Around the Capital – July 14th 2026

Hi y’all,

I’m starting a newsletter series with a different focus: highlighting the recent investments shaping the area we call home. In our lane, we see plenty of private and government dollars flowing into development—all in response to the continued growth across the Empire State. By giving you a glimpse into the market and compiling some of these stories, I hope to explain our thesis and why we believe in the Capital Region.

The Capital Region’s commercial real estate market has kept a steady pace through 2026: several new developments announced, trading activity returning to normal levels, and five-plus master-planned projects breaking ground this year. Developers are racing to keep up with anticipated housing demand.

Regeneron Pharmaceuticals announced a $2B expansion into Saratoga Springs after acquiring the former Quad Graphics HQ in 2024. IBM and GlobalFoundries have announced over $5B in combined investments as well. Thousands of jobs are being created, with one problem: not enough housing supply. That’s where we come in. Our team has ramped up acquisitions efforts as we look to add an additional 100 units to the portfolio before the end of 2026!

We finally closed on Blue Spruce Inn & Suites, but we’ve been quiet about our next project—news to come soon!

-Jake