The Most Comprehensive Source for Commercial Real Estate News in the Region 

Governor Matt Meyer joins DSHA Director Matt Heckles, Carson Development CEO Danielle Smith, Brett and Carson Smith from Carson Development, Robin Steininger from Gillis Gilkerson, Chris Tully from RBC, Delaware State Representative Lyndon Yearick and community partners during the ribbon-cutting ceremony for Reese Apartments. FELTON, DE — Carson Development LLC celebrated the grand opening of Reese Apartments, a 48-unit affordable housing community in Felton, with a ribbon-cu

ALLENTOWN, PA — Feinberg Real Estate Advisors, LLC announced that commercial real estate advisor Casey Keller officially earned the Certified Commercial Investment Member (CCIM) designation at the organization’s Spring Forum in Philadelphia. With this achievement, Keller and her mentor, Cindy McDonnell Feinberg, CCIM, become the only active mother-daughter women-owned CCIM brokerage team serving the Lehigh Valley region. Earning the designation requires an extensive portfolio

Red Bank, NJ — Denholtz announced that Chairman Steven Denholtz was awarded the 2026 Leadership Excellence Award from Monmouth University’s Kislak Real Estate Institute. He was recognized at the Institute’s 30th Annual Leadership Excellence Awards Dinner held on May 28 at the Great Hall at Monmouth University. Presented annually, the Leadership Excellence Award honors individuals who have made a lasting impact on the commercial real estate industry over the course of their ca

NEW YORK, NY — Fairstead has appointed Keith Kinard as senior director of public housing. In his new role, Kinard will oversee Fairstead’s public housing practice, with a focus on structuring innovative partnerships between public housing authorities and private-sector stakeholders through rental assistance demonstration conversions and other project-based voucher and housing assistance payment opportunities. Kinard brings nearly 30 years of public housing leadership experien

By Chandler Echols, Cost Recovery Solutions When commercial investment property is transferred through an estate, one of the most significant tax advantages available to heirs is the “basis step-up.” Understanding how this provision maximizes your immediate tax savings and how coupling it with an engineering-based cost segregation study can significantly improve your long-term financial performance is critical if you are inheriting income-producing real estate. What is a “Ba

Robert Filley, Haris Hanifi, Adrian Mendoza & Brian Hosey rep. seller, procure buyer MANASSAS, VA — Marcus & Millichap announced the sale of two adjacent industrial properties in Manassas for $42 million. Located within Northern Virginia’s data center corridor, the properties comprise 14 acres of industrial-zoned land with long-term data center redevelopment potential. The transaction included the sale of Goode Business Center, a two-building, 135,000 s/f industrial storage

The class A multifamily development is sponsored by GY Properties PHILADELPHIA, PA — Basis Investment Group, LLC (Basis), a national commercial real estate debt and equity investment platform founded by CEO Tammy Jones, has provided a $43 million bridge loan to refinance the existing construction loan supporting the lease-up of the Residences at Pier 40. The subject property is a newly constructed, 195-unit class A multifamily development sponsored by GY Properties on the Del