Long Island Sets a New Commercial Real Estate Record with $4.1B in 2025 Deals

Commercial real estate building on long island

Long Island’s commercial real estate market just made history. According to a new report from Cushman & Wakefield, commercial property sales across Nassau and Suffolk counties skyrocketed to an unprecedented $4.1 billion in 2025—marking a powerful 71.5 percent leap over 2024’s volume.

The report, originally shared by the always-insightful team at Long Island Business News, reveals one undeniable truth: investor energy is not only back—it’s surging.

Specialty Use Assets Take Center Stage

While most asset classes grew year-over-year (with the notable exception of industrial), specialty use properties stole the spotlight. Assisted living centers, rehabilitation facilities, and self‑storage properties dominated 2025’s deal sheet, reflecting national-level investor shifts and diversified strategies.

Five of the year’s ten largest deals were specialty-use assets, totaling nearly the entire $4.1B combined across both counties.

  • Nassau County: Over $1.965 billion in specialty asset sales
  • Suffolk County: Over $2.126 billion in specialty asset sales
  • 48 specialty‑use properties transacted across Long Island

The top deal? A monumental $603 million Ventas acquisition of five Bristal Assisted Living facilities, sold by B2K Development and Harrison Street Asset Management.

Lower Interest Rates Ignite Fresh Momentum

Dimitri Mastrogiannis, senior research analyst and author of the report, attributes the booming activity to improving conditions in the year’s second half.

“Investors realized, hey, now’s the time to strike. We have all this dry powder sitting on the sidelines. We need to deploy it.” — Dimitri Mastrogiannis, Cushman & Wakefield

Lower interest rates spurred a wave of renewed investor involvement, drawing in both national funds and seasoned local buyers.

Buyer Trends: End Users Drive Deal Activity

According to Dan Abbondandolo, leader of C&W’s Long Island Investment Sales and Capital Markets team, the surge wasn’t just institutional—it was entrepreneurial.

“If you were to sum up our 2025, I would say it was driven by end‑user sales and changes in ownership management.” — Dan Abbondandolo

End-user buyers, particularly in the $5M–$25M range, created a dynamic and highly diversified year.

Major Transactions That Defined the Year

  • $135.7M: Philosophy Care Centers portfolio
  • $124.2M: Casata Organization multifamily portfolio
  • $118.6M: 66-acre former CA Technology site in Islandia
  • $107M: 420-unit rental complex at 100 Terrace Ave., Hempstead

Looking Ahead to 2026

Experts anticipate continued strength. With institutional buyers taking a step back, a wave of private capital, family offices, and equity groups are stepping forward—reshaping ownership patterns across Long Island.

Retail is poised for growth, office space has stabilized, and improving interest-rate conditions could fuel even more activity in the coming months.

Why This Matters for Real Estate Professionals

For agents, brokers, investors, and commercial specialists, these shifts represent opportunity. Specialty assets, alternative investment vehicles, and end‑user-driven sales are becoming essential sectors to understand.

Professionals looking to sharpen their skills or earn new certifications can explore programs at Cameron Academy, where both emerging agents and seasoned experts stay fully aligned with the industry’s evolving landscape.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Florida’s Property Insurance Crisis Reaches Breaking Point as Lawmakers Hit Pause

Florida now leads the nation in property insurance costs, with many homeowners paying more than $10,000 a year for shrinking coverage and higher deductibles. Despite nearly half of hurricane‑related claims ending with no payout and appeals failing over 90% of the time, state leaders say reforms “need more time to work.” With key relief bills stalled and real estate professionals feeling the shockwaves, experts warn that legislative inaction is deepening a crisis that threatens homeownership and the state’s economic stability.

A Time of Reckoning for Commercial Real Estate

Banks are finally calling in billions tied to troubled commercial real estate loans, pushing delinquency rates to historic highs and ending years of “extend and pretend.” With more than 12% of office loans now delinquent and $875 billion in commercial debt maturing in 2026, regional banks and property owners are facing mounting pressure. As valuations drop and refinancing becomes harder, experts warn that tighter lending standards and broader economic ripple effects are on the horizon—making strategic preparation essential for today’s real estate and finance professionals.

Florida Ends FIGA’s 1% Insurance Assessment Two Years Early

Florida policyholders are getting rare good news: the Florida Insurance Guaranty Association is ending its 1% emergency insurance assessment on October 1—two years ahead of schedule. The decision follows a calmer hurricane season, fewer insurer insolvencies, and growing market stability. The early termination is expected to save Floridians up to $650 million, with the average homeowner seeing about $31 in annual savings. This marks another milestone in the state’s insurance market recovery after major legislative reforms in 2022 and 2023.

The Moment Real Estate Realized AI Isn’t a Toy Anymore

The real estate industry has officially moved past its AI honeymoon phase. What began as a fun, optional tool has quietly become the backbone of how agents create content, communicate with clients, and market properties. But with that shift comes rising concern about authenticity, legal risks, and whether consumers will start questioning what they’re really paying agents for. As AI blends into everything from listing descriptions to client advice, professionals now face a new challenge: proving the human value behind the technology.

Commercial Real Estate Is Finally Turning Around: Why 2026 Could Be the Big Rebound Year

After years of volatility, industry analysts say commercial real estate may finally be on the verge of a major comeback. Investment activity is rising, leasing demand is strengthening, and key cities like Manhattan are leading a broader national recovery. With vacancy rates expected to drop and high‑quality buildings outperforming the rest, 2026 is shaping up to be the turning point investors and professionals have been waiting for.

Rising Costs and Slower Premium Growth Signal a Tougher 2026 for P/C Insurance

AM Best warns that the property and casualty insurance market is heading into a more challenging 2026 as premium growth slows, inflation drives up claims costs, and combined ratios rise. Despite a strong 2025, moderating rates, higher repair and construction expenses, and ongoing reserve deficiencies are pressuring profitability. While commercial lines and personal lines both feel the strain, the E&S market continues to expand as traditional carriers pull back. This shifting landscape highlights the need for insurance professionals to stay sharp, informed, and adaptable.