Newsline

Core Spaces has marked a new phase of construction on Hub Tampa Fowler, a 1,195-bed student housing community located west of the University of South Florida campus.

The CRE Finance Council (CREFC) has announced Lisa Pendergast, president and CEO, to retire on or about Aug. 3, 2026, following a decade of her leadership.

A four-story commercial shophouse in Singapore’s Central Business District has been launched for sale via expression of interest, with a guide price of S$28 million ($21.87 million). The property, 38 Circular Road, is being exclusively marketed by Brilliance Capital.

U.S. commercial real estate is in the early stages of recovery, but the next phase of the cycle is likely to differ meaningfully from past rebounds. Rich Hill, senior managing director and global head of research and strategy at Principal Real Estate, said in an interview with IREI that rather than a broad-based recovery, he expects a more uneven, K-shaped pattern, with performance increasingly driven by sector, market and asset-level selection. In this environment, returns are expected to rely less on financial tailwinds and more on underlying property fundamentals, particularly net operating income and active asset management. As a result, he sees greater dispersion emerging across strategies, with outcomes increasingly tied to manager skill, selectivity and execution rather than scale alone.

Realty Income Corp. and Apollo have announced that Apollo-managed funds and affiliates intend to provide a $1 billion investment to Realty Income to acquire a 49 percent interest in a new joint venture entity that is expected to own a diversified portfolio of single-tenant retail properties subject to long-term net leases.

Security Properties has made a strategic decision to transition its property management business to third-party providers. The has selected Bozzuto as its primary property manager in the Pacific Northwest.

Today’s real estate environment reflects a “new old cycle,” where conditions feel familiar but are shaped by fundamentally different structural forces, according to Mike Acton, head of research and strategy at AEW, in a recent report.

Prologis and GIC have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets.

Walker & Dunlop has arranged a $350 million aggregation debt facility with JPMorgan Chase Bank, N.A. for a self-storage REIT platform sponsored by a joint venture between Centerbridge Partners, L.P. and Reframe Holdings LLC.

MARK Capital Management has appointed a new Head of Asset Management for its urban logistics strategy, Crossbay.

Colby River has appointed Jackie Robinson as managing director of Colby River Property Management.

Landmark Properties, the largest developer of student accommodations in the United States, has been given the green light for a significant redevelopment at 120 Suffolk Street – adjacent to the Mailbox, a prominent mixed-use destination for office, retail and leisure occupiers in Birmingham city center.

Stockdale Capital Partners has made four new hirings of senior level executives.

Colliers has released its 2026 Life Sciences Market Outlook. After years of rapid growth, the sector is shifting to a more sustainable phase. Venture capital investment has normalized, speculative construction has slowed, and tenant demand is increasingly focused on premier lab environments in leading innovation hubs. Still, markets like Boston and San Francisco are adding millions of square feet of lab space, signaling long-term growth potential. 

The Inland Real Estate Group has appointed Catherine Lynch to chief of staff.

The Dermot Co., a vertically integrated multifamily investment manager, owner, and operator of high-quality communities, and joint venture partner Affinius Capital have secured a loan to refinance 101 West End Avenue, a 35-story, 502-unit apartment community in New York City. The $283 million loan was provided by Freddie Mac and arranged by Walker & Dunlop Capital Markets Institutional Advisory.

Multifamily investors are navigating a market defined by ongoing price discovery, refinancing pressures and shifting capital flows. In an IREI interview, Bret Hewett, head of acquisitions for ACRE's equity platform, outlines how narrowing bid-ask spreads and loan maturities are influencing deal activity, why many of ACRE’s opportunities today are driven by capital structure stress rather than weak fundamentals, and how investors are approaching underwriting in markets facing different supply dynamics. He also discusses where recapitalizations, joint ventures and structured equity are emerging as key entry points in the current cycle.

Last week, the U.S. Senate passed the 21st Century ROAD to Housing Act by an overwhelming bipartisan margin. At first glance, that alone should inspire confidence. Housing affordability is one of the most pressing economic and social challenges in the country, and Congress rarely agrees on anything — let alone something this consequential.

Sayuri Khandavilli, head of Americas real estate specialists at Nuveen, recently participated in a special feature highlighting accomplished women in the real estate sector for Institutional Real Estate Americas. She shared her perspectives on leadership, investing and career evolution. While an excerpt of that interview appeared in the print magazine, the entire conversation, lightly edited, appears below.

Public and private capital are reshaping the United Kingdom healthcare real estate market, with listed REITs playing an increasingly active role in driving investment activity. In an interview with IREI, Caryn Donahue, director – head of healthcare and senior housing, operational capital markets Savills, and Tom Atherton, strategy and market intelligence manager at the firm, discuss the factors behind rising cross-border investment, the role of private-pay dynamics and supply constraints, and how opportunities and risk-return profiles differ across care homes, hospitals and primary care.