AI software firm Hex Technologies significantly expanded its office space in downtown San Francisco by leasing 20,000 square feet at 100 Montgomery Street, reflecting confidence in the city's improving safety and regulatory environment. This move follows Hex's recent lease in Manhattan and is part of a broader trend of AI companies driving office leasing growth in San Francisco, with firms like OpenAI and Anthropic also increasing their presence. The city has seen a substantial rise in office demand, fueled by the AI sector, which is expected to bring over 50,000 new workers to the Bay Area by 2030.

A federal judge dismissed a Denver homebuilder's lawsuit challenging the city's affordable housing ordinance, which requires developers of residential projects with at least 10 units to include income-restricted units or pay a fee. The judge ruled that the policy does not constitute an unconstitutional taking of property. The ordinance aims to fund affordable housing through fees paid by developers who opt out of building affordable units. The builder may revise and refile the lawsuit.

Chicago-based multifamily investment firm Waterton has acquired the 197-unit Flair Tower in the River North neighborhood of Chicago for $85 million, marking its second major local acquisition in seven months. The 26-story apartment building, completed in 2010 and nearly fully leased, features amenities such as a fitness center and outdoor pool deck. Despite challenges like rising borrowing costs and property tax concerns, the Chicago multifamily market remains active with significant sales volume and limited new supply. Waterton continues to be a key player in Chicago's multifamily sector with substantial local holdings.

The Los Angeles County Board of Supervisors rejected an appeal against an 88-unit condominium project called The View at Overhill in Windsor Hills, allowing it to proceed with environmental review. The project, developed by The Bedford Group, aims to provide upscale workforce housing with some units for moderate-income buyers. Residents have raised concerns about infrastructure strain, safety risks, and environmental issues, but county planners believe these have been addressed. The project requires a new geotechnical review before moving forward, and the timeline for further court proceedings is unclear.

Landry's, a hospitality group owned by Tilman Fertitta, has made a $7 billion bid to acquire Caesars Entertainment, offering around $34 per share, surpassing a competing $33 per share bid from Icahn Enterprises. Caesars, which owns 50 U.S. gaming facilities and online betting operations, saw significant revenue growth from its digital segment in 2025. Despite financial strength, Caesars lost a joint venture bid for a New York State casino license to competitors.

New York City officials have rejected a proposal to temporarily suspend short-term rental regulations during the World Cup, citing concerns about housing stability and rising costs for renters. Despite pressure from Airbnb and some business groups, the city maintains strict rules following a 2023 law that drastically reduced Airbnb listings. Meanwhile, other markets like Los Angeles are seeing increased short-term rental demand and prices due to the World Cup, with nearby New Jersey hosting several matches.

Evolve Companies secured $41 million in nonrecourse refinancing for Evolve New Hope Farm, a 280-unit garden-style apartment community in Wellford, South Carolina. The property, which opened in 2024, features one- to three-bedroom units and amenities such as a resort-style pool, clubhouse, pickleball court, fitness center, dog park, and walking trails. The financing was arranged by Northmarq and provided by BlackRock, offering interest savings and capital return to investors.

Los Angeles City Council is reviewing Measure ULA, a transfer tax on property sales above $5.3 million, which has been criticized for slowing housing production, particularly apartment construction. The council formed an ad hoc committee to recommend changes that preserve the measure's intent while addressing its impact on housing supply. Proposals include exempting newly built multifamily, commercial, and mixed-use projects from the tax for up to 15 years. The tax has raised over $1 billion for housing and homelessness programs but faces opposition from some council members concerned about its effects on development.

A 560,000-square-foot office building at 111 West Jackson Boulevard in Chicago's Loop was acquired by FTK Capital after purchasing the debt and completing a deed transfer from the Melohn Group. The building, which has 48% occupancy, will undergo significant capital improvements, including amenity upgrades and tenant leasing, managed by Stream Realty. The 25-story Class B office property, built in 1961 and renovated in 2013, features retail space and amenities like a fitness center and conferencing center. The new owners aim to reposition the asset competitively in the market with a focus on enhancing tenant experience and building value.

