Banyan Street Capital and Independencia Asset Management secured $53.5 million in refinancing for the Doral Center office complex in Doral, Florida. The 290,000-square-foot property, consisting of two buildings on a 10.8-acre campus, is about 85% leased and has undergone $15.5 million in capital improvements since its 2020 purchase. The upgrades have enhanced its appeal and leasing activity, with a recent sale of three acres to a residential developer. The financing was provided by Wells Fargo and brokered by CBRE.

Samudhra, a New Jersey-based Indian restaurant, has signed a lease for a 10,000-square-foot retail space on the ground floor of the Ellery at 312 West 43rd Street in Hell’s Kitchen, New York City, marking its second U.S. location. The property, owned by Taconic Partners and National Real Estate Advisors, is part of a mixed-use development that also recently leased space to Aldi. The lease deal was negotiated by CBRE and Lee & Associates, highlighting the Ellery's role as a dynamic mixed-use destination with a strong retail and dining presence.

The New York City Department of Housing Preservation and Development has submitted plans to rezone a city block in East Harlem, Manhattan, to facilitate a supportive and affordable housing project totaling 762 units across three buildings. The project, sponsored by Volunteers of America–Greater New York, will replace an existing 174-unit single room occupancy building and include community and commercial spaces. The rezoning will also designate the area as Mandatory Inclusionary Housing to ensure affordability in future developments. Nearby, another affordable housing project, Timbale Terrace, is underway with 341 units. Both projects aim to provide housing for formerly homeless individuals and other residents in need.

Rockpoint and Urby secured $277 million in construction financing from Truist to develop the second phase of a 748-unit multifamily tower at 201 Hudson Street in Jersey City, New Jersey. The 69-story building will feature 528,000 rentable square feet, 10,000 square feet of ground-floor retail, and amenities such as a pool, fitness center, and coworking spaces. Newmark advised on the financing and joint venture capitalization.

New York City's Mayor Zohran Mamdani announced plans to rebuild the deteriorating cantilever portion of the Brooklyn-Queens Expressway (BQE) with a $4 billion project starting in 2030. The Department of Transportation will construct two elevated bypasses to maintain traffic flow and local access during the estimated 10-year renovation, aiming to extend the BQE's life by 40 years. This approach contrasts with previous proposals for full replacement and aims to avoid traffic diversions into neighborhoods. The project addresses long-standing infrastructure issues and rising costs due to delays.

Kinsmen Property Group plans to develop three mixed-use, mixed-income buildings with a total of 322 homes, including 124 affordable senior apartments, along the Bowery in Manhattan's Nolita neighborhood, New York City. The project includes ground-floor retail space and aims to address urgent housing needs while honoring the area's history. The development is currently undergoing the city’s land use review process with local support, and it replaces previous stalled plans for the site.

Circle Realty Group has finalized leases totaling 37,600 square feet at 14 Penn Plaza in Midtown, New York. Major tenants include Bohler Engineering, which expanded to 14,000 square feet with a 10-year lease, and cybersecurity firm T&M USA, which leased 14,000 square feet. Additional leases were signed by Calibre CPA Group and Fitapelli & Schaffer law firm, relocating within New York City. The property is noted for its prime location and high-quality amenities.

The article highlights the booming investment and development in the data center sector, driven by major tech companies and AI growth, alongside a resurgence in office space demand, particularly in New York City. It also notes strong activity in multifamily housing and retail sectors, with significant deals and developments in New York, Florida, and California. Rising construction costs impact all sectors, but data centers remain a hot market. Multifamily housing demand is strong due to urban growth, with new projects and financing across multiple states.

CoStar Group has completed its $800 million acquisition of Zonda, a platform specializing in new home-construction data, homebuilder software, and residential real estate marketplaces. This acquisition enhances CoStar's presence in the $400 billion U.S. new-home sales market by integrating Zonda's lot-level construction and development data, software, and builder relationships with CoStar's technology and analytics. The deal also adds Zonda's residential marketplaces NewHomeSource.com and Livabl to CoStar's portfolio, expanding its consumer marketplace business into new construction and enabling richer digital home-shopping experiences.

Regency Development Group has been actively developing boutique residential projects in Bay Harbor Islands, Florida, since 2020, focusing on smaller, private living spaces that appeal to empty nesters and those seeking privacy away from large condo buildings. Their projects include units ranging from 9 to 33 in size, with prices between $2 million and $10 million. The developer emphasizes community integration and minimizing disruption during construction in this quiet, family-oriented neighborhood.

