Commercial Real Estate Direct Staff Report The $375 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default The loan, securitized through BANK, 2018-BN13, pays...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
About 250 years after the original 13 colonies declared their independence from England, their commercial real estate markets are facing a very different battle: CMBS office...
Multifamily construction activity is slowing in Orlando, Fla, as 1,215 new units came online in the first quarter, down sharply from the 2,988 units delivered in the fourth quarter of 2025 and the 2,276 units delivered in the first quarter of last...
Commercial Real Estate Direct Staff Report The value of the 614,000-square-foot former headquarters of Spectra Energy in Houston’s Uptown/Galleria submarket has been slashed by 755% to $207 million The reappraisal comes on the heels of the...
South Florida Business Journal An affiliate of Emerald Creek Capital has taken through foreclosure the Hillsboro Beach Resort in Hillsboro Beach, Fla, about eight miles southeast of Boca Raton, Fla As a result, the 81-unit property is scheduled to...
The World Cup is being held on North American soil for the first time since 1994 While it's still too early to gauge the full economic impact of the tournament on the US hotel sector, the early buzz is that hotels are benefiting from the event...
Crain’s Chicago Business The buzz is that a venture of Anagram Real Estate and Glendon Capital Management is in talks to buy the office component of Chicago’s River North Point mixed-use property out of foreclosure Trigild of Dallas is...
Meta Platforms Inc continues making strides to offload the 589,112 square feet of space it leases at the Sixth and Guadalupe mixed-use tower in Austin, Texas The parent company of social media platforms Facebook and Instagram recently inked The...
Commercial Real Estate Direct Staff Report The volume of multifamily loans in special servicing should plunge this month as the $5395 million senior mortgage against the Yorkshire & Lexington Towers apartment buildings, with a total of 808 units...
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.
