Property Type

Fisher Brothers Receives $117.5M Loan for Refinancing of Miami Multifamily Community

by Abby Cox March 20, 2026

MIAMI — New York City based-Fisher Brothers has received a $117.5 million bridge loan for the refinancing of Joule House at Calle Collective, a 308-unit multifamily community located in the Wynwood neighborhood of Miami. Bain Capital provided the floating-rate, interest-only loan. “The successful refinancing of Joule House is a strong reflection of both the property’s performance since opening last summer and the market’s confidence in well-executed, design-driven residential communities in Wynwood,” says Winston Fisher, partner at Fisher Brothers. Situated at 2200 N.W. 1st Ave., Joule House spans eight stories and features studio, one- and two-bedroom floorplans, with select two- and three-bedroom penthouses ranging in size from 985 to 1,400 square feet. Monthly rental rates begin at $2,512. Approximately 23,000 square feet of amenities are available for residents, including a swimming pool, cabana, spa, clubhouse, business center, fitness center, lounge, bicycle storage, a game room, conference rooms and electric vehicle charging stations. In December of last year, Fisher Brothers signed a new retail lease with SunLife Organics, a smoothie, juice and açai bowl bar that will open on the ground floor of Joule House in the third quarter. The Calle Collective, which is located within the Joule House development, serves as a retail, …

March 20, 2026

California Market Reports Multifamily Western Western Market Reports

Fundamentals Hold Steady as Growth Moderates in OC’s Multifamily Market

by John Nelson March 20, 2026

— By J.C. Casillas of NAI Capital — Orange County’s multifamily sector entered 2026 in a period of moderation. Following a recent peak in deliveries, fourth-quarter 2025 saw developers pull back sharply, allowing vacancy to stabilize at a tight 3.8 percent even as rent growth plateaued. The shift reflects strategic caution as elevated interest rates and pricing expectations continue to shape underwriting. Demand and Supply Navigating the ‘Supply Cliff’ Vacant units inched up 0.1 percent quarter over quarter to 11,926 but remained down 1.6 percent year over year, signaling gradual relief from earlier supply pressure. Developers delivered just 430 new units in the fourth quarter, a 26 percent drop from the third quarter. This brought year-to-date deliveries to 1,979 units, down 43 percent from 2024. With only 4,775 units still under construction — a 14 percent annual decline — the market is approaching a potential supply cliff that could tighten inventory by 2027. Vacancy held at 3.8 percent, suggesting steady renter demand. Average asking rents slipped $9 from the third quarter to $2,702 per unit. The good news is it still posted a 1.7 percent year-over-year gain. Since the 2024 development peak, higher borrowing costs and construction expenses have tempered the …

March 20, 2026

Acquisitions Florida Office Southeast

Cushman & Wakefield Brokers $81M Sale of South Florida Industrial Portfolio

by John Nelson March 19, 2026

LAUDERDALE LAKES AND LAUDERHILL, FLA. — Cushman & Wakefield has brokered the $81 million sale of an industrial portfolio in South Florida’s Broward County. The portfolio comprises multiple warehouses branded “Elevate Broward” with suites ranging in size from 1,000 to 10,000 square feet. Dominic Montazemi, Mike Davis, Greg Miller, Rick Brugge and Rick Colon of Cushman & Wakefield represented the seller, Harbert Management Corp., in the transaction. The buyer was NorthBridge Partners. The portfolio comprises eight buildings at 3435-3699 N.W. 19th St. in Lauderdale Lakes and three buildings at 3311 and 1842-1896 N.W. 38th Ave. in Lauderhill. The assets were built between 1979 and 1984 and were leased to more than 100 tenants at the time of sale. Prior to the sale, Harbert Management and operator Last Mile Holdings executed a $2.4 million capital improvement plan for the Elevate Broward portfolio. “We have long believed in the enduring strength and potential of the South Florida industrial market, driven by persistent demand for last-mile and small-bay space in this supply-constrained region,” says Oniel Samuel, managing partner at Last Mile Holdings. “Elevate Broward was a strong example of that opportunity, and we appreciated the opportunity to partner with Harbert in supporting the portfolio’s …

March 19, 2026

Acquisitions Georgia Industrial Office Southeast

Partners Capital Acquires 261,949 SF Powers Ferry Business Park in Atlanta

by John Nelson March 19, 2026

ATLANTA — Partners Capital, the investment arm of Houston-based Partners Real Estate, has acquired Powers Ferry Business Park, a five-building flex park in Atlanta’s Cumberland-Galleria submarket. Built in 1982, the 261,949-square-foot campus sits on 26 acres within two miles of Battery Atlanta and Truist Park, home of the Atlanta Braves. Partners Capital purchased Powers Ferry Business Park through Opportunity Fund VI, its newly launched investment vehicle. The seller and sales price were not disclosed, but the Atlanta Business Chronicle reports the property traded for $46.1 million in an off-market transaction. The park was 91 percent leased at the time of sale to 36 tenants. Partners Capital plans to make capital improvements to Powers Ferry Business Park over the course of its ownership.

