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<description>Bisnow National News</description>
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<title>The $70B Quantum Boom Is Building A New Real Estate Sector</title>
<link>https://www.bisnow.com/national/news/data-center-development/while-data-centers-chase-power-quantum-real-estate-needs-minds-over-megawatts-135493</link>
<guid>https://www.bisnow.com/national/news/data-center-development/while-data-centers-chase-power-quantum-real-estate-needs-minds-over-megawatts-135493</guid>
<description>An emerging technology drawing billions of dollars of investment from the likes of Amazon, Google and Microsoft is spurring a new real estate sector — and it isn’t AI. 
Quantum computing, once seen as a moon shot, is now hurtling toward commercial...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 15:50:09 -0400</pubDate>
<content:encoded><![CDATA[An emerging technology drawing billions of dollars of investment from the likes of Amazon, Google and Microsoft is spurring a new real estate sector — and it isn’t AI. 
Quantum computing, once seen as a moon shot, is now hurtling toward commercial viability. It is generating new research, computing and manufacturing hubs in markets that have sat out the artificial intelligence boom, and it is ultimately expected to become a significant part of the data center sector. ]]></content:encoded>
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<title>FIRST DRAFT LIVE: Controlled Turbulence Or Chaos? CBRE's Spencer Levy Checks In On 2026</title>
<link>https://www.bisnow.com/national/news/capital-markets/first-draft-live-controlled-turbulence-or-chaos-cbres-spencer-levy-checks-in-on-2026-135486</link>
<guid>https://www.bisnow.com/national/news/capital-markets/first-draft-live-controlled-turbulence-or-chaos-cbres-spencer-levy-checks-in-on-2026-135486</guid>
<description>Earlier this month, Bisnow published its annual halftime report, surveying commercial real estate leaders on the state of the industry at the end of the second quarter. Sixty-two CRE leaders from more than 30 markets answered one question: Are you moving...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 13:28:32 -0400</pubDate>
<content:encoded><![CDATA[Earlier this month, Bisnow published its annual halftime report, surveying commercial real estate leaders on the state of the industry at the end of the second quarter. Sixty-two CRE leaders from more than 30 markets answered one question: Are you moving or waiting? 
The answers ranged from “we’re sitting on the sidelines” to an emphatic “we’re moving,” showing that the industry remains divided between cautiously optimistic and just cautious — but most agreed this year isn’t really going to plan. 
But CBRE Global Client Strategist and Senior Economic Advisor Spencer Levy doesn’t think the real estate industry is far off the path he foresaw.
Levy...]]></content:encoded>
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<title>Expanding Access While Maintaining High Standards: How To Navigate Multifamily Vacancy Pressures </title>
<link>https://www.bisnow.com/national/news/multifamily/more-renters-lower-risk-how-to-navigate-multifamily-vacancy-pressures-135318</link>
<guid>https://www.bisnow.com/national/news/multifamily/more-renters-lower-risk-how-to-navigate-multifamily-vacancy-pressures-135318</guid>
<description>The U.S. multifamily market is increasingly split. As newly completed blocks in the Sun Belt sit empty following years of a construction boom, rents tick up in New York, Chicago and the Bay Area.
But whether owners and operators are trying to stand...</description>
<author>felicity.francis@bisnow.com</author>
<pubDate>Tue, 07 Jul 2026 07:52:29 -0400</pubDate>
<content:encoded><![CDATA[The U.S. multifamily market is increasingly split. As newly completed blocks in the Sun Belt sit empty following years of a construction boom, rents tick up in New York, Chicago and the Bay Area.
But whether owners and operators are trying to stand out in a crowded market or protect momentum in a stronger one, leasing strategy matters, said Jennifer Nau, a senior director of sales at TheGuarantors. Overall rents across the country are down 1.2% compared to a year ago. 
