Log In or Subscribe to read more
Home > Public Markets Beat Down Office-Owning REITs; SL Green Hit Especially Hard
Boston Properties Inc, which last year started positioning itself to buy office properties that might face financing challenges, has found few such opportunities It's noticed that lenders aren't dealing with many maturing mortgages on the type of...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units nationally increased in the first quarter by 04 percent from a year ago, to $2,163, according to CBRE That number is unchanged from the fourth quarter The...
Commercial Real Estate Direct Staff Report Hudson Pacific Properties is planning to sell three of its office properties as part of its continuing effort to reduce its leverage levels The Los Angeles REIT, which has a portfolio of 45 office...
Cushman & Wakefield, among the largest brokerage firms in the world, reported an overall decline in first quarter revenue from its four major business lines in the Americas The company separately reported that the national office vacancy rate hit...
Macerich Co, which two months ago named Jackson Hsieh its president and chief executive, has adopted a plan that will lead to it selling perhaps 10 properties and giving back up to six of its malls to its lenders...
Commercial Real Estate Direct Staff Report Apartment operating expenses in January had increased by 71 percent from a year ago, according to Yardi Matrix The Santa Barbara, Calif, software and data company said the increase, to $8,950/unit annually...
Capital-raising for real estate funds during the first quarter remained lackluster, according to Preqin, with only $285 billion of capital raised on behalf of 59 funds that closed during the period That compares with 116 funds that had closed after...
Commercial Real Estate Direct Staff Report Fannie Mae funded $101 billion of multifamily loans during the first quarter, just shy of the $102 billion it funded during the same period a year ago and $112 billion during the fourth quarter The...
The volume of delinquency in the CMBS universe ballooned by 74 percent last month to $2971 billion, according to Trepp Inc, putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns The office...
Commercial Real Estate Direct Staff Report Owners of office properties in Manhattan, continuing to face lackluster tenant demand for space, had increased the amount of tenant-improvement allowances they offer at both trophy and class-A buildings...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..
Subscribe now to keep reading and get access to the full archive.