Acquisitions

NewMark Merrill Acquires 179,106 SF Lake Meadows Shopping Center in Chicago

by Kristin Harlow January 6, 2026

CHICAGO — NewMark Merrill Cos. Inc. has acquired Lake Meadows Shopping Center, a 179,106-square-foot property in Chicago. Draper and Kramer Inc. was the seller. Anchor tenants include Jewel-Osco, LA Fitness, Foot Locker, CVS Pharmacy and Citi Trends. NewMark Merrill now owns or operates eight properties in the Chicago area representing more than 1.6 million square feet and a combined asset value of over $300 million. The company plans to upgrade Lake Meadows with improvements to signage, lighting and gathering spaces. Sandy Sigal, Jim Patton, Brad Pearl, Sandra Kist, Susan Rorison and Matt Gugliciello represented NewMark Merrill on an internal basis. Michael Nieder, Brian Page and John Dettlaff of JLL represented the seller. Lake Meadows was 85 percent leased at the time of sale.

January 6, 2026

Acquisitions Content Partner Features Loans Midwest Multifamily Northeast Regions Real Estate Capital Markets Southeast Western

Navigating Fannie Mae, Freddie Mac Small Balance Multifamily Loan Programs

by Sarah Daniels January 6, 2026

By Ann Atkinson, Regions Real Estate Capital Markets Most multifamily real estate owners need to finance or refinance their apartment community at some point. Many utilize the small balance multifamily loan programs available through Fannie Mae and Freddie Mac to do so. Understanding how lenders navigate each phase of the loan cycle can give owners a strategic advantage, especially in a time of elevated rate volatility. A significant amount of multifamily debt is maturing in 2026. Borrowers should not wait to refinance to avoid the concentrated competition later in the year when lenders are faced with refinancing demand. In addition, modest rent growth today offers refinancing upside; and finally, Fannie Mae and Freddie Mac have higher production caps in 2026, providing more runway for lending. The following overview, based on Regions Real Estate Capital Markets’ experience, outlines five key phases of the process, with helpful tips throughout: 1. Screening and Term Sheet Loan screening kicks off the relationship between borrower and lender. The lender’s production representative often conducts an introductory call with the borrower, who completes an application and provides due diligence items. Access a checklist of items to provide to Regions for screening here. Tip #1: Get all required (and …

January 6, 2026

Acquisitions Industrial Texas

JLL Brokers Sale of 616,068 SF Industrial Building in South Dallas

by Taylor Williams January 5, 2026

DALLAS — JLL has brokered the sale of Core45 Building 1, a 616,068-square-foot industrial structure in South Dallas. Built on 33.8 acres in 2023, the building features 40-foot clear heights, 110 dock doors, four drive-in ramps, 188-foot truck court depths, 8,180 square feet of office space and parking for 306 cars and 151 trailers. Trent Agnew, Tom Weber, Pauli Kerr and Carson Stogner of JLL represented the seller, an affiliate of Grandview Partners, in the transaction. The buyer was LBA Logistics.

January 5, 2026

Acquisitions Industrial New Jersey Northeast

Cushman & Wakefield Brokers Sale of 97,145 SF Industrial Park in Clifton, New Jersey

by Taylor Williams January 5, 2026

CLIFTON, N.J. — Cushman & Wakefield has brokered the sale ofthe 97,145-square-foot Route 3 Industrial Park in the Northern New Jersey community of Clifton. The property consists of two shallow bay buildings on a 4.5-acre site that were fully leased at the time of sale. Gary Gabriel, Kyle Schmidt, Ryan Larkin and Seth Zuidema of Cushman & Wakefield represented the seller, Longpoint Partners, in the transaction. The buyer was The Silverman Group.

January 5, 2026

Acquisitions California Multifamily Western

A.G. Spanos Sells Two Apartment Communities in Sacramento to Jackson Square Properties for $161.5M

by Amy Works January 5, 2026

SACRAMENTO, CALIF. — A.G. Spanos has completed the sale of Zeta Luxury Apartments and Solasta Luxury Apartments, a multifamily portfolio in Sacramento, to Jackson Square Properties for $161.5 million. Marc Ross, Joe McNamara and Claire Holt of CBRE represented the seller in the transaction. A.G. Spanos developed the properties in 2024. Located at 3761 E. Commerce Way, Zeta Luxury Apartments features 270 studio, one- and two-bedroom apartments, a resort-style saltwater pool, 24-hour athletic center, pickleball courts and a luxury clubhouse with gaming tables, a movie lounge, demonstration kitchen, gourmet coffee bar, beer and wine on tap and private work areas. Located at 7606 Klotz Ranch Court, Solasta Luxury Apartments offers 266 one-, two- and three-bedroom floor plans, a heated saltwater swimming pool, rooftop deck with a fireplace and outdoor TVs and an upscale resident lounge with gaming tables and a demonstration kitchen.

