Property Type

City of Sugar Land Underway on Renovation, Modernization of 32-Acre Downtown Commercial Center

by Taylor Williams November 10, 2026

SUGAR LAND, TEXAS — The City of Sugar Land, located southwest of Houston, is underway on the $12.5 million renovation and modernization of the city’s 32-acre downtown commercial center, known as Sugar Land Town Square. Under the terms of the funding agreement, which was approved last June, Building B is receiving upgrades to its communal office and amenity spaces, as well as its landscaping and streetscaping. In addition, Building H is seeing renovations to its entryway, lobby and signage, along with updates to the garden area and new furniture, fixtures and equipment. Sugar Land Town Square, which opened in 2003, is also now home to energy contracting firm Primoris Services Corp., which signed a 25,352-square-foot lease this fall. In addition, 17,000 square feet of new restaurant, retail and entertainment concepts have recently been announced at the development.

November 10, 2026

Acquisitions Industrial Texas

MDH Partners Acquires 129,301 SF Industrial Building in Laredo, Texas

by Taylor Williams November 10, 2026

LAREDO, TEXAS — Atlanta-based investment firm MDH Partners has acquired a 129,301-square-foot industrial building in the South Texas city of Laredo. Built in 2000 within Milo Industrial Park, the single-tenant, rail-served facility at 302 Grand Central Blvd. features 44 dock-high doors and 47 trailer parking stalls and was fully leased at the time of sale to an affiliate of German logistics company DHL Supply Chain. Craig Tomlinson of Northmarq represented the undisclosed seller in the transaction. Makenna Barbara represented MDH Partners on an internal basis.

November 10, 2026

Industrial Leasing Activity Lee & Associates Texas

Lee & Associates Negotiates 32,375 SF Industrial Lease in Frisco

by Taylor Williams November 10, 2026

FRISCO, TEXAS — Lee & Associates has negotiated a 32,375-square-foot industrial lease in Frisco, located north of Dallas. The tenant is Austin-based energy storage company Base Power Inc. The building at 15691 FM 423 is one of three within Frisco Trade Center, a 581,256-square-foot development owned by Dallas-based Dalfen Industrial. Brett Lewis, Taylor Stell and George Tanghongs of Lee & Associates represented the landlord in the lease negotiations.

November 10, 2026

Leasing Activity Office Texas

Selerix Insurance Services Signs 28,400 SF Office Headquarters Lease in Plano

by Taylor Williams November 10, 2026

PLANO, TEXAS — Selerix Insurance Services has signed a 28,400-square-foot office headquarters lease in Plano. The space is located within One Legacy Circle and represents both an expanded footprint and consolidation into a single location for the company. Alan Wood of Site Selection Group represented Selerix in the lease negotiations. Jared Laake of Bradford Commercial Real Estate Services and Eduardo Gildenson of Gildenson Real Estate represented the landlord.

November 10, 2026

Affordable Housing Loans Multifamily New York Northeast

Merchants Capital Arranges $185M in Financing for Brooklyn Affordable Housing Community

by Taylor Williams November 10, 2026

NEW YORK CITY — Merchants Capital has arranged $185 million in financing for the acquisition and rehabilitation of Nostrand Houses, a 1,148-unit affordable housing community in Brooklyn’s Sheepshead Bay neighborhood. Nostrand Houses comprises 16 buildings that were constructed between 1949 and 1951 across two contiguous sites. The rehabilitation, which began in October, will be executed in six phases and is expected to last about 60 months. Capital improvements will cover individual apartments and building-wide systems, inclusive of new kitchens and bathrooms, electrified heating and cooling systems, new elevators, improved accessibility, lead and mold remediation and upgraded security systems. Merchants Bank provided the loan for Nostrand House, with $50 million of the total loan provided by the AFL-CIO Housing Investment Trust (HIT), which acted as co-lender on the deal. Joshua Canan and Mathew Wambua led the transaction for Merchants Capital.

