Commercial Real Estate

New York – September 23, 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.

Los Angeles – September 23, 2026 -- Tangram Interiors, a Steelcase dealer generating nearly $300 million in annual sales, has completed a management buyout installing company president Nick Meter as chief executive, succeeding Joe Lozowski after his 25-year tenure at the helm.

Meter acquires significant ownership stake from the Lozowski family

Meter led the buyout, taking a significant equity position in the firm previously held by the Lozowski family, which retains a minority interest. Lozowski will remain involved as an executive advisor during the transition, and family members continue to be active in the business.

Hilton Head Island, S.C. – September 23, 2026 -- FirstService Residential has secured a full-service property management contract for Sea Crest Oceanfront Resort in Hilton Head Island, South Carolina, expanding its footprint in the coastal luxury community sector.

Board Awards Contract After Lagoon Repair Project

FirstService Residential initially partnered with the Sea Crest board to manage a large lagoon reparation project. Based on that performance, the board decided to hire the firm for ongoing full-service management of the community.

Sea Crest Offers Oceanfront Amenities in Forest Beach District

Located in the Forest Beach area of Hilton Head, Sea Crest features two outdoor pools with ocean views, a fitness center with a therapy pool, a poolside restaurant and beach bar, and garden areas.

Bozeman – – September 22, 2026 -- REAL Shows Network (RSN) has added Life Montana Style, a locally hosted 30-minute real estate and lifestyle series covering Bozeman, Montana, and the surrounding region, to its national television lineup.

Local real estate leader Laura Sacchi hosts new 30-minute series

The series is produced by RSN's Emmy-nominated, Telly Award-winning production team and hosted by local real estate leader Laura Sacchi. Each episode highlights notable neighborhoods and distinctive properties throughout the Bozeman area, celebrates local businesses, nonprofits and community organizations, and spotlights people and stories shaping everyday life in the region.

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 21, 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 21, 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.