“With multifamily currently in peak leasing season, now is the time to move faster to secure renters and find ways to approve more qualified applicants...]]></content:encoded>
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<title>How Merritt Properties' New CEO Plans To Deploy $750M Investment</title>
<link>https://www.bisnow.com/national/news/industrial/merritt-properties-shallow-bay-centerbridge-almanac-135483</link>
<guid>https://www.bisnow.com/national/news/industrial/merritt-properties-shallow-bay-centerbridge-almanac-135483</guid>
<description>Industrial developer Merritt Properties is eyeing an undersupplied segment of the market with strong demand, and it just secured a major investment to fund more projects. </description>
<author>noah.zucker@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 13:12:36 -0400</pubDate>
<content:encoded><![CDATA[Industrial developer Merritt Properties is eyeing an undersupplied segment of the market with strong demand, and it just secured a major investment to fund more projects. ]]></content:encoded>
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<title>Prologis' $18B Third Bid For Segro Rejected</title>
<link>https://www.bisnow.com/national/news/industrial/segro-rejects-third-takeover-bid-from-prologis-seeking-even-sweeter-offer-135481</link>
<guid>https://www.bisnow.com/national/news/industrial/segro-rejects-third-takeover-bid-from-prologis-seeking-even-sweeter-offer-135481</guid>
<description>Segro has once again rejected a takeover offer from Prologis, but the UK-based industrial REIT hasn’t left the negotiating table yet. 
The third bid valued Segro at around £13.5B, or about $18.2B, Prologis announced on Monday. The price is 9.7% higher...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 11:34:21 -0400</pubDate>
<content:encoded><![CDATA[Segro has once again rejected a takeover offer from Prologis, but the UK-based industrial REIT hasn’t left the negotiating table yet. 
The third bid valued Segro at around £13.5B, or about $18.2B, Prologis announced on Monday. The price is 9.7% higher than Segro’s estimated net asset value as of the end of June.  ]]></content:encoded>
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<title>Brookfield, Healthpeak Form $2.1B Medical Office Joint Venture</title>
<link>https://www.bisnow.com/national/news/healthcare/brookfield-healthpeak-form-21b-medical-office-portfolio-jv-135482</link>
<guid>https://www.bisnow.com/national/news/healthcare/brookfield-healthpeak-form-21b-medical-office-portfolio-jv-135482</guid>
<description>Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio.
Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property,...</description>
<author>maddy.mccarty@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 11:51:18 -0400</pubDate>
<content:encoded><![CDATA[Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio.
Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property, 95% leased portfolio to the JV, in which it will retain a 51% controlling interest. ]]></content:encoded>
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<title>Brookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm Private</title>
<link>https://www.bisnow.com/national/news/industrial/canadian-giants-to-pay-52b-in-cash-to-take-lxp-industrial-private-135480</link>
<guid>https://www.bisnow.com/national/news/industrial/canadian-giants-to-pay-52b-in-cash-to-take-lxp-industrial-private-135480</guid>
<description>Brookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market.
BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Mon, 20 Jul 2026 09:18:06 -0400</pubDate>
<content:encoded><![CDATA[Brookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market.
BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial Trust in an all-cash deal that will take the South Florida-based REIT and its 108 properties off the public market. ]]></content:encoded>
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<title>AI-Driven Mortgage Matchmakers Aim For The Middle Market</title>
<link>https://www.bisnow.com/national/news/capital-markets/new-players-cre-mortgage-market-ai-lift-up-little-guy-135474</link>
<guid>https://www.bisnow.com/national/news/capital-markets/new-players-cre-mortgage-market-ai-lift-up-little-guy-135474</guid>
<description>A class of mortgage marketplaces is leaning into AI to speed up the lending process, with hopes of better serving middle-market deals. 
These loans, usually ranging between $5M and $100M, fuel the development of strip malls, small industrial projects...</description>
<author>patrick.sisson@bisnow.com</author>
<pubDate>Fri, 17 Jul 2026 16:22:57 -0400</pubDate>
<content:encoded><![CDATA[A class of mortgage marketplaces is leaning into AI to speed up the lending process, with hopes of better serving middle-market deals. 
These loans, usually ranging between $5M and $100M, fuel the development of strip malls, small industrial projects and mom-and-pop apartment investments. But the lending market for deals of this size remains vast, decentralized and sometimes overlooked by major players.
