Brooklyn's apartment leasing activity increased by 10 percent year-over-year in September 2026, marking its strongest September since 2020, driven by two-bedroom and studio leases. Meanwhile, Manhattan experienced a 5 percent decline in apartment leasing with a persistent shortage of available units and a vacancy rate near 1.5 percent, the lowest since 2019. Rents rose in both boroughs, with Brooklyn averaging $4,300 and Manhattan $5,395 per month. Overall, supply constraints continue to challenge renters, especially in Manhattan.

The article discusses the financing challenges faced by data center developers, particularly the need to fund infrastructure such as power and cooling systems to support energy-intensive computing. It highlights the use of Commercial Property Assessed Clean Energy (C-PACE) financing as a potential solution, with examples from Missouri and Texas where C-PACE loans funded energy-efficient upgrades in converted buildings into data centers. C-PACE offers long-term capital that can cover qualifying energy and resilience improvements, fitting into the capital stack to reduce financing costs. The article emphasizes early planning and lender coordination to maximize C-PACE benefits for data center projects.

Udon Shin, a Japanese restaurant with two existing U.S. locations, is opening its first New York City site in a 2,500-square-foot retail space in Manhattan's Flatiron District under a 10-year lease. The restaurant previously opened in Mesa, Arizona, and plans another location in Utah. The lease deal highlights the strength of Manhattan's retail market and the demand for quality restaurant spaces in the area.

Next Fifteen Communications Group, a U.K.-based digital communications firm, has leased 6,350 square feet on the third floor of an office building at 78 Crosby Street in SoHo, New York City. This marks the company's first office in New York City. The building also houses Polymarket, a betting platform that expanded its presence there in 2023. The lease details include an asking rent of $75 per square foot, with Judson CRE representing the landlord and Cushman & Wakefield representing the tenant.

The article discusses a webinar featuring Cushman & Wakefield CIO Colin Campbell and Unframe CTO Chris Slovak, focusing on the integration of AI into commercial real estate operations. Key topics include the importance of starting AI projects with clean, high-impact data, maintaining data governance, balancing build vs. buy strategies for AI tools, budgeting flexibility, and building trust in AI systems through consistent outputs. The conversation also touches on the evolving role of SaaS platforms in AI adoption and the need for firms to focus on their unique differentiators.

Ross Stores has signed a 115,000-square-foot lease at Row DTLA, an adaptive-reuse office campus in Downtown Los Angeles, relocating its West Coast merchandising hub to support vendor collaboration and retail expansion. The move reflects a shift within Downtown L.A.'s office market toward creative, amenitized spaces rather than traditional CBD locations. Row DTLA, a redeveloped former industrial complex, hosts multiple fashion and apparel tenants including Adidas, Wilson, Revolve, Pistola Denim, and Fashionphile, combining office, retail, and operational functions.

A joint venture between Lincoln Property Company and McCourt Partners secured $132.7 million in construction financing from Bank OZK for a 344-unit mixed-use development in Culver City, California. The six-story project, ElevenOneEleven, will feature 52 affordable residential units, retail space, outdoor public areas, residential amenities, and 500 parking spaces. Construction is expected to start by the end of the year, highlighting strong demand for new apartments in Los Angeles County amid measured supply growth.

CBTS Technology Solutions and Titanium Realty Group have signed leases for office spaces in two Midtown Manhattan buildings owned by the Rosen family. CBTS leased 3,612 square feet at 1261 Broadway, while Titanium Realty Group leased 2,319 square feet at 302 Fifth Avenue. Both leases highlight the appeal of central locations and natural light in these historic office buildings. The deals were facilitated by Koeppel Rosen and other real estate agents, with lease terms and rents undisclosed.

Terra secured a $183.8 million loan to refinance a newly completed wellness-focused office complex in Bay Harbor Islands, Florida, which includes a 96,000-square-foot office building and an eight-story condo building with 65 units. The office building is 90% leased, with tenants including Tom Brady's family office. The refinancing replaces a previous $238 million loan and follows Terra's recent $507 million financing for a luxury condo tower in South Beach. The development faces competition from a new office project in the same area backed by a $74 million construction loan.

