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Home > Bank CRE Lending Plunges in 3Q; Charge-Offs, Delinquencies Increase
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...
The Real Deal Lamar Cos has paid $637 million, or $14883/sf, for Geneva Commons, a 438,000-square-foot retail center in Geneva, Ill The Fairfield, NJ, company purchased the property from LaSalle Investment Management, which had acquired it in 2013...
REBusiness Online Greystone has provided $20 million of Freddie Mac financing against Ray Philly, a 110-unit apartment property in the South Kensington area of Philadelphia The property, at 1525 North American St, is owned by a venture of Ray and...
Commercial Real Estate Direct Staff Report American Eagle will vacate the 192,322 square feet it occupies at 393-401 Fifth Ave in midtown Manhattan as part of a broader consolidation As reported, the retailer had signed a lease for 338,035 sf at 63...
HotelBusinesscom Hudson Bay Capital has provided $55 million of financing against the 561-room DoubleTree by Hilton Hotel Denver The floating-rate financing has a two-year term, but comes with a 12-month extension option The loan allows the owners...
Tampa Bay Business Journal Kolter Urban has lined up $182 million of construction financing for the Art House, a 244-unit residential condominium building in downtown St Petersburg, Fla Bank OZK provided the loan to the Delray Beach, Fla,...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc had signed 97 office leases for 922,000 square feet during the first quarter, a significant increase from the 520,000 sf of deals inked during the same period a year ago and 698,000...
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif The New York drug manufacturer’s lease for the entire property is set to mature in March 2027 It...
The Real Deal A venture of Intercontinental Real Estate and Harvest Properties is offering for sale the Kohl Building, an 85,600-square-foot office property in San Francisco Intercontinental, of Boston, and Harvest, of Oakland, Calif, has hired JLL...
South Florida Business Journal An affiliate of Blackstone Group has bought the 346-room W Fort Lauderdale hotel in Fort Lauderdale, Fla, for $9765 million, or about $282,225/room The New York company purchased the property from the Related Cos, also...
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© 2023 Commercial Real Estate Direct All rights reserved..
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