October 13, 2025
AI startups chip away at San Francisco's sublet availability with latest expansion deal
San Francisco's booming base of artificial intelligence startups is quickly whittling away at the city's once-record amount of sublet space.
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October 13, 2025Thousands of hotels face refinancing pressure, creating risks and opportunities in the years ahead
The U.S. hotel industry is heading toward a critical refinancing window as commercial mortgage-backed securities (CMBS) near maturity. Between October 2025 and December 2028, loans on roughly 1,900 hotels with 315,000 rooms will come due, with nearly $800 billion in outstanding debt. The average interest rate across these loans is 6.5%, reflecting a lower-rate origination environment that will be difficult to replicate in today’s more restrictive lending climate.
October 13, 2025Joint venture refinances industrial portfolio near Miami International Airport
East Capital Partners and ABR have secured a $30 million refinancing for the joint venture’s Palmetto Industrial Park located a few miles north of Miami International Airport.
October 13, 2025San Diego office market limps into the end of the year
Recent months have done little to change San Diego’s office narrative. The vacancy rate has climbed unabated to over 13% at the end of the third quarter, marking the highest level since 2011. While the national vacancy rate is roughly 100 basis points higher than San Diego’s, the year-over-year change to vacancy was eight times greater in San Diego.
October 13, 2025Solar-powered tower in Miami reaches for the sun after latest construction milestone
The Residences at 1428 Brickell, a new condominium project that developer Ytech says is the first residential tower in Miami to incorporate solar-powered glass into the building’s design, has gone vertical after completing a foundation pour.
October 13, 2025Prologis snags tenant to backfill Savannah, Georgia, distribution center
Prologis has signed a tenant to backfill a distribution center it owns in Savannah, Georgia, in the market's largest industrial lease of the third quarter, according to CoStar data.
October 13, 2025Investment volume in Boston decreases slightly in the third quarter of 2025
Investment activity in Boston declined slightly during the third quarter of 2025. Preliminary figures show that total transaction volume across office, retail, industrial and multifamily properties reached $2.2 billion, representing a 15.4% drop from the second quarter’s $2.6 billion.
October 13, 2025Dallas-Fort Worth's northern submarkets see high volumes of industrial trading
Submarkets that are at the forefront of Dallas-Fort Worth’s booming population growth have been driving buyer interest in the industrial market. Over the last 12 months, areas like Lewisville and the Alliance area have reported a quarterly average turnover of more than 2.5%. These spots are strategically located in between the main urban center and major pockets of population growth in nearby Denton and Collin County and often have nearby access to key pieces of infrastructure like air or rail transportation.
October 13, 2025The Lodging Conference 2025
Hotel executives met in Phoenix for the 2025 edition of The Lodging Conference to discuss takeaways from how the year has gone for hoteliers to the trends they see heading into 2026.
October 13, 2025Midwest's first vertical warehouse for sale in Chicago
The Midwest’s first modern-age vertical warehouse is for sale about a year after the speculative project was completed on the edge of Chicago’s Goose Island.
October 13, 2025New Jersey developers acquire multifamily property in hometown
Edgewater Towne Center Apartments, a 64-unit multifamily building, is under new local ownership after Daibes Enterprises, based in Edgewater, New Jersey, completed a $53.2 million deal, or $831,250 per unit.
October 13, 2025Partners hires 15 in Atlanta; CBRE names new Cincinnati leader; Cushman promotes broker to vice chair
Partners hires 15 in Atlanta; CBRE names new Cincinnati leader; Cushman promotes broker to vice chair
October 13, 2025Las Vegas highs fade as hotel performance enters a cooling cycle
After three years of strong post-pandemic recovery, Las Vegas hotel performance has cooled notably in 2025, with all key key performance indicators slipping into negative territory. Data year to date through August shows revenue per available room, or RevPAR, down 11%, reversing the nearly double-digit growth streak of 2024 during the same time frame.
October 13, 2025ArtBliss unveils Forme appliquée (Historique), a work by Joseph Kosuth
At 4 place des Victoires, Paris1er, the ArtBliss artistic consultancy has accompanied the installation of Forme appliquée (Historique), a work by Joseph Kosuth, one of the leaders of conceptual art in the United States, who is credited with a neon artistic intervention on the medieval ramparts of the Louvre.
October 13, 2025Knight Property sets up 'next generation of leadership' with director hire
Real estate firm Knight Property Group has appointed James Barrack Jr as a director.
October 13, 2025Philadelphia's retail slowdown hits city rents harder than the suburbs
Philadelphia's retail rent growth has slowed in recent quarters, matching a nationwide pattern. A wave of store closures has swept through the metropolitan area, with Rite Aid, Party City, Walgreens and Big Lots shuttering multiple locations. The slowdown has hit the city and suburbs differently, driven by changing shopping habits and contrasting population trends.
October 13, 2025Developer seeks green light for 69-floor residential high-rise in Toronto
Elysium Investments is seeking permission from the city of Toronto for a 69-floor downtown rental tower that would be one of the tallest residential structures in Canada, add hundreds of units to the Church-Wellesley neighbourhood and preserve historic city homes.
October 13, 2025National contractor behind Las Vegas Sphere, Reagan Airport concourse signs lease in Maryland
A national mechanical contractor who has worked on such well-known projects as the Las Vegas Sphere, U.S. Bank Stadium in Minneapolis and the north concourse at Reagan National Airport in Arlington, Virginia, has signed a lease for warehouse space in Upper Marlboro, Maryland.
October 13, 2025Industrial construction starts in Houston already at a three-year high
Houston often marches to the beat of its own drum, and industrial activity is no exception. While developers in most major markets remain largely on the sidelines due to the challenging financing environment, that is not the case in the Bayou City.- October 13, 2025
5 things to know for Oct. 13
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