Commercial Real Estate Staff Report The vacancy rate for office properties in St Louis increased to 18 percent in the first quarter, its highest level since 2013 when it reached 1793 percent, according to Colliers International The latest rate...
Commercial Real Estate Direct Staff Report Commercial property prices continued to increase in April, by 051 percent when compared with March, implying an annualized rate of growth of 612 percent, according to MSCI Real Assets In contrast, prices...
The $328 million Freddie Mac loan against Berkley Commons, a 544-unit apartment property in Indianapolis, has been transferred to special servicing as it allegedly has accumulated unpaid utility bills The loan, which remains current, was moved to...
Hull Property Group, which has acquired a number of troubled regional malls from CMBS trusts in recent years, bought the Westfield Citrus Park Mall in Tampa, Fla As part of its purchase, the Augusta, Ga, company has assumed a $12394 million CMBS...
Commercial Real Estate Direct Staff Report Destiny USA Mall in Syracuse, NY, has had its appraised value slashed by 80 percent from its original value, to $147 million The mall last was re-appraised in January 2021 at a value of $203 million It was...
Kastle Systems, which tracks actual occupancy at office properties in major markets across the country, reported a slight decrease in occupancy for the week through May 18, to 433 percent The Falls Church, Va, company, which installs security...
The $235 million CMBS loan against the 511,208-square-foot office building at 285 Madison Ave in midtown Manhattan has been transferred to special servicing at the request of the property's owner, RFR Holdings, which is hoping to get the loan's...
Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass The Great Neck, NY, investor paid $2917 million for the retail property, which was sold by the two CMBS trusts that had held $9452 million of debt against...
Commercial Real Estate Direct Staff Report Commercial property investment-sales volume jumped by 5562 percent in the first quarter when compared with a year ago, to $17085 billion, according to MSCI Real Assets That volume is the greatest for a...
Commercial Real Estate Direct Staff Report Apartment sales volume totaled $63 billion in the first quarter, up 775 percent from the $355 billion of investment volume at the same time last year, according to CBRE Apartment sales were down from the...
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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