Property Type

Sixth Street, Riller Capital Purchase Pier House Resort in Key West for $190M

by John Nelson August 13, 2026

KEY WEST, FLA. — Sixth Street, a global investment firm based in San Francisco, and partner Riller Capital have acquired Pier House Resort & Spa, a 142-room luxury oceanfront resort located at 1 Duval St. in Key West. Dallas-based Braemar Hotels & Resorts sold the property to the partnership for $190 million. Situated on five acres, Pier House offers two oceanfront restaurants, a full-service spa, oceanfront pool, 75 linear feet of private beach frontage and 3,000 square feet of meeting and event space. Starwood Property Trust provided acquisition financing for the deal. CBRE represented Sixth Street in the transaction, and The Plasencia Group represented Braemar.

August 13, 2026

Development Loans Multifamily New York Northeast

Walker & Dunlop Arranges $147.5M in Construction Financing for Port Chester Multifamily Project

by Taylor Williams August 13, 2026

PORT CHESTER, N.Y. — Walker & Dunlop has arranged $147.5 million in construction financing for 2 South Main, a 322-unit multifamily project in Port Chester, located along the New York-Connecticut border. Information on specific floor plans and amenities was not disclosed, but the 12-story building will include 330 parking spaces and 5,000 square feet of retail space. Mo Beler, Jonathan Paine, Cory Elbaum, Jackson Irwin and Dawson Jessee of Walker & Dunlop secured the equity component of the financing via an investment from Related Fund Management. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet and Stanley Cayre of Walker & Dunlop arranged construction debt for the project through Arbor Realty Trust. The sponsor is a joint venture between Hyperion Group, Winter Properties and AIP. LRC Construction is the general contractor for 2 South Main, an expected completion date of which was not announced.

August 13, 2026

Acquisitions Industrial Leasing Activity Southeast Virginia

DWG Capital Partners Acquires Manufacturing Facility in Dublin, Virginia Via Sale-Leaseback

by John Nelson August 13, 2026

DUBLIN, VA. — DWG Capital Partners has purchased an 83,683-square-foot manufacturing facility located at 320 Newbern Road in Dublin, a city in southwest Virginia’s I-81 Corridor. The publicly traded seller, Commercial Vehicle Group (CVG), sold the property to DWG Capital and leased back the facility on a 20-year absolute triple-net lease. The facility is situated on 4.7 acres and features 14- to 16-foot clear heights, six dock-high doors, one drive-in door and outdoor storage. Albert Hernandez and Rob Stockhausen of Colliers represented CVG in the sale-leaseback. According to Judd Dunning, founder and principal of DWG Capital, Skyline National Bank provided acquisition financing for the deal. The sales price and loan amount were not disclosed.

August 13, 2026

Florida Leasing Activity Restaurant Retail Southeast

NAI Miami | Fort Lauderdale Arranges Retail Lease Near Miami Marlins Stadium With Biscayne Bay Brewing

by John Nelson August 13, 2026

MIAMI — NAI Miami | Fort Lauderdale has arranged a 9,916-square-foot retail lease at 1588 N.W. 7th St., a retail space within a parking garage at LoanDepot Park, home ballpark of the Miami Marlins. The tenant is Biscayne Bay Brewing Co. LLC, one of the leading craft breweries in South Florida and the official craft beer of the Marlins and LoanDepot Park. Claire Holash and Jeremy Larkin of NAI Miami | Fort Lauderdale represented the sublandlord, the Department of Off-Street Parking of the City of Miami, also known as the Miami Parking Authority, in the transaction. The new Biscayne Bay Brewing location is replacing an existing brewery and is expected to open this fall.

August 13, 2026

Development Massachusetts Multifamily Northeast

Greystar Breaks Ground on 390-Unit Multifamily Project in Taunton, Massachusetts

by Taylor Williams August 13, 2026

TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The property will consist of 10 buildings that will house one-, two- and three-bedroom units. Amenities will include a clubhouse, pool, dog park, putting green, bocce ball court and a playground, as well as 1.5 acres of public green space. The first units are expected to be available for occupancy by next spring.

August 13, 2026

Leasing Activity New York Northeast Office

Shubert Organization Signs 14,480 SF Office Lease in Midtown Manhattan

by Taylor Williams August 13, 2026

NEW YORK CITY — The Shubert Organization has signed an 11-year, 14,480-square-foot office lease in Midtown Manhattan. The theater owner-operator is relocating to a new space on the 11th floor of 520 Eighth Avenue, a 26-story, 860,000-square-foot building that was constructed in 1926, where Shubert has been a tenant since 2010. Matthew Mandell of GFP Real Estate represented the landlord in the lease negotiations on an internal basis.

August 13, 2026

Leasing Activity Massachusetts Northeast Retail

Simon Welcomes Two New Tenants to Cape Cod Mall in Hyannis, Massachusetts

by Taylor Williams August 13, 2026

HYANNIS, MASS. — Simon Property Group has welcomed two new tenants to Cape Cod Mall in Hyannis. Aloha Mini Golf, which provides a glow-in-the-dark mini golf experience, and Exotic Snack Guys, which offers a curated mix of international snacks, trending treats, and viral favorites from around the world, are now both open. The stores are located across from Dick’s Sporting Goods and American Eagle, respectively.

August 13, 2026

Loans Multifamily Washington Western

JLL Provides $42M Agency Loan for Refinancing of Multifamily Property in Vancouver, Washington

by Amy Works August 13, 2026

VANCOUVER, WASH. — JLL has provided a $42 million Fannie Mae loan for the refinancing of Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-, two- and three-bedroom floor plans along with a pool with poolside grills, playground, dog parks, automated Amazon package locker and a 24-hour fitness center. Charles Halladay, Rick Salinas and Elijah Lax led JLL’s team on the transaction.

August 13, 2026

Acquisitions Arizona Multifamily Western

IPA Brokers Sale of 275-Unit Multifamily Property in Peoria, Arizona

by Amy Works August 13, 2026

PEORIA, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Parc Roundtree Ranch, a 275-unit multifamily property located between Loop 101 and U.S. Route 60/Grand Avenue in Peoria. Terms of the transaction were not released. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer, both of which requested anonymity, in the deal. Completed in 2021, Parc Roundtree Ranch features apartments with nine-foot ceilings, private patios or balconies with exterior storage, walk-in closets and full-size washers and dryers. Situated on 10 acres, the community includes a resort-style pool, spa, fitness center, pet spa and outdoor grilling areas.

August 13, 2026

California Development Multifamily Seniors Housing Western

PMB, Pillar Properties to Develop 224-Unit Seniors Housing Community at San Diego State University

by Amy Works August 13, 2026

SAN DIEGO — PMB and Pillar Properties will develop a 224-unit senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across seven stories and will feature independent and assisted living units, as well as 26 memory care residences. Amenities at the property will include a restaurant and bistro, community room, fitness center, rooftop deck, pool and outdoor courtyard. Urbal Architecture is serving as the architect. Construction is scheduled to begin at the end of 2027, with completion expected in 2030. Merrill Gardens will manage the community. The project is subject to approval by the California State University governing Board of Trustees. Once open, the university plans to partner with Merrill Gardens to provide students with internships, employment and community engagement opportunities. Residents will have access to campus programming and learning opportunities, and the community will collaborate with SDSU’s Center for Excellence in Aging and Longevity.

August 13, 2026

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