Alta Developers sold a retail condo unit in the Quadro condo building near the Miami Design District for $17.3 million to JBL Asset Management. The 25,504-square-foot retail space is part of a 200-unit condo building completed in 2019. The Miami Design District is undergoing a major expansion including a new mixed-use building and a condo and hotel development. JBL is marketing the last remaining retail suite in the building.

Morgan Stanley Real Estate Investing views the current U.S. commercial real estate market as an attractive entry point due to a four-year downturn that has repriced assets below replacement costs, combined with reduced supply and strong macroeconomic fundamentals. Key sectors highlighted for investment include industrial, retail, and senior housing, driven by megatrends such as AI, reshaped global supply chains, and aging demographics. The firm notes that despite high interest rates, the market has adjusted, and opportunities arise from stressed capital structures forcing recapitalizations. Senior housing is particularly promising due to demographic growth and limited new supply.

Whole Foods Market has leased a 9,000-square-foot retail space in the Murray Hill neighborhood of Manhattan, New York, for 15 years. The store will feature the new Whole Foods Market Daily Shop format, offering grab-and-go meals and fresh foods. The space is part of a 35-story, 229-unit apartment tower called the Murray, developed by Kahen Properties and Lalezarian Properties. The lease was signed by representatives of both the landlord and Whole Foods, with no disclosed rent details.

The article discusses the impact of trade policy fluctuations on the industrial real estate market near the ports of Los Angeles and Long Beach, California. Despite challenges, increased shipping volume and demand from advanced manufacturing, aerospace, and defense sectors have driven strong leasing activity and rent growth in warehouse spaces. The ports are also investing in office space to revitalize downtown Long Beach and create a maritime business hub. Meanwhile, mixed-use and residential developments are underway in nearby San Pedro, reflecting a broader transformation of the coastal real estate market in Southern California.

The article discusses the importance of landlords underwriting not only retail tenants but also the tenants' customers to reduce vacancy risks and improve leasing outcomes. It advocates for a proactive approach using consumer spending and market potential data to identify the local customer base and tailor tenant outreach accordingly. A case study of a vacant restaurant space in Manhattan's Lower East Side illustrates how analyzing local consumer behavior can guide landlords and brokers in targeting suitable tenants and enhancing lease success.

A vacant development site in Manhattan's West Chelsea, previously planned for a hotel and condos by PPHE Hotel Group, was sold to T&E Development for $33.5 million. The site, with significant development potential and no affordable housing requirement, is now expected to be developed as a residential condo project targeting mid-range buyers. This sale reflects changes in New York City's regulatory environment affecting hotel projects and highlights rising condo prices in Chelsea, Manhattan.

In July, commercial real estate investment sales in Los Angeles County surged, with multifamily properties leading the market by accounting for 58% of the $2.1 billion capital deployed. Multifamily sales volume and pricing saw significant increases compared to previous years. Retail properties also experienced strong growth in both square footage and dollar volume. Industrial property sales increased in square footage but saw flat dollar volume and a slight decline in pricing. Office properties were the only major type to decline in sales volume, square footage, and pricing. Overall, the market showed robust activity despite high borrowing costs.

New York City has surpassed the San Francisco Bay Area in the number of tech workers, reaching 394,300 in 2025, driven by a diversified job market and growth in AI-related office leasing. Manhattan has seen significant office space demand from AI and tech companies, including major leases by Anthropic and Airbnb. Despite this, San Francisco remains a top tech talent hub with a higher percentage of tech jobs relative to total employment and strong AI leasing activity. The report highlights New York's resilience due to its diverse tech employment across industries and lower wages attracting East Coast headquarters.

Mattone Investors refinanced Springnex Plaza, a fully occupied 96,028-square-foot supermarket-anchored shopping center in Springfield Gardens, Queens, with a $32 million loan from Principal Financial Group. The property, developed six years ago, includes tenants such as Stop & Shop, IHOP, Ashley Stewart, and Northwell Health GoHealth Urgent Care, and sits on 5.58 acres of land. The refinancing was arranged by Northmarq representatives Robert Delitsky and Charles Cotsalas, highlighting strong lender interest in supermarket-anchored shopping centers.

