• U.S. Soccer Federation to Develop $228M National Training Center in Metro Atlanta

• McDonald’s to Test Small-Format, Beverage-Led CosMc’s Concept with First Location in Metro Chicago

• 60-Story Office Tower With Salesforce as Anchor Tenant Opens in Chicago

• Partnership to Develop 3 MSF Industrial Park on Florida’s Space Coast

Features

• Seniors Housing Acquisitions Make More Sense Than Development in Today’s Market, Says Benchmark CEO Tom Grape

• New Multifamily Starts to Slow to a Crawl in 2024, Say InterFace Panelists

• Why Build-to-Rent Continues to Take Commercial Real Estate by Storm

• Bid-Ask Spread Continues to Throttle Down Multifamily Investment Sales, Say InterFace Panelists

• Is a Rebound in the Cards for Investment Sales Anytime Soon?

• Cushman & Wakefield: Manhattan’s Fifth Avenue Remains Most Expensive Street in the World for Retailers

• How to Clear Affordable Housing’s Construction Financing Hurdle

• Three Topics Dominate ULI Conference Conversations: Affordable Housing, Obsolescent Real Estate, Capital Markets Challenges

• Replacement Cost is Central Acquisitions Metric in a Volatile Market

• Converting Office to Life Sciences Offers Lucrative Alternative to Residential Reuse Projects

Lending Activity

• Seven Hills Realty Trust Arranges $29M Refinancing for SunCoast Park Hotel Anaheim

• Macerich Secures $710M CMBS Refinancing for Tysons Corner Center in Metro D.C.

• United Group Receives $35M Construction Loan for Active Adult Project in Worcester, Massachusetts

• Largo Capital Arranges $21.7M Loan for Refinancing of Industrial Building in DeWitt, New York

• Gantry Arranges $8.2M Loan for Skyview Lofts in Kalispell, Montana

• Bank OZK Provides $95M Construction Loan for Manhattan Multifamily Project

• JLL Arranges Refinancing of 164-Room Copley Square Hotel in Boston

• KeyBank Provides $12.5M Construction Loan for Three Sisters Affordable Housing Development in Las Cruces, New Mexico

Leasing Activity

• Keystone Advisors Signs 32,000 SF Office Lease in West Houston

• Finial Group Negotiates 15,085 SF Office Lease in Houston

• Cushman & Wakefield Negotiates 40,000 SF Office Lease Renewal in Iselin, New Jersey

• Aldi to Open 20,000 SF Store in Papillion, Nebraska

• Colliers Negotiates 12,598 SF Office Lease at Farnam Executive Center in Omaha

• Stream Realty Partners Negotiates 135,285 SF Industrial Lease Near Port Houston

• US Med-Equip Signs 34,000 SF Office Lease in West Houston

• Wegmans to Open 88,000 SF Grocery Store in Yardley, Pennsylvania, Hire 400 People

Company News

• McDonald’s to Test Small-Format, Beverage-Led CosMc’s Concept with First Location in Metro Chicago

• Flexible Workspace Pioneer WeWork Files for Bankruptcy, Plans to Renegotiate Leases

• Hilton Grand Vacations Agrees to Acquire Bluegreen Vacations for $1.5B, Including 48 Club Resorts

• Sembler Co. Founder Mel Sembler Dies at 93