Rithm Capital, a $63 billion alternatives firm, announced that its subsidiary Genesis Capital closed a $375 million securitization of U.S. multifamily loans, marking its first multifamily-only securitization since acquisition in 2021. The securitization includes 55 loans for various multifamily developments and reflects the firm's growing multifamily loan originations, which increased significantly from Q1 2024 to Q2 2026. Additionally, Rithm Capital expanded its portfolio by acquiring the office profile of Paramount Group and the private credit firm Crestline, enhancing its asset base.

Sitex Group secured a $39.4 million loan to refinance a 146,583 square-foot industrial outdoor storage property located at 58-80 Borden Avenue in Maspeth, Queens, New York. The property includes building space leased to the New York City Fire Department for a 20-year garage and repair facility. The transaction highlights the focus on industrial real estate in high barrier to entry markets like New York City, where the outer borough industrial market has a low vacancy rate and limited new construction.

The article discusses how workplace design can be optimized to reduce distractions and improve focus by clearly defining the purpose of spaces, designing physical environments that support those purposes, and implementing policies to maintain order. It introduces the Signal Stack framework, which emphasizes creating distinct zones for different work modes, ensuring clear environmental cues, and establishing behavioral guidelines to protect attention in office settings. The goal is to create attention-literate workplaces that help employees navigate and use spaces effectively to enhance productivity and well-being.

Brooklyn Sports & Entertainment, the holding company for the Brooklyn Nets and New York Liberty, has acquired three warehouse properties in Brooklyn, New York, to be used as training facilities dedicated to youth programs. The properties, previously industrial buildings converted into basketball rental courts, were purchased from The Post BK in an all-cash deal. The facilities will open next year, reflecting the company's commitment to community sports development.

Lucid Trading has signed a five-year office lease for 8,263 square feet at 260 Spring Street in Manhattan's SoHo neighborhood, New York City, with an asking rent of $85 per square foot. The building is an 11-story mixed-use property with retail tenants on the ground floor, including Manhattan Mini Storage and FedEx. The lease was brokered by Douglas Elliman and Colliers, highlighting the competitive nature of the New York City commercial leasing market.

Rose Associates and Morgan Stanley Real Estate Investing secured $103 million in debt financing from AXA Equitable to recapitalize the Ellington, a 29-story multifamily building in Midtown Manhattan, New York. This deal marks the beginning of several planned acquisitions between the two partners, aiming to consolidate ownership and position the property for future success. The Ellington, opened in 1987, features amenities such as a fitness center and private storage, and is located near Broadway's Theater District and Central Park.

Lids, a leading sports apparel retailer, has signed a 10-year lease for a 1,993-square-foot flagship retail location inside New York City's Pennsylvania Station, managed by Vornado Realty Trust. The store aims to capitalize on the high foot traffic of approximately 650,000 daily visitors, including commuters and sports fans, benefiting from proximity to Madison Square Garden and a growing retail and dining district. The lease was negotiated by JLL and RCS Real Estate Advisors, with Vornado represented in-house.

The commercial real estate industry is undergoing a capital stack reset due to rising interest rates and increased financing costs, which challenge refinancing assumptions built during a low-rate environment. While many assets remain fundamentally healthy and operational, the higher cost of capital and limited available equity are forcing owners to reconsider capital structures, often requiring fresh equity or asset sales. This cycle is less a debt crisis and more a necessary market adjustment, creating both challenges and opportunities as capital becomes more selective and assets may trade at discounts. Success in this environment depends on strong balance sheets, disciplined underwriting, and the ability to act on emerging opportunities.