The U.S. development market in early 2026 is experiencing uneven progress due to rising material costs and tariffs, with strong growth in data centers, advanced manufacturing, and life sciences, while office and retail sectors lag. Supply chain constraints and tariffs on steel, aluminum, and copper have increased prices and lead times, impacting construction timelines. Despite challenges, demand for life sciences properties remains high, with increased private nonresidential construction spending expected through 2025.

Azora Private Solutions and Vizcaya Capital sold a boutique office building in Miami's Coconut Grove neighborhood for $62.3 million, nearly $15 million above their purchase price a year earlier. The buyer is linked to El-Ad National Properties, which typically focuses on residential and mixed-use developments but is expanding into office properties. The article also notes El-Ad's recent acquisitions of a condo building in Coconut Grove and an oceanfront hotel in Fort Lauderdale, highlighting strong demand for luxury residential and office spaces in South Florida.

A joint venture between Lincoln Property Company, Saber-Hightower, and Waterfall Asset Management secured $177.25 million in acquisition financing to purchase two multifamily properties in the New York metropolitan area: the 262-unit Edgewater Harbor in Edgewater, New Jersey, and the 147-unit Trilogy Lofts at Tuckahoe in Yonkers, New York. The properties are located in transit-oriented, supply-constrained submarkets with strong renter demand and feature amenities such as retail space, fitness centers, coworking spaces, and pools. The acquisition is part of a larger $450 million purchase of four tri-state region properties totaling over 4 million square feet.

Capodagli Property Company secured $82.6 million in bridge loan refinancing for Meridia Roselle Park 10, a 325-unit Class A multifamily complex in Roselle, New Jersey. This deal completes the refinancing of a 1,340-unit multifamily portfolio across five properties in New Jersey, with a total debt of $369.5 million provided by PGIM. The refinancing strategy involved breaking a previous cross-collateralized structure into separate deals to allow flexibility for permanent financing.

New York City Mayor Zohran Mamdani plans to increase housing on Staten Island by 9.5% over the next five years, aiming for about 17,675 new homes as part of a broader citywide strategy to add 700,000 new homes in a decade to address the housing crisis. The plan focuses on fair housing growth across all five boroughs, with particular attention to Staten Island's less dense South Shore and Mid-Island areas, despite some local resistance to residential development.

Planet Fitness has signed a 10-year lease for a 14,500-square-foot retail space at the base of a new residential tower in Coney Island, Brooklyn, New York. The residential complex, developed by Cammeby's International Group and Rybak Development, includes 499 units with 30% affordable housing and features commercial and community spaces. The developers are also planning to build two additional 22-story residential buildings with 703 units in the area.

Jonathan Stein, a real estate broker at Douglas Elliman, has built a successful career since 2015, handling high-value deals including the $26 million sale of a SoHo penthouse in New York City. Originally from a small farming town, Stein combines his passion for design and architecture with his real estate work. He aspires to undertake his own development project and recently closed a waterfront property deal in Sag Harbor, New York, while his client was climbing Denali in Alaska.

The article is a personal account of Mackenzie Kyle's journey as a real estate agent in New York City, highlighting the challenges and rewards of the profession. It emphasizes the importance of building relationships, adaptability, and leveraging social media for lead generation. The narrative also touches on the competitive nature of the rental market and the value of support from a strong brokerage. The focus is on residential rentals and sales in a fast-paced urban environment, with an emphasis on client service and professional growth.

The article discusses a guide created by Atlas Invest for commercial mortgage brokers and capital advisors seeking reliable bridge lending partners for residential investment real estate. It highlights the benefits of quick term sheets and fast funding, with loans ranging from $200,000 to $7 million for property types including multifamily, mixed-use, condo, co-op, and single-family rental properties. The guide also outlines key questions to ask lenders and the underwriting process for value-add deals.

The article discusses Steven Song, founder and CEO of Diald, an AI-powered decision intelligence platform for commercial real estate (CRE). It covers various topics including the challenges of judgment-driven CRE decisions, AI underwriting, and the future of CRE analytics. The article also highlights upcoming virtual and in-person commercial real estate events focused on multifamily and single family rental sectors, with locations in New York and Florida. Steven Song is based in Los Angeles, California.

Developer Giuseppe Iadisernia secured a $50 million mezzanine loan for a 250-unit condo tower in the Oasis mixed-use development in Hallandale Beach, Florida, following a previous $112 million construction loan. The project includes residential condos, office, and retail space, with construction expected to complete next year. Hallandale Beach has seen upscale development activity, including a $273 million loan for a condo and hotel building at Shell Bay golf country club, though some projects have faced financial difficulties.

