Commercial Real Estate Direct Staff Report The commercial real estate sector has become increasingly bifurcated Class-A properties, even offices, are doing quite well Others: not so much That was the meat of the discussion at the Bifurcation and...
Commercial Real Estate Direct Staff Report Lenders of all stripes are bullish They’ve got plenty of capital to lend and property owners have accepted the fact that interest rates will remain higher than what became the norm until late 2022 But...
Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va The...
Albany Business Review Centers Health Care Network has sold a portfolio of three nursing homes and rehabilitation centers with a total of 332 beds in the Albany, NY, area for $331 million The Bronx, NY, company sold the properties to Lakewood,...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
Albany Business Review MLG Capital has paid $555 million, or $277,500/unit, for the Kensington at Halfmoon, a 200‑unit apartment complex in Halfmoon, NY The Brookfield, Wis, investment firm purchased the six-building property from Richbell Capital...
New York Post Cleary Gottlieb has renewed its lease for 475,000 square feet at the 23 million-sf One Liberty Plaza office building in Lower Manhattan The law firm, which was represented by Newmark and Cushman & Wakefield, renewed for another 20...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
Boston Business Journal An affiliate of Fidelity Investments has paid $100 million, or $42017/sf, for a 238,000‑square‑foot warehouse property at 800 Salem St in the Boston suburb of Wilmington, Mass The Boston investor purchased the industrial...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
