Real Estate News

Greystone Arranges $141 Million Construction Loan for 245-Unit Luxury Rental Tower in Scottsdale, AZ

NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced today that it has arranged $141 million in construction financing on behalf of The Hampton Group for the ground-up development of IKONIC Scottsdale, a 14-story, 245-unit ultra-luxury multifamily tower located at 16640 North Scottsdale Road in Scottsdale, Arizona.

Sun Communities, Inc. Declares Second Quarter 2026 Distribution

Southfield, MI, June 03, 2026 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $1.12 per share of common stock for the second quarter of 2026.

Colorado Community Records 500%+ Pollinator Growth with Targeted Planting Strategy, Offering Rare Bright Spot Amid National Bee Declines

Baseline in Broomfield, the world’s first Certified Pollinator District, shows how habitat-focused development can measurably improve biodiversity

BROOMFIELD, Colo., June 02, 2026 (GLOBE NEWSWIRE) -- Baseline, a master planned community in Broomfield, Colorado, released the results of its 2025 pollinator monitoring survey, conducted in partnership with Butterfly Pavilion, documenting significant growth in pollinator activity and diversity across the 1,100-acre mixed-use master-planned community.

ArtHaus Partners and Belay Investment Group Expand into San Francisco with Acquisition of The Terraces for $25M

SAN FRANCISCO, June 02, 2026 (GLOBE NEWSWIRE) -- ArtHaus Partners, in partnership with Belay Investment Group, has acquired The Terraces, a 117-unit multifamily property in San Francisco’s Nob Hill neighborhood, at a purchase price of $212,000 per unit and $270 per gross square foot, representing an attractive basis for entry into the San Francisco market.

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