The Miami Design District is undergoing its largest expansion, featuring a new 12-story, 85-room luxury hotel operated by Paris-based Fouquet’s, alongside a 25-story, 143-unit condo tower. The project includes commercial space and a parking garage, with ownership involving several private equity and development firms. This expansion enhances the district's status as a premier luxury shopping and residential area in Miami.

Insurance premiums for multifamily buildings in New York City, especially affordable and rent-stabilized apartments, have risen sharply due to a disproportionate number of personal injury lawsuits targeting these properties. Although affordable housing makes up only 20% of multifamily buildings, it accounts for 56% of lawsuits, leading to over $1 billion in annual insurance payouts and increased premiums. Fraudulent claims and low barriers to filing lawsuits contribute to these rising costs, which have more than doubled since 2017, further challenging affordable housing operators amid other financial pressures like rent nonpayment.

Shohei Ohtani and his agent settled a lawsuit involving a $240 million luxury residential project called The Vista at Mauna Kea Resort on Hawaii's Big Island. The suit alleged that Ohtani and his agent used his celebrity status to force out capital partners and demanded new concessions after endorsing the 14-unit project. The case was dismissed with prejudice, and the settlement resolved all claims. The development's current status is unclear, with promotional materials removing references to The Vista.

Texas luxury residential sales reached a record high in 2025 with 14,400 homes sold above $1 million, driven by strong markets in Dallas, Austin, and Houston. Dallas benefits from growth in the finance sector, Austin is seeing renewed out-of-state buyer interest despite a slowdown after the tech boom, and Houston's luxury market is influenced by the energy sector and expanding luxury condo developments. While Houston has a large housing inventory, luxury neighborhoods like River Oaks and Memorial Park saw rising prices, and ultra-luxury sales remain strong across these major Texas metros.

A New York state Supreme Court judge has given developer Charles Cohen 45 days to sell properties to settle his $187 million debt with Fortress Investment Group, appointing Fortress's real estate head as receiver to manage the portfolio if Cohen fails. Cohen's portfolio includes significant office buildings in New York City and a property in White Plains, with ongoing disputes over asset transfers. The court action aims to resolve the outstanding debt through property sales.

Savills announced a $1.1 billion deal to acquire Eastdil Secured, a leading U.S.-based real estate investment bank, pending regulatory approval. The acquisition aims to strengthen Savills' capital markets presence in the U.S., particularly in New York City, and diversify its global real estate advisory services. Eastdil's leadership will transition with Roy March becoming executive chairman and D. Michael Van Konynenburg as CEO. The deal enhances Savills' position in the North American market and expands its service capabilities.

Generation Essentials Group, a subsidiary of AMTD Digital, acquired the Hilton Garden Inn hotel in Manhattan's Tribeca neighborhood, New York, for $69 million. The 151-room hotel will be rebranded as the AMTD Idea Tribeca Hotel, with plans to convert it into the world's first Art Newspaper House. The property was previously owned by Hersha Hospitality and KSL Capital Partners. The article also notes recent hotel transactions in New York City, including sales of Hilton-branded hotels and the Ritz-Carlton New York.

Savills is acquiring Eastdil Secured for $1.1 billion to strengthen its position in the global real estate investment banking market, particularly in North America. The deal will enhance Savills' capabilities in capital markets solutions and increase its transaction revenue share. Eastdil will retain its name and unique profit-sharing culture under Savills, with leadership and employees gaining equity in the combined company. This acquisition aims to expand Savills' presence and competitiveness against major firms like CBRE and JLL.

The article discusses the political race to succeed Rep. Jerry Nadler in Manhattan, focusing on real estate development issues, particularly a mixed-income housing project on a New York City Housing Authority campus in West Chelsea. It highlights the misleading campaign tactics against the project, the support from tenants, and the challenges posed by local politicians opposing development and environmental reform. The article also notes the potential for progress with upcoming political changes and the importance of SEQRA reform for housing and clean energy projects in New York.