Jadian Capital purchased a 53-acre fully leased industrial outdoor storage property on Staten Island, New York, for $167 million from Kadima Industrial Partners. The site, which includes waterfront dock and train access, is leased to City Asphalt and IAA auction house. The previous owner had acquired the property in two transactions totaling $79 million and invested $10 million in capital improvements. Jadian Capital plans to continue operating the site as an industrial outdoor storage facility.

Jaime Lee, former CEO of Jamison, a prominent Los Angeles real estate developer, has joined Kennedy Wilson as senior managing director of capital markets and investments. Kennedy Wilson manages approximately $37 billion in assets and recently partnered with Jamison on a joint venture to develop 4,000 affordable housing units in Los Angeles, including converting the former World Trade Center into apartments. Lee's experience includes growing Jamison's portfolio across office, multifamily, retail, and medical properties, with a focus on office-to-residential conversions. She emphasizes the strong investment potential in multifamily housing due to constrained supply and durable demand in the current market cycle.

Rexford Industrial Realty, a Los Angeles-based industrial REIT, is selling a portfolio of properties in Southern California to EQT Real Estate for about $1.2 billion as part of a broader plan to divest $1.5 to $2 billion in non-core assets. The sale aims to improve Rexford's portfolio by focusing on properties with stronger long-term growth potential and to use proceeds for debt repayment, share repurchases, and development projects. The portfolio includes 409 properties totaling nearly 50 million rentable square feet, all located in Southern California.

Diamond Home has signed a new office lease for 7,272 square feet on the fifth floor of 20 West 36th Street in Midtown South, New York City, with a term of seven years and seven months. The building, located between Fifth Avenue and Avenue of the Americas, has an asking rent of $46 per square foot. Other tenants include Unity Building Security and Publicolor, with recent deals also involving Expanscience at a nearby location. The leases are part of ongoing renovations with move-in dates in the coming months.

Zar Properties purchased two mixed-use buildings in NoHo, New York, for $21 million, marking a quick transaction amid competitive interest driven by tech and AI tenants. The buildings, owned by the Scott family for decades, include a seven-story and a three-story structure with current tenants like an art gallery. Nearby, Minskoff Equities and Edison Properties are developing two 99-unit multifamily buildings on a former parking lot at 375 Lafayette Street.

MNRK Music Group has leased 7,629 square feet of office space on the ninth floor of the 443 Park Avenue South building in Manhattan, New York. The lease term is seven years and seven months, with an asking rent of $48 per square foot. The building houses other tenants including tech and architecture firms, as well as retail stores. It is unclear if MNRK Music's move to this location is a relocation or expansion.

Empire State Realty Trust has agreed to sell the 22-story office building at 1359 Broadway in Midtown Manhattan to Thor Equities for $218 million, slightly below the earlier asking price of $225 million. The 486,000-square-foot property is 95% occupied with tenants including Infinium Wall Systems, SLCE Architects, and Braven, and features retail spaces such as Wolfgang’s Steakhouse and Wokuni. This transaction is expected to close within the next couple of months and marks another Midtown office acquisition by Thor Equities this year.

Finmarc Management acquired two office towers in Tysons, Virginia, totaling approximately 460,000 square feet for $77.5 million, continuing its focus on office space in Northern Virginia. The acquisition, funded partly by recent dispositions of office/flex and retail assets in Virginia and North Carolina, is part of a broader strategy to reinvest $250 million to $300 million into new acquisitions. Finmarc currently manages nearly 7.5 million square feet across the Mid-Atlantic region and remains confident in the Northern Virginia market fundamentals.

L3 Capital has leased retail spaces at 108 North Sixth Street and 184-192 Bedford Avenue in Williamsburg, Brooklyn, to brands including Bylt Basics and Zara, signaling growth in the area's retail market. The properties, redeveloped by L3 Capital, are part of a broader trend of high-end retail expansion in Williamsburg, with other notable tenants like Intuit TurboTax and Hermes establishing a presence. L3 Capital continues to invest in Brooklyn's retail corridor, contributing to its transformation into a trendy shopping destination.

A joint venture led by the Miami Design District owners secured $125 million in debt to develop Sweetbird North, a mixed-use building featuring retail and office space in Miami. The project is part of a broader expansion including a condo tower, a hotel, and other developments within the luxury Miami Design District, with financing from French bank Crédit Agricole and involvement from several private equity and real estate firms.

