Property Type

MMCC Arranges $25.8M in Financing for Omaha Multifamily Property

by Kristin Harlow July 10, 2026

OMAHA, NEB. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25.8 million in financing for the Preserve at Evans Place, a 418-unit multifamily property located at 10505 Evans Plaza in Omaha. Robert Bhat of MMCC arranged the two-year, nonrecourse financing on behalf of a private client. The loan, provided by a regional bank, features a 5.8 percent interest rate and an 80 percent loan-to-value ratio. The property was recently renovated and offers a mix of one- and two-bedroom units. Amenities include a clubhouse, fitness center, barbecue area, swimming pool and pet park.

July 10, 2026

Development Kansas Midwest Retail

Movement Musick Unveils Plans for Downtown Grocery Store, Expanded Community Space in Wichita

by Kristin Harlow July 10, 2026

WICHITA, KAN. — Movement Musick has unveiled additional plans regarding its downtown Wichita development, including a new grocery store, expanded community gathering space and the project team. The planned 30,000-square-foot urban market concept is being developed in partnership with the Queen family, one of the founding owners of the Price Chopper brand. In addition to leading the capital investment for construction, Movement Musick has structured the partnership to support the store’s operations through its initial growth period. Movement Musick is evaluating a few locations for the store within a two-block radius of the adaptive reuse of the historic Shirkmere building and the new 3,000-seat music venue. The organization also announced the expansion of the planned community open space within the redevelopment project. The space is approximately 1 acre and is located both east and west of Emporia Avenue. In May, the nonprofit acquired the 75,903-square-foot Scottish Rite building, which was constructed between 1887 and 1888. Movement Musick is currently evaluating adaptive reuse strategies that allow for modern use while honoring the building’s historic character. Formal plans will be announced at a future date. The assembled project team includes Esen Development, TESSERE, Crossland Construction Co., Rockwell Group, Sasaki, HASTINGS Architecture, Fisher …

July 10, 2026

Acquisitions Illinois Midwest Multifamily

Kiser Group Brokers $3.9M Sale of Apartment, Retail Building in Chicago’s Wicker Park

by Kristin Harlow July 10, 2026

CHICAGO — Kiser Group has brokered the $3.9 million sale of an 11-unit property located at 1756 W. North Ave. in Chicago’s Wicker Park neighborhood. The property consists of three commercial spaces and eight apartments. Gut-renovated in 2020, the building features updated plumbing, electrical, roofing, windows and interiors. The asset was fully occupied at the time of sale. Jake Parker, Andy Friedman and Viktor Radzieta of Kiser brokered the transaction. The property sold to an all-cash buyer.

July 10, 2026

Market Reports Nevada Restaurant Retail Western Western Market Reports

From Office to Experience: Retail Repositioning Gains Ground in Las Vegas

by John Nelson July 10, 2026

Adaptive reuse has always been an astute trend when it comes to utilizing location, existing bones, and saving a little time and money on delivery. It’s also particularly useful in submarkets like the southeast Las Vegas submarket of Henderson where strong population growth and rising household incomes outpace the availability of new retail. This long-standing unmet demand for Class A retail has inspired one developer to reshape how it views underperforming office assets. Steve Neiger, managing principal at CAST Capital Partners, is co-developing the Cliff, a 100,000-square-foot office-to-retail conversion in Henderson’s Green Valley Ranch submarket. The project involves the repositioning of a vacant, low-density suburban office property that had struggled to remain competitive as newer product and shifting workplace trends weighed on demand. Rather than pursue a traditional office lease-up or a residential conversion, the development team, which includes Partners Capital, is transforming the site into an open-air retail and dining destination designed to better align with the area’s demographics, accessibility and surrounding residential density. The repositioning reflects a broader trend in how developers are evaluating aging office assets in high-growth suburban markets, particularly where strong consumer demand is not being met by existing retail supply. Situated along Paseo Verde …

