
CRE News
The latest commercial real estate news and developments.



TPG Angelo Gordon and Matterhorn Launch $900M Industrial JV Targeting Chicago, Midwest
Matterhorn Venture Partners and TPG Angelo Gordon have formed a joint venture with $300 million in equity and over $900 million in buying power to acquire and reposition industrial assets across the Chicago metro and broader Midwest.

House Passes Housing for the 21st Century Act in Landslide 390-9 Vote
Bipartisan housing legislation backed by over 70 industry groups cleared the House with near-unanimous support, expanding CDBG and HOME program eligibility while pushing zoning modernization grants and manufactured housing reforms.

Fortress Originates $96M Loan for 296-Unit DTLA Apartment Complex
Fortress Investment Group provided a $96 million refinancing for Cityview's Jasper apartment building in Downtown Los Angeles, a 296-unit property that opened in 2023 amid a wave of new multifamily deliveries.

Brookfield Secures $800M Refinancing for 225 Liberty Street, Injects $172.5M in Fresh Equity
Brookfield Properties locked in a five-year, $800 million CMBS loan for its 2.4-million-square-foot tower at Brookfield Place, contributing $172.5 million in fresh capital to replace a maturing $900 million mortgage.

Hyatt Studios Brand to Debut in North Phoenix as Glendale Industrial Asset Trades for $90.6M
Caliber Companies is bringing the first Hyatt Studios extended-stay hotel to north Phoenix as part of a 15-hotel pipeline, while a 566,000-square-foot industrial building near Glendale sold for $90.6 million.

TMG Partners and Bridges Capital Acquire San Francisco's 320,000-SF Metreon
TMG Partners assumed the ground lease on the four-story Metreon shopping center in downtown San Francisco, a 92% leased property previously assessed at $150.7 million, with plans to rebrand the fourth-floor event space.

Three Developers Compete for $716M Riviera Beach Waterfront Redevelopment
Forest Development, Sonnenblick Development, and Related Urban are vying for the rights to redevelop a 90-acre waterfront corridor in Riviera Beach, with proposals ranging from a $716 million convention center complex to a Margaritaville-branded resort.

Hall Group Plans $140M Office Tower in Frisco as Jackson-Shaw Lands Data Center Supplier
Hall Group is building a 677,000-square-foot office tower at its $7 billion Hall Park campus in Frisco, while Jackson-Shaw signed a 606,000-square-foot build-to-suit in Georgetown for a data center equipment manufacturer.

Why the Best CRE Teams Are Ditching InDesign for Offering Memorandum Software
Creating a commercial real estate offering memorandum used to mean weeks of back-and-forth with designers. A new generation of purpose-built OM software is cutting that timeline to hours — and brokers say the results are better.

Phoenix Industrial Vacancy Posts Largest Drop in Four Years as Demand Rebounds
Phoenix's industrial vacancy rate fell 90 basis points in Q4 2025, its sharpest quarterly decline since 2021, as logistics and advanced manufacturing tenants absorbed 4.4 million square feet across the Valley.