Property Type

Greystar, University of Texas at Austin Break Ground on 340-Bed Student Housing Project

by Taylor Williams May 12, 2026

AUSTIN, TEXAS — A public-private partnership between South Carolina-based Greystar and the University of Texas at Austin has broken ground on Law School Village, a 340-bed student housing project for enrollees at the university’s law school. The 14-story building will offer 280 units in studio, one- and two-bedroom configurations. Shared amenities are set to include a library-style sky lounge, café, fitness and yoga area, courtyard, two rooftop decks and retail space. Lemmo Architecture & Design and Meeks + Partners designed the project, which is expected to be complete in advance of the 2028-2029 academic year.

May 12, 2026

Development Hospitality Texas

NewcrestImage Completes Renovation of 293-Unit Hotel in Westlake, Texas

by Taylor Williams May 12, 2026

WESTLAKE, TEXAS — Locally based owner-operator NewcrestImage has completed the renovation of the 293-room Ricardo Marriott DFW Westlake hotel. NewcrestImage acquired the hotel in September 2023 in a joint venture with Dabu Group, at which time the property was known as Marriott Westlake. In addition to the rebranding, which pays homage to Mexican architect Ricardo Legorreta, the renovation introduced a new food-and-beverage concept and refreshed the hotel’s amenities, including 15,000 square feet of meeting and event space. Coury Hospitality manages the property.

May 12, 2026

Acquisitions Retail Texas

JLL Arranges Sale of 76,426 SF Shopping Center in North Dallas

by Taylor Williams May 12, 2026

DALLAS — JLL has arranged the sale of Shops at Mockingbird, a 76,426-square-foot shopping center in North Dallas. The center was built on 6.4 acres adjacent to Dallas Love Field Airport in 2008. LA Fitness anchors the property, which was 94.7 percent occupied at the time of sale. Additional tenants include Family Dollar, Tropical Smoothie, Leslie’s Pool Supplies and Fuzzy’s Taco Shop. Adam Howells, Erin Lazarus and Michael Jankovich of JLL represented the seller, locally based investment firm Dunhill Partners, in the transaction.

May 12, 2026

Industrial Leasing Activity Texas

Highland Properties Negotiates 12,162 SF Industrial Lease in Richardson, Texas

by Taylor Williams May 12, 2026

RICHARDSON, TEXAS — Local brokerage firm Highland Properties has negotiated a 12,162-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The tenant is ZC Distribution, and the space is located at 1461 Exchange Drive. Scott Voelkel and Cullen Dickey of Highland Properties represented the tenant in the lease negotiations. Dan Lawson of Proterra Properties represented the landlord, a Dallas-based partnership.

May 12, 2026

Development Industrial New Jersey Northeast

Mapletree to Develop 952,720 SF Industrial Project in Manalapan, New Jersey

by Taylor Williams May 12, 2026

MANALAPAN, N.J. — Mapletree, a development and investment firm based in Singapore, will build a 952,720-square-foot industrial project in Manalapan, located east of Trenton in Central New Jersey. The 96.8-acre site at 370 Smithburg Road is located near Exit 8 off the New Jersey Turnpike, and the development will consist of two buildings that will total 300,220 and 652,500 square feet. Building features will include clear heights of 40 feet, 172 dock doors and parking for 366 cars and 141 trailers. Construction is expected to begin in the coming months and to be complete in early 2028.

May 12, 2026

Acquisitions Multifamily New York Northeast

Cushman & Wakefield Brokers $36M Sale of Apartment Building in Lynbrook, New York

by Taylor Williams May 12, 2026

LYNBROOK, N.Y. — Cushman & Wakefield has brokered the $36 million sale of Cornerstone Yorkshire, an 80-unit apartment building in Lynbrook, located on Long Island. The property offers studio, one- and two-bedroom units and amenities such as a fitness center, resident lounge and a landscaped courtyard. Niko Nicolaou, Ryan Dowd, David Bernhuat, Daniel Abbondandolo, Joegy Raju, Peter Welch, J.P. Hohl and Alexandria Ebers of Cushman & Wakefield represented the seller, The Birch Group, in the transaction and procured the undisclosed buyer.

May 12, 2026

Acquisitions Connecticut Multifamily Northeast Uncategorized

IPA Negotiates Sale of 42-Unit Pomeroy Place Apartments in Meriden, Connecticut

by Taylor Williams May 12, 2026

MERIDEN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Pomeroy Place Apartments, a 42-unit apartment complex in Meriden, located roughly midway between Hartford and New Haven. Built in 2025, Pomeroy Place features studio, one- and two-bedroom units as well as a fitness center. Wes Klockner, Ross Friedel and Victor Nolletti of IPA represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

May 12, 2026

Leasing Activity New York Northeast Office

Pandora Jewelry Signs 55,872 SF Office Lease Expansion, Extension in Midtown Manhattan

by Taylor Williams May 12, 2026

NEW YORK CITY — Pandora Jewelry has signed a 55,872-square-foot office lease expansion and extension in Midtown Manhattan. The deal doubles Pandora’s existing footprint at 1540 Broadway via a new lease for the entire 34th floor. Dan Posy of JLL represented the tenant in the lease negotiations. Clark Finney, Frank Doyle, Carlee Palmer and Michael Pallas, also with JLL, along with internal agent Allen Gurevich, represented the landlord, GFP Real Estate, which owns the building in partnership with BDT & MSD Partners.

May 12, 2026

California Hospitality Loans Western

GreenRock Capital, J.P. Morgan Close $103M in Financing for Ontario Airport Hotel and Conference Center in California

by Amy Works May 12, 2026

ONTARIO, CALIF. — GreenRock Capital, with J.P. Morgan as underwriter, has closed $103 million in financing for the Ontario Airport Hotel and Conference Center in Ontario. The $103 million package pairs $26 million in tax-exempt C-PACE bonds with $77 million in tax-exempt mortgage revenue bonds. The financing was placed with municipal bond investors. National CORE owns the asset, which is being converted into the Hyatt Regency Ontario through a comprehensive renovation and repositioning process. Financing proceeds will support the redevelopment of the existing 309-room hotel into a 295-room Hyatt Regency. The new property will feature expanded suites, fully renovated guest rooms and commons area, a redesigned lobby, upgraded food-and-beverage offerings, a new Club Lounge and more than 16,000 square feet of meeting space. Keaton Yellin of JLL Capital Markets arranged the financing. Fred Schuster of FGS Realty Advisors assisted the sponsor with the transaction.

May 12, 2026

Colorado Loans Multifamily Western

PCCP Provides $78M Refinancing for Multifamily Property in Denver

by Amy Works May 12, 2026

DENVER — PCCP has provided a $78 million loan to Trammell Crow Residential for the refinancing of Alexan Evans Station in Denver. The 367-unit property, located at 2121 S. Broadway, was built in 2023 and is LEED Gold-certified. The community offers a mix of studio, one-, two- and three-bedroom units and 7,334 square feet of ground-floor retail space leased to F45, SweatHouz and Pacific Dental Services. Amenities include a pool and hot tub with cabanas, a fitness center, coworking spaces and a conference center, electric vehicle charging and an onsite convenience market.

May 12, 2026

Newer Posts

Older Posts