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August 19, 2025
Lender takes possession of struggling San Diego mall conversion project
Lender AllianceBernstein has taken possession of the Campus at Horton project that failed to sell at auction after developer Stockdale Capital Partners fell behind on loan payments for its $550 million redevelopment of the former Westfield mall in downtown San Diego.
August 19, 2025
REIT nabs high-profile Dallas retail center as investors chase 'internet-resistant' properties
A real estate investment trust's off-market purchase of a high-profile shopping center in Dallas near Southern Methodist University comes at a time when "investors can't get enough of these properties," the broker marketing the site told CoStar News.
August 19, 2025
New construction pushes Sarasota, Florida’s multifamily vacancy to decade high
Sarasota, Florida’s multifamily market is under pressure as new construction outpaces renter demand, driving vacancy rates to their highest levels in nearly a decade.”
August 19, 2025
Why investors are buying into this sleepy California farm belt town
Lathrop, a town in California’s Central Valley farming region, began in the 1870s as a stop on the transcontinental railroad. It's prone to flooding and extreme heat in the summer, and has no downtown or public transit. The highlight of the town’s nightlife is a friendly dive bar called the Fireside Inn.
August 19, 2025
Amazon grows Manhattan office footprint with latest blockbuster WeWork deal
Amazon is poised to nearly double its space in a Midtown Manhattan office tower as part of a coworking partnership with WeWork, an agreement that has allowed the tech giant to quickly and flexibly stretch its office footprint nationally.
August 19, 2025
Automotive Properties REIT to acquire dealerships in Canada and the US
Automotive Properties Real Estate Investment Trust struck a pair of deals to buy a portfolio of five car dealerships and an auto body repair centre in the Montreal area and an auto sales outlet in Orlando, Florida.
August 19, 2025
Mesirow sells apartments north of Chicago for $100 million, marking highest 2025 price in suburbs
A Chicago investor has paid $100 million for a 294-unit apartment complex north of the city, the highest-priced suburban sale thus far in 2025.
August 19, 2025
Michigan strip center sells for $6.5 million
Mill Valley Center, a fully-leased retail strip center in Milford, Michigan, traded hands for $6.5 million.
August 19, 2025
Luxembourg company snaps up SoHo building
A Luxembourg-based company has scooped up a mixed-use building in New York’s SoHo neighborhood, a retail mecca, for $21 million.
August 19, 2025
Empty office space tends to concentrate in a small number of buildings — but that number is rising
It has long been true that most of the vacant office space in a market is concentrated in a relatively small number of buildings. But these days, high-vacancy buildings account for an even more disproportionate share of this unused space than five years ago.
August 19, 2025
Los Angeles multifamily rent growth remains stubbornly low
For the past eight consecutive quarters ending in the second quarter of 2025, rent growth in Los Angeles has registered modest gains, with increases of less than 1% each quarter. This represents the longest sustained period of muted growth in the past 10 years of CoStar’s record during which the quarterly growth rate consistently remained within a narrow 50-basis-point range.
August 19, 2025
Investment firm Sixth Street offers to acquire Plymouth Industrial REIT
Boston’s Plymouth Industrial REIT has received a nonbinding offer for the firm to be acquired by its strategic partner, global investment firm Sixth Street Partners.
August 19, 2025
Downtown Seattle leads Puget Sound region in apartment demand
Seattle's most central areas have seen the greatest increase in occupied units over the past year.
August 19, 2025
Housing group buys Northern Virginia complex, plans to relocate seniors from aging facility nearby
A housing group plans to relocate residents from a 1970s-era senior living complex to a newer multifamily property it bought nearby in Alexandria, Virginia.
August 19, 2025
Georgia Apartment Association to induct Virginia Love into its Hall of Fame
The Georgia Apartment Association has picked an industry veteran with more than three decades of experience as the newest member of its Hall of Fame, which recognizes individuals for their contributions to the state's multifamily industry.
August 19, 2025
Supply surge continues to challenge Fort Myers, Florida, multifamily market
The Fort Myers, Florida, multifamily sector remains under pressure as new construction continues to outpace renter demand, pushing vacancy rates to decade highs and eroding rent growth.
August 19, 2025
Vacancy rises in almost every size segment of the New Haven industrial market
Like many markets across the United States, the industrial market in New Haven, Connecticut, continues to weaken. The first half of 2025 opened with more than 650,000 square feet of negative net absorption — the difference between move-ins and move-outs — and absorption has been negative for eight of the preceding 10 quarters.
August 19, 2025
How to deliver experiential travel to hotel guests
NASHVILLE, Tennessee — Guests are increasingly craving unique experiences out of their hotel stays, whether that comes in the form of a one-in-a-kind property or offerings that are specific to that hotel.
August 19, 2025
The new landscape of understanding current hotel demand patterns
NASHVILLE, Tennessee — Guest booking behaviors are no longer what they used to be. Pandemic- and recovery-era patterns have merged with current economic trends to make a revenue manager's job more complex.
August 19, 2025
Turner & Townsend adds senior trio to UK real estate team
Global professional services firm Turner & Townsend has added three senior recruits to its UK real estate business. The trio joins its project management consultancy team.

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