The article discusses Wes Bolsen, CEO of CitroTech, a company specializing in fire prevention technology recognized by the EPA. It covers his background in wildfire prevention, the importance of community-wide fire protection, cost benefits of fire-resistant construction, and CitroTech's approach to fire resilience. The discussion highlights fire risk and prevention efforts across California, Colorado, Montana, and Idaho, and mentions collaborations with major home builders and the use of fire retardant materials in construction.

The Metropolitan Museum of Art in Manhattan broke ground on the Oscar L. Tang and H.M. Agnes Hsu-Tang Wing, a new 126,000-square-foot exhibition space set to open in 2030. Designed by Frida Escobedo, the first woman to design a wing at the Met, the $670 million project will double the existing exhibition space for 20th- and 21st-century modern and contemporary art, include outdoor terraces, a cafe, and focus on sustainability and accessibility. The wing aims to enhance the display of the Met's modern art collection and improve outdoor spaces in collaboration with local organizations.

The article profiles Suri Kasirer, a prominent New York City government relations and lobbying expert who has played a pivotal role in major real estate and nonprofit projects, including the rezoning for One Vanderbilt, the New York Blood Center expansion, and advocacy for nonprofits' timely payments. Kasirer's work bridges political advocacy, real estate development, and nonprofit support, emphasizing community engagement and positive city impact. Her efforts have influenced landmark projects, tax benefits for companies, and social causes, reflecting her deep commitment to improving New York City's landscape and services.

Tordjman Equities acquired the Pine Trail Nursing and Rehab Center, a 59,760-square-foot nursing home in Greenacres, Florida, for at least $23.8 million. The facility, built in 1988, features 93 beds and sits on an 8.7-acre site. The purchase was supported by a $150 million acquisition loan from Pinnacle Bank, which also financed another recent nursing home acquisition in Dania Beach, Florida. The senior housing market in Palm Beach County is attracting investors due to projected population growth and steady occupancy rates. Other recent transactions include purchases of assisted living and senior housing communities in Delray Beach and West Delray Beach, Florida.

Bath & Body Works has signed a lease to occupy the entire nearly 9,000-square-foot two-level retail space at 129 Fifth Avenue in Manhattan's Flatiron District, New York City. The store is expected to open in fall 2027, replacing previous tenants including fashion retailer Express. The building also contains residential co-ops on upper floors. This new lease adds to Bath & Body Works' presence in New York City, where it operates at least 14 other stores across all five boroughs.

11North Partners secured $96 million in acquisition debt from PNC Bank to purchase a $155 million grocery-anchored retail portfolio consisting of Lahaina Cannery and Lahaina Gateway in Lahaina, Hawaii. These properties are highly leased and anchored by major tenants such as Safeway, Longs Drugs, Foodland Farms, and Ross Dress for Less, serving both local residents and tourists in West Maui. The transaction highlights strong demand for well-located, institutional-quality retail assets in markets with high barriers to entry.

One Street Commercial Properties secured $37.8 million in financing to convert a vacant office building at 3333 K Street NW in Washington, D.C., into 22 luxury condominiums with added amenities and ground-floor retail space. The project involves adding a sixth floor to the 70,000-square-foot former office building and includes affordable units, reflecting a trend of office-to-residential conversions in the D.C. area. OakNorth and Hickory CRE Lending provided the loan, supporting One Street's ongoing adaptive reuse developments in the market.

South Korean eyewear brand Gentle Monster has signed a lease for 28,500 square feet at the Puck Building in SoHo, Manhattan, New York, taking over part of the former REI flagship retail space. The lease term exceeds 10 years, and the space will feature Gentle Monster's signature gallery-like retail experience. The Puck Building also houses major office tenants like OpenAI and Quadrature. This deal marks a significant transition for the building's retail space following REI's departure after 15 years.

King Street Properties secured $237.7 million to refinance the first phase of Pathway Triangle, a four-building advanced manufacturing and life sciences campus in Morrisville, North Carolina, anchored by Novartis and Liquidia Pharmaceuticals. The campus, part of the Research Triangle biomedical hub, spans nearly 582,000 square feet with plans to expand to over 950,000 square feet. The location benefits from proximity to major universities, airports, and highways. King Street also owns manufacturing assets in Massachusetts and North Carolina.