Foot traffic at U.S. malls, including indoor, open-air, and outlet types, has significantly increased in early 2026, signaling a resurgence in in-person shopping despite previous predictions of decline. This growth is driven by malls repositioning themselves as social hubs with entertainment and dining options, attracting more visitors especially in the evenings. The rebound highlights the viability of malls for growth with a strong tenant mix focused on experiential retail.

Sitex Group, a New Jersey-based private equity firm, has recently closed multiple warehouse deals in New York and New Jersey, expanding its portfolio of industrial properties along the East Coast and South Florida. Despite challenges from rising interest rates and tariff uncertainties, the industrial market is seeing renewed tenant activity, particularly from retailers, third-party logistics, and service providers. Sitex plans to continue focusing on industrial assets in New York, New Jersey, and Florida, with potential expansion into new regions in the future.

The article discusses the rising trend of Gen Z homeownership and renting across various U.S. metropolitan areas. Tucson, Arizona, leads in the growth rate of Gen Z homeowners, followed by Jacksonville, Florida, while Ogden, Utah, has the highest overall share of Gen Z homeowners. Other notable markets include Detroit, Birmingham, Alabama, and Jackson, Mississippi, which show significant growth in both ownership and renting among Gen Z. Conversely, San Jose, California, has a low share of Gen Z homeowners but a high growth rate in Gen Z renters due to its expensive housing market.

The article highlights several high-value real estate transactions in South Florida, including a $8.1 million home sale in Palm Beach, a $21.2 million sale of a 74-unit apartment complex in Hialeah, and luxury home sales in Miami and Pinecrest ranging from $5.2 million to $5.6 million. It also notes a modest 0.3% year-over-year increase in U.S. commercial real estate prices in January 2026, despite challenges such as high financing costs and slow deal volume.

The U.S. Attorney’s Office in New Jersey has halted new criminal charges related to mortgage fraud due to internal staffing issues and legal challenges over appointments. Despite increased lender reports of fraud and ongoing investigations involving property flipping schemes tied to New Jersey residents, prosecutions have stalled. Key cases involved fraudulent flips of office parks and large rental properties in Michigan, Ohio, and New York, with defendants connected to New Jersey. The office faces difficulties in maintaining staff to handle complex fraud cases, impacting enforcement efforts in the state.

The article discusses a new Wisconsin law effective in 2027 that requires residential property listings to be publicly listed unless sellers opt out by signing a form explaining their reasons. This law aims to increase transparency in the luxury real estate market, particularly in areas like Lake Geneva, where many high-value lakefront homes are sold through private deals. While the law introduces more disclosure and educational requirements for sellers, it still allows private listings, and industry professionals expect little change in off-market sales. The law also includes provisions on agent compensation and AI-altered photo disclosures.

The City Council approved rezoning for 395 Flatbush Avenue Extension in Brooklyn, New York, allowing the redevelopment of a 350,000-square-foot office building into a 1.5 million-square-foot mixed-use tower with nearly 1,300 housing units, including affordable apartments and city office space. This project takes advantage of new high-density zoning districts and lifted residential density caps in New York City. Additionally, notable real estate transactions and new building permits for residential and commercial properties were reported in New York.

In New York City, 192 real estate transactions totaling $276 million were recorded in 24 hours on March 11, 2026. Notable residential sales included a $26 million condo on Billionaires’ Row, a $17.8 million sponsor unit on the Upper West Side, and several other high-value condos, co-ops, and townhouses. The top commercial deal was a $5.1 million mixed-use property in Bedford-Stuyvesant with retail and apartments. Overall, U.S. commercial real estate prices showed a modest 0.3% year-over-year increase in January 2026 amid economic challenges and slow deal volume.