Founders of these firms promise that a new era of automation, algorithms and artificial intelligence will match borrowers and lenders more efficiently, speeding up dealmaking and connecting the vast middle market of commercial real estate with better deals boasting lower rates —...]]></content:encoded>
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<title>Tishman Hires Former Prologis CIO To Lead Push Into Middle East</title>
<link>https://www.bisnow.com/national/news/capital-markets/tishman-hires-former-prologis-cio-to-lead-push-into-middle-east-135467</link>
<guid>https://www.bisnow.com/national/news/capital-markets/tishman-hires-former-prologis-cio-to-lead-push-into-middle-east-135467</guid>
<description>One of the largest commercial real estate owners in the U.S. is expanding into the Middle East even as conflict scares some investors away. </description>
<author>jon.banister@bisnow.com</author>
<pubDate>Fri, 17 Jul 2026 11:25:01 -0400</pubDate>
<content:encoded><![CDATA[One of the largest commercial real estate owners in the U.S. is expanding into the Middle East even as conflict scares some investors away. ]]></content:encoded>
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<title>Brookfield's Csquare Misses IPO Target As Data Center Cost Skepticism Rises</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/csquare-misses-ipo-target-investor-appetite-data-center-infrastructure-wanes-135466</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/csquare-misses-ipo-target-investor-appetite-data-center-infrastructure-wanes-135466</guid>
<description>Dallas-based data center operator Csquare’s initial public offering Wednesday fell roughly $300M short of the capital it hoped to raise.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Fri, 17 Jul 2026 12:05:10 -0400</pubDate>
<content:encoded><![CDATA[Dallas-based data center operator Csquare’s initial public offering Wednesday fell roughly $300M short of the capital it hoped to raise.]]></content:encoded>
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<title>Balbec Raises $930M For Fund To Target Commercial, Residential Debt</title>
<link>https://www.bisnow.com/national/news/capital-markets/balbec-launches-flagship-fund-with-930m-first-close-135468</link>
<guid>https://www.bisnow.com/national/news/capital-markets/balbec-launches-flagship-fund-with-930m-first-close-135468</guid>
<description>Alternative asset manager Balbec Capital LP has raised nearly a billion dollars for its latest debt fund as commercial real estate increasingly turns to private credit. </description>
<author>taylor.driscoll@bisnow.com</author>
<pubDate>Fri, 17 Jul 2026 12:48:03 -0400</pubDate>
<content:encoded><![CDATA[Alternative asset manager Balbec Capital LP has raised nearly a billion dollars for its latest debt fund as commercial real estate increasingly turns to private credit. ]]></content:encoded>
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<title>Verizon To Sell 274 Retail Locations, Lay Off 500 Office Workers</title>
<link>https://www.bisnow.com/national/news/retail/verizon-cuts-500-staff-sells-274-retail-locations-135464</link>
<guid>https://www.bisnow.com/national/news/retail/verizon-cuts-500-staff-sells-274-retail-locations-135464</guid>
<description>Verizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Fri, 17 Jul 2026 11:22:53 -0400</pubDate>
<content:encoded><![CDATA[Verizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.]]></content:encoded>
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<title>Industrial Rebound Fuels New Wave Of Speculative Projects</title>
<link>https://www.bisnow.com/national/news/industrial/speculative-industrial-construction-is-back-with-prologis-targeting-dozens-of-markets-135458</link>
<guid>https://www.bisnow.com/national/news/industrial/speculative-industrial-construction-is-back-with-prologis-targeting-dozens-of-markets-135458</guid>
<description>What were recently big, empty warehouses have once again become hot commodities, creating a development push to meet the demand.
A wave of large-block requirements, rising logistics demand and fresh federal incentives for domestic manufacturing are collectively...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Thu, 16 Jul 2026 14:12:18 -0400</pubDate>
<content:encoded><![CDATA[What were recently big, empty warehouses have once again become hot commodities, creating a development push to meet the demand.
A wave of large-block requirements, rising logistics demand and fresh federal incentives for domestic manufacturing are collectively tightening vacancy and emboldening lenders, pushing speculative projects back into the pipeline.