Burlington has signed a lease for 44,070 square feet of retail space at Century Marketplace, a new retail development in Bay Ridge, Brooklyn, New York. The project involves redeveloping the former Century 21 site into a 95,000-square-foot retail center, with 65% of the space leased including a grocery store. The development is expected to open in 2028 and aims to revitalize the local commercial corridor and support the community with new jobs and increased foot traffic.

The article discusses the impact of rising interest rates on commercial real estate values and investment strategies. It highlights how cap rates have increased across various property types, leading to significant value declines, with multifamily and office properties notably affected. Investors are adapting by focusing on cash flow, operational improvements, and optionality in financing rather than relying on future rate cuts. Strategies include targeting markets with constrained supply, purchasing below replacement cost, and repurposing obsolete office buildings, especially in major cities. The environment rewards disciplined underwriting and creative capital solutions, with opportunities in lending, discounted acquisitions, and repositioning in sectors with durable fundamentals.

Aptitude Development secured $26.5 million to acquire 53 acres in Vail, Colorado, for Edwards River Park, a 440-unit residential community combining affordable rental apartments and for-sale townhouses and condominiums. The project addresses workforce housing shortages in the resort area, with entitlement approval granted in July 2025 and construction expected to start within 12 to 18 months. The development includes 276 rental apartments and 164 for-sale homes, targeting both price-capped and market-rate residents.

The article analyzes New York City's 485-x housing production program, highlighting how developers strategically limit project sizes to under 100 units to avoid increased labor costs triggered by prevailing-wage requirements. This results in many smaller projects rather than large-scale developments, with a significant portion of new housing concentrated in the Bronx and Brooklyn. The program has restarted housing construction but may hinder addressing the city's housing shortage effectively. Recommendations include reforming the program to better support larger developments and fully utilize sites while maintaining labor standards.

Investor interest in office property transactions is showing signs of revival in 2026, with preference rising to 11 percent in Q2 from 4 percent in early 2025, driven by improved clarity on valuations and optimism about office conversions. Multifamily remains the top-ranked asset class despite cooling sentiment due to oversupply in the Sun Belt. Industrial property interest increased significantly, fueled by expectations of AI-driven demand for data centers, though concerns about risks and moratoriums exist. Retail demand is also improving, especially for grocery-anchored centers. Financing remains tight but available, with stricter underwriting standards focusing on local property conditions.

Santo Taco is subleasing a 2,800-square-foot retail space at 232 Bleecker Street in Manhattan's West Village, New York, previously occupied by Dig Inn. The sublease runs until 2041, with the space managed by Meerkat Development and brokered by ManagRE. Santo Taco, founded by Santiago Perez, will open its new location next month, adding to its existing two locations in New York City.

Lincoln Property Company and Waterfall Asset Management acquired a $450 million portfolio across the New York tri-state area, including industrial, multifamily, mixed use, healthcare, and retail properties. The portfolio features the large iPark 84 industrial site, the Trilogy Lofts multifamily community in Yonkers, the Edgewater Harbor mixed-use property in New Jersey, and 761 Main Avenue in Connecticut with medical and retail space. The acquisition supports Lincoln's growth in the tri-state region and complements its national industrial, healthcare, retail, and multifamily development platforms.

Goodland Pickleball has secured two new long-term leases totaling 30,100 square feet in Class A buildings in Williamsburg, Brooklyn, and Rego Park, Queens, New York City. The Williamsburg location will be the flagship site with multiple courts and amenities, while the Queens site will feature six courts including a badminton court. These locations mark the first indoor pickleball courts in Class A buildings in the city, with openings planned for late 2026 or early 2027. Goodland currently has over 11,000 members in NYC and plans further expansion.

A joint venture between Lincoln Property Company, Saber-Hightower, and Waterfall Asset Management acquired four commercial real estate properties totaling over 4 million square feet across New York, New Jersey, and Connecticut for $450 million. The portfolio includes iPark 84, a large industrial business park in East Fishkill, NY, a mixed-use center in Norwalk, CT anchored by a medical outpatient complex, a multifamily waterfront community with retail in Edgewater, NJ, and a transit-oriented apartment complex in Yonkers, NY. The deal involved complex financing and plans for future leasing, development, and repositioning of the assets.

