The Denver metropolitan statistical area is the 14th largest apartment market in the country by number of units But it's among the most distressed, at least when measured by the percentage of securitized loans that are on servicer watchlists...
A total of $116 billion of the $63582 billion universe of securitized multifamily loans is delinquent That amounts to a delinquency rate of only 182% But the delinquencies aren't evenly distributed among securitization...
Commercial Observer Brex has leased 93,779 square feet of office space at 200 Varick St in Manhattan’s Hudson Square neighborhood The San Francisco financial technology company is expected to relocate from another Manhattan office GFP Real...
Commercial Observer Seward & Kissel has renewed its 171,112-square-foot office lease at One Battery Park Plaza in Lower Manhattan The New York law firm, which has occupied space at the property since 2011, leases floors 19 through 24 A venture...
Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
LA Business First Overton Moore Properties has paid $585 million, or $23579/sf, for the 248,100-square-foot industrial property at 14555 Alondra Blvd in La Mirada, Calif The Torrance, Calif, real estate developer bought the property from Brookfield...
Silicon Valley Business Journal SFF Realty Partners has paid $82 million, or about $197/sf, for The Almaden, a three-building office complex in downtown San Jose, Calif The San Francisco investment firm acquired the property from KBS of Newport...
Publix Super Markets Inc, which operates 1,432 grocery stores, now owns 550 properties, most of which are shopping centers that include its stores Last year, the grocery chain generated $322 million of lease...
Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho The Indianapolis developer is building the property at 16761 North Idaho Center Blvd, about 17 miles east of Boise, Idaho Highline...
Crain’s Chicago Business S&C Electric has agreed to lease a 295,000-square-foot building at the Logistics Campus, a 32 million-sf industrial development in the Chicago suburb of Glenview, Ill The Chicago power-equipment manufacturer is...
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.