“There's going to be a huge competitive rush to start to try to satisfy those big requirements because that's a very easy exit for development,” said Peter Kroner, who leads industrial research for Avison Young. “If you can get a long-term lease signed in a million-square-footer, there's a lot of capital that would love that...]]></content:encoded>
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<title>How One Firm Is Leaning Into A Growing Secondaries Market</title>
<link>https://www.bisnow.com/national/news/capital-markets/how-one-company-with-decades-of-secondaries-experience-is-attacking-todays-market-135454</link>
<guid>https://www.bisnow.com/national/news/capital-markets/how-one-company-with-decades-of-secondaries-experience-is-attacking-todays-market-135454</guid>
<description>Real estate secondaries have risen in prominence over the last few years as a tool for liquidity in a market environment with lower transaction volumes and slower fundraising cycles. 
Switzerland-based Partners Group has had its hands in the secondaries...</description>
<author>ryan.wangman@bisnow.com</author>
<pubDate>Thu, 16 Jul 2026 11:47:16 -0400</pubDate>
<content:encoded><![CDATA[Real estate secondaries have risen in prominence over the last few years as a tool for liquidity in a market environment with lower transaction volumes and slower fundraising cycles. 
Switzerland-based Partners Group has had its hands in the secondaries market for almost 20 years, putting in $6B across more than 120 real estate secondaries transactions since 2008. Henrik Orrbeck, co-head of real estate for Partners, said the market has evolved from a blunt liquidity tool for aging portfolios to a more targeted way for managers to execute business plans and for investors to rebalance. 
“When it started, the focus, to a large degree,...]]></content:encoded>
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<title>Multifamily Market Sees Strongest Demand Since Mid-2024 As Asking Rents Dip</title>
<link>https://www.bisnow.com/national/news/multifamily/multifamily-market-sees-strongest-demand-since-mid-2024-as-asking-rents-dip-135453</link>
<guid>https://www.bisnow.com/national/news/multifamily/multifamily-market-sees-strongest-demand-since-mid-2024-as-asking-rents-dip-135453</guid>
<description>National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline.</description>
<author>ryan.wangman@bisnow.com</author>
<pubDate>Thu, 16 Jul 2026 10:50:38 -0400</pubDate>
<content:encoded><![CDATA[National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline.]]></content:encoded>
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<title>TSMC To Invest An Additional $100B In Phoenix Chipmaking Facilities</title>
<link>https://www.bisnow.com/national/news/industrial/tsmc-arizona-invest-100-billion-us-manufacturing-total-investment-265-billion-135456</link>
<guid>https://www.bisnow.com/national/news/industrial/tsmc-arizona-invest-100-billion-us-manufacturing-total-investment-265-billion-135456</guid>
<description>Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B.
The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Thu, 16 Jul 2026 13:17:33 -0400</pubDate>
<content:encoded><![CDATA[Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B.
The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing the total to 12 leading-edge semiconductor and packaging facilities, according to a release from the Department of Commerce on Thursday. 
"This is to support the strong multi-year demand from our leading U.S. customers, and we believe this investment will further foster the development of the U.S. semiconductor ecosystem, strengthen the supply chain, and support significant job creation in the United States," TSMC Chairman and CEO C.C. Wei said in a statement.
TSMC's new facilities will join existing...]]></content:encoded>
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<title>The Glut Of Big-Box Warehouses Is Finally Getting 'Gobbled Up'</title>
<link>https://www.bisnow.com/national/news/industrial/big-box-industrial-leasing-dynamics-go-from-glut-to-gobbled-up-135400</link>
<guid>https://www.bisnow.com/national/news/industrial/big-box-industrial-leasing-dynamics-go-from-glut-to-gobbled-up-135400</guid>
<description>After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Mon, 13 Jul 2026 16:05:21 -0400</pubDate>
<content:encoded><![CDATA[After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war in the Middle East reset market expectations. 
Deals for more than 500K SF are now driving activity in the sector, and users of the largest spaces are being squeezed for rent hikes at a faster pace than their smaller peers. The supply of large buildings built during the pandemic is quickly being absorbed by strong demand, which is returning pricing power to landlords. 
