The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
Brookfield Property Partners' GGP operation is facing challenges at three shopping malls that back $40216 million of CMBS...
Several sizable shopping mall loans became delinquent last month, increasing the overall volume of CMBS loans that were classified as being more than 30 days late by 144%, or $646 million, to $4567 billion, according to Trepp...
San Francisco Business Times Autodesk has decided not to renew its 109,432-square-foot office lease at One Market Plaza in San Francisco The construction and engineering software company will vacate the 16 million-sf building when its lease expires...
Artificial intelligence companies accounted for 115 million square feet, or 227%, of all office leasing in the country's major technology markets during the first quarter, according to...
The CMBS trusts that earlier this year took title to the Park Square office property in Boston's Back Bay area are said to have hired Eastdil Secured to market the 503,312-square-foot building for...
The appraised value of a 738-unit apartment property in suburban Cleveland, which was financed with a $53 million CMBS loan just two years ago, has been reduced by just more than 84%, to only $181...
Commercial Real Estate Direct Staff Report The 42,000 square feet of retail space at the base of the 12-story 599 Broadway office building in Manhattan’s SoHo neighborhood has had its appraised value slashed by nearly 80% to $32 million The...
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.