March 19, 2026

Florida Loans Office Southeast

JLL Arranges $24.7M Refinancing for Office Building in Coral Gables, Florida

by John Nelson March 19, 2026

CORAL GABLES, FLA. — JLL has arranged a $24.7 million loan for the refinancing of 2000 Ponce, a 109,745-square-foot office building in Coral Gables, about five miles west of Miami. Jesse Wright, Matt McCormack, Joshua Odessky and Patrick Salata of JLL arranged the five-year loan through Crestline Investors on behalf of the borrower, Westside Capital Group, a private equity firm that purchased the property in 2022. 2000 Ponce features ground-level retail space leased to tenants including Bachour Marketplace, D’Cassa and Zativa Life Health and Wellness Spa. Office tenants include Westside Capital Group and Hejl Foundation. The property also includes a 105-space parking garage.

March 19, 2026

Development North Carolina Seniors Housing Southeast

Singh Development Delivers 95-Unit Luxury Seniors Housing Community in North Raleigh

by John Nelson March 19, 2026

RALEIGH, N.C. — Michigan-based Singh Development has completed Waltonwood Lead Mine, a 95-unit luxury seniors housing community located at 4510 Lead Mine Road in north Raleigh. Cline designed the property, which features assisted living and memory care residences. The community has the capacity for up to 100 residents and will be operated under Singh’s Waltonwood Senior Living brand. Amenities include a movie theater with a popcorn bar, restaurant-style dining room, bistro and a coffee nook. The project team also included Choate Construction, Lighthouse Engineering and structural engineer Hauser and Creech.

March 19, 2026

Acquisitions Industrial Oklahoma Texas

Sword Industrial Partners Buys 261,692 SF Park in Northeast Tulsa

by Taylor Williams March 19, 2026

TULSA, OKLA. — Sword Industrial Partners, an affiliate of Dallas-based MAG Capital Partners, has purchased Braniff Park West, a 261,692-square-foot property in northeast Tulsa. The sales price was $20 million. Braniff Park West consists of two buildings on a 21.7-acre site with suites that range in size from 11,000 to 82,000 square feet. The property was 89 percent leased at the time of sale to tenants such as HSM Transportation, Forward Air and Ramsey Industries. Troy Gudgel and Terry Payne of CBRE represented the seller, an undisclosed, locally based partnership, in the transaction.

March 19, 2026

Acquisitions Industrial Self-Storage Texas

Marcus & Millichap Brokers Sale of 192-Unit Self-Storage Facility in Wilmer, Texas

by Taylor Williams March 19, 2026

WILMER, TEXAS — Marcus & Millichap has brokered the sale of a 192-unit self-storage facility in Wilmer, a southern suburb of Dallas. Known as StorageHome, the facility was built in 1979 and expanded in 2007. The property spans 29,800 net rentable square feet of non-climate-controlled space across 26 single-story buildings. Thomas Dickinson, Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, an entity doing business as Wilmer Storage LLC, in the transaction. The trio also procured the buyer, Momentum Wealth Fund.

March 19, 2026

Development Office Texas

KERA Breaks Ground on 60,000 SF Headquarters Facility in Uptown Dallas

by Taylor Williams March 19, 2026

DALLAS — Nonprofit media organization KERA has broken ground on a 60,000-square-foot headquarters facility at 3000 Harry Hines Blvd. in Uptown Dallas. Architecture firm Corgan designed the new facility, which will include performance spaces and podcast studios, and Kaizen Development Partners will lead construction. KERA relocated to a temporary space at One Arts Plaza in downtown Dallas last February. Construction is slated for a late-2027 completion.

March 19, 2026

Industrial Leasing Activity Office Texas

Airspan Networks Signs 12,363 SF Lease Expansion at Flex Development in Plano, Texas

by Taylor Williams March 19, 2026

PLANO, TEXAS — Airspan Networks has signed a 12,363-square-foot lease expansion in Plano. The global provider of 5G access and transport solutions is consolidating its Florida and California operations to R&D at Legacy, a 374,275-square-foot flex development, where Airspan now occupies roughly 26,000 square feet. Josh Walpole of Walpole Realty Group represented the tenant in the lease negotiations. Chase Lopez, James Mantzuranis and Sam Bass of Stream Realty Partners represented the landlord, BH Properties.

March 19, 2026

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