The Trump administration announced yesterday that it will not renew the U.S.-Mexico-Canada Agreement (USMCA).
Subscribe to get the latest posts sent to your email.
Real Estate Financing Strategies for Homeowners & Investors
Stay informed with expert insights on HELOC loans, cash-out refinancing, DSCR investor loans, fix and flip financing, and real estate investment strategies.
We’re smitten with this 3-bed beauty that was just snapped up in The Beaches. At 138 Lee Avenue, the layout runs across 2½ storeys plus a finished basement — four usable floors in total. The main floor opens from a tiled foyer into a living room with an electric fireplace and stained glass detail, through…
Keep readingThe data center industry does not have a communication problem. It has a transparency problem. Across the country, projects are being delayed, contested and, in some cases, stopped before construction begins. The common thread is not always power or water. It is process. Communities are finding out too late, with too little information, about projects…
Keep readingYou can trace the history of Mountain Shore Properties back to the 1980s, when the firm had no name and was run by Stephen Wendell’s father, Charlie Wendell. In 1983, the older Wendell founded the company by opening his first Holiday Inn hotel in Oak Hill, W.Va., not far from where he was born and…
Keep readingFor decades, commercial real estate underwriting has revolved around one central question: Do the numbers work? Investors scrutinize rent rolls, operating expenses, cap rates, financing assumptions and projected returns in pursuit of the answer. Financial models have become increasingly sophisticated, enabling market participants to evaluate opportunities faster and with greater precision than ever before. Yet…
Keep readingParents’ back-to-school budgets are up nearly 12 percent this year, according to JLL’s 2026 Back-to-School Survey, and that’s good news for discount stores. The report, released Thursday, saw the dollar store sector enter the survey’s top 10 list of parents’ most-cited shopping destinations. The sector’s rising star comes as Americans continue to tighten belts in…
Keep readingAn auto parts distribution company is expanding in Southern California and has signed a lease to take over a 522,267-square-foot industrial building in the Inland Empire. The lease agreement with landlord Invesco is valued at more than $42 million, according to Daum Commercial Real Estate Services, which announced the deal Thursday and represented the tenant…
Keep readingWashington, D.C.’s office market recovery is becoming more concentrated within the cream of its crop. D.C. office leasing reached roughly 2 million square feet during the second quarter, the highest quarterly volume since 2024, according to Savills. Law firms alone leased about 600,000 square feet, and some large occupiers completed transactions, but the broader market…
Keep readingThe fourth and final tower in a decade-long, multiphase development in Westchester County just secured construction capital. Israel-based development firm Azorim has secured $68.75 million in construction financing to build Miroza Tower 4, a 14-story, 174-unit luxury apartment tower that will complete the Miroza at Ridge Hill master-planned development in Yonkers, N.Y. Western Alliance Bank…
Keep readingIt’s still not “back,” but it’s getting more difficult to say Los Angeles’ office market is “dead.” Tenants signed for nearly 4 million square feet of office space across Greater L.A. in the second quarter, according to a new report from Savills. That’s almost 15 percent more than the previous quarter, and almost 8 percent…
Keep readingIn a real sense, today’s rate update is more of an addendum to yesterday’s rate update. Yesterday afternoon saw heavy, continued selling in the bond market amid a flood of trading associated with the end of the quarter. Because mortgage rates are directly based on the bond market, this resulted in multiple lenders raising rates…
Keep readingA GFP Real Estate-managed mixed-use building in Manhattan’s Flatiron District has changed hands. GFP manages the 12-story property at 118 West 22nd Street for owner Adlie Associates, which sold the building to Zar Property NY for $28 million, with a $19.6 million financing package from Filler Capital, according to property records made public Wednesday. Adlie…
Keep readingThe U.S. Court of Appeals for the Second Circuit yesterday upheld New York City and New York State laws that restrict the use of gas-powered and other fossil-fuel-powered appliances in new construction.
