Property Type

Read King, Wayfinder Underway on 368-Unit Multifamily Project in Richmond, Texas

by Taylor Williams January 8, 2026

RICHMOND, TEXAS — A joint venture between local developer Read King and Austin-based Wayfinder Real Estate is underway on construction of a 368-unit multifamily project in Richmond, a southwestern suburb of Houston. Known as Verbena at Waterview, the project encompasses 14 acres within the Waterview Town Center mixed-use development. Units will come in studio, one-, two- and three-bedroom floor plans and will range in size from 641 to 1,349 square feet. Amenities will include a pool, fitness center, pickleball court, two dog parks, putting green, game room and a library with coworking space. Meeks + Partners is the project architect, and OHT Partners is the general contractor. Vertical construction has commenced, and full completion is slated for summer 2027.

January 8, 2026

Acquisitions Retail Texas

Hanley Investment Group Arranges Sale of 92,000 SF Shopping Center in San Angelo, Texas

by Taylor Williams January 8, 2026

SAN ANGELO, TEXAS — Hanley Investment Group Real Estate Advisors has arranged the sale of Sunset Plaza, a 92,000-square-foot shopping center located in the West Texas city of San Angelo. Built in 2005 on 8.4 acres, the center is home to tenants such as Ross Dress for Less, HomeGoods, Petco, Five Below, Bath & Body Works, Buckle and GameStop. Target, which was not part of the sale, has also been a long-term tenant at the property. Garrett Wood, Kevin Fryman and Lee Csenar of Hanley, in association with ParaSell Inc., represented the seller, a California-based private investor, in the transaction. The buyer, a Mexico City-based private investor, represented itself.

January 8, 2026

Acquisitions Development Industrial Texas

Koontz Corp. Sells 25.6-Acre Industrial Development Site in South San Antonio

by Taylor Williams January 8, 2026

SAN ANTONIO — Locally based developer Koontz Corp. has sold a 25.6-acre industrial development site that is located within the 188-acre Frontera mega-site on the south side of San Antonio. The buyer, an affiliate of Builders FirstSource, plans to develop a manufacturing facility on the parcel to support construction activity throughout the region. Partners Real Estate represented Koontz Corp. in the transaction. Llano Realty Partners represented Builders FirstSource.

January 8, 2026

Leasing Activity Office Texas

CK Family Services Signs 9,337 SF Office Lease in West Fort Worth

by Taylor Williams January 8, 2026

FORT WORTH, TEXAS — CK Family Services has signed a 9,337-square-foot office lease in West Fort Worth. The space is located within the 37,445-square-foot building at 201 N. Rupert St., a former industrial building that is now fully leased. Sarah LanCarte and Finn Wilson of LanCarte Commercial Real Estate represented the landlord, H/FW Capital Partners, in the lease negotiations. Link Karlen of KW Commercial represented the tenant.

January 8, 2026

Development Florida Hospitality Loans Mixed-Use Multifamily Office Southeast

Bayview PACE Provides $200M C-PACE Financing for Mixed-Use Tower in Downtown Miami

by John Nelson January 8, 2026

MIAMI — Bayview PACE, a division of Bayview Commercial Mortgage Finance, has provided $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use tower underway at 555. N. Miami Ave. in downtown Miami. The borrower, Okan Group, and its construction affiliate Okan Construction recently reached the 40th floor of the tower’s build-out. The tower will rise 903 feet upon completion in 2028, making it the second tallest building in Florida. The C-PACE financing completes the capital stack for the new skyscraper, according to Bayview PACE. Other capital sources were not released. Designed by Behar Font & Partners, Okan Tower will feature four levels of offices totaling 56,000 square feet; an onsite parking garage totaling 429 spaces; a five-star, Hilton-branded hotel totaling 316 rooms; 236 condo-hotel units managed by Hilton; and Sky Residences, 163 for-sale condominiums that will occupy the tower’s uppermost floors.

