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Home > Office Values Seen Plunging by 35 Percent from Peaks by End of 2025; Recovery Not Until 2040
Commercial Real Estate Direct Staff Report Rialto Capital Advisors, which last year had taken title to the Hilton Woodcliff Lake hotel in northern New Jersey, has put the 338-unit property up for sale The property, at 200 Tice Blvd in Woodcliff...
Commercial Real Estate Direct Staff Report The universe of commercial mortgages outstanding in the United States increased by $377 billion in the second quarter, to $46 trillion, according to the Mortgage Bankers Association The increase was driven...
Orlando Business Journal Encore Real Estate Investment Services has been tapped to market for sale the Dellagio Town Center, a 109,000-square-foot lifestyle center in Orlando, Fla A Wellington, Fla, limited liability company owns the property, at...
WP Carey Inc, among the largest REITs focusing on the net-leased property sector, is quitting the office-owning business It's spinning off 59 of its properties through a newly formed company charged with eventually disposing of those properties and...
The Registry Blackstone Group has put its Embarcadero Square office building at 650 Davis St in San Francisco on the sales block The investment manager had acquired the 298,875-square-foot property, formerly known as Golden Gateway Commons, in 2018...
REJournalscom Emmis Corp is offering for sale One Emmis Plaza, a 140,000-square-foot office property in Indianapolis The media company has hired Cushman & Wakefield to market the seven-story property, which was built in 1998 One Emmis Plaza, at...
Commercial Real Estate Direct Staff Report The $73 million loan against the Regions Tower, a 687,237-square-foot office property in Indianapolis has transferred to special servicing because it’s expected to default at its maturity next month...
Dallas Morning News Newmark Group is marketing for sale a pair of suburban Dallas office properties with about 670,000 square feet on behalf of separate sellers The brokerage has the listing for Collins Crossing, an 11-story building with more than...
The volume of multifamily sales nationwide totaled $282 billion in the second quarter - down 718 percent from a year ago - according to Newmark Meanwhile, multifamily debt originations totaled $723 billion through the first half of 2023, down 58...
The vacancy rate for retail properties along Chicago's Magnificent Mile was 141 percent in the second quarter, according to Cushman & Wakefield That's down from 163 percent in the second quarter of last year, but well more than the 33 percent rate...
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© 2023 Commercial Real Estate Direct All rights reserved..