The monthly rents that the country's largest apartment REITs generated during the third quarter increased by 142% from the second quarter to an average of $1,926/unit That compares with the 049% increase in rents they reported in the second quarter...
New York Business Journal Oppenheimer Holdings Inc has leased 220,000 square feet of office space at 32 Old Slip in Lower Manhattan for its new headquarters The New York investment banking and wealth-management firm will occupy six full floors at...
South Florida Business Journal Wells Fargo Bank has increased its construction financing against Broken Sound Residences, a 494-unit apartment project under construction in Boca Raton, Fla, to $1765 million The bank assumed an existing $358 million...
Just more than $3 billion of CMBS loans transferred to special servicers last month That's 14% more than the average that has transferred monthly over the previous 12 months But special servicers worked out, or otherwise resolved, $135 billion of...
The Real Deal Antora Energy has leased all 294,000 square feet at a newly constructed industrial property at 475 Sycamore Drive in Milpitas, Calif Prologis, a San Francisco REIT, owns the property, which has power capacity of up to 4,000 amps, with...
Modal Labs has leased 160,000 square feet at the 116 million-sf 32 Ave of the Americas office building in Manhattan’s Tribeca neighborhood The New York company will relocate about 140 employees from 233 Spring St, also in Manhattan, by...
Chicago Business Journal Magna-Tiles is planning to build a 245,000-square-foot industrial property within the Carlow Corporate Center in Bolingbrook, Ill, The manufacturer of magnetic building sets is constructing the property on an 1169-acre site...
The volume of CMBS loans that are more than 30 days delinquent declined in October by $905 million to $4775 billion The drop was driven by the modification, or reversion back to performing, of a number of very large loans, including a $11 billion...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
CRG has broken ground on two buildings totaling 911,040 square feet at the Cubes at Etna industrial park in Etna, Ohio The Chicago developer is building the properties on 305 acres at 10202 Hazelton Etna Road, about 20 miles southeast of downtown...
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