Commercial Real Estate Direct Staff Report Morningstar DBRS estimates that the three Club Quarters hotels in Chicago, San Francisco, and Philadelphia that back a $2407 million mortgage securitized through BX Trust, 2017-CQHP, would recover only...
The volume of CMBS loans that are more than 30 days late with their payments spiked in March by $308 billion, to $4583 billion, marking the largest one-month increase in delinquency volume since May 2023, when volumes increased by $326 billion...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
Manhattan had only 173 retail storefronts available at the end of last year, down from 194 a year earlier Demand has been healthiest for space in some tony...
Commercial Real Estate Direct Staff Report The $425 million CMBS loan against the 119 million-square-foot JACX office complex in Queens, NY, is unlikely to get refinanced by its September maturity As a result, the loan, securitized through BAMLL...
Commercial Real Estate Direct Staff Report Outlet Shoppes at Gettysburg, a 249,937-square-foot retail property in Gettysburg, Pa, was reappraised at the end of last year at a value of $148 million CBL & Associates Properties Inc owns the...
Tanger Inc's portfolio of 41 retail properties, including 38 outlet centers, was 981% occupied as of the end of December It completed 31 million square feet of leasing with a blended rental rate spread of...
Commercial Property Executive Logistics Property Co has fully leased up Olive Logistics Center, a two-building industrial property totaling 132 million square feet in Glendale, Ariz The Chicago developer completed the property’s construction...
Commercial Real Estate Direct Staff Report The 31 apartment properties with 3,505 units in New York City that back a troubled $5063 million CMBS loan continue to face challenges, with expenses growing at a far faster clip than revenue The...
OpenAI has agreed to fully lease the 450,000-square-foot office property at 350-380 Ellis St in the Bay Area neighborhood of Mountain View, Calif The artificial intelligence company was represented by JLL, while Newmark represented the landlord KKR...
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