Property Type

Hillwood Underway on Two Spec Industrial Buildings Totaling 769,858 SF in North Fort Worth

by Taylor Williams May 14, 2026

FORT WORTH, TEXAS — Hillwood is underway on construction of two speculative industrial buildings totaling 769,858 square feet at AllianceTexas, the developer’s master-planned community in North Fort Worth. Alliance Gateway 70 and Alliance Gateway 71 will total 268,623 and 501,235 square feet, respectively. Alliance Gateway 70 will feature a rear-load configuration, 36-foot clear heights, 47 dock doors, two drive-in ramps, 185-foot truck court depths and parking for 270 cars and 68 trailers. Alliance Gateway 71 will feature 40-foot clear heights, 105 dock doors, four drive-in ramps, 185-foot truck court depths and parking for 294 cars and 149 trailers. Planned speculative tenant improvements for both buildings include approximately 2,500 square feet of main office space, LED warehouse lighting and 20 full dock door packages with seals, bumpers, lights and mechanical levelers. RGA Architects designed the buildings, with Westwood handling civil engineering. Enterprise Bank and Comerica Bank are respectively financing construction of the two buildings. Construction of both buildings is expected to be complete before the end of the year.

May 14, 2026

Development Multifamily Southeast Virginia

Emerson, Philip Roper Deliver 201-Unit Apartment Community in Metro Richmond

by John Nelson May 14, 2026

CHESTER, VA. — Locally based Emerson Cos. and independent developer Philip Roper have delivered The River Apartments, a 201-unit community located at 1350 Meadowville Technology Parkway in Chester. The Class A community is situated near the James River, which runs through downtown Richmond. The property features one-, two- and three-bedroom floorplans ranging in size from 615 to 1,489 square feet. Monthly rental rates range from $1,684 to $2,596, according to Apartments.com. Amenities include a saltwater pool with sundeck, fitness center, grilling stations, landscaped courtyards with fire pits, resident lounge and coworking/conference space. Burke & Herbert Bank provided an undisclosed amount of construction financing to the development team. The design-build team include 2PA (architect), Highmark Engineering (civil engineer), KBS (general contractor), Focus Design (interior designer) and Cite Design (landscape architect). Capital Square Living operates The River Apartments.

May 14, 2026

Acquisitions Florida Retail Southeast

Cushman & Wakefield Negotiates Sale of Publix-Anchored Shopping Center in Central Florida

by John Nelson May 14, 2026

LONGWOOD, FLA. — Cushman & Wakefield has negotiated the sale of the Shoppes of Sweetwater, a 64,253-square-foot, Publix-anchored shopping center located at 3857 Wekiva Springs Road in Longwood, roughly 15 miles north of Orlando. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, an entity doing business as Shoppes of Sweetwater Inc., in the transaction. Washington, D.C.-based Graphite Real Estate was the buyer. The sales price was not released. Shoppes of Sweetwater, which was 94 percent leased at the time of sale, features a mix of tenants such as CVS, The Hummus Corner, Li’s Garden Chinese Restaurant, Aca-Pulquito Cocina Mexicana, Sassy Nails, State Farm Insurance, Duvall Dance Academy, Supercuts, Leslie’s Pool Supplies and Sweetwater Yoga & Fitness. The sale also included an outparcel leased to McDonald’s, as well as an undeveloped 0.6-acre parcel. Graphite Real Estate has retained John Crossman of CrossMarc Services to handle leasing for the center. Crossman was the leasing agent responsible for bringing Publix to the center in 2002, according to Cushman & Wakefield.

May 14, 2026

Florida Loans Southeast Student Housing

Walker & Dunlop Provides $53.7M Agency Refinancing for Student Housing Community in Daytona Beach

by John Nelson May 14, 2026

DAYTONA BEACH, FLA. — Walker & Dunlop has provided a $53.7 million Freddie Mac loan for the refinancing of OnShore, a 636-bed student housing community located near Embry-Riddle Aeronautical University in Daytona Beach. Delivered in 2020, the community offers 210 units alongside shared amenities including a fitness center, study areas, an infinity pool and a flight simulator. Will Baker, Mike Shropshire, William Shell and Doug McDaniel of Walker & Dunlop originated the seven-year, floating-rate loan with a four-year interest-only period on behalf of the borrower, a partnership between L3 Campus and Aureon Partners. Austin Kinn of TSB Capital Advisors also consulted on the transaction on behalf of the borrower.

