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Rexford Industrial Realty embarked on a new era for the company when it entered 2026, as it pivoted sharply from aggressive acquisitions to recycling capital and preserving occupancy. The Los Angeles-based industrial real estate investment trust reported net income of $87.9 million in the first quarter of 2026, up from $68.3 million a year earlier.
Apartment Investment and Management Company, better known as Aimco, has sold two of its three remaining New York City assets, Commercial Observer has learned. After announcing in February that it would sell all of its assets and dissolve the company, the Denver-based multifamily owner and operator is proceeding with the swift liquidation of its ent
Contractors are worried that cost increases linked to the war in Iran could push prices up for the wave of planned developments in New York City.
The redevelopment of an abandoned hospital in south suburban Blue Island is taking a publicly contentious turn toward a new data center project after a reported shake-up in property ownership.
Maryland-based developer Chaberton Energy has issued two requests for proposals (RFPs) seeking agricultural partners to co-locate farming operations with two new community solar projects in Montgomery County.
Form 60 Download Files: 317867-C011456-Form_60-2025-Q4.xbrl 317867-C011456-Form_60-2025-Q4_317867.html
Form 60 Download Files: 317866-C011490-Form_60-2025-Q4.xbrl 317866-C011490-Form_60-2025-Q4_317866.html
After years of custom‑built facilities, data center developers are charging into modular construction. The shift is accelerating delivery timelines — and creating a new set of headaches for the teams trying to keep up. Developers and data center providers...
The D.C.-area brokerage community gathered Wednesday night for the market’s biggest real estate awards ceremony of the year: the Commercial Real Estate Brokerage Association Awards. Hosted at the Ritz-Carlton in downtown D.C., the ceremony honored the...
Living in any of Bedford-Stuyvesant, Bushwick or Sunset Park comes with a distinct but equally trendy reputation for Brooklyn’s young professionals — one that brands, in theory, would love to latch onto. Yet, securing the right retail remains...
Form 60 Download Files: 317864-C011489-Form_60-2025-Q4.xbrl 317864-C011489-Form_60-2025-Q4_317864.html
Form 3Q Electric Download Files: 317862-C001731-Form_3Q_Electric-2026-Q1.xbrl 317862-C001731-Form_3Q_Electric-2026-Q1_317862.html
A joint venture between two prominent Philadelphia real estate players has gone awry, leaving the redevelopment of an iconic Old City property incomplete ahead of the neighborhood’s big tourism boom expected this summer.
Investor appetite for commercial properties remains solid so far, despite recent geopolitical instability. In March, the commercial property marketplace experienced the strongest annual gain in prices since 2022, increasing 2.1% from March 2025, according...
New York City Council Speaker Julie Menin announced plans Friday to create a working group that could boost housing development across the city’s small lots. The new Council Advisory Group on Housing Affordability is aimed at implementing changes to the city’s construction codes and encouraging the development of 35,000 housing units across about 3
Bread Ahead, a London-based bakery and baking school, is taking a bite out of the Upper East Side. The beloved doughnut and cream cake purveyor will open its first-ever U.S. location in 2,400 square feet at Solil Management’s 1571 Second Avenue, at the corner of East 82nd Street, according to tenant broker KSR. Bread Ahead’s […]
Kurv Industrial, formerly called Bridge Industrial, has sold a warehouse campus in Pompano Beach, Fla., for $52 million, property records show. Bain Capital Real Estate purchased the 17-acre asset, called Bridge Point Pompano Beach Commerce Park. The property includes three warehouses totaling 380,496 square feet. All were built in the 1980s and 19
Coliving developer Re:shape has exchanged contracts to buy a project in Tottenham Hale, north London, with the potential for as many as 1,000 new homes, at least half of which will be coliving units. Re:shape has bought the remaining parts of the former...
Developers can accelerate approvals by choosing experienced jurisdictions, submitting complete plans, and proactively addressing environmental requirements.
County officials prevent data centers from being added as a use category
Developer Gary Barnett’s Extell Development has purchased New York City’s former home of comedy, the Friars Club building at 57 East 55th Street, for $19 million, sources told Commercial Observer. The sale of the landmarked building closed April 23. The five-story, 14,541-square-foot interior of the building is not landmarked, but was jam-packed wi
Castell Group has secured $47.4 million of construction financing to build a multifamily development in Prospect Heights, Brooklyn, Commercial Observer has learned. BridgeCity Capital originated the two-year loan with extension options for the developer’s planned 170-unit apartment project at two adjacent sites on 1029 Dean Street and 1104 Pacific