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!

December Mortgage Outlook: Rates Rise as Fed Uncertainty Shakes the Market

December is bringing more than holiday stress—mortgage rates are climbing as the Federal Reserve delivers mixed signals and key economic reports face delays. After sharp swings in November, analysts expect rates to rise through the month, with internal disagreements among Fed members adding to the turbulence. As lenders recalibrate their expectations for early 2026, buyers and industry professionals should brace for rapid, unpredictable rate movements.

AI Supercharges Real Estate: Major Integrations and Smarter Search Tools Accelerate Industry Innovation

Artificial intelligence is rapidly transforming how real estate professionals work, and this week’s updates highlight just how fast the tech is evolving. Rechat’s new integration with Follow Up Boss streamlines CRM, marketing, and communication into one powerful workflow. RealScout has introduced an AI‑driven search tool built specifically for agents, delivering precise results from natural language prompts. Meanwhile, UtahRealEstate.com has launched AI voice search for consumers, offering real‑time conversational home‑finding. Together, these advancements signal a new era of efficiency and opportunity for both new and seasoned real estate professionals.

GAO Warns FHFA to Tighten Fair‑Lending Rules as AI Rapidly Transforms Mortgage Tech

The Government Accountability Office is urging the FHFA to issue clear, updated guidance for Fannie Mae and Freddie Mac as AI‑driven tools reshape the mortgage industry. With automated valuations, underwriting systems, and algorithmic advertising carrying risks of embedded bias, regulators fear that fast‑moving proptech innovations may unintentionally reinforce past discrimination. The call for action comes as federal oversight shifts and industry professionals face growing pressure to stay compliant in an increasingly digital housing market.

Florida Real Estate’s Winter Shake‑Up: Key Trends Every Professional Should Watch

Florida’s real estate and insurance sectors are undergoing major end‑of‑year shifts, from new AI oversight proposals and cooling housing markets to rising insurance premiums and transformative housing legislation. With inventory changes, pricing corrections, and new educational opportunities emerging across the state, professionals and students alike can use these insights to stay ahead in a rapidly evolving 2025–2026 landscape.

Florida’s Property Tax Showdown Could Trigger a Sudden Surge in Home Prices

New analysis shows that eliminating property taxes in Florida—an idea promoted by Governor Ron DeSantis—could instantly raise home prices by 7 to 9 percent. While current homeowners may welcome the boost, experts warn it would worsen the state’s affordability crisis and shift tax burdens elsewhere, making it harder for future buyers and first‑time homeowners to enter the market.

Cyprus Unveils Aggressive Housing Reforms Aimed at Faster Development and Greater Affordability

Cyprus is rolling out sweeping housing and construction reforms, including fast‑track permits, incentives for affordable development, and a push for EU‑wide housing strategy. With single‑ and two‑family home approvals targeted at 40 days and apartment buildings at 80, the nation is tackling delays and boosting supply—offering insights and parallels for U.S. real estate and development professionals watching global trends.