Real Estate Development

Life Time Breaks Ground on Raleigh Tower in $1B Exchange Phase Two

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Life Time Breaks Ground on Raleigh Tower in $1B Exchange Phase Two

Chanhassen – November 02, 2026 -- Life Time (NYSE: LTH) and developer Dewitt Carolinas broke ground on Life Time Living at The Exchange Raleigh on Oct. 29, starting Phase Two of the 40-acre, $1 billion master-planned development in Midtown Raleigh. The residential tower is planned to open in 2028.

Tower pairs leased residences with an 80,000-square-foot athletic country club

Life Time Living is a vertically integrated tower of high-end multifamily residences for lease. It will be built together with a four-level, 80,000-square-foot Life Time athletic country club and a 40,000-square-foot rooftop beach club. The rooftop space will hold a leisure pool, a six-lane lap pool and four pickleball courts. Both clubs will be open to residents and to Life Time members.

Skanska Commits CZK 2.2 Billion to Prague Emil Kolben Phase Four

Stockholm – November 02, 2026 -- Skanska is investing CZK 2.2 billion (about SEK 1 billion) in the fourth phase of its Emil Kolben District residential project in Prague, Czech Republic. The construction contract is worth CZK 1.3 billion (about SEK 590M) and will be booked in Europe's order bookings for the fourth quarter of 2026.

Phase four delivers 272 low-energy apartments and five non-residential units

Construction starts in November 2026, with completion expected in spring 2029. The architecture draws on the site's industrial heritage and is paired with new public spaces.

Pre-sales exceed 30 percent for the large phase

Björn Mattsson, Business Unit President at Skanska Residential Development Europe, said the project has an "attractive customer offering" in its market. He pointed to pre-sales above 30 percent for a relatively large phase.

teamLab to Open 110,000-Sq-Ft U.S. Museum at OCVIBE in 2030

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teamLab to Open 110,000-Sq-Ft U.S. Museum at OCVIBE in 2030

Anaheim – – October 30, 2026 -- Art collective teamLab will open its first permanent U.S. museum in 2030 at OCVIBE, a 100-acre sports, entertainment and arts district under construction in Anaheim, California. The purpose-built venue will span about 110,000 square feet and is designed around teamLab's immersive art experience.

OCVIBE is privately funded with a $5 billion commitment from the Samueli Family. The museum is part of the district's master plan alongside dining, hospitality and public spaces. OCVIBE says it is making art central to the district rather than treating it as an amenity.

Wood Partners Breaks Ground on 372-Unit Charlotte Project

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Wood Partners Breaks Ground on 372-Unit Charlotte Project

CHARLOTTE – October 30, 2026 -- Wood Partners and Sarofim Realty Advisors will break ground in November on Village Park, a 372-unit multifamily community in Charlotte's Highland Creek and Prosperity Church area, with J.P. Morgan providing financing.

The project is slated to open in May 2028.

Village Park Sits Beside Wood Partners' Earlier Prosperity Village Development

The site is at the corner of Prosperity Church and Benfield Roads, next to Prosperity Village, a community Wood Partners previously developed. It has direct access to Interstate 485, which connects to Uptown Charlotte and Huntersville, and a Publix grocery store is next door.

"Building next to Prosperity Village allows us to keep investing in the neighborhood," said Carter Siegel, Regional Director of Development at Wood Partners.

Admire Capital Builds in Four South Florida Neighborhoods

Miami – October 29, 2026 -- Admire Capital, the developer led by Founder and CEO Diana Ulis, now has projects in four South Florida neighborhoods, including an 83-residence Ritz-Carlton branded condominium in Fort Lauderdale. The portfolio spans a single-family home in Coconut Grove, a commercial and retail property in Wynwood, a waterfront home on Miami Beach's Sunset Island I and the Fort Lauderdale tower.

Fort Lauderdale tower places 83 residences on a 1.5-acre site

The Ritz-Carlton Residences Fort Lauderdale Beach will comprise two 13-story towers at 551 Bayshore Drive, between the Atlantic Ocean and the Intracoastal Waterway. Garcia Stromberg designed the project, Dan Fink Studio is handling interiors, and residents will receive The Ritz-Carlton's branded residential services.

Quarterra Names Jeb Cox to Lead Texas Multifamily Development

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Quarterra Names Jeb Cox to Lead Texas Multifamily Development

CHARLOTTE – October 29, 2026 -- Quarterra has appointed Jeb Cox, whose career spans nearly 14,000 apartment homes and more than $2.1 billion in capitalization, as Managing Director of Development, Texas.

Cox takes charge of the full development cycle across Texas

Cox will oversee new multifamily development initiatives statewide and lead a divisional team through every project phase. Those phases are land sourcing, entitlements, capitalization, design and construction execution, optimizing marketability and operability, lease-up and disposition.

Cox brings nearly 20 years of institutional multifamily experience

Cox has spent nearly 20 years leading development of institutional-quality multifamily communities. He spent more than a decade at Mill Creek Residential before joining Quarterra, and previously served at Trammell Crow Residential and Creekstone Partners.

Gilbert Pledges $1B to Nonprofit for Renaissance Center Overhaul

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Gilbert Pledges $1B to Nonprofit for Renaissance Center Overhaul

Detroit – October 19, 2026 -- Dan Gilbert, founder and chairman of Rocket Companies and Bedrock, pledged approximately $1 billion in development capital to a new nonprofit that will redevelop, own and operate the Renaissance Center and the surrounding 35-acre east riverfront district. The gift will not be repaid, and Gilbert and his companies will receive no profits from the project.

The project carries a $2.2 billion development plan. The district currently consists largely of surface parking lots.

FaverGray Breaks Ground on 415-Unit Jacksonville Beach Project

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FaverGray Breaks Ground on 415-Unit Jacksonville Beach Project

Jacksonville Beach, Fla. – September 25, 2026 -- FaverGray has broken ground on a 415-unit market-rate multifamily community on the former site of Adventure Landing in Jacksonville Beach, marking the general contractor's second project with developer Trevato Development.

Development spans 10.7 acres with 410,509 square feet of new construction

The project will introduce a mix of one-, two- and three-bedroom rental units across two three-story residential buildings. Approximately 1,800 square feet of ground-floor commercial space will be included alongside the residential units.

Newmark Arranges $482.5M Loan for Steamboat Springs Ultra-Luxury Resort

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Newmark Arranges $482.5M Loan for Steamboat Springs Ultra-Luxury Resort

New York – September 24, 2026 -- Newmark Group has arranged a $482.5 million loan to finance The Stockman, Auberge Collection, an ultra-luxury ski-in, ski-out resort that recently broke ground in Steamboat Springs, Colorado. The financing was provided by GoldenTree Asset Management, a global asset manager with approximately $70 billion in assets under management, on behalf of developer Stockman Development LLC, led by Marquee Development.

Newmark team structures nine-figure debt package for mountain resort sponsor

Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub led the deal alongside Vice Chairman Nick Scribani, Managing Director Tyler Dumon and Director Holden Witkoff.

Nuveen Green Capital Closes $23.2M First-Ever C-PACE Deal in New Hampshire

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Nuveen Green Capital Closes $23.2M First-Ever C-PACE Deal in New Hampshire

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.