Commercial Real Estate Direct Staff Report The 21 million-square-foot Illinois Center office complex in Chicago’s East Loop submarket has been reappraised at a value of $665 million The two-building property, at 111 East Wacker Drive and 233...
A total of 35 CMBS loans with a balance of $271 billion were transferred to special servicers last month But they worked out $149 billion of loans during that time, so the net increase in special servicing volumes was $122...
San Antonio Business Journal Net Lease Office Properties is offering for sale the 120,147-square-foot office building at 20880 Stone Oak Parkway in San Antonio CBRE has been tapped to market the three-story property, which serves as the headquarters...
Since 2024, conduit loan spreads have varied by region and metropolitan statistical area despite stable national median spreads, creating a clear—though narrower—pricing hierarchy than in...
The securitized world has $11 trillion of mortgages against multifamily properties An overwhelming majority were originated by government-sponsored enterprises, with a relatively tiny portion by CMBS lenders The latter have higher delinquency rates,...
Orlando Business Journal Seabreeze Office Associates is offering for sale the 121,746-square-foot office building at 444 Seabreeze Blvd in Daytona Beach, Fla NAI Realvest has been tapped to market the property, which comes to market without an...
Commercial Real Estate Direct Staff Report RXR Realty is offering for sale the Helmsley Building, a 14 million-square-foot office property in Manhattan The offering, which was first reported by Commercial Observer, comes more than two years after...
The Commercial Real Estate Finance Council’s annual conference got underway at Manhattan’s Marriott Marquis hotel this morning, with some 1,200 people in attendance One of the initial takeaways: don’t count on capitalization-rate...
Triangle Business Journal AD1 Hospitality is offering for sale the 166-room DoubleTree by Hilton Hotel in Rocky Mount, NC Hotel Brokers of America has been tapped to market the property, at 651 North Winstead Ave, with an asking price of $15 million...
Commercial Real Estate Direct Staff Report A venture of New York Life Investment Management, Donaldson Impact Investments, and Housing Initiative Partnership has paid $794 million, or $243,558/unit, for Yorkshire Apartments, a 326-unit apartment...
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.
