News/Events
CMBS Special Servicing Rate Dips in July as Office, Lodging Improve
The Trepp CMBS special servicing overall rate declined 11 basis points in July to 11.09%, partially reversing the increases of recent months. However, decreases in special servicing rates were not seen across the board in all property types. The improvement was led by office, the largest special servicing category, along with lodging, whose rates fell…
Return to Lender: Week of August 13, 2026
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Texas People & Companies, August 14, 2026
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Florida People & Companies, August 14, 2026
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Jackson-Shaw Starts Work on 900K-SF Denton Industrial Project
Jackson-Shaw broke ground on Horizon 35, a master-planned business park at the northeast corner of Interstate 35 and Loop 288 in Denton, Texas. Phase I will deliver 543,550 square feet across three rear-load buildings and is now pre-leasing for delivery in the third quarter of 2027. At full buildout, the development will total more than…
Vantage Inks $103M Refi on Three Texas Rental Assets
Vantage Communities has obtained a $103 million refinancing for a three-property, 864-unit multifamily portfolio located in the Austin and San Antonio metro areas. Benefit Street Partners provided the financing in a deal arranged by Greystone Capital Advisors. The properties in Austin include Vantage at McKinney Falls, and Vantage at Hutto. Vantage at McKinney Fallas totals288…
Constellation Eyes 670K-SF Seabrook Warehouse Venture
Constellation Real Estate Partners wants to build two warehouses — a 464,400-square-foot cross-dock and a 205,200-square-foot front-load facility in Seabrook, near the Port of Houston. The project will be on 60 acres on Red Bluff Road just east of State Highway 146. The project still needs city council approval. The Houston Business Journal reports that…
City of Mesa Advancing Marriott Hotel Plans
The City of Mesa authorized the town’s city manager to negotiate a deal with a developer to construct a 5-story AC Hotel by Marriott on the northeast corner of Main Street and Centennial Way. The 85,000-square-foot hotel would consist of 150 rooms, an outdoor pool and a lounge open to guests and the public. The…
Porter Kyle Adds New 100-Unit BTR Community to East Valley Portfolio
Porter Kyle, a Scottsdale-based Build-to-Rent (BTR) developer and general contractor, opened the doors to The Wayne, a 100-unit BTR townhome community in Chandler, Ariz. Residents are moving in, and the clubhouse and first four buildings at the community have been transitioned to Mark-Taylor for ongoing lease-up and property management. The opening caps a 20-month build…
