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...
The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 11 million-square-foot office building in Dallas Cushman & Wakefield has been tapped to market the 45-story property, at...
It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold The 856,428-square-foot shopping center had been expected to sell for $131 million to the city of West Des Moines, which was working with ATI Group,...
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...
Washington Business Journal O’Brien-Staley Partners is offering for sale the 122,611-square-foot office building at 2900 K St NW in Washington, DC The Edina, Minn, investor has tapped Transwestern to market the five-story property, which is...
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...
Philadelphia Business Journal KKR Real Estate Finance Trust Inc is offering for sale 325 Chestnut St, a 211,000-square-foot office property in Philadelphia The New York REIT has tapped Newmark to market the 13-story property It had taken title to...
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.
