A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
A family office has leased 5,063 square feet at the 9 West 57th St office building in Midtown Manhattan, with rent averaging $32750/sf, believed to be the highest ever recorded in the borough The 168 million-square-foot building, a block from...
LA Business First A development group led by Lowe has broken ground on Carina, a 408-unit apartment property in Santa Ana, Calif The Los Angeles developer is building the property at 2828 North MainPlace Drive, about 31 miles southeast of Los...
Prices for Midwest apartment properties that were sold in last year's third quarter increased by 33% from the previous year, according to Northmarq The median sales price of a unit was $186,400 last year, up from $140,000 in 2024...
Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price The Redwood City, Calif, company purchased the property from Karlin Real Estate of Los Angeles, which recently...
South Florida Business Journal City National Bank of Florida has provided $58 million of financing for the construction of the Oasis at Doral mixed-use development in Doral, Fla A venture of Apollo Cos and Triarch Capital Group, both of Aventura,...
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 Real Estate Direct Staff Report Cottonwood Group has provided $102 million of financing for the construction of the 216-room Kimpton Hotel in downtown Salt Lake City Walker & Dunlop arranged the loan on behalf of Domain Cos of New...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St in Hoboken, NJ The loan allows the property’s...
The Real Deal JPMorgan Chase Bank has provided $417 million of financing for the development of the 875,720-square-foot 570 Fifth Ave office building in Midtown Manhattan The property is being built by Extell Development of New York in partnership...
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