The article covers a Brooklyn-focused real estate event discussing Mayor Zohran Mamdani's rent freeze and a retail revival on Fulton Street. Key topics included the city's new housing development era with expedited land use reviews, the $5.6 billion housing plan to create and preserve affordable homes, and concerns about the rent freeze's legality and impact on the affordable housing market. Additionally, Downtown Brooklyn's retail market is booming, highlighted by the redevelopment of a former Macy's into a large retail and entertainment complex called BKX, expected to catalyze further retail growth.

The Pacific Design Center in West Hollywood, California, a prominent mixed-use office campus, has secured over a dozen new leases and renewals totaling 76,100 square feet. Key tenants include furniture makers, showroom operators, and food and beverage businesses, with lease terms extending up to 11 years. This activity follows nearly 96,000 square feet of office leases signed in September, highlighting strong leasing momentum at the campus.

Kinsmen Property Group and SK Development have finalized plans to build a multifamily development at 50 Third Avenue in Manhattan's East Village, New York. The project will include 184 rental apartments with approximately 20% permanently affordable units, along with ground-floor retail space. The development will consist of two connected buildings with amenities such as a fitness center, yoga studio, sauna, cold plunge, golf simulator, and coworking spaces. The developers secured $203.5 million in construction financing and are seeking zoning modifications and air rights transfers to facilitate the project, which also supports the restoration of a nearby church. An alternative plan exists to build a single market-rate building if approvals are not granted.

The World Economic Forum has signed a 15-year lease for over 58,000 square feet across three floors at the recently renovated 825 Third Avenue office tower in Midtown Manhattan, New York. The nonprofit will relocate from 350 Madison Avenue next year, occupying floors six through eight in the 40-story building, which underwent a $150 million renovation. The building houses other tenants including a health care investment firm, an insurance group, and a law firm, and aims to attract world-class organizations following its upgrade.

Marcus Day has joined LaSalle Investment Management as head of LaSalle Global Solutions, overseeing a $10 billion private indirect investment platform. He brings extensive experience from Brookfield Asset Management and Partners Group, focusing on real estate secondaries and acquisitions. Day will leverage LaSalle and JLL's global research and market intelligence to enhance indirect investing strategies and grow the business globally.

Anderson Family Properties is finalizing a $550 million refinancing deal for its 940,000-square-foot office campus in Century City, Los Angeles. The financing, led by Wells Fargo and J.P. Morgan Chase, will pay off existing debt, fund tenant obligations, and allow the owners to extract $219 million from the property. The office campus is 95.5% leased following a $205 million renovation, with rents significantly higher than previous agreements. Major tenants include Ares Management and several law firms. Century City office market fundamentals remain strong compared to broader Los Angeles, with lower vacancy and higher rents.

The article analyzes the multifamily housing market in the Sun Belt region, highlighting an uneven recovery from a pandemic-driven construction boom that led to oversupply and fluctuating rent growth. Despite a significant slowdown in new construction starts and migration, markets like Austin, San Antonio, Phoenix, and Houston show signs of absorption and stabilization, while others like Dallas-Fort Worth still face large pipelines of units under construction. Factors such as rising costs, immigration policy changes, and interest rate hikes are influencing demand and supply dynamics, suggesting a slow and staggered return to market equilibrium expected around 2027-2028.

Arrow Real Estate Advisors is celebrating its two-year anniversary by expanding its investment sales business in New Jersey with the addition of Yanni Marmarou as a senior director. Marmarou brings extensive experience in residential development and investment sales, having previously led operations at Investment Property Realty Group's New Jersey office and B6 Real Estate Advisors. He has arranged transactions involving over 2,000 residential units in northern New Jersey and aims to leverage his expertise to assist owners and developers in the New Jersey and greater New York metropolitan markets.

