Vicentiu Fusea

Preleasing remained ahead of last year's pace in May, but new supply and slowing rent growth continued to pressure some markets, Yardi Matrix data shows.

Partners on the project include Niles Bolston Associates as architect and Eberly & Associates as structural engineer, while Landmark Construction is the in-house general contractor.

Digital Realty has acquired an ownership interest in three hyperscale data centers in Northern Virginia for $3.5 billion from Blackstone.

This marks the company's first such ground-up deal in Texas. Core Spaces has broken ground on Hub College Station, a 2,201-bed student housing project in College Station, Texas.

JLL Capital Markets brokered the land sale and secured construction financing. Partners on the project include designer ESG Architecture & Design, civil

Although the property came online in 2024, its occupancy rate was at 92 percent at the time of the deal. During lease-up, the community absorbed about 20 units per month.

University Drive marks Greystar's second student housing investment through its infrastructure platform and its third student housing development partnership with JLC.

The list includes new affordable housing and a downtown office-to-resi conversion.

EQT has sold a six-building industrial portfolio totaling 954,072 square feet in metro Indianapolis, with the assistance of Colliers. MLG Capital acquired the assets.

Developers completed 9.9 million square feet of office space nationally year-to-date as of May, according to Yardi Matrix data.