“We saw the vacancy almost evaporate in...]]></content:encoded>
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<title>Big Banks Shake Off CRE Jitters, Cut Loss Reserves And Raise AI Hopes</title>
<link>https://www.bisnow.com/national/news/capital-markets/big-banks-ride-ai-wave-record-earnings-choppy-macroeconomic-seas-135442</link>
<guid>https://www.bisnow.com/national/news/capital-markets/big-banks-ride-ai-wave-record-earnings-choppy-macroeconomic-seas-135442</guid>
<description>The clouds of debt maturities and nonperforming loans haven’t entirely cleared from the country’s largest banks, but the shine of artificial intelligence and data center development is erasing the shadows cast by Wall Street's anxieties over pandemic-era...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 16:41:13 -0400</pubDate>
<content:encoded><![CDATA[The clouds of debt maturities and nonperforming loans haven’t entirely cleared from the country’s largest banks, but the shine of artificial intelligence and data center development is erasing the shadows cast by Wall Street's anxieties over pandemic-era loans.
AI dominated the conversation across earnings calls for five of the country’s largest banks Tuesday as concerns about commercial mortgage quality and delinquencies from the bygone era of ultralow interest rates faded into the background.
"The issues of the moment, whether it's real estate four or five years ago or whether it was private capital lending and all this stuff, just aren't surfacing the...]]></content:encoded>
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<title>Switch's Planned IPO Extends Data Center Sector's Shift To Wall Street</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/switchs-planned-ipo-extends-data-centers-shift-towards-wall-street-135443</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/switchs-planned-ipo-extends-data-centers-shift-towards-wall-street-135443</guid>
<description>Data center developer and operator Switch is pursuing an initial public offering, adding to a growing wave of digital infrastructure companies tapping public markets. </description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 16:43:17 -0400</pubDate>
<content:encoded><![CDATA[Data center developer and operator Switch is pursuing an initial public offering, adding to a growing wave of digital infrastructure companies tapping public markets. ]]></content:encoded>
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<title>Largest U.S. Grid Operator Sees Power Costs Soar By 60% Due To Data Center Development</title>
<link>https://www.bisnow.com/national/news/data-center-power/largest-us-grid-operator-power-costs-soar-60-percent-ai-data-center-demand-135432</link>
<guid>https://www.bisnow.com/national/news/data-center-power/largest-us-grid-operator-power-costs-soar-60-percent-ai-data-center-demand-135432</guid>
<description>The price of power is set to jump more than 60% for PJM, the largest electrical grid in the country, amid insatiable demand from data centers. 
“Demand for electricity continues to grow faster than electricity supply,” PJM CEO David Mills said in...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 11:23:08 -0400</pubDate>
<content:encoded><![CDATA[The price of power is set to jump more than 60% for PJM, the largest electrical grid in the country, amid insatiable demand from data centers. 
“Demand for electricity continues to grow faster than electricity supply,” PJM CEO David Mills said in a statement included with the results of an annual auction that prices power two years down the line. 
PJM, which serves 13 states and Washington, D.C., said Tuesday that the $16.4B  closing bid for electricity starting in June 2028 tied a record set late last year. The auction also failed for the third consecutive time to secure enough future supply commitments...]]></content:encoded>
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<title>Travel + Leisure To Absorb 23 Resorts In Pair Of Acquisitions</title>
<link>https://www.bisnow.com/national/news/hotel/travel-leisure-acquiring-23-resorts-for-343m-135431</link>
<guid>https://www.bisnow.com/national/news/hotel/travel-leisure-acquiring-23-resorts-for-343m-135431</guid>
<description>Hospitality company Travel + Leisure Co., which owns more than 280 resorts around the globe, is purchasing 23 more through two separate acquisitions. </description>
<author>emily.wishingrad@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 11:06:26 -0400</pubDate>
<content:encoded><![CDATA[Hospitality company Travel + Leisure Co., which owns more than 280 resorts around the globe, is purchasing 23 more through two separate acquisitions. ]]></content:encoded>
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<title>Tennessee Pursues Paramount As Studio Mulls California Exit</title>
<link>https://www.bisnow.com/national/news/hospitality-entertainment/tennessee-pursues-paramount-as-studio-mulls-california-exit-135430</link>
<guid>https://www.bisnow.com/national/news/hospitality-entertainment/tennessee-pursues-paramount-as-studio-mulls-california-exit-135430</guid>