May 14, 2026

Development Hospitality Loans Maryland Southeast

MCEC Closes $43M C-PACE Loan for Marriott Downtown Frederick Hotel in Maryland

by John Nelson May 14, 2026

FREDERICK, MD. — The Maryland Clean Energy Center (MCEC) has closed a $43 million loan for the development of the Marriott Downtown Frederick at Carroll Creek, a 204-room hotel underway in downtown Frederick. The Maryland Property Assessed Clean Energy (MDPACE) transaction represents the largest C-PACE loan in Maryland to date, according to MCEC, which is the administrator of the MDPACE program. Nuveen Green Capital provided the 30-year, fixed-rate financing on behalf of the locally based developer, Plamondon Hospitality Partners. The C-PACE financing will fund sustainable initiatives at the property including advanced insulation, roofing, windows, HVAC systems, LED lighting, low-flow water fixtures and hot water systems. The Marriott Downtown Frederick at Carroll Creek will be situated on 2.2 acres at 20 S. Carroll St. and feature more than 20,000 square feet of conference and event space, including a rooftop terrace and flexible indoor-outdoor venues. The hotel will also have two restaurants (one creekside and one rooftop bar and restaurant), a lobby bar and a coffee shop and market. The hotel’s target opening date was not released.

May 14, 2026

Acquisitions Development Multifamily Student Housing Texas

Tailwind Group Buys 543-Bed Student Housing Community Near Baylor University, Plans Renovation

by Taylor Williams May 14, 2026

WACO, TEXAS — Tailwind Group has acquired The Outpost Waco, a 543-bed student housing community located near the Baylor University campus, with plans to commence renovations in June. Capital improvements will include a redesigned clubhouse with a modern lounge and gaming areas, dedicated study zones and private conference rooms; the addition of a new 24-hour market; improved technology throughout the community; and a complete refresh of the property’s fitness center with increased space, new equipment and a spa-style sauna. The community’s exterior is also set to undergo upgrades, including renewed pool areas with new furniture and grills, revitalized outdoor recreational facilities, updated landscaping and improvements to the building’s exteriors. Renovations are scheduled for completion by this November. The seller and terms of the transaction were not released.

May 14, 2026

Development Loans Mixed-Use Texas

Oak Street Capital Arranges $15M Construction Loan for Mixed-Use Project in Taylor, Texas

by Taylor Williams May 14, 2026

TAYLOR, TEXAS — Oak Street Capital, an Austin-based financial intermediary, has arranged a $15 million construction loan for a mixed-use project that will be located in the Central Texas city of Taylor. The site is located along Second Street, and the project will be an 82-unit condo and retail development. Brian Hampton led the Oak Street Capital team on the debt placement. The lender was First Bank of The Southwest, and the borrower was Metropolitan Development Co. A groundbreaking ceremony took place on March 25.

May 14, 2026

Acquisitions Net Lease Retail Texas

Boulder Group Negotiates $4.7M Sale of Retail Building in Corinth, Texas

by Taylor Williams May 14, 2026

CORINTH, TEXAS — The Boulder Group, a brokerage firm specializing in net-lease deals, has negotiated the $4.7 million sale of a 12,983-square-foot retail building in Corinth, located north of the metroplex in Denton County. CVS occupies the building at 1101 FM 2181. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a West Coast-based private investor, in the transaction. The buyer was a Southeast-based private investor. Both parties requested anonymity.

May 14, 2026

Acquisitions Connecticut Multifamily Northeast

NEPCG Arranges $17.3M Sale of Multifamily Portfolio in New London, Connecticut

by Taylor Williams May 14, 2026

NEW LONDON, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $17.3 million sale of a portfolio of three multifamily properties totaling 136 units in New London, located in southern coastal Connecticut. Courtview Square is a four-building complex that houses 96 units, exclusively in one-bedroom floor plans. Harbortree Apartments is a five-building property that offers 28 units in studio, one- and two-bedroom formats. Bristol Apartments is a 12-unit building comprised entirely of one-bedroom apartments. Brad Balletto of NEPCG represented the New Jersey-based seller in the transaction and procured an undisclosed, regional owner-operator as the buyer.

May 14, 2026

Acquisitions Arizona Multifamily Western

Millburn & Co. Buys 339-Unit Apartment Community in Mesa, Arizona

by Amy Works May 14, 2026

MESA, ARIZ. — Salt Lake City-based Millburn & Co. has acquired Ascend at Longbow Highpoint, a multifamily property in Mesa, from D.R. Horton for an undisclosed price. Matt Pesch, Asher Gunter and Austin Groen of CBRE represented the seller in the transaction. CBRE’s Debt & Structured Finance team arranged financing for the buyer. Completed in 2025, the community features 339 apartments situated along the Longbow Golf Club. Residences include hardwood-style flooring, granite countertops, energy-efficient windows, smart thermostats, full-size washers/dryers, stainless steel appliances and patios or balconies. Ascend at Longbow Highpoint in Mesa, Ariz., features 339 apartments, a swimming pool, conference rooms, pet amenities and a resident clubhouse. Community amenities include a resort-style pool deck with golf course views, a covered outdoor kitchen and barbecue pavilion, a resident clubhouse with lounge areas, a community kitchen, conference rooms and coworking spaces. Additional amenities include outdoor gathering areas, electric vehicle charging, pet amenities, package lockers and a walking trail with direct access to the golf course.

May 14, 2026

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