Walker & Dunlop Arranges $630.6 Million Fannie Mae Refinance for IMT Capital Multifamily Portfolio
•Walker & Dunlop
Texas Triangle CRE News
Commercial Real Estate News
The Meritex Company Acquires 121 Technology Park, a 371,000-Square-Foot Class A Industrial Asset in Allen, Texas
•the Meritex Company
JLL Arranges $86.05M Agency Financing for Griffis Residential's 400-Unit Denver Multifamily Community
•JLL
JLL Arranges $60.65M Sale and $42.91M Financing of Walnut Tech Business Center for AEW and CIP Real Estate II LLC
•JLL
Rhino Investments Group Secures $72.3M Financing for Randhurst Village Acquisition, with 3650 Capital and Aquarian Real Estate Partners
•Aquarian Holdings
Peachtree Group Finances Briad Group's First Multi-Brand Circle K Travel Center in Binghamton, N.Y.
•Peachtree Group
Mohr Capital Sells 1.06 Million-SF Mohr Logistics Park Building 6 in Whiteland, Indiana
•Colliers
LeasingOffice
Perkins&Will, Chicago Fire Football Club Among Tenants in 100,000+ SF of Leasing Activity at Chicago's Wrigley Building
Mansueto Office Inc. has secured more than 100,000 square feet of new and renewed leases at The Wrigley Building in Chicago, with global design firm Perkins&Will and Chicago Fire Football Club among the tenants making long-term commitments to the landmark Michigan Avenue property. Stream Realty Partners is handling leasing for the owner, while Colliers represented Perkins&Will in its transaction.
•Stream Realty Partners
People
CBRE Appoints Frank McCafferty as Office Occupier Leasing Leader for U.S. and Canada
CBRE announced the appointment of Frank McCafferty as Office Occupier Leasing Leader for the U.S. and Canada, effective immediately. McCafferty, who joined the firm in 2021, will lead the Office Occupier business as leasing activity and vacancy trends improve in both countries.
•Office
Property TransactionsHospitality
Crescent Real Estate Sells 330-Room Hotel at Avalon in Alpharetta for Reported $220 Million
Crescent Real Estate has completed the sale of the Hotel at Avalon, a 330-room luxury hotel located within the Avalon mixed-use development in Alpharetta, Georgia. A joint venture between Endeavor Real Estate Group and Cox acquired the property for a reported $220 million, or approximately $667,000 per room.
•Crescent Real Estate
DevelopmentHospitalityMixed Use
Lincoln and Kairoi Residential Open 252-Room 1 Hotel Austin Inside Texas' Tallest Tower
Lincoln and Kairoi Residential have opened 1 Hotel Austin, a 252-room luxury property occupying 13 floors of the 74-story Waterline tower at 98 Red River St. in downtown Austin. The hotel marks the first Texas location for the 1 Hotels brand and anchors a mixed-use development that also includes 352 apartments and approximately 700,000 square feet of office space.
•Kairoi Residential
More News
PeopleLandMixed Use
Howard Hughes Names Kate Kaminski President of Arizona Region to Lead Teravalis
Howard Hughes Communities has promoted Kate Kaminski to President of the Arizona Region, succeeding Charley Freericks in a planned transition. Kaminski will oversee Teravalis, the company's 37,000-acre master planned community in Buckeye, Arizona.
•Howard Hughes
Fundraising
Stonelake Capital Partners Closes $1 Billion Fund, Targeting Industrial Logistics Across 13 High-Growth Markets
Stonelake Capital Partners closed its eighth opportunistic real estate fund at $1 billion in equity commitments on Sept. 30, 2026, surpassing its $900 million target. The Texas-based firm plans to deploy the capital across 13 high-growth markets with a primary focus on industrial logistics properties.
•Stonelake Capital Partners
FinancingOffice
JLL Arranges $406M CMBS Financing for Trammell Crow Center in Dallas Arts District
JLL's Capital Markets group arranged $406 million in five-year, fixed-rate CMBS financing for Regent Properties' Trammell Crow Center, a 1,226,825-square-foot trophy office tower in Dallas' Arts District. Wells Fargo and Morgan Stanley provided the single-asset single-borrower loan for the 92%-leased, 50-story tower at 2001 Ross Avenue.
•JLL
DevelopmentData Center
Aligned Data Centers Breaks Ground on 2 GW 'Project Phoenix' Campus in Shippingport, Pennsylvania
Aligned Data Centers has broken ground on Project Phoenix, a 2-gigawatt, three-facility data center campus in Shippingport, Pennsylvania that is expected to anchor approximately $10 billion in regional economic investment. The development, situated on a legacy industrial energy site, is projected to support 3,000 construction jobs and more than 640 permanent operating positions.
•Aligned Data Centers
Property TransactionsOffice
KBS Sells 515 Congress, 267,956-SF Class A Office Tower in Downtown Austin, to AQUILA, Palmatum Ventures and Glendon Capital Management
KBS has sold 515 Congress, a 267,956-square-foot Class A office tower in downtown Austin, to a joint venture of AQUILA, Palmatum Ventures and Glendon Capital Management. JLL Capital Markets represented KBS in the transaction.
•KBS Realty Advisors
Property TransactionsMultifamilyWorkforce
Kidder Mathews Arranges $21.8M Sale of 113-Unit Multifamily Portfolio in Riverside, California
Kidder Mathews has arranged the $21.8 million sale of two adjacent workforce housing properties totaling 113 units in Riverside, California. Senior Vice President Jon Mitchell represented the seller in the transaction, which closed in approximately 60 days following a competitive marketing process that generated multiple offers.
•Kidder Mathews
DevelopmentMultifamily
Embrey Partners Acquires Land for 360-Unit Multifamily Development in Spring Hill, Nashville; PCCP Provides Financing
Embrey Partners has acquired land for Hollis at Legacy Pointe, a 360-unit Class A garden-style apartment community in Spring Hill, Tennessee, with PCCP providing development financing. Construction is expected to begin in the fourth quarter of 2026, with first move-ins targeted for the second quarter of 2028.
•Embrey Partners