November 10, 2026

Marlo-on-Mill-Pond-Portsmouth-New-Hampshire

Development Multifamily New Hampshire Northeast

Partnership Nears Completion of 151-Unit Multifamily Project in Portsmouth, New Hampshire

by Taylor Williams November 10, 2026

PORTSMOUTH, N.H. — A partnership between two regional developers, Cathartes and Tidemark, is nearing completion of Marlo on Mill Pond, a 151-unit multifamily project in Portsmouth, located near the Maine-New Hampshire border. The first 45 units of Marlo at Mill Pond, which are housed within the building at 75 Addorio Way, are now available for occupancy, and the remaining units within the buildings at 85 and 95 Addorio Way are scheduled to open in the winter and early spring, respectively. Marlo on Mill Pond offers studio, one-, two- and three-bedroom units that range in size from approximately 600 to 1,270 square feet. Amenities include a fitness center with a dedicated yoga room, a clubroom with a gaming lounge, conference rooms, outdoor grilling and dining stations and a community café. Rents start at roughly $2,450 per month for a studio apartment.

November 10, 2026

Loans New York Northeast Office

Houlihan-Parnes Secures $13.7M Loan for Refinancing of White Plains Office Building

by Taylor Williams November 10, 2026

WHITE PLAINS, N.Y. — Houlihan-Parnes Realtors has secured a $13.7 million loan for the refinancing of a 134,000-square-foot office building in White Plains, located north of New York City. The five-story building at 4 W. Red Oak Lane offers amenities such as a café and a fitness center and is home to tenants in industries such as real estate, financial and legal services, as well as insurance and telecommunications. James Houlihan and Andrew Greenspan of Houlihan-Parnes arranged the five-year, fixed-rate loan on behalf of the borrower, GHP Office Realty, which is an affiliate of Houlihan-Parnes.

November 10, 2026

Acquisitions Industrial New York Northeast

Ariel Property Advisors Negotiates $10.7M Sale of Bronx Industrial Building

by Taylor Williams November 10, 2026

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $10.7 million sale of a 90,000-square-foot vacant industrial building in The Bronx. The four-story facility at 425 Devoe Ave. features 60,000 square feet of above-grade space and 30,000 square feet of below-grade space and includes covered truck-level loading docks and four drive-in doors. Jason Gold, Sean Kelly and Daniel Mahfar of Ariel the seller, Abingdon Square Partners, in the transaction. The buyer was MADDD Equities.

November 10, 2026

Affordable Housing California Development Multifamily Western

USA Properties Fund Breaks Ground on $174M Affordable Housing Project in Fremont, California

by Amy Works November 10, 2026

FREMONT, CALIF. — USA Properties Fund has broken ground on Centerville Plaza, an affordable multifamily community in Fremont. Located at 37358 Fremont Blvd., Centerville Plaza will feature 290 one-, two- and three-bedroom apartments developed in two phases, with the first units available in spring 2028. The first phase will feature a single five-story building with 140 apartments dedicated to households earning 30 percent to 80 percent of the area median income (AMI) for Alameda County, while the second phase will include two buildings offering a total of 150 units that will have a 60 percent AMI rent and income limit. Apartments will include energy-efficient appliances and light fixtures, low-flow sinks, showers and toilets. Community amenities will include a clubhouse with kitchen, fitness center, barbecue areas and a resident resources area with social services provided by LifeSTEPS, as well as 257 parking spaces, including 27 EV chargers. Financing for the $174 million development includes a $12.8 million loan from the City of Fremont, along with tax-credit investor Bank of America and permanent lender Citi Community Capital for the first phase. The Bay Area Housing Innovation Fund provided a $17.1 million loan, and Housing Trust Silicon Valley provided a $10.3 million land acquisition …

November 10, 2026

Development Loans Multifamily Nevada Seniors Housing Western

Mesa West Capital Provides $94.2M Construction Loan for Seniors Housing Property Near Las Vegas

by Amy Works November 10, 2026

HENDERSON, NEV. — Mesa West Capital has provided a $94.2 million construction loan to a joint venture between affiliates of Bain Capital Real Estate and Investcor for a planned seniors housing community in Henderson. The three-year, nonrecourse, floating-rate loan is secured by MorningStar Green Valley, a to-be-built full-continuum senior living community located at 2155 Village Walk Drive. Slated for delivery in October 2028, MorningStar Green Valley will feature 234 independent living, assisted living and memory care residences. Denver-based MorningStar Senior Living will manage the community upon completion. The construction team includes Martin-Harris Construction, DRC Surveying Nevada and Architectural Nexus.

November 10, 2026

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