The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
Multi-Housing News JPL Development has lined up $395 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn, an eastern suburb of Minneapolis Gantry arranged the 10-year loan It pays a fixed rate...
A venture of Opus and Principal Asset Management has secured two industrial leases totaling 204,908 square feet at the 169-acre Sun Empire development in Aurora, Colo, about 21 miles east of Denver The two leases, for 146,141 sf and another for...
Atlanta Business Chronicle Pactra USA Inc has fully leased the 691,667-square-foot International Commerce Center in Adairsville, Ga The Duluth, Ga, logistics firm is leasing the industrial property from Welcome Group, a Houston company that acquired...
Baltimore Business Journal The Maryland Department of General Services plans to lease 144,130 square feet at the 479,000-sf One South Street office building in Baltimore The state agency’s 15-year lease begins next February Terms of the deal...
Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
Philadelphia Business Journal Mission Critical Group has agreed to lease 266,000 square feet at 1600 Delp Drive in Harleysville, Pa The McKinney, Texas, electrical equipment supplier is leasing the industrial property from High Street Logistics...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Benefit Street Partners has provided $821 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis The three-year loan, which could be extended by up to two additional...
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.
