NEW YORK CITY — JLL has provided a $69.5 million Freddie Mac loan for the refinancing of 100 Jane, a 148-unit apartment building in Manhattan’s West Village. Constructed in 1996, the nine-story building comprises 117 market-rate units, 30 affordable housing units and one superintendent unit. The property was fully occupied at the time of the loan closing. According to Apartments.com, 100 Jane exclusively offers studio floor plans. Amenities include a fitness center, sundeck and onsite laundry facilities. Geoff Goldstein, Steven Klein and Michael Shmuely of JLL originated the 10-year, fixed-rate loan on behalf of the borrower, Rockrose Development.
NEW YORK CITY — A partnership between two locally based owner-operators, Olmstead Properties and Vertex, has purchased 19 West 44th Street, a 302,000-square-foot office building in Midtown Manhattan. The 18-story building was 79 percent leased at the time of sale and recently received capital improvements to building systems, common areas and prebuilt suites. Tenants include Yipit, HARMAN International, Robert Derector, Corporate Service Corp., EOS Products and Bitwise. Will Silverman of Eastdil Secured Savills represented the seller, Savanna, in the transaction. Derby Lane Capital provided acquisition financing for the deal.
NEW YORK CITY — Ameriprise Financial Inc. has signed a 37,704-square-foot office lease renewal in Lower Manhattan. The financial advisory firm will keep its space on the 78th floor of One World Trade Center, where it has been a tenant since 2016, for another decade. Josh Kurlioff, Drew Braver, Heather Thomas and Nicole Estevez of Cushman & Wakefield represented the tenant in the lease negotiations. David Falk, Peter Shimkin, Hal Stein, Nathan Kropp and Paige Raisides of Newmark, along with internal agents Eric Engelhardt, Karen Rose and Sayo Kamara, represented the landlord, The Durst Organization, which developed the property in partnership with the Port Authority of New York & New Jersey.
AUSTIN, TEXAS — A partnership between Dallas-based Lincoln Property Co. and San Antonio-based Kairoi Residential has completed Waterline, a 74-story mixed-use tower located at 98 Red River St. in downtown Austin. According to the development team, at 1,025 feet, Waterline is now the tallest building in Texas. The 2.7 million-square-foot building gets its name from the site’s location near the nexus of Waller Creek and Lady Bird Lake. Construction of Waterline began in fall 2022 and topped out last August. According to the development team, construction was completed two months ahead of schedule. Waterline features approximately 350 apartments on the top 33 floors called Bosque Residences at Waterline, in addition to some 700,000 square feet of office space, a 251-room hotel that will be operated under the 1 Hotels brand and 24,000 square feet of ground-floor retail and restaurant space. Residential amenities include two pools, a fitness center, lounge, kitchen and coworking space. Office tenants also have access to a fitness center, as well as a bar and lounge and indoor meeting spaces. Kohn Pedersen Fox (KPF) served as the architect for Waterline, and DPR Construction acted as the general contractor. Canadian pension fund PSP Investments was an equity partner …
Orlando’s office market is experiencing a notable resurgence, driven by strong sales volume across both owner-user transactions and institutional investment activity. This surge is helping push vacancies lower, tightening the leasing market and reinforcing investor confidence in the metro’s long-term fundamentals. Orlando is moving decisively past its post-pandemic softness and into a new phase of growth. Lease rates remained largely stable, with the market average sitting at $28.36 per square foot in the second quarter. Trophy space, meanwhile, commands average asking rents of $36.52 per square foot, a $4.20 premium over Class A product. However, several indicators suggest that stability may soon give way to upward movement. Recent owner-user sales activity, combined with high-profile leasing commitments such as TMRW Sports, the golf-technology venture backed by Tiger Woods and Rory McIlroy, signing for 40,000 square feet in downtown Orlando, points to tightening conditions and growing demand for premium space. Landlords with quality assets in well-located submarkets are increasingly positioned to push rents higher in the coming quarters. That growth is underpinned by strong population and employment gains, with particularly robust expansion in healthcare, technology and professional services. Health and education services posted a 4.5 percent increase in employment over the previous …
PRINCETON, TEXAS — A partnership between Core Spaces and Harrison Street Asset Management has refinanced a 408-unit multifamily property in Princeton, about 45 miles northeast of Dallas. The loan amount was not disclosed. Completed in late 2025, Oxenfree at Princeton offers a mix of rentable townhomes and detached single-family homes with private outdoor spaces and attached garages. Homes come in two-, three- and four-bedroom layouts, and amenities include a pool, fitness center, sports court and coworking space. Jonathan Firestone, Blake Thompson, Clint Frease, Travis Bailey and Josh Francis of Newmark arranged the loan through GID.
FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Trinity Heights, a 316-unit apartment complex in Fort Worth. Built on 13 acres in 1985 on the city’s southwest side, the 25-building property offers one- and two-bedroom units with an average size of 850 square feet and amenities such as multiple pools, a fitness center, playground and onsite laundry facilities. Al Silva and Ford Braly of Marcus & Millichap represented the undisclosed, locally based seller in the transaction and procured the buyer, NeuRock Capital.
SAN MARCOS, TEXAS — JLL has arranged a bridge loan of an undisclosed amount for the refinancing of Clovis Crossing, a 213,125-square-foot industrial complex in San Marcos, located roughly midway between Austin and San Antonio. The two-building, 13.8-acre property features 32-foot clear heights, 60 dock doors, four drive-in ramps and 233 car parking spaces. Michael Klein, Jon Mikula, Michael Johnson, Nazario Paragano and John Beeler of JLL arranged the loan through Argentic Investment Management. The borrower, New Jersey-based investment firm Denholtz Properties, purchased Clovis Crossing in 2024.
AUSTIN, TEXAS — Kent Cos. has signed a 39,894-square-foot industrial lease in northeast Austin. The Michigan-based provider of specialty concrete services will relocate and expand its regional operation to Tuscany X Crossing Business Park, a 329,627-square-foot industrial development located two miles north of I-35. Luke Clardy of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Blake Patterson of Aquila Commercial represented the landlord, Brookfield Properties.
SAGINAW, MICHIGAN — An affiliate of Phoenix Investors, a company specializing in revitalizing former manufacturing sites, has acquired a three-building, 1.8 million-square-foot industrial complex in Buena Vista Charter Township, which borders the city of Saginaw, from international auto supplier Nexteer Automotive. The sales price was not disclosed. The three buildings are known locally as Plants 5, 6/1 and 7. Nexteer will continue to occupy nearly 1.3 million square feet across Plants 6/1 and 7, and those facilities are expected to continue operating as normal during the transition period. Approximately 552,000 square feet in Plant 5 is currently available for lease. As of January 2026, the portfolio of Milwaukee, Wis.-based Phoenix Investors totaled 85 million square feet spanning 27 states.