Keep readingSilver Creek Development has secured $31.4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan for the developer’s 2021-built office property at 1715 West Elliot Road in Gilbert, Ariz. The complex is fully leased to Northrop Grumman, a global aerospace and defense…
Keep readingLeFrak has sold four rent-stabilized multifamily properties in southern Brooklyn for $38 million, Commercial Observer has learned. The developer offloaded more than 300 units in what is known as its Parkway Portfolio in Brooklyn’s Bensonhurst and Midwood neighborhoods to Avi Singer’s HF NYC, sources familiar with the deal told CO. J.P. Morgan Chase provided a…
Keep readingAttention, Queens shoppers, you’re about to get another Target. The retail giant with over 2,000 stores in the U.S. is about to add another location in the busy borough of Queens. Target inked a 15-year, 135,000-square-foot lease at the Rego Park Shopping Center at 61-35 Junction Boulevard in Rego Park, property owner Alexander’s announced Monday. …
Keep readingWith the recent 7-1 vote by the New York City Rent Guidelines Board (RGB) to freeze rents for both one- and two-year leases on rent-stabilized apartments in the city, two things seem likely. The first is that, from offering free child care to freezing the rents, New York City Mayor Zohran Mamdani seems determined to…
Keep readingBrooklyn-based developer Elmord Management has landed $72.3 million of acquisition and construction financing to build a multifamily development at a former industrial site in Long Island City, Queens, Commercial Observer has learned. BridgeCity Capital originated the loan for the developer’s planned 161-unit project at 44-68 Vernon Boulevard in Hunters Point. Elmord acquired the property for…
Keep readingA day before a major California housing bill goes into effect on July 1, two prominent commercial real estate firms announced a partnership to build thousands of new apartments in Los Angeles. Global investment firm Kennedy Wilson and Jamison, perhaps L.A.’s most active adaptive reuse firm, on Tuesday launched a joint venture with plans for…
Keep readingBenchmark Real Estate Group has sealed $44.5 million of commercial mortgage-backed securities (CMBS) debt to refinance a multifamily property in Manhattan’s East Village, Commercial Observer has learned. Citigroup provided the CMBS loan for the 61-unit, six-story apartment building at 194 East Second Street that Benchmark acquired from Skyline Developers in 2024 for $43 million. JLL…
Keep readingA multifamily investment firm has closed two financing vehicles that combine for $54.2 million for two Class A apartment developments in Virginia. Bonaventure announced Monday that 86 investors committed equity to two Delaware Statutory Trust offerings, which are investment structures that allow multiple investors to own fractional interests through a trust rather than owning a…
Keep readingHSF Kramer’s Seth Niedermayer has a front row seat to the rewiring of U.S. real estate investment. The law partner currently has 17 deals on his plate, the majority of which have private equity in the driver’s seat. Among those transactions are partner-side joint ventures, representations for lenders and borrowers on construction loans, and a…
Keep readingMortgage rates ended last week at the lowest level since May 14th. Most of the recent drop happened last Wednesday, but each day since then has added a microscopic improvement. Today was no exception with the 30yr fixed rate index falling a mere 0.01%–the lowest increment we measure. The calendar of economic events was completely…
Keep readingRené Morkos, founder and CEO at ALICE Technologies, which is billed as the world’s first artificial intelligence-powered construction optimization platform, is no stranger to AI, contech or proptech. However, he is catching up to the benefits of his company’s new alliance with McKinsey & Company, which was announced in April. A Stanford-trained engineer with a…
Keep readingA lot of real estate professionals had hoped that much of the rhetoric coming from Zohran Mamdani when he was running for mayor last fall was just that — rhetoric. When stuff got real, cooler heads would prevail, many believed. And while policy might be a little harder on the industry than it was under,…
Keep readingCalifornia voters will decide in November if the state will make it more difficult for cities to raise local taxes similar to Los Angeles’ 3-year-old Measure ULA “mansion tax” via the ballot box. State lawmakers on Thursday advanced a measure that would require some special taxes to receive support from two-thirds of voters, rather than…
Keep readingMortgage rates officially hit their lowest level in more than a month yesterday with MND’s 30yr fixed index falling to 6.53% from 6.55% on Wednesday. Today was completely unchanged at 6.53%, thus maintaining the lowest level since May 14th, 2026. There weren’t any dramatic developments behind the scenes in term of economic data or news…
Keep readingWhile enjoying a beautiful summer evening atop New York City’s famed 120 Broadway, home of the Banker’s Club, Commercial Observer raised its glass Thursday evening to the honorees of this year’s Power Young Professionals awards. This year, CO highlighted 75 outstanding young professionals who have been making their mark on the real estate industry as…
Keep readingThis piece was originally published on Forbes on June 8, 2026. Gen Z is coming of age in an economy where the traditional path to prosperity no longer works, and instead of giving up, they’re beginning to build new ones. For 70 years, the American Dream followed a predictable sequence: school, job, promotion, mortgage, house,…
Keep readingNAHB has released a new guide on financing missing middle housing. The guide is designed to help builders, developers and lenders better understand why these projects often struggle to secure financing and what can be done to close the gap.
Keep readingA Target-anchored shopping center in Southern California’s San Gabriel Valley has secured refinancing, Walker & Dunlop announced Thursday. Wells Fargo provided $46 million in fixed-rate, interest-only permanent financing for the 336,718-square-foot Rosemead Place in Rosemead, Calif., in Los Angeles County. PropertyShark lists MPM Partners, run by Herbert Yang, as the property’s owner. The shopping center…
Keep readingSomething went wrong. Please refresh the page and/or try again.
Stay updated with strategies on HELOC loans, cash-out refinance, DSCR investor loans, and real estate investing opportunities.
Enter your email to subscribe
Leave a Reply