January 8, 2026

Acquisitions Industrial Kentucky Southeast

Olympus Ventures Acquires 1.5 MSF Industrial Portfolio in Shepherdsville, Kentucky

by John Nelson January 8, 2026

SHEPHERDSVILLE, KY. — Olympus Ventures has acquired a two-property industrial portfolio in Shepherdsville spanning nearly 1.5 million square feet. John Huguenard, Sean Devaney and Will McCormack of JLL represented the seller, EQT Exeter, in the transaction. The sales price was not disclosed. Situated adjacent to an I-65 interchange about 16 miles south of Louisville Muhammad Ali International Airport, the portfolio comprises Derby Logistics Building 1 (524,604 square feet) and Derby Logistics Building 2 (974,049 square feet). Both buildings were delivered in 2022 on a speculative basis.

January 8, 2026

Acquisitions Alabama Multifamily Southeast

Marcus & Millichap Brokers $5.6M Sale of Apartment Community in Birmingham

by John Nelson January 8, 2026

BIRMINGHAM, ALA. — Marcus & Millichap has brokered the $5.6 million sale of Pineview Pointe Apartments, a 141-unit community located in Birmingham’s Center Point neighborhood. Josh Jacobs and Lloyd Escue of Marcus & Millichap’s Birmingham office represented the seller, an entity doing business as Pineview Pointe LLC, in the off-market transaction. The buyer was not disclosed. Built in the 1970s, Pineview Pointe features a mix of one- and two-bedroom, garden-style apartments.

January 8, 2026

Acquisitions Louisiana Retail Southeast

Dowd Cos. Negotiates $4.1M Sale of Retail Center in Abbeville, Louisiana

by John Nelson January 8, 2026

ABBEVILLE, LA. — The Dowd Cos. has negotiated the sale of Lauren Parc, a 34,125-square-foot retail center located in the Baton Rouge submarket of Abbeville. The buyer, an out-of-state investment firm, purchased the property for $4.1 million. The seller was also not disclosed. John Dowd and Theresa Johnson represented both parties in the transaction. Built in 2014, Lauren Parc was 95 percent leased at the time of sale to tenants including Dollar Tree, AT&T, Anytime Fitness and Hibbett Sports. The property is shadow-anchored by a Walmart Supercenter.

January 8, 2026

Loans Multifamily New York Northeast

JLL Arranges $62M Loan for Refinancing of New Jersey, New York Multifamily Portfolio

by Taylor Williams January 8, 2026

MORRISTOWN, N.J. — JLL has arranged a $62 million loan for the refinancing of a portfolio of five multifamily properties totaling 541 units in New Jersey and New York. The New Jersey properties include Spring Gardens Apartments in Summit; Omni Apartments in Bergenfield; Arcadia Court Apartments in Hackensack; and Park Engle Apartments in Englewood. The fifth, unnamed property is located in Montgomery, N.Y. Thomas Didio, Thomas Didio Jr., Gerard Quinn, Michael Mataras and Christian Badalamenti of JLL arranged the loan on behalf of the borrower, Tower Management Service.

January 8, 2026

Connecticut Development Hospitality Loans Multifamily Northeast

Knighthead Funding Provides $48M Loan for Acquisition, Conversion of Stamford Hotel

by Taylor Williams January 8, 2026

STAMFORD, CONN. — Knighthead Funding has provided a $48 million loan for the acquisition and partial conversion of the 508-room Marriott Stamford hotel in southern coastal Connecticut. The sponsor, Clearview Hotel Capital, will use a portion of the proceeds to convert one of the hotel’s two towers, which were built in 1975 and 1985, into a residential complex with studio, one- and two-bedroom units. The other tower will be renovated and relaunched as a modernized hotel. Tyler Dumon, Christopher Kramer, Daniel Fromm, Ricky Braha, Jordan Roeschlaub and Nick Scribani of Newmark arranged the debt.

January 8, 2026

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