The volume of CMBS loans that are more than 30 days late with their payments declined by $264 million in December to $4358 billion, marking the fifth time that delinquency volumes declined last...
Gothamist Zohran Mamdani, who was sworn in as New York City’s mayor on New Year’s Day, will soon get a majority of seats on the Rent Guidelines Board, which governs rate increases at the city’s roughly 1 million rent-stabilized...
Commercial Real Estate Direct Staff Report The average monthly asking rent for apartment units nationally declined in November by $8 to $1,740/unit, according to Yardi Matrix, marking the fourth straight month in which rents have declined But...
Massachusetts residents likely will vote in November on whether to overturn a 32-year-old law that banned statewide rent control in the commonwealth But the state's governor has gone on the record opposing the effort, arguing that what the state...
Commercial Observer DPR Construction has leased 202,600 square feet at the 548,000-sf Northlake II industrial property at Harley Club Drive in Ashland, Va The general contractor will occupy Building D in the four-building complex, which is owned by...
The office vacancy rate for Chicago's central business district was 226% during the third quarter, according to Transwestern But that doesn't provide a clear picture of the city's office landscape, as the 20 newest and largest office properties had...
The Commercial Real Estate Finance Council’s upcoming Miami conference, set for Jan 11-14, is shaping up to be among the best-attended of the trade group’s major events So far, more than 4,000 people are expected to attend However, not...
Commercial Observer Moody’s Corp has leased 460,000 square feet at the 16 million-sf 200 Liberty St office building within the Brookfield Place complex in Lower Manhattan The financial information company will relocate from the 758,000 sf it...
Commercial Observer Bloomberg LP has renewed its lease for 495,753 square feet at 120 Park Ave, a 643,000-sf office building in Manhattan CBRE arranged the lease on Bloomberg’s behalf, while JLL represented the building’s owner, Global...
Major apartment-owning REITs have bought and sold $69 billion of properties this year through September, marking a significant increase from last year, when they completed only $37 billion of deals...
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.
