Phoenix Business Journal LaPour is planning to convert the 351,600-square-foot Arizona Center office building in downtown Phoenix into a 340-room JW Marriott hotel The 19-story building at 400 East Van Buren St is less than a block from the Phoenix...
Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, a recently launched index that tracks net-effective rents at similar-quality properties...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
Artificial intelligence companies were seeking 1682 million square feet of office space across the country during the 12 months through May, according to leasing software company VTS That demand volume is 85% greater than a year...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
Orlando Business Journal JBL Development has lined up $625 million of construction financing for the first phase of The Gateway luxury apartment project in Orlando, Fla Highland Commercial Mortgage provided the loan JBL, a Hollywood, Fla, developer,...
South Florida Business Journal Coastland Residential has lined up $845 million of construction financing for Vybe 75, a 366-unit apartment project in Miami PNC Bank provided the loan The eight-story project is being built on a 437-acre site at 4383...
Foreign investors pursuing permanent residency in the United States through the EB-5 visa program have until September 30 to take advantage of existing minimum investment...
The percentage of CMBS conduit loans that paid off at their maturities last month increased to 7205% from 637% in June, according to Trepp Inc, marking the highest on-time payoff rate in four...
Commercial Property Executive Stack Infrastructure, Blue Owl Capital’s data-center development arm, has paid $664 million for a 71-acre development site at 15140 Keyser Road in Culpeper, Va The Denver company acquired the property from RACM,...
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