The article discusses the concept of "proof stacking" in commercial real estate, emphasizing that credibility is built through consistent, documented evidence of expertise, behavior, and reputation over time rather than mere claims. It highlights the importance of trust, demonstrated knowledge, and professional conduct in establishing long-term competitive advantages, especially in an era of digital visibility and AI-generated content. The author shares insights from his 43 years in brokerage, underscoring that sustained ordinary activities with extraordinary consistency create durable credibility and client confidence.

The article discusses the challenges in commercial real estate reporting due to diverse stakeholder demands and complex portfolio structures. It highlights the limitations of traditional software solutions that enforce standardized dashboards, leading to manual, time-consuming data manipulation. Instead, firms like Friedman Real Estate are adopting AI-driven infrastructure that integrates business logic directly into reporting workflows, enabling automated, flexible, and accurate reporting across multiple service lines. This approach improves operational efficiency and adaptability in a dynamic market environment.

Joe Moinian, a prominent New York real estate developer, discusses his extensive experience and current projects, including a major 1.9 million-square-foot Class A office building at Hudson Yards and large residential developments such as the Sky and Site K. He highlights challenges like high construction costs, tax incentives, and the impact of AI on office leasing and design. Moinian emphasizes the importance of anchor tenants for financing large projects and notes the ongoing recovery and transformation of the Manhattan office and retail markets, with a focus on multifamily residential, office, retail, and hotel developments in New York City.

RXR has promoted Whitney Arcaro to COO and hired Gerard Norcia to lead its residential business, aiming to expand its national residential portfolio beyond New York City. The firm focuses on investing in markets with strong education, healthcare, and business climates, currently active in 11 gateway markets including Arizona, Florida, Colorado, California, and North Carolina. RXR's residential portfolio includes over 8,000 units, a development pipeline of 2,800 units, and projects like Veridia in North Carolina, Arden at Garvies Point in New York, and AVE Station House in Colorado. Norcia will oversee investment strategy, development, and asset management to scale the residential business nationally.

The article discusses the recent transactions and market conditions surrounding iconic and significant commercial real estate properties, focusing primarily on the Chrysler Building in New York City. Tishman Speyer repurchased the ground lease and plans substantial improvements amid a strong Manhattan office market. The article highlights robust office leasing activity in New York and a resurgence in Los Angeles, alongside notable deals in senior housing and retail in California. It also touches on the growing role of AI in real estate technology and investment strategies.

BridgePrep Academy, a charter school network with 19 locations in Florida, has signed a 56,000-square-foot lease at the California Club Shopping Center in Ives Estates near Aventura, Miami-Dade County. The property is an open-air retail center owned by RK Centers. The demand for private grade school properties in South Florida has surged since the pandemic, leading to significant investments in new educational facilities in the region, including large donations to schools in West Palm Beach.

Orange County, California's office market showed improvement in the third quarter with vacancy rates dropping to 15.4% and average asking rents rising to $3.02 per square foot per month. Despite a slight dip in quarterly net absorption, the year-to-date absorption remained positive at 265,394 square feet. Major leases included Taco Bell's 254,162-square-foot lease and significant deals by Envista Holdings and an aerospace company. The South County submarket led in absorption, while supply remains tight with no new completions this year and only one office project under construction at the Anaheim Ducks' mixed-use development.

Luxury fashion brand Yves Saint Laurent (YSL), owned by Kering, is opening a new nearly 9,600-square-foot retail store at 717 Fifth Avenue in New York City, a commercial condominium recently acquired by Kering. The move follows the expiration of YSL's original lease at 3 East 57th Street and aligns with Kering's strategy to consolidate its brands, including Gucci and others, under one roof. The property includes retail and office space and is located near Trump Tower, where Gucci currently operates. Kering sold a majority stake in the building to Ardian in 2025 to raise capital, and the new store opening is part of a broader retail real estate repositioning in Manhattan.