In the second quarter of 2026, REITs showed strong earnings, particularly in the hospitality, industrial, and office sectors, despite challenges from high interest rates and declining investor sentiment. Hospitality and hotel REITs led growth with increased cash flow driven by travel demand, while industrial REITs benefited from acquisitions and data center development. Office leasing improved significantly, especially in New York City, defying expectations of decline. However, apartment REITs faced pressure from oversupply and rent declines, particularly in Sun Belt markets. Overall, REIT fundamentals remain solid, but investor caution persists due to rising Treasury yields.

A $230 million project in Staten Island, New York, will create hundreds of affordable housing units by converting a former sanitation garage site into 232 homes, a grocery store, and public space. The project also includes new sanitation garages with sustainability features to improve city services. This initiative is part of a broader budget plan to preserve and expand affordable housing in NYC.

OCVibe is a $5 billion, 100-acre master-planned mixed-use development in Anaheim, California, transforming the area around the Honda Center into a vibrant district with over 2,000 apartments, 170,000 square feet of office space, two hotels, dining concepts, parks, and entertainment venues. Privately financed by the owners of the Anaheim Ducks, the project emphasizes placemaking, flexible office space, and year-round activity to support both event attendees and local residents, with phased construction continuing through 2030-2031.

Pinnacle Group sold its leasehold rights to a 173-unit apartment building at 323 West 96th Street on Manhattan's Upper West Side to Lightstone Group for approximately $88 million. The sale included a 50 percent stake in the land rights and followed Pinnacle's bankruptcy filing of a large rent-stabilized apartment portfolio in New York City. This transaction is part of Pinnacle's broader effort to offload assets amid significant debt, including a recent $128 million sale of a condominium and commercial portfolio in New York City boroughs.

The New York City Council held a hearing to evaluate the controversial pied-à-terre tax targeting second homes in the city, amid criticism of its flawed rollout and privacy concerns. The tax affects single- to three-family homes over $5 million and co-ops and condos over $1 million, aiming to generate government revenue. Despite legal challenges and public outcry over the publication of personal information, the city is moving forward with implementation, with further hearings scheduled.

Vivienne Westwood is planning to open a boutique in a historic three-story building in Miami Beach, Florida, which it purchased for $6 million in 2024. The renovation will preserve the building's 1921 Art Deco and Mediterranean Revival style while adding modern elements, including retail space, executive offices, a bridal showroom, and a rooftop deck. This move aims to revive high-end retail in South Beach, an area that previously hosted luxury boutiques but saw many close or relocate to other upscale shopping districts.

The article profiles Vickey Barron, a highly experienced and award-winning real estate broker based in New York, highlighting her career achievements, philosophy of service over commission, and memorable deals. It emphasizes her dedication to helping clients, her long-term client relationships built on trust, and her influences and inspirations in the real estate industry.

College House has expanded its platform to offer investors and operators direct access to Green Street's investment analytics focused on the U.S. student housing sector. This integration provides detailed metrics such as cap rates, occupancy, and supply, along with a proprietary University Grades scoring system to assess rent growth potential at nearly 180 U.S. schools. Despite recent declines in asset values and slowing construction, capital is cautiously returning to student housing, with activity below 2022 levels and growth expected to be modest over the next two years.

SecurityScorecard, a cybersecurity risk management firm, has renewed its five-year lease for an 8,475-square-foot office space at 1140 Avenue of the Americas in Midtown, New York City. The renewal reflects the company's growth and commitment to the city, with the office offering modern amenities and a prime location. The landlord, American Strategic Investment Company, also leased space to Epic Insurance in the same building earlier in the year.

Arrow Real Estate Advisors, a capital markets advisory firm founded in 2024, has expanded its team by adding Ari Mandelbaum as a director to enhance its multifamily debt placement business. Mandelbaum brings extensive experience from Greystone and Dwight Capital, focusing on negotiating multifamily loans and helping borrowers with alternative financing strategies. His recent work includes a $36 million bridge loan for a multifamily property in Moreno Valley, California. This addition follows the hiring of Jeff Weinberg as managing director, signaling Arrow's growth in commercial real estate capital markets.

Stonemont Financial Group and Cerberus Capital Management secured a $672 million refinancing deal for an industrial outdoor storage portfolio, marking the largest financing in the IOS sector. The portfolio includes 78 properties across 830 acres in 33 unspecified U.S. markets. The financing was originated by Realterm and Starwood Property Trust, highlighting strong demand and favorable rent dynamics in the industrial outdoor storage sector compared to traditional big-box distribution. The sector continues to attract significant capital due to its unique supply and demand characteristics and above-market rent performance.