in Hadley, Massachusetts. The two properties comprise 160 affordable units—80 senior units built in 2000 and 80 family units completed in...
Related California, McCourt Forge JV for San Francisco Office/Hotel Tower
Related California has formed a joint venture with Los Angeles‑based McCourt Partners to develop 530 Sansome, a 41‑story office and hotel tower in San Francisco. The mixed‑use project will feature 342,000 sq ft of office space, a five‑star hotel, 7,400 sq ft of retail and restaurant...
SVN Chicago Facilitates Sale of Redeveloped Restaurant Property in Joliet
SVN Chicago Commercial closed a $1.7 million sale of a 3,339‑square‑foot quick‑service restaurant in Joliet, Illinois. The property was fully gut‑rehabbed and positioned on a high‑traffic retail corridor, offering a turnkey, state‑of‑the‑art facility. Buyer Tacos El Tio, a regional restaurant chain, acquired the...
Gantry Secures $73M for Kansas City Region Multifamily Property
Gantry has secured a $73 million permanent loan to refinance the 425‑unit Prairie Creek Apartments & Townhomes in Lenexa, Kansas. The loan, arranged through Fannie Mae, is a five‑year, fixed‑rate, non‑recourse facility with partial full‑term interest‑only. The property, a Class A, master‑planned community,...
Logistics Firm Starts Work on 600K-SF Denver-Area Industrial Park
Logistics Property Co. broke ground on the Eagle 25 Logistics Center, a 600,000‑square‑foot industrial park in Thornton, Colorado. The development comprises three buildings—175,000, 230,000 and 202,000 sf—and is slated for completion in Q2 2027. Permits also cover a fourth 141,000‑sf structure and...
Sagard Real Estate Cuts Ribbon on 371K-SF Staten Island Industrial
Sagard Real Estate has completed One Nassau Place, a 331,700‑square‑foot, single‑story industrial warehouse in Staten Island, now the largest new‑construction warehouse of its kind in New York City. Cushman & Wakefield has been named the exclusive leasing agent for the property. The...
Woodmont Sells Newly Built Pennington Apartments for $116M
A national multifamily owner acquired One Hundred Forge, a newly built 300‑unit luxury apartment complex in Pennington, New Jersey, for $115.75 million. The Class A property reached full occupancy by mid‑2025 after leasing began in 2024. Woodmont Properties, the developer, sold the asset...
PGIM Furnishes Loan to Refinance Beacon Capital’s One Brattle Square
PGIM’s real‑estate arm has extended a $58.5 million floating‑rate loan to refinance One Brattle Square, a 94,800‑square‑foot mixed‑use office and retail building in Cambridge’s Harvard Square. The loan was made to an affiliate of Beacon Capital Partners, covering a property that...
GID Acquires Luxury Multifamily in San Diego’s Mission Valley
Berkadia closed the sale of Metro Mission Valley, a 305‑unit luxury apartment community in San Diego, to GID. While the transaction price was undisclosed, GID recently spent $167 million on a nearby 331‑unit asset, underscoring its aggressive expansion in the market....
C-PACE Financing Evolves Into Capital Stack Heavyweight
C-PACE financing has shifted from a niche solar‑loan tool to a mainstream component of commercial real‑estate capital stacks, highlighted by Peter Grabell’s upcoming panel at Connect Los Angeles 2026. The program now operates in 40 states, with Alabama being the...
Frankies Bikinis Debuts First Mid-Atlantic Store in Georgetown
Malibu‑based lifestyle label Frankies Bikinis has launched its first Mid‑Atlantic storefront in Georgetown, occupying a 1,482‑square‑foot space at 1238 Wisconsin Ave NW. The boutique will showcase the brand’s dresses, knits, bikinis and other apparel separates, catering to its mother‑daughter shopping...
Boston Planning Approves Skanska’s Longwood Place Redevelopment
The Boston Planning & Development Agency gave unanimous approval for the first three buildings of Skanska’s Longwood Place redevelopment. The plan covers two commercial towers and one residential building, plus underground parking and public‑realm upgrades on the former Simmons University...
Great Expectations SPC Acquires 102-Unit MF Development Site in Puyallup
Great Expectations SPC has acquired the Addison Grove site, a shovel‑ready 102‑unit multifamily development parcel in Puyallup, Washington. The transaction was arranged by Kidder Mathews, with the firm’s Simon | Anderson Multifamily Team representing both seller and buyer. The property sits in...
IPA Closes Sale of Student Housing Adjacent to UCLA
Institutional Property Advisors (IPA), a Marcus & Millichap division, closed the sale of Axiom Westwood, a 153‑unit student housing portfolio adjacent to UCLA. The four‑building complex sold for $62.6 million, marking the largest unit‑count transaction in Westwood since 2020. The previous...
Abacus Capital Scores $111M Refi on Danbury Apartments
Abacus Capital Group secured a $111.41 million refinancing loan for Abbey Lane Apartments, a 470‑unit Class A multifamily complex in Danbury, Connecticut. The loan was arranged by Newmark’s Multifamily Debt & Structured Finance team and funded by Fannie Mae. Abbey Lane offers...
Strong Pilates to Open at Related Beal’s Kenmore Square
Related Beal has finalized a lease with Australian boutique fitness brand Strong Pilates for a new retail space at One Kenmore Square in Boston, slated to open this summer. The Boston location is part of Strong Pilates’ first U.S. rollout...
Friedman Real Estate Completes Ohio Gerber Collision Portfolio Deal
Friedman Real Estate closed the sale of a three‑property Gerber Collision portfolio in Cleveland, Ohio. The sites at Brookpark Road, Dover Center Road and Bagley Road are occupied by Gerber Collision & Glass, the nation’s second‑largest collision‑repair chain, providing a...
Boll & Branch to Open New Location at Westfield Old Orchard
Luxury home‑goods brand Boll & Branch is opening a 1,430‑square‑foot flagship store at Westfield Old Orchard in Skokie, marking its first permanent presence in the Chicagoland market. The new location will showcase the company’s premium bedding and bath collections and offer...
Interra Realty Brokers Sale of Bucktown Mixed-Use Building
Interra Realty brokered a $7.34 million off‑market sale of 1755 N. Damen Ave., a 13‑unit mixed‑use building in Chicago’s Bucktown neighborhood. The buyer, Stocking Urban, LLC, acquired fully occupied residential units and three commercial spaces, two of which are already leased. The property’s luxury...
VMD Secures Two Manufacturing Tenants at Master-Planned Industrial Park
VMD Companies and CBRE have locked in two anchor tenants for The Campus at Canopy Drive, a 700,000‑sq‑ft master‑planned industrial park in Middleborough, Massachusetts. REXA will develop a 110,000‑sq‑ft high‑tech manufacturing facility on Lot 2, while Indus will occupy a 70,000‑sq‑ft...
Development Site Sale Sets Carroll Gardens Pricing Record
Marcus & Millichap closed the sale of 101‑103 Luquer St. in Brooklyn’s Carroll Gardens for $5.25 million, translating to $503 per buildable square foot—a record price for the neighborhood. The 5,217‑square‑foot lot provides roughly 10,434 buildable square feet, suitable for condos, townhouses or rentals,...
Silverstein Secures High-Profile Leases at DTLA’s US Bank Tower
Silverstein Properties announced new leases covering 53,146 square feet at the US Bank Tower in Downtown Los Angeles. International law firm King & Spalding added 18,971 square feet, extending its stay through 2033, while Zurich North America signed a 10‑year...