Northern Virginia's office market tightened in Q3 2026 with positive net absorption driven by AI, technology, and defense tenants, notably the National Science Foundation's 380,000-square-foot lease. Vacancy rates fell to 21.7%, and available space hit a decade low. Leasing slowed but remained supported by new leases and relocations, pushing rents higher, especially for Class A properties. New construction is minimal, while significant office space is proposed for redevelopment, indicating continued market tightening and demand shift toward higher-quality office space.

Trinity Southern has acquired a development site and secured a $19.5 million construction loan for a boutique condo project called Twenty Nine Indian Creek in Miami Beach, Florida. The eight-story development will feature 16 luxury condo units and a parking garage. The project reflects ongoing strong lender interest in luxury condo developments in Miami Beach and South Florida, with other significant construction loans recently secured for similar projects in the area.

The Manhattan office market is experiencing a strong recovery with increased leasing volume, declining vacancy rates, and rising rents, driven by diverse industry demand and a return to in-office work. Major deals and expansions by firms like American Express, Simpson Thacher & Bartlett, and Bank of America highlight confidence in New York City's economic future. Despite limited new supply and potential macroeconomic risks, experts remain optimistic about sustained growth and high occupancy in the office sector, emphasizing New York's status as a global business hub.

Seward & Kissel, a financial services law firm, has renewed its 171,112-square-foot office lease for 11 years at One Battery Park Plaza in the Financial District of Lower Manhattan, New York. The building, owned by Rudin Management and Allianz Real Estate, is a 35-story office tower with multiple tenants including SFA Agency, the New York City Independent Budget Office, Nationwide Mutual Insurance, and the International Refugee Assistance Project. The average asking rent for office space in the area was $62.40 per square foot in the third quarter of 2026.

Personal injury law firm Morgan & Morgan has signed a long-term lease for 70,602 square feet at One Seaport Plaza, an office building located at 199 Water Street in Manhattan, New York. The firm expanded its office space from a previous sublease of 34,792 square feet and will now have a more permanent presence in the building, which offers amenities such as a cafe and lounge area. The lease was brokered by Cushman & Wakefield, and the building houses other tenants including fintech and insurance firms.

City National Bank of Florida sold its former 121,418-square-foot office headquarters in Coral Gables, Florida, for $39 million to Baptist Health South Florida, a nonprofit hospital operator. The bank relocated to a larger office building nearby, while Coral Gables has recently seen increased office property sales activity. The future use of the sold office building by Baptist Health South Florida is currently unknown.

Westwood Financial acquired the grocery-anchored Peninsula Marketplace shopping center in Huntington Beach, California, for approximately $56.2 million. The 95,416-square-foot retail property, anchored by Ralphs supermarket and nearly fully occupied, is one of Orange County's coastal retail assets and reflects strong investor demand for grocery-anchored centers in Southern California. The seller was Blackstone, which had acquired the property as part of a larger retail portfolio purchase. This acquisition marks Westwood Financial's largest Southern California deal in over a decade.

Marx Realty announced two new office leases at its 10 Grand Central property in New York, totaling 14,000 square feet. Brenton Point Capital Partners will occupy 9,000 square feet on the 24th floor, while Cornerstone will take 5,000 square feet on the second floor. The building offers a hotel-like office environment with concierge services and high-end amenities, attracting top companies.

Perkins&Will has signed a 15-year lease for 50,680 square feet at 135 West 18th Street, the Altman Building, in Manhattan's Chelsea neighborhood, relocating and consolidating its New York City operations. The lease covers the second through fifth floors of this historic five-story office building, reflecting strong demand for office space in central Manhattan. The building, originally built in 1896 as a carriage house, combines historic character with modern office infrastructure.

