Commercial Real Estate Direct Staff Report Demand from artificial intelligence and technology companies drove San Francisco’s office vacancy rate lower by 630 basis points from a year earlier to 282% in the second quarter, according to Savills...
The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
Goldman Sachs has agreed to acquire LCN Capital Partners, a New York investment manager specializing in the net-leased property sector, in a deal valued at up to $410 million The investment banking giant is making a $260 million upfront payment,...
SparrowHawk has paid just less than $400 million, or $9091/sf, for a portfolio of 20 industrial buildings with 44 million square feet in four Midwestern states The Houston industrial property investment manager, which last year lined up $300 million...
Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, which tracks net-effective rents at similar-quality properties While the index was...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
Artificial intelligence companies were seeking 1682 million square feet of office space across the country during the 12 months through May, according to leasing software company VTS That demand volume is 85% greater than a year...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
Alpaca Real Estate has completed capital-raising efforts for its inaugural commingled fund, having raised $223 million of investor commitments The New York investment manager was launched in 2023 by a team led by Daniel Carr, former principal of...
Foreign investors pursuing permanent residency in the United States through the EB-5 visa program have until September 30 to take advantage of existing minimum investment...
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.