<description>The Volunteer State is throwing its hat into the ring as a potential new home for Paramount as a legal battle rages over the company's $111B takeover of Warner Bros. Discovery. </description>
<author>ryan.wangman@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 10:55:04 -0400</pubDate>
<content:encoded><![CDATA[The Volunteer State is throwing its hat into the ring as a potential new home for Paramount as a legal battle rages over the company's $111B takeover of Warner Bros. Discovery. ]]></content:encoded>
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<title>FIRST DRAFT LIVE: NMHC President On What Happens Now That The Housing Bill Has Finally Passed</title>
<link>https://www.bisnow.com/national/news/multifamily/first-draft-live-the-housing-bill-has-finally-passed-find-out-what-comes-next-from-nmhc-president-sharon-wilson-gno-135436</link>
<guid>https://www.bisnow.com/national/news/multifamily/first-draft-live-the-housing-bill-has-finally-passed-find-out-what-comes-next-from-nmhc-president-sharon-wilson-gno-135436</guid>
<description>Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Wed, 15 Jul 2026 12:17:06 -0400</pubDate>
<content:encoded><![CDATA[Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your inbox. Subscribe to First Draft Live on Apple and Spotify, or scroll down to view in your browser.]]></content:encoded>
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<title>Investor Launching $100M BTR Fund To Capitalize On Opportunity From Housing Bill</title>
<link>https://www.bisnow.com/national/news/build-to-rent/investor-launches-100m-btr-fund-to-capitalize-on-opportunity-from-housing-bill-135405</link>
<guid>https://www.bisnow.com/national/news/build-to-rent/investor-launches-100m-btr-fund-to-capitalize-on-opportunity-from-housing-bill-135405</guid>
<description>PPR Capital Management just began investing in the build-to-rent housing sector last year, and now it is looking to pounce on a market it sees as benefiting from the new federal housing law. 
The Wayne, Pennsylvania-based firm this week is launching...</description>
<author>jon.banister@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 10:53:53 -0400</pubDate>
<content:encoded><![CDATA[PPR Capital Management just began investing in the build-to-rent housing sector last year, and now it is looking to pounce on a market it sees as benefiting from the new federal housing law. 
The Wayne, Pennsylvania-based firm this week is launching the PPR Keystone Housing Growth Fund, its first-ever fund focused on build-to-rent housing. PPR executives tell Bisnow it has a fundraising target of $100M. ]]></content:encoded>
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<title>DHS Says 470K SF Warehouse It Planned To Sell Will Become Immigrant Jail After All</title>
<link>https://www.bisnow.com/national/news/industrial/dhs-to-convert-new-jersey-warehouse-it-intended-to-sell-into-detention-facility-135414</link>
<guid>https://www.bisnow.com/national/news/industrial/dhs-to-convert-new-jersey-warehouse-it-intended-to-sell-into-detention-facility-135414</guid>
<description>The Department of Homeland Security has reversed course on its plan to sell a New Jersey warehouse and will go back to its original intention of converting it into a detention facility. 
A federal judge was notified July 10 of the agency’s decision...</description>
<author>kayla.carmicheal@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 14:34:05 -0400</pubDate>
<content:encoded><![CDATA[The Department of Homeland Security has reversed course on its plan to sell a New Jersey warehouse and will go back to its original intention of converting it into a detention facility. 
A federal judge was notified July 10 of the agency’s decision to start the project, according to Bloomberg. It was the same judge who was told in June about DHS’ plan to sell. 
Lawyers for Roxbury township, where the facility is located, and DHS will submit a joint status report regarding the warehouse on July 17.
Roxbury's 470K SF warehouse is 40 miles west of New York City. It was purchased from DG Roxbury Property...]]></content:encoded>
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<title>Revealed: The Banks Powering Private Credit's CRE Lending Boom</title>
<link>https://www.bisnow.com/national/news/capital-markets/the-banks-powering-private-credits-cre-lending-boom-revealed-135409</link>
<guid>https://www.bisnow.com/national/news/capital-markets/the-banks-powering-private-credits-cre-lending-boom-revealed-135409</guid>
<description>Michael Lavipour still remembers the bank office where executives laughed him out of the room.
It was 13 years ago, and the head of lending for Affinius Capital was on the hunt for a credit facility to support the investment management firm’s real estate...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 11:45:41 -0400</pubDate>
<content:encoded><![CDATA[Michael Lavipour still remembers the bank office where executives laughed him out of the room.
