• Hines, Simon Break Ground on Mixed-Use Development at Briarwood Mall in Ann Arbor

• Big Lots Files for Chapter 11 Bankruptcy, Enters into Sale Agreement with Nexus Capital

• Core Spaces Delivers Six Student Housing Developments Totaling 4,549 Beds

• Centennial Acquires 1.6 MSF Annapolis Mall in Maryland from URW, Plans Mixed-Use Revamp

Features

• How to Elevate Wellness Through Design in Behavioral Healthcare Facilities

• Promote from Within or Hire from Outside? Employee Retention Is Top of Mind for Seniors Housing Operators, Says InterFace Panel    

• Industrial Developers Need Incentives in Today’s Market, Say InterFace Panelists

• Careful Balance of Business Fundamentals, Quality Care Is Key to Seniors Housing Success, Say InterFace Panelists

• Student Housing Developers Learn to Build More Product With Fewer Resources

• Build-to-Rent Sector Remains in a Sweet Spot, Say InterFace Panelists

• Construction Sector Braces for Dry Spell in New Apartment Development

• Challenges, Opportunities Abound in Addressing US Affordable Housing Crisis

• Midway into 2024, Lenders Take Note of Loan Bifurcation, Retail’s Reversal

• Multifamily Markets See Silver Lining Despite Economic Headwinds

Lending Activity

• JLL Arranges JV Equity for $95M Acquisition of Plant Shopping Center in San Jose

• LaTerra Development Obtains $18.2M Construction Loan for Self-Storage Facility in Van Nuys, California

• Greystone Arranges $56.3M Refinancing for Multifamily Community in North Carolina

• JV Secures $135M Construction Loan for Perris Gateway Industrial Project in Perris, California

• JLL Arranges $150M Loan for Refinancing of Metro Boston Life Sciences Facility

• Alaka’i Development Receives Construction Financing for $135M Dual-Branded Hotel Project in Oahu

• Cushman & Wakefield Arranges $25.3M Construction Loan for Saltese Creek Multifamily Project in Spokane, Washington

• Ziegler Arranges $13.3M Financing for Bayview Retirement Community in Seattle

Leasing Activity

• Lingerfelt Inks 106,376 SF Industrial Lease With PECO Pallet in Metro Richmond

• Chesmar Homes Signs 14,594 SF Office Lease in Richardson, Texas

• CBRE Opens 5,154 SF Office at Phillips Murrah Building in Midtown Oklahoma City

• Hain Celestial Signs 40,000 SF Office Headquarters Lease in Hoboken

• PhiloWilke Partnership Signs 14,729 SF Office Lease in Houston’s Westchase District

• FTI Consulting Signs 21,910 SF Office Lease Renewal in Downtown Boston

• Partner Engineering & Science Opens 18,000 SF Office in Asbury Park, New Jersey

• Burlington Leases 22,000 SF at Memorial Mall in Sheboygan, Wisconsin

Company News

• Big Lots Files for Chapter 11 Bankruptcy, Enters into Sale Agreement with Nexus Capital

• Nordstrom Board Receives Going-Private Transaction Proposal from Nordstrom Family, Liverpool

• Go Store It, Snapbox Merge, Creating 10 MSF Self-Storage Giant

• Trimont Agrees to Acquire Wells Fargo’s Commercial Mortgage Servicing Business