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...
Commercial Real Estate Direct Staff Report The $80 million CMBS loan against the 441,523-square-foot 3000 Post Oak Blvd office building in Houston’s Galleria area is headed to foreclosure The loan is divided among three CMBS deals, with a $35...
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...
The volume of CMBS loans that are classified as being delinquent declined in April by $815 million, or 178%, to $4502 billion Delinquency volumes have gyrated over the past 12 months, climbing in six months and declining in another...
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...
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 &...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
St Louis Business Journal Burns & McDonnell has agreed to lease 74,273 square feet of office space at 1245 JJ Kelley Memorial Drive in St Louis The engineering firm will be moving in at the beginning of 2027 Burns & McDonnell noted that it...
Apartment rents in San Francisco averaged $2,737/unit in the first quarter, up 3% from the same time last year, according to Kidder Mathews The vacancy rate throughout the city has declined year over year to 47% from 53%...
Rentvcom Columbia Container Lines has agreed to lease 156,100 square feet of industrial space at 691-701 Burning Tree Road in Fullerton, Calif, about 23 miles south of Los Angeles The freight forwarding and logistics company was represented by...
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.
