Multi-Housing News A group comprised of Kennedy Wilson, Hulic Co, and Fuyo General Lease has paid $176 million, or $564,103/unit, for One South Market, a 312-unit apartment property in downtown San Jose, Calif The group acquired the property, at 1...
Crain’s Chicago Business Google plans to consolidate its Chicago workforce of more than 2,500 employees at the Thompson Center, a 12 million-square-foot office building in the city’s Loop neighborhood The tech giant will leave its...
South Florida Business Journal An affiliate of Miso Scale Diagnostics has paid $2752 million, or $32762/sf, for the 84,000-square-foot warehouse at 1114 North Congress Ave in West Palm Beach, Fla The Rockville, Md, biotechnology company acquired the...
South Florida Business Journal An affiliate of Riverside District Development has paid $2203 million, or $60588/sf, for the 36,377-square-foot retail building at 930 Lincoln Road in Miami Beach, Fla The local developer acquired the property from a...
The Denver metropolitan statistical area is the 14th largest apartment market in the country by number of units But it's among the most distressed, at least when measured by the percentage of securitized loans that are on servicer watchlists...
A total of $116 billion of the $63582 billion universe of securitized multifamily loans is delinquent That amounts to a delinquency rate of only 182% But the delinquencies aren't evenly distributed among securitization...
OakNorth and Hickory CRE Lending have provided $378 million of financing to fund the redevelopment of the 69,754-square-foot office property at 3333 K St NW in Washington, DC’s Georgetown area into a residential condominium property The...
Commercial Observer Brex has leased 93,779 square feet of office space at 200 Varick St in Manhattan’s Hudson Square neighborhood The San Francisco financial technology company is expected to relocate from another Manhattan office GFP Real...
Commercial Observer Seward & Kissel has renewed its 171,112-square-foot office lease at One Battery Park Plaza in Lower Manhattan The New York law firm, which has occupied space at the property since 2011, leases floors 19 through 24 A venture...
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