The article discusses the significant influx of ultra-wealthy individuals and corporate headquarters relocating to South Florida, particularly Miami, driven by tax benefits, favorable business policies, and lifestyle appeal. High-profile tech and finance leaders have purchased luxury residences and moved their companies' headquarters to the region, fueling demand for office and residential real estate, especially condos and mixed-use developments. This trend is expected to continue as more billionaires and companies from states like California seek to establish a presence in Florida, supported by local investment and development projects.

Charles Cohen, a real estate billionaire, has been given 45 days by a New York state judge to pay $135 million or risk having a large portion of his 12 million square feet real estate portfolio placed into receivership and seized by Fortress Investment Group. The court ordered Cohen to share detailed financial and property information while he attempts to sell assets to cover his debt after defaulting on a $534 million loan. Fortress has already taken control of some properties through foreclosure, but Cohen's remaining assets, including prime office buildings, have little equity value. The judge's order allows Fortress to take ownership interests and begin sales if Cohen fails to make progress within the deadline, marking a significant setback in Cohen's ongoing financial struggles.

Janice Chang and her husband Ross Nodell purchased a $17.8 million condo at Extell Development's 50 West 66th Street in New York City, where Chang leads sales. The luxury 127-unit building is about 80% sold, featuring high-end amenities and commanding premium prices due to limited new supply in the neighborhood. The project has seen multiple multi-million dollar sales, with some units priced as high as $85 million. The development faced legal challenges but has continued to succeed in the luxury condo market.

Oracle reported strong fiscal third quarter earnings driven by significant growth in its cloud and AI infrastructure businesses, with cloud revenue up 44% and AI infrastructure revenue up 243% year-over-year. Despite concerns about high debt levels and a canceled data center expansion in Abilene, Texas, Oracle plans to add 10 gigawatts of data center capacity over the next three years, with over 90% of funding secured. The company is focused on improving cost efficiency and profitability in its AI infrastructure investments, signaling confidence in sustained demand and growth in AI adoption.

The Denver and Boulder life sciences market saw a modest increase in leasing activity at the end of 2025, highlighted by a significant 64K SF lease by CordenPharma Colorado. Despite this, the market experienced no net absorption in Q4, with a 12.5% vacancy rate, indicating a need for increased demand to fill existing lab space. Venture capital funding reached $512M, the highest since before the pandemic, suggesting potential future growth. Construction has slowed with no new projects since 2024, and the development pipeline stands at 241K SF. Landlords are offering concessions to attract tenants, and the market may recover faster due to less new space compared to other regions.

Nightpeak Energy plans to build a $3.5 billion project consisting of two hyperscale data centers and two combustion turbine power plants on a 158-acre site near Sweeny in Brazoria County, Texas. Despite the county commissioners unanimously denying tax abatements due to concerns about noise and resource usage, the project is expected to proceed. The data centers will provide cloud computing and storage services, creating several hundred construction jobs and about 30 permanent jobs. Opposition to data center developments is increasing nationwide amid a construction boom driven by artificial intelligence.

Versity Investments, a student housing firm, faces foreclosure on The Buckingham, a 440-unit property in Chicago, Illinois, due to loan default and declining occupancy and income. The company and its former principals are involved in multiple legal disputes, including a $56 million fraud lawsuit in New York and arbitration with retail investors over undisclosed risks. Another Versity-linked property, Tailor Lofts in Chicago, remains financially uncertain despite stable occupancy. These issues highlight broader operational and legal challenges within Versity's multifamily and student housing portfolio across the U.S.

DAC Developments has purchased a site in downtown Nashville's SoBro district for $22 million to build a 53-story mixed-use tower featuring 405 hotel rooms, 104 condominiums, retail space, and parking. The $460 million project aims to become the tallest building in Nashville, reshaping the city's skyline with luxury hotel and condo offerings amid a challenging financing environment for traditional office and multifamily projects. The development is part of a broader trend of hospitality and branded residential projects gaining momentum in Nashville.

