Tuesday, June 30, 2026
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Rodeo-Gateway-Rodeo-CA
CaliforniaDevelopmentMultifamilySeniors HousingWestern

EAH Housing Reopens Rodeo Gateway Seniors Housing Community in Rodeo, California

by Amy Works

RODEO, CALIF. — EAH Housing has reopened Rodeo Gateway, a seniors housing property in Rodeo, after implementing interior and exterior upgrades to residences and common spaces. Rodeo Gateway features 49 one-bedroom apartments for seniors aged 62 and older and a two-bedroom manager’s unit. Community amenities include a landscaped courtyard, tree-lined walkways, comfortable seating areas and resident amenities, including a sunroom, computer lab and fully equipped community kitchen. The rehabilitation included upgraded residences with new energy-efficient appliances, high-efficiency LED lighting, new flooring and updated kitchen and bathroom cabinetry, sinks and fixtures; enhanced ADA-compliant amenities, including roll-in showers and improved mobility features; and a newly designed community room with new furnishings, flooring, paint and window coverings. Additional enhancements include improved air circulation in common hallways and new security features, such as an updated entry call system with key fob access and a new Wi-Fi system.

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Long-Branch-McKinney
DevelopmentMixed-UseTexas

Partnership to Develop $1.3B Mixed-Use Project in McKinney, Texas

by Taylor Williams

MCKINNEY, TEXAS — A partnership between regional developer Creation, Horizon Capital Holdings and Arizona-based investment firm Vaulter will develop Long Branch, a $1.3 billion mixed-use project that will be located about 30 miles north of Dallas in McKinney. The site, which spans 155 acres and is situated just north of the downtown area, will be developed in phases over the next decade. Plans currently call for 1,600 multifamily units; 135,000 square feet of retail space that will be anchored by a 65,000-square-foot grocery store; a 318,600-square-foot office campus with two six-story buildings; a 100-room hotel; and a five-story, 910-space structured parking garage. Dallas-based GFF is leading design of the project, and LGE Design Build, which is also based in Dallas, is leading construction. Infrastructural work on the site is expected to kick off later this year, with the first phase of vertical development to follow shortly thereafter.

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Self-Storage-Facilities-Clovis-NM
AcquisitionsIndustrialNew MexicoSelf-StorageWestern

Marcus & Millichap Negotiates Sale of 292-Unit Self-Storage Portfolio in Clovis, New Mexico

by Amy Works

CLOVIS, N.M. — Marcus & Millichap has arranged the sale of a two-property self-storage facility portfolio in Clovis. Terms of the transaction were not disclosed. The portfolio includes two facilities at 3400 W. 7th St. and 5126 N. Prince St. In total, the portfolio offers 262 non-climate-controlled units, 29 fully enclosed RV and boat units and one office. Situated on 3.2 acres, the portfolio totals 53,880 net rentable square feet. Nathan Coe, Gabriel Coe and Brett Hatcher of Marcus & Millichap represented the seller and procured the buyer in the deal.

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24011-24031-Marquerite-Pkwy-Mission-Viejo-WA
AcquisitionsCaliforniaRetailWestern

Hanley Investment, Walseth Investment Co. Broker $11.6M Sale of Shopping Center in Mission Viejo, California

by Amy Works

MISSION VIEJO, CALIF. — Hanley Investment Group Real Estate Advisors and Walseth Investment Co. have negotiated the $11.6 million sale of a shopping center located at 24011-24031 Marguerite Parkway in Mission Viejo. Kevin Freeman, Bill Asher and Ed Hanley of Hanley Investment Group represented the seller, a Colorado-based private investment company, while Michael Walseth of Walseth Investment Co. represented the buyer, an Orange County, Calif.-based regional grocery store operator, in the transaction. Built in 1973 on 3.4 acres, the shopping center offers 51,312 square feet of retail space. Current tenants include A Cut Above, Little Caesars and Leslie’s Pool Supplies. The vacant, 37,118-square-foot Orchard Supply Hardware store comprises more than 72 percent of the center’s total square footage. The asset underwent a facade remodel in 2016.

