Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
Crain's New York Business The Omni Berkshire Place hotel in Manhattan has furloughed 268 employees as a result of the coronavirus outbreak The 398-room property, at 21 East 52nd St, expects to hire back the workers when the hotel reopens It is...
Boston Business Journal Federal Realty Investment Trust has offered a parking lot site at a Kmart store it owns in suburban Boston to be used to disinfect N95 masks worn by healthcare workers treating coronavirus patients The site, at 77 Middlesex...
Commercial Real Estate Direct Staff Report The $22 trillion stimulus package signed into law last Friday includes a number of provisions that ought to provide a positive impact on the commercial real estate sector For starters, $349 billion will...
This year's policy slate will shift from the Dodd-Frank policymaking cycle to some major headline issues, including the Libor transition, reform of the government-sponsored enterprises and relief for lenders complying with the anti-money laundering...
Commercial Real Estate Direct Staff Report Attendance at next week’s Commercial Mortgage Securities Association conference in Washington, DC, is slated to be up by 52 percent from the trade group’s last get-together So far, 960...
Commercial property values in the United States fell 17percent over the first half of 2009, according to an index managed by InternationalProperty Databank The decline compares to a 122 percent drop for all 2008registered by the index, said the...
Commercial Real Estate Direct Staff Report Goldman Sachs, which in the first quarter had marked its commercial real estate holdings down by $640 million, recognized another $700 million in fair-value losses associated with its commercial mortgage...
Commercial Real Estate Direct Staff Report James L Dimon, JPMorgan Chase & Co’s chairman and chief executive, has warned the banking industry to brace for “rapidly rising” losses related to commercial real estate Commercial...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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