It was 13 years ago, and the head of lending for Affinius Capital was on the hunt for a credit facility to support the investment management firm’s real estate lending practice. As such, he was viewed as the competition.
“Flash-forward to today, that particular institution is no longer doing direct lending and is only providing back leverage,” Lavipour said. “They literally did a full 180 on their business practice.”
Private credit has gone from upstart to unavoidable in just a few years. As traditional lenders grappled with balance...]]></content:encoded>
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<title>Columbia Property Trust Modifies $1.8B Loan After Multiple Defaults</title>
<link>https://www.bisnow.com/national/news/finance/columbia-property-trust-restructure-debt-135415</link>
<guid>https://www.bisnow.com/national/news/finance/columbia-property-trust-restructure-debt-135415</guid>
<description>After two defaults, New York-based Columbia Property Trust has struck a deal with its lenders to restructure approximately $1.8B of debt backing a seven-building portfolio.
The June agreement will modify the debt, which is secured by buildings in San...</description>
<author>nancy.sheppard@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 15:03:17 -0400</pubDate>
<content:encoded><![CDATA[After two defaults, New York-based Columbia Property Trust has struck a deal with its lenders to restructure approximately $1.8B of debt backing a seven-building portfolio.
The June agreement will modify the debt, which is secured by buildings in San Francisco, Boston, New York and Jersey City, New Jersey, the San Francisco Business Times reported. It places the debt back in good standing and extends the maturity date to July 2028. ]]></content:encoded>
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<title>Data Center Firms DataBank, EdgeCore Reportedly Courting Buyers</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/databank-edgecore-courting-buyers-potential-sales-135412</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/databank-edgecore-courting-buyers-potential-sales-135412</guid>
<description>Multiple prominent data center firms are reportedly looking to sell stakes in their companies as record demand drives valuations higher. </description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 14:00:24 -0400</pubDate>
<content:encoded><![CDATA[Multiple prominent data center firms are reportedly looking to sell stakes in their companies as record demand drives valuations higher. ]]></content:encoded>
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<title>Greystar Accused By Watchdog Of Discriminating Against Section 8 Voucher Users</title>
<link>https://www.bisnow.com/national/news/multifamily/greystar-accused-by-watchdog-of-discriminating-against-section-8-voucher-users-135408</link>
<guid>https://www.bisnow.com/national/news/multifamily/greystar-accused-by-watchdog-of-discriminating-against-section-8-voucher-users-135408</guid>
<description>A Washington, D.C.-based housing watchdog group is accusing the country’s largest apartment owner of unlawfully rejecting potential renters who hold Section 8 vouchers across six states.</description>
<author>jarred@bisnow.com</author>
<pubDate>Tue, 14 Jul 2026 12:11:56 -0400</pubDate>
<content:encoded><![CDATA[A Washington, D.C.-based housing watchdog group is accusing the country’s largest apartment owner of unlawfully rejecting potential renters who hold Section 8 vouchers across six states.]]></content:encoded>
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<title>'Projects May Be Temporary. The Opportunities Aren't': Debunking Common Data Center Myths</title>
<link>https://www.bisnow.com/chicago/news/data-center-development/data-center-myths-clune-construction-studiob-135149</link>
<guid>https://www.bisnow.com/chicago/news/data-center-development/data-center-myths-clune-construction-studiob-135149</guid>
<description>Few types of construction projects generate more public debate than data centers. Headlines often focus on power demand, water use and artificial intelligence, while the people who build these facilities and the critical daily functions they support are...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Wed, 24 Jun 2026 11:47:36 -0400</pubDate>
<content:encoded><![CDATA[Few types of construction projects generate more public debate than data centers. Headlines often focus on power demand, water use and artificial intelligence, while the people who build these facilities and the critical daily functions they support are often left out of the conversation. Separating fact from perception has never been more important. 
“When residents see a data center proposal, they often fear it will strain the public infrastructure and lead to traffic congestion during the development and negative environmental impacts,” said Pete Duenas, senior project manager and team leader at Clune Construction. “The reality for our modern data center builds...]]></content:encoded>
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