Related Ross received approval to develop a mixed-use project in Wellington, Florida, including a seven-story extended stay hotel, lakeside restaurant, commercial buildings with office and retail space, and a private school. The development plan also includes residential units and additional commercial space, with construction expected to be completed by 2028. Wellington is experiencing growth with other projects such as condos, hotels, and townhomes being proposed or approved.

A development partnership in the Los Angeles area secured a $150 million construction loan from Bank of America to build a 301-unit multifamily residential complex in Santa Clara, California. The project, approved by local officials, will replace two light industrial buildings on a 2-acre site and include commercial and co-working spaces along with amenities such as a gym, lounge, and dog spa. Despite rising interest rates and construction costs causing delays in the region, multifamily development continues to attract investment in Silicon Valley, exemplified by recent large apartment transactions.

Transwestern is advancing The RO, a large mixed-use development in Houston, Texas, featuring a new $34 million retail building with parking, a luxury condo-hotel tower called The Birdsall, multifamily apartments named The Clayton, and office space. The project spans 17 acres and will total about 740,000 square feet, including retail, restaurants, residential units, and office buildings. The development emphasizes cohesive design with pedestrian-friendly features and ample parking, aiming to attract high-end tenants and residents in Houston's Upper Kirby area.

The Episcopal Diocese of Pennsylvania is partnering with the Michaels Organization to redevelop 26 church properties across Greater Philadelphia into more than 1,000 housing units through adaptive reuse projects. These developments may include affordable, market-rate, workforce, or active adult housing, as well as some nonresidential uses like offices or community facilities. The initiative aims to support the Diocese's mission and financial stability by repurposing underused land and buildings, with projects varying in scale and potentially starting construction in late 2026 or 2027.

West Capital Lending purchased a 104,380-square-foot office building in Irvine, California, for $23.8 million, marking a significant investment in Orange County's office market. The Class A building, completed in 1981 and renovated in 2012, will serve as West Capital's new headquarters, occupying half the space. The sale reflects a rebound in Orange County office investments, although building values remain below pre-pandemic levels.

Jorge Acevedo, founder of La Colonia Medical Centers, has entered South Florida's multifamily market by acquiring the 74-unit Regency Club Apartments in Hialeah for $21.2 million. The purchase reflects growing investor interest in workforce housing in Hialeah, a competitive submarket within Miami-Dade County. The article also highlights other significant multifamily developments and acquisitions in the area, including large-scale projects by MG Developer and partnerships involving CSL Partners and Presidium, underscoring a robust pipeline of apartment construction in South Florida despite cooling rent growth.

Van Daele Homes purchased a 3.6-acre office property in San Ramon's Bishop Ranch, California, with plans to redevelop it into 64 townhome condominiums as part of a larger housing initiative. Sunset Development aims to add up to 8,000 residential units in the area, including a 412-unit community replacing a large office complex and a 456-unit multifamily development by AvalonBay Communities. Additionally, Eden Housing received approval for a 200-unit affordable housing project for seniors and families, marking the first affordable housing in Bishop Ranch.

Investor interest in Chicago suburban multifamily properties is increasing due to strong rent growth and limited new construction, with a 29.3% rise in property transactions and a 7% increase in sales volume in 2025. Most deals occurred in Cook County, with additional activity in DuPage, Lake, and Will counties. The suburban renter demographic includes retirees, empty nesters, and younger individuals renting longer due to housing affordability challenges. Municipalities are increasingly supportive of multifamily developments, especially in transit-oriented and retail areas, to address housing shortages and rising rents. Financing remains challenging, but demand for suburban multifamily housing continues to grow amid declining office asset interest.

Gracie Abrams is consolidating two co-op units on the 18th floor of a landmarked Art Deco building at 1 Fifth Avenue in New York City to create a large penthouse with multiple bedrooms, bathrooms, and terraces. The building, known for its celebrity residents and full-time staff, was originally a hotel before being converted to co-ops in 1976. Abrams purchased the units for a combined total of around $10 million, with the penthouse previously owned by the estate of developer Joseph Cotter.

