Commercial Real Estate

Riyadh – October 05, 2026 -- Mnzil, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built workforce housing across Saudi Arabia, targeting up to 50,000 worker beds.

Partners split roles across operations, development and fund management

Mnzil will act as strategic partner and exclusive operator of the portfolio, TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager under its Capital Market Authority license (25315-32).

Raleigh, N.C. – – October 05, 2026 -- Self-storage operator 10 Federal has installed a formal executive leadership team effective September 28, 2026, naming Geoff Hayth President and Chief Customer Experience Officer, hiring Beau Agnello as Chief Operating Officer from Go Store It, and promoting Brian Oakley to Chief Technology Officer, as the company prepares for an accelerated growth phase across acquisitions and third-party management.

Four-person executive team now reports directly to Co-CEOs Brad and Cliff Minsley

Hayth, Agnello and Oakley join Chief A.I. Officer Christopher Taylor, appointed in April, to form the company's first formal executive bench. Hayth continues to lead DaVinci Lock, the 10 Federal-founded access control platform he has run since 2022 and which is now used in one of every six storage facilities nationwide. He previously spent eight years at Extra Space Storage, most recently as Director of Operations.

St. Louis – October 02, 2026 -- DOOR (OTC: LTCH) has finalized a settlement with the U.S. Securities and Exchange Commission, closing a four-year investigation into legacy revenue recognition and key performance indicator practices with a $1.0 million civil penalty payable in quarterly installments.

SEC closes investigation that began in 2022

The SEC approved the previously disclosed settlement, which the Company first announced in principle on October 02, 2026. DOOR consented to an administrative order without admitting or denying the regulator's findings.

Company filed seven years of restated financial statements

Since late 2024, DOOR has filed seven years of financial statements, including restated prior periods, becoming current with its SEC reporting obligations in February 2026 for the first time since mid-2022.

Irvine, Calif. – October 01, 2026 -- U.S. home flippers earned a typical gross profit margin of 21.5 percent in the second quarter of 2026, down from 25.7 percent in the prior quarter and 27.6 percent a year earlier, according to ATTOM's Q2 2026 U.S. Home Flipping Report.

Investors flipped 77,991 single-family homes and condominiums in the quarter, representing 6.2 percent of all home sales nationwide. That flipping rate fell sharply from 8 percent in the first quarter of 2026 and from 7.3 percent in the second quarter of 2025, even though the raw volume of flips rose from 64,760 the previous quarter. Volume remained below the 80,477 flips recorded a year earlier.

Somerset, N.J. – October 01, 2026 -- Infrastructure AI has introduced Agentic Asset Valuation, a new capability of its Galaxy Agentic Operating System (GAOS) designed to convert real-time building and infrastructure operating data into financial-grade intelligence for underwriting, insurance, and investment decisions.

Platform shifts valuation from periodic snapshots to continuous monitoring

Commercial buildings have traditionally been valued through periodic appraisals, comparable transactions, and engineering reports that capture a single point in time. GAOS instead uses governed AI agents to interpret operational data from HVAC equipment, pumps, elevators, electrical systems, and energy-management technologies, which Infrastructure AI says can reveal equipment condition, maintenance quality, reliability, and future capital needs.

Panama City – September 30, 2026 -- Mercan Group has broken ground on Albor at Santa María, a 48-story, 200-unit residential tower marking its first housing development in Panama and pushing the Canada-headquartered developer's country portfolio past US$200 million.

Panama tightens Qualified Investor real estate thresholds

The groundbreaking follows Executive Decree No. 17, issued September 8, 2026, which keeps the minimum investment for new, first-sale real estate at US$300,000 while setting a US$500,000 threshold for secondary-market properties under Panama's Qualified Investor Program. The decree also adds new investment alternatives and streamlines application procedures.

Atlanta – September 30, 2026 -- Firestone Partners and Matterhorn Venture Partners ('MVP') have acquired a 14,400-square-foot, six-suite small-bay industrial building at 4710 Ecton Drive in Marietta, GA, delivering 100% occupancy at closing after executing a new lease for the property's two vacant suites.

Partnership expands Atlanta footprint with second joint acquisition

The deal marks the partnership's second Atlanta-area purchase, following 1717 Koppers Road in Conley, GA. The Marietta property sits in the Woodstock/Canton submarket of North Atlanta, an infill industrial corridor the firms describe as supply-constrained, with direct access to the I-75/I-575 corridor.

Riyadh – September 30, 2026 -- Dar Global, the London-listed luxury developer, posted a 66% revenue increase to US$258.0 million for the six months ended June 30, 2026, up from US$155.4 million in HY 2025.

Net profit more than doubles as margins widen across the portfolio

Gross profit climbed 85% to US$87.7 million, lifting margins to 34% from 31% a year earlier. EBITDA rose 73% to US$46.3 million, while net profit surged 149% to US$30.4 million from US$12.2 million, driven by revenue recognition on The Astera, Interiors by Aston Martin, and Neptune, Interiors by Mouawad.

Los Angeles – September 30, 2026 -- A newly filmed segment of the public-television series "Viewpoint hosted by Dennis Quaid" profiles Southern Illinois Now (SI NOW), an economic development organization that has unified a 17-county region into a single point of contact for companies weighing relocation away from saturated metropolitan markets.

SI NOW consolidates 17 counties into one negotiating front for site selection

Rather than compete against one another for incoming industry, the counties in SI NOW's network pool infrastructure, workforce data and logistics assets under a shared regional brand. The organization positions this as a direct answer to fragmented local competition, which it says confuses incoming businesses, dilutes talent pools and duplicates administrative costs across neighboring municipalities.

Albany, N.Y. – September 29, 2026 -- Foss & Company has closed four historic rehabilitation investments in Buffalo, Albany, Fredonia and Kingston, New York, creating or preserving 156 affordable housing units by pairing state and federal Historic Tax Credits with New York State Homes and Community Renewal's (HCR) Small Building Participation Loan Program (PLP).

Four New York buildings convert to 156 affordable units via blended financing

The Eckhardt Building, a 1940s former department store in Buffalo's Broadway-Fillmore Historic District, is now complete with 28 apartments restricted to an average of 65% Area Median Income (AMI) and roughly 22,000 square feet of commercial space leased to a nonprofit child day care provider.