Greystone Capital Advisors has arranged a $103 million bridge loan for Vantage Communities Inc. to refinance three residential developments in Central Texas. The floating-rate debt covers 864 Class A units across the Austin and San Antonio areas. Provided by Benefit Street Partners, the interest-only facility features an initial three-year term with extension options to support the portfolio through full property stabilisation.
Phu Quoc Special Economic Zone and Sun Group have signed six strategic agreements with key sector partners to upgrade island infrastructure before hosting APEC 2027. The project commitments cover a new Light Rail Transit line, localised security frameworks, a multi-level school campus, and community English education initiatives. The coordinated efforts aim to strengthen long-term municipal development across the island.
Long-serving Newmark Group CEO Barry Gosin will transition into a full-time role as Chairman of operating company Newmark & Co. Real Estate, Inc. at the end of December 2026. Gosin, who has led the firm since 1979, has signed an agreement to remain Chairman until 2029 to support high-impact initiatives. Newmark’s Board of Directors plans to select a new Chief Executive Officer by year-end.
Daewoo E&C has formed a strategic partnership with global engineering firm ARUP to bid for the Mok-dong Complex 8 Reconstruction Project in Seoul. The collaboration aims to maximise structural safety and design standards for the planned 49-story, 180-meter residential development. ARUP brings extensive high-rise expertise from iconic international schemes including Shanghai Tower and Marina Bay Sands.
AREIT, Inc. recorded a 36 per cent increase in first-half net income to P5.8 billion, driven by strong revenues and portfolio expansion. Total revenues rose 30 per cent to P7.7 billion, while assets under management reached P159.4 billion. The firm has proposed a P20 billion asset infusion from Ayala Land, Inc., which will increase its total portfolio value to P179 billion following pending regulatory approvals.
London-listed luxury developer Dar Global has awarded the podium construction contract for Trump International Hotel & Tower, Dubai, to Gulf Asia Contracting. Following the completion of enabling works in September 2026, the 80-storey Sheikh Zayed Road development enters its next building phase. The 350-metre tower will combine a hotel, residences and a private members' club.
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