Kevin Williamson sold his seven-bedroom, 12-bath mansion in the guard-gated Hidden Valley Estates community of Beverly Hills Post Office, Los Angeles, for $17.1 million, marking the priciest sale in the area this year. The 12,000-square-foot traditional-style home, built in 2019, features luxury amenities including canyon views, an elevator, home theater, wine room, and automotive showcase. The sale is subject to Los Angeles' mansion tax. Williamson originally purchased the property in 2020 for $17 million and listed it for $21 million before the sale. The Hidden Valley community is known for celebrity residents.

H-E-B has received approval for a $20 million incentives package to develop a 135,000-square-foot supermarket on a 21-acre former landfill site in Buda, Texas, near Austin. The project, including a drive-thru restaurant, pharmacy, and garden center, requires extensive environmental remediation and a $70 million investment by H-E-B. The development aims to create 50 full-time jobs and revitalize the area, with plans to repurpose the existing Buda store for additional retail use. This initiative marks a significant economic development milestone for the fast-growing suburb.

The Corcoran Sunshine team was recognized for their outstanding sales performance at the One High Line condo development in West Chelsea, New York, crossing $1 billion in sales by the end of 2024 and currently working to sell the remaining units. The project, rebranded from XI and managed by developers including Monroe Capital, secured $525 million in refinancing earlier in the year. Additionally, Corcoran Sunshine acknowledged the sales team behind Glacier Equities and InterVest Capital Partners' 720 West End Avenue, another condo project with strong sales in 2025. The firm also highlighted significant contracts at 140 Jane Street and the Flatiron Building conversion, both involving high-value condos.

Scott Goodman, co-founder of Sterling Bay and founder of Farpoint Development, is expanding his investments in the medical office sector with a recent $88 million purchase of a medical office building in New Lenox, Illinois, part of the Silver Cross Hospital Campus. The building is highly occupied with major healthcare tenants and is located in Will County, a fast-growing Chicago suburb. Farpoint also invests in industrial, multifamily, and retail properties and is involved in a large-scale development project in Chicago that includes medical office space but faces financing challenges and potential use as a stadium site.

Mark Marcello purchased a $36 million mansion in the Mar-a-Lago Security Zone in Palm Beach, Florida. The estate, located at 160 Clarendon Avenue, features an 8,900-square-foot mansion on 1.5 acres with multiple bedrooms, bathrooms, a gym, and a pool. The property was originally built in 1999 and had been listed for $55 million in 2022 before price reductions. The area has become a hotspot for luxury real estate transactions due to its security and proximity to power, with other high-value sales recently occurring nearby.

Developer Bob Dunn is reviving the One Central megaproject in Chicago, a large mixed-use development near Soldier Field, supported by new Illinois legislation that could provide up to $1.6 billion in bond financing through an expanded STAR bond program. The project has been scaled back from its original $20 billion plan, removing a transit hub and decking over rail tracks, and now proposes shifting rail lines to build directly on land. The initiative aims to spur economic development on Chicago's South Side and is linked to the Chicago Bears stadium relocation discussions.

British developer Nick Candy has relisted his Holmby Hills mansion in Los Angeles for $58 million, marking a significant price reduction from the original $85 million listing in 2022. The estate includes an 11,000-square-foot main house and a 10,000-square-foot guest house, both featuring five bedroom suites and numerous luxury amenities such as a theater, gym, spa, swimming pool, and tennis court. Candy originally purchased the property from his brother in 2018, and the estate has seen multiple ownership changes within the Candy family, known for their real estate ventures.

The Lowell city council in Massachusetts has enacted a one-year moratorium on new data center development or expansion, with a possible 180-day extension, to allow time for reviewing zoning regulations and assessing impacts on city infrastructure and residents' quality of life. This follows similar moratoriums in other municipalities across Massachusetts, Ohio, North Carolina, and California, reflecting growing concerns about the rapid proliferation of data centers. The moratorium permits ongoing projects to continue but pauses new developments until clearer rules are established to balance growth and community interests.

