Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country’s primary markets declined last year by 56% from 2024 to 5,9944 megawatts of power capacity at the end of last year, according to CBRE That...
Lending under the US Department of Housing and Urban Development's various multifamily and healthcare property programs increased by more than half during its last fiscal year to $1576...
Simon Property Group, which owns the Williamsburg Premium Outlets retail center in historic Williamsburg, Va, has negotiated a three-year term extension of the property's $185 million mortgage...
Last year marked the second in a row in which the sales volume of apartment properties increased Signs indicate that volumes should continue...
Vornado Realty Trust Inc leased 37 million square feet of office space at its Manhattan properties last year, marking its best year in more than a decade In 2024, it leased 265 million...
The risk that one of the highest-rated bond classes of a 2015 CMBS conduit deal would suffer losses recently increased as the combined allocated appraised value of the collateral behind its five remaining assets has declined to well less than the...
Commercial Real Estate Direct Staff Report Pyramid Management Group has lined up $2045 million of financing against its Walden Galleria shopping mall in the Buffalo, NY, area, allowing it retire a $19643 million CMBS loan that was set to mature in...
Orion Properties Inc, which late last year expressed "substantial doubt" about its ability to continue as a going concern because of a pair of looming debt maturities, has addressed those issues, including extending the maturity of a $355 million...
The Paramus Park shopping mall in the northern New Jersey borough of Paramus has been reappraised at a value of only $614 million The latest appraisal is bad news for the CMBS deal that holds a $120 million mortgage against the...
Commercial Real Estate Direct Staff Report The recent sale of 175 West Jackson Blvd in Chicago has resulted in a complete wipe out of the $25047 million CMBS loan that encumbered the 145 million-square-foot office building As reported, 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.
