Commercial Real Estate

Hallandale Beach – September 22, 2026 -- The Hallandale Beach Community Redevelopment Agency (HBCRA) has authorized up to $11.2 million in proposed payments to Vessel Technologies to build 53 affordable homes across two HBCRA-owned properties, marking the housing product company's first-ever partnership with a community redevelopment agency and its entry into South Florida.

HBCRA board approves two-site affordable housing package on September 14

The HBCRA Board of Directors voted at its September 14 meeting to move forward with Vessel on developments at 128-132 S.E. 2nd Terrace, planned for 23 units, and 414 S.E. 3rd Ave., planned for 30 units. Both sites are HBCRA-owned properties identified for affordable housing redevelopment, putting underutilized land back into productive use.

Virginia – – September 22, 2026 -- Virginia Housing has named Davon Gray and Michael Olivieri to its Board of Commissioners, the panel that sets policy, approves budgets and oversees operations for the state's public mortgage and housing finance authority.

Gray brings 25 years of advocacy and policy strategy to the board

Gray currently serves as Vice President of Policy for Purpose Built Communities. He previously held roles at the American Institute of Architects, including Managing Director of Advocacy and Engagement programs. A 12-year veteran of the U.S. Army National Guard and Reserves, Gray holds a bachelor's degree in political science from the University of Southern Mississippi and a master's degree in public administration from DeVry University.

Cleveland – September 22, 2026 -- Inglewood Associates and Gordon Brothers confirmed that the court-appointed Receiver overseeing the sale of 925 Euclid Avenue in Cleveland has not selected a stalking horse bidder, despite months of marketing the 1.45 million-square-foot historic tower.

Bidders opt for open auction over stalking horse role

Phoenix – September 22, 2026 -- Cosign, a third-party guarantor platform and cosigner alternative, has launched in the Phoenix-Mesa-Chandler metro area as apartment vacancy in the region holds near a post-Great Recession high of 10.8%, according to CoStar data cited by the company.

Vacancy remains elevated despite pullback from 12.6% peak

Maricopa County and the broader Phoenix-Mesa-Chandler MSA rank among the nation's top 10 highest-vacancy markets, alongside Sun Belt peers Austin, Charlotte and San Antonio. Asking rents in the metro fell 1.2% over the past year, and operators are increasingly turning to concessions, with 10 or more weeks of free rent now common at newly built communities.

Lebanon, New Hampshire – September 22, 2026 -- Nuveen Green Capital (NGC) has closed $23.2 million in Commercial Property Assessed Clean Energy (C-PACE) financing for The Brickyard development in Lebanon, New Hampshire, marking the first C-PACE transaction ever completed in the state.

Financing package totals $55 million across three capital partners

The C-PACE assessment closed alongside a $31.5 million senior construction loan from Silver Heights Capital, bringing the total financing package to $55 million. Kay Finance arranged the debt structure, with Eitan Rozenberg leading the process on behalf of the developer.

Folsom, Calif. – September 21, 2026 -- Silverback Capital Inc. has launched a Second-Look Fix-and-Flip Pricing Program offering qualified California investors a 7.99% APR with a 12-month term through October 31, 2026.

Program targets investors comparing existing lender term sheets

The limited-time offer applies exclusively to business-purpose, non-owner-occupied fix-and-flip transactions in California. Investors can submit an existing term sheet to Silverback Capital for a confidential, like-for-like review covering interest rate, lender points, fees, initial loan proceeds, rehabilitation holdback, leverage and total estimated financing cost.

Aliso Viejo, Calif. – September 20, 2026 -- Sunstone Hotel Investors, Inc. (NYSE: SHO) will release its third quarter 2026 financial results on Friday, September 20, 2026, before market open.

Management sets conference call for 12:00 p.m. Eastern Time on results day

The lodging REIT's leadership team will host a quarterly conference call at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) the same day to discuss the Q3 2026 performance with investors and analysts.

Company offers dual access via webcast and dial-in line

A live webcast will stream through the Investor Relations section of Sunstone's website, with a transcript archived afterward for reference. Investors can alternatively dial 1-833-461-5787 and reference Meeting ID 981 061 229 to join the live call.

New York – September 20, 2026 -- Galvanize Real Estate has acquired a four-property, 300,000-square-foot industrial portfolio in Milpitas, California, marking the sustainable real estate strategy's first entry into the state and expanding its nationwide footprint to 3.5 million square feet.

Acquisition targets East Bay's Interstate 880 corridor near advanced manufacturing hubs

The Milpitas Portfolio sits in an infill submarket along the I-880 East Bay corridor, an area Galvanize Real Estate (GRE) executives cite for its proximity to fast-growing advanced manufacturing, skilled labor availability, transportation access, and limited new industrial supply. Nadine Anderson, Managing Director of Acquisitions at GRE, said the four assets will be upgraded to become higher-performing and higher-power to attract tenants.

Seattle and Austin, Texas – September 20, 2026 -- Zillow and Realtor.com have simultaneously launched Preview, a pre-market listing feature giving buyers on both platforms identical early access to homes before they hit the MLS, without requiring any brokerage relationship or special login.

The rollout, first announced as a collaboration in May, marks what the companies call the largest pre-market syndication effort in U.S. residential real estate. Listings are labeled as Preview on both sites and appear to buyers at the same time regardless of platform.

More than 400 brokerages have already enrolled in Zillow Preview

Zillow said over 400 brokerage partners are participating, including Keller Williams, RE/MAX, Leading Real Estate Companies of the World, HomeServices of America, Berkshire Hathaway HomeServices, United Real Estate, Engel & Völkers and Side, with listing volume continuing to grow.

Irvine, Calif. – September 20, 2026 -- U.S. lenders repossessed 5,794 properties through completed foreclosures in August 2026, a 42 percent jump from a year earlier and the sharpest annual increase among all foreclosure metrics tracked by ATTOM.

Total foreclosure filings climb 13 percent year over year to 40,277 properties

ATTOM's August 2026 U.S. Foreclosure Market Report counted 40,277 properties with default notices, scheduled auctions or bank repossessions, up 1 percent from July and up 13 percent from August 2025. Nationwide, one in every 3,569 housing units had a foreclosure filing during the month.