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2270-La-Mirada-Dr-Vista-CA
CaliforniaIndustrialLoansWestern

MMCC Secures $4.3M in Refinancing for Industrial Property in Vista, California

by Amy Works

VISTA, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $4.3 million for the refinancing of an industrial building located at 2270 La Mirada Drive in Vista. Kevin Elliott of MMCC secured the financing with a local credit union for the undisclosed borrower. Terms of the 10-year loan include a 6.3 percent interest rate with a 30-year amortization period and a 60 percent loan-to-value. Beacon Building Products, a distributor of roofing, waterproofing and related exterior products in the United States and Canada, occupies the 4,800-square-foot facility.

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Affordable HousingDevelopmentMultifamilyTexas

Partnership Completes 100-Unit Supportive Housing Project in Austin

by Taylor Williams

AUSTIN, TEXAS — A partnership between SGI Ventures and the Austin Affordable Housing Corp. has completed Cady Lofts, a 100-unit supportive housing project in Austin’s Hancock neighborhood. Cady Lofts offers fully furnished studio apartments for renters earning between 40 to 60 percent of the area median income and/or are overcoming homelessness, dealing with physical and developmental disabilities or recovering from addiction. Units feature modern appliances and eco-friendly utility systems, and residents have access to a communal computer lab, health and wellness center, case management offices and central laundry facilities. Three Bar Architecture designed the project, and Skybeck Construction served as the primary contractor. Cady Lofts was financed in part by $18.5 million in Low-Income Housing Tax Credits ($16.5 million in federal and $2 million in state) that were issued by the Texas Department of Community Affairs and syndicated by Hunt Capital Partners.

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DevelopmentMidwestMissouriOffice

MAP Property Holdings Plans Renovation of US Bank Tower in Downtown St. Louis

by Kristin Harlow

ST. LOUIS — MAP Property Holdings has unveiled plans for the renovation of key common areas as part of a reintroduction to the market of One US Bank Plaza, a 36-story, 658,000-square-foot office building in downtown St. Louis. Renovations will begin this spring, with Greiner Construction as general contractor and Trivers as architect. Plans call for updated finishes throughout the common areas on the first and second floor, an in-building lunchtime food operator, two outdoor patio options, varied third workspace options, an enhanced security focus and a refresh of outdoor plaza areas. MAP’s $8.7 million investment stimulated more than 210,000 square feet of lease renewals. Additionally, US Bank recently relocated 300 employees from another location to the downtown office tower. Minneapolis-based MAP acquired the building in 2021. Cushman & Wakefield provides leasing and property management services at US Bank Tower, with Danielle Grubbs and Jim Mosby leading leasing efforts.

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DevelopmentMultifamilyTexas

StreetLights Residential Begins Leasing 56-Unit Apartment Building in Dallas

by Taylor Williams

DALLAS — Locally based developer StreetLights Residential has begun leasing The Galatyn, a 56-unit apartment building in the Upper McKinney District of Dallas. The 20-story building houses two- and three-bedroom units with an average size of 2,700 square feet. Amenities include a pool, fitness center, concierge services, a coffee bar, catering kitchen, dog wash and a landscaped courtyard. StreetLights Creative Studio served as the architect for the project, and SLR Construction LLC was the general contractor. Both entities are affiliates of the developer. Construction began in fall 2023. Information on starting rents was not disclosed.

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Leasing ActivityMidwestRestaurantRetailWisconsin

Chipotle, First Watch to Open at Olympia Fields in Oconomowoc, Wisconsin

by Kristin Harlow

OCONOMOWOC, WIS. — Restaurants Chipotle and First Watch have signed leases to open at the Olympia Fields mixed-use development in Oconomowoc, about 35 miles west of Milwaukee. Chipotle’s space totals 2,350 square feet, while First Watch will occupy 3,850 square feet. Mike Fitzgerald and Andrew Prater of Mid-America Real Estate represented the landlord, Corta Oconomowoc LLC. Adam Dreier of Mid-America Real Estate represented Chipotle.

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LoansMichiganMidwestRetail

Bernard Financial Group Arranges $2.2M Loan for Refinancing of Retail Property in Monroe, Michigan

by Kristin Harlow

MONROE, MICH. — Bernard Financial Group (BFG) has arranged a $2.2 million loan for the refinancing of a 13,541-square-foot retail property in Monroe, about 23 miles north of Toledo, Ohio. Joshua Bernard of BFG arranged the loan through a life insurance company. An entity doing business as BSLM Frenchtown LLC was the borrower.

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