January 5, 2026

Acquisitions Arizona Industrial Western

Westfield Co., RGA ReCap Sell Fairway Commerce Center in Avondale, Arizona for $89.8M

by Amy Works January 5, 2026

AVONDALE, ARIZ. — Westfield Co. and RGA ReCap Inc., on behalf of RGA, have completed the sale of Fairway Commerce Center, a distribution facility located at 12250 W. Corporate Drive in Avondale. The United States Postal Service occupies the 450,260-square-foot property, which is situated on 26 acres, on a 10-year, triple-net lease. Completed in 2024, the cross-dock facility features a clear height of 40 feet, 13,800 amps of power, complete climate control, 83 dock-high loading positions and secured truck courts. Ben Geelan, Greer Oliver, Bryce Beecher and Gigi Martin of JLL Capital Markets represented the seller in the transaction.

January 5, 2026

Acquisitions California Office Western

Newmark Arranges $89M Sale of Office Campus in Orange, California

by Amy Works January 5, 2026

ORANGE, CALIF. — Newmark has brokered the sale of Orange City Square, a repositioned Class A office campus in Orange. Granite Properties sold the asset to MGR Real Estate for $89 million. Kevin Shannon, Paul Jones, Ken White and Brandon White of Newmark represented the seller in the deal. Jonathan Firestone and Blake Thompson of Newark arranged $57 million in financing for the buyer. Situated on 14.1 acres at 750, 770, 790 and 840 The City Drive South, the three-building campus offers 383,558 square feet of office space and 8,966 square feet of retail space. The asset was built in 1988 and extensively renovated through 2025. Amenities include reimagined lobbies, a customer lounge with kitchen, a fitness center, two conference centers and an outdoor event space with TVs, WiFi and barbecue facilities. At the time of sale, the property was 84 percent leased.

January 5, 2026

Acquisitions Multifamily Oregon Western

HFO Investment Real Estate Brokers $7.2M Sale of Multifamily Community in Salem, Oregon

by Amy Works January 5, 2026

SALEM, ORE. — HFO Investment Real Estate has directed the sale of Battle Creek Lodges, an apartment property in Salem’s South Gateway neighborhood. An investment group acquired the asset from an undisclosed seller for $7.2 million. Battle Creek Lodge features 56 two-bedroom apartments averaging 1,000 square feet. Community amenities include a seasonal pool, tennis court, picnic areas and fireplaces. Greg Frick and Adam Smith of HFO represented both the seller and buyer in the deal.

January 5, 2026

Acquisitions Florida Multifamily Southeast

CBRE Brokers Sale of 400-Unit Pier 5350 Apartments in Jacksonville

by John Nelson January 5, 2026

JACKSONVILLE, FLA. — CBRE has brokered the sale of Pier 5350, a 400-unit apartment community located at 5350 Arlington Expressway in Jacksonville. The waterfront property sits on 22 acres directly across the St. Johns River from downtown Jacksonville. Locally based GMC Properties purchased the community from Atlas Real Estate Partners for an undisclosed price. John Rutherford and Luke McCann of CBRE represented both parties in the transaction. Pier 5350 comprises studio, one-, two- and three-bedroom apartments within 46 residential buildings. The property has recently undergone a $14 million capital improvement plan, with updates made to unit interiors, the pool, waterfront clubhouse, fitness center, picnic areas and the community’s private fishing dock.

January 5, 2026

Acquisitions Indiana Midwest Multifamily Student Housing

Inland, Scion Buy 489-Bed Student Housing Community at Purdue University in Indiana

by Kristin Harlow January 5, 2026

WEST LAFAYETTE, IND. — Inland Real Estate Acquisitions LLC and The Scion Group have purchased Fuse, a 489-bed student housing community located directly across the street from Purdue University’s Mackey Arena and Ross-Ade Stadium in West Lafayette. The property at 720 Northwestern Ave. rises five stories with 229 units. Amenities include a clubhouse, game room, yoga and dance studio, terrace and outdoor lounge, a fitness center and business center with private study rooms. The buyers acquired the property as part of a portfolio with two other communities in Waco, Texas, and Charlottesville, Va. Mark Cosenza and David Neboyskey of Inland completed the transaction on behalf of an Inland affiliate. TSB Capital Advisors consulted for the buyers and TSB Realty represented the sellers. Walker & Dunlop arranged fixed-rate loans for the portfolio through Freddie Mac.

January 5, 2026

Newer Posts

Older Posts