Jemal Real Estate, DivcoWest, and JLS Capital have formed a joint venture to convert a 342,000-square-foot office building in Washington, D.C. into 323 residential apartments, including affordable units, while retaining ground-floor retail space. The project is part of a broader trend of office-to-residential adaptive reuse in the area, supported by a $40 million loan from Madison Realty Capital. Jemal Real Estate has also led similar conversions in Syracuse, New York, and Richmond, Virginia, and continues to acquire office properties in the D.C. metropolitan area.

Brex, an AI-powered financial platform, has signed a lease for 93,779 square feet at 200 Varick Street in Manhattan's Hudson Square neighborhood, marking a relocation within New York City. The deal is one of the largest office leases in Midtown South during the third quarter of 2026, alongside other significant leases by companies such as Anthropic and Legora. Brex was founded in 2017 and was recently acquired by Capital One for $5.15 billion.

The article covers a forum focused on the development and infrastructure of data centers, highlighting their growing importance in the AI and digital economy. Experts discussed trends such as the shift to urban and suburban inference data centers, challenges in permitting and utility infrastructure, and the political and community engagement necessary for successful projects. The forum emphasized the complexity and high returns of data center investments, the need for modernizing older facilities, and the evolving public perception of the industry. Key geographic markets like Loudoun County, Virginia, and Lancaster County, Pennsylvania, were noted for their economic benefits from data center developments.

A Terra-led partnership secured a $507 million construction loan from Tyko Capital for a 28-story, 106-unit luxury condo tower at 1250 West Avenue in Miami Beach, Florida. The project, which replaces a 15-story condo building, will feature rooftop pools, an underground parking garage, a padel court, and ground-floor retail space. Pre-sales will begin next year, an unusual move for the market. The development also includes plans to create a public park by demolishing the nearby Bikini Hostel. Terra has a strong presence in Miami Beach, with other ongoing luxury condo and hotel projects.

T.J. Maxx has signed a lease to replace H&M in a 28,837-square-foot retail condominium unit at 150 East 86th Street on Manhattan's Upper East Side, New York. The store will occupy approximately 4,000 square feet on the ground floor and 25,000 square feet on the second floor, with the opening planned for late 2027. This follows T.J. Maxx's recent lease at Herald Towers in Manhattan, marking its first new Manhattan store in nearly a decade. The retail condo was purchased by Extell Development for $64 million in 2025, and the location is surrounded by other major retailers.

Vanguard Development secured a $34 million HUD-backed loan to refinance the Reserve at Willow Ridge, a 160-unit multifamily apartment community in Lancaster, Pennsylvania. The loan will fund a replacement reserve for future capital improvements and return equity to the borrower. The property features garden-style apartments and townhouses with amenities such as a swimming pool, clubhouse, fitness center, picnic pavilion, and walking trails.

Toll Brothers, through its condo development division, has acquired properties in Manhattan's West Chelsea neighborhood, New York, for $45 million to expand its luxury condo development. The company plans to build a 240,000-square-foot building with 105 units and commercial space, featuring amenities like a pool and sauna. The acquisition complements a previous purchase of a vacant lot nearby, aiming to create a significant residential development in this distinctive area.

AI video platform Synthesia has leased 50,000 square feet of office space at 675 Avenue of the Americas in New York City's Flatiron District, significantly expanding its footprint from its current 13,600-square-foot lease at 245 Fifth Avenue in NoMad. The move will nearly quadruple Synthesia's office space in New York City and support headcount growth. The building also houses other office tenants and retail stores like Michaels and Trader Joe's. The lease terms and rent were not disclosed, but Midtown South office rents averaged $79.57 per square foot in Q3 2026.

Planpoint, a Montreal-based real estate marketing platform, has launched publicly after developing software that turns floor plans and site maps into interactive tools for selling and renting properties. The platform supports real-time interactive floor plans, 3D tours, and analytics, and is adaptable for various property types including new-build condominiums, rental apartments, single-family developments, land developments, senior living, and commercial properties. It is used by developers and property teams in Canada, the U.S., and other countries, helping agents and tenants explore and compare units while keeping property information current.