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Home > Allstate Quits Long Island, N.Y., Office Backing $89.77Mln CMBS Loan
Albany Business Review Heidenberg Properties has paid $28 million for 271,000 square feet, comprised mostly of a former Sears store, at the Colonie Center Mall in Albany, NY The Sears location, which is partly occupied by Whole Foods Market, was...
Figma has agreed to renew its lease for 97,606 square feet of office space at 760 Market St in San Francisco JLL Capital Markets brokered the lease on behalf of the product design and development platform company, while Newmark represented the owner...
Commercial Real Estate Direct Staff Report One City Centre, a 602,122-square-foot office building at 1021 Main St in Houston, is under contract to be sold That’s according to a CMBS Newsflash by Morningstar Credit Analytics this morning JLL...
Commercial Real Estate Direct Staff Report Macerich Co has negotiated a three-year term extension of the $8437 million mortgage against the Fashion Outlets of Niagara Falls, taking the loan’s maturity to October 2026 It would be the second...
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...
Host Hotels & Resorts Inc has paid $530 million, or $735,090/room, for a two-hotel complex with 721 rooms in Nashville, Tenn The Bethesda, Md, REIT bought the property, comprised of the 215-room 1 Hotel Nashville and 506-room Embassy Suites by...
Commercial Real Estate Direct Staff Report The $3896 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, RI, has been extended by a year through next February, with an option that would allow it to be...
Commercial Real Estate Direct Staff Report The two-building office complex at 760 and 800 Westchester Ave in Rye Brook, NY, last year had absorbed a 13 percent increase in utility expenses, helping offset the 64 percent increase in rental income it...
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...
Apartment tenants spent more of their incomes to rent their units this year, with those who choose to rent, but could afford to buy their homes if they wanted to, getting hit hardest The overall rent-to-income ratio increased in March by 20 basis...
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© 2023 Commercial Real Estate Direct All rights reserved..
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