July 10, 2026

Development Multifamily New Jersey Northeast Top Stories

Rockpoint, Urby to Develop 69-Story Apartment Tower Along Hudson River in Jersey City

by Abby Cox July 10, 2026

JERSEY CITY, N.J. — Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer, have formed a joint venture to develop a multifamily residential tower located along the Hudson River in Jersey City. The 69-story building, which will be known as 201 Hudson – by Urby, is expected to be delivered around mid-2029, according to various media outlets. 201 Hudson is the second phase of a larger three-tower multifamily development. The project follows Jersey City Urby, a 762-unit apartment tower delivered in 2017. The property was rebranded as Sable in 2025 after Veris Residential acquired full ownership of the building. Earlier this year, ownership transferred again to Affinius Capital following its acquisition of Veris. Urby will co-manage construction and development of 201 Hudson and will also oversee property management and leasing alongside Rockhill, Rockpoint’s property services affiliate. The project team will include New York-based architects HLW; Concrete Amsterdam; interior designer Shawn Hausman; and landscape architect Bas Smets, whose practice is responsible for the reimagined grounds of Notre-Dame Cathedral in Paris and the Mandrake Hotel in London. “The Jersey City Waterfront continues to distinguish itself as one of the most compelling multifamily submarkets in the New York …

July 10, 2026

Acquisitions Multifamily Texas

Marcus & Millichap Brokers Sale of 249-Unit Apartment Complex in North Dallas

by Taylor Williams July 9, 2026

DALLAS — Marcus & Millichap has brokered the sale of Infinity on the Point, a 249-unit apartment complex in North Dallas. According to Apartments.com, the property offers one- and two-bedroom units. Amenities at the three-story, garden-style property include a pool, sundeck, grilling stations, dog park, fitness center, package lockers and covered parking. Wes Racht, Nick Fluellen and Bard Hoover of Marcus & Millichap, along with Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and William Hubbard of Marcus & Millichap’s Institutional Property Advisors (IPA) division, represented the seller, a California-based investment company, in the transaction. The team also procured the buyer, Reap Capital, which plans to rebrand the property as The Creekside at Vantage.

July 9, 2026

Acquisitions Office Texas

Newmark Arranges Sale of 120,923 SF Office Building in North Dallas

by Taylor Williams July 9, 2026

DALLAS — Newmark has arranged the sale of 8020 Park Lane, a 120,923-square-foot office building located within The Shops at Park Lane mixed-use district in North Dallas. Built in 2015, the five-story building was fully leased at the time of sale to Energy Transfer LP. Chris Murphy, Gary Carr, Robert Hill and Austin Sheahan of Newmark represented the seller, Northwood Investors, in the transaction. Andrew Porteous, Clint Frease, Chris McColpin and Josh Francis, also with Newmark, arranged acquisition financing on behalf of the buyer, DFW Land.

July 9, 2026

Industrial Leasing Activity Texas

Holt Lunsford Negotiates 20,258 SF Industrial Lease Renewal in Northeast Dallas

by Taylor Williams July 9, 2026

DALLAS — Local brokerage firm Holt Lunsford Commercial has negotiated a 20,258-square-foot industrial lease renewal in northeast Dallas. The tenant is Nevitt Fragrances Inc., and the space is located within the building at 10480 Markison Road, which according to LoopNet Inc. was built in 1987 and totals 49,107 square feet. Josh Barnes, Blake Troiani and Danny Phillips of Holt Lunsford represented the landlord, ATCAP Partners, in the lease negotiations. Adam Jones of Stream Realty Partners represented the tenant.

July 9, 2026

Industrial Leasing Activity Texas

ATLIX Signs 17,180 SF Industrial Lease in Southlake, Texas

by Taylor Williams July 9, 2026

SOUTHLAKE, TEXAS — ATLIX, a supplier of industrial metal 3D printers, has signed a 17,180-square-foot industrial lease in Southlake, located northeast of Fort Worth. The space is located within the building at 1825 Mustang Court and includes 4,300 square feet of office space. Shane Benner of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Keaton Brice, Andrew Gilbert and Maddy Coffman of Holt Lunsford Commercial represented the landlord, Brookfield Properties.

July 9, 2026

Loans New York Northeast Office

JLL Arranges $352M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams July 9, 2026

NEW YORK CITY — JLL has arranged a $352 million loan for the refinancing of 425 Lexington Avenue, a 750,000-square-foot office building in Midtown Manhattan. The 31-story building occupies a full city block between 43rd and 44th streets and was 99 percent leased at the time of the loan closing. Law firm Simpson Thacher & Bartlett is the long-time anchor tenant at the building, which also recently received $35 million in capital improvements, including a new amenity center. Christopher Peck, Drew Isaacson, Christopher Pratt and Jennifer Zelko of JLL arranged the floating-rate loan, which was pre-placed entirely with funds and accounts managed by BlackRock, through Goldman Sachs. The borrower is Vanbarton Group.

July 9, 2026

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