Several prominent real estate investors and developers from California, particularly Los Angeles and the Bay Area, have made significant financial contributions to Matt Mahan's campaign for California governor. These donors include major players in office, studio, and mall development sectors, as well as family-owned real estate companies. The article highlights the political involvement of real estate figures in California's gubernatorial race and their financial support for Mahan, who is challenging incumbent Governor Gavin Newsom.

Savills has agreed to acquire Eastdil Secured from Guggenheim Investments and Temasek Holdings for $1.2 billion, marking a significant ownership change for the real estate investment bank. The deal, expected to be announced during Savills' fourth-quarter earnings report, follows Eastdil's previous sale by Wells Fargo in 2019 and a year-long search for strategic investment opportunities.

Eagle Partners expanded its attainable housing platform in Southern California by acquiring two adjacent senior housing communities with 551 units in Escondido, San Diego County, for $162.5 million. The acquisition, financed mainly by J.P. Morgan Chase and other partners, aims to preserve affordable senior housing with long-term capital improvements. This follows a previous $107 million acquisition of a 350-unit property in Los Angeles County, reflecting the firm's commitment to addressing the growing senior housing supply and affordability crisis in the region.

A luxury oceanfront estate in East Hampton, New York, sold for $72 million, marking the priciest deal of the year on the East End. The 3.6-acre property features an 11,000-square-foot main residence with 10 bedrooms, 12 baths, a private grotto, and a heated pool. The sale follows a strong 2025 luxury market in the Hamptons, with record median home prices and numerous high-value sales.

B2K Development plans to build medical offices, an assisted living facility, and a hotel on a 49-acre portion of the Flowerfield Fairgrounds in St. James, Suffolk County, New York. The site is currently zoned for light industrial use, and the project faces opposition from local residents and officials concerned about environmental impacts and flooding. The state Department of Environmental Conservation is considering purchasing the property for preservation if the development does not proceed. Legal challenges have occurred but were dismissed based on zoning compliance.

A $103 million bridge loan has been secured for the recapitalization and completion of the Hilton Miami Beach Convention Center Hotel, a 289-key hotel set to open in May 2026 near the Miami Beach Convention Center in Florida. The project is expected to benefit from the convention center's recent expansion and increased event activity, as well as the development of a nearby Grand Hyatt hotel. The location near the Atlantic Ocean and amenities like rooftop pools are anticipated to attract both business and leisure travelers. The Jesta Group, The Lotus Group, and Chetrit Group are the key sponsors involved in the project.

Align Real Estate is advancing plans to redevelop Safeway grocery stores in San Francisco and San Mateo, California, into large residential and mixed-use projects. The San Mateo proposal includes a seven-story building with 396 residential units above a larger Safeway, with about 55 income-restricted units to leverage density bonuses. In San Francisco, Align aims to transform four Safeway locations into developments totaling over 3,500 residences, including a controversial 25-story, 790-unit project in the Marina District. These projects utilize California housing streamlining laws to facilitate approvals despite some local opposition.

Franklin Street Properties has secured 53,000 square feet of new leases at the Towers at Westchase office campus in Houston, Texas, demonstrating demand for quality office space despite a slow market recovery. The two 14-story towers, built in 1983 and 2008 respectively, offer amenities like a gym and deli and benefit from westward migration trends. The Westchase submarket accounted for 10.1% of Houston's leasing activity in late 2025, highlighting its strength amid a high overall vacancy rate. Franklin Street's portfolio includes office properties in Texas, Colorado, and Minnesota.

Phil Freedman has returned to Compass to lead sales and marketing for the Raleigh Rosewood Residences, a luxury condo development in Miami Beach, Florida. The project, owned by New York-based Nahla Capital, involves redesigning the historic Raleigh hotel site into a 44-unit luxury condo tower with a private members' club and hotel component. The development is located on Collins Avenue, known as "Billionaires' Beach," and sales are expected to launch later in the year. Freedman has extensive experience in new development condo sales in Miami Beach, having previously worked on other high-profile projects.