ConnectCRE Wells Fargo Bank has provided $125 million of financing against Larimer Square, a 513,000-square-foot mixed-use property in downtown Denver that’s owned by Asana Partners of Charlotte, NC, which bought it in 2020 for $925 million...
The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture...
Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St in Brooklyn, NY, has been reappraised at a value of only $231 million, contributing to Morningstar DBRS’ downgrade of five principal-paying classes...
The Real Deal Tesla has signed a lease for 682,000 square feet of industrial space at 11801 Decker Lake Road in Austin, Texas The electric vehicle manufacturer will move into the building upon its completion in January The building is part of the...
Multi-Housing News Kite Partners has paid $241 million, or $277,011/unit, for the Q, an 87-unit apartment property in Seattle The local investment firm acquired the property from ACME Realty, which bought it in 2016 for $266 million CBRE represented...
Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn, has been reappraised at a value of $453 million The latest appraisal, which was highlighted this...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
InvenTrust Properties has paid $34 million, or $20118/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, NC The Downers Grove, Ill, REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va,...
AZ Big Media Okland Construction has agreed to lease an 85,241-square-foot industrial building at 2525 West Corporate Center Drive within the 17 North Corporate Center development in Phoenix The construction manager was represented by DAUM...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
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