The third-quarter national office vacancy rate remained flat from the second quarter, at 198%, but is 30 basis points lower than it was a year earlier, according to Cushman &...
Commercial Observer Colorado Federal Bank has provided $23 million of construction financing for the conversion of a former event venue in Brooklyn, NY, into a 60-unit apartment property Double U Development is developing the eight-story project at...
Commercial Observer Sumitomo Mitsui Banking Corp has provided $1075 million of financing against a 599-unit apartment portfolio in Richardson, Texas, and King of Prussia, Pa Ares Real Estate owns the two-property portfolio, which consists of Axis...
Atlanta Business Chronicle Google, Nike, and TikTok have signed industrial leases totaling more than 3 million square feet in the Atlanta area Google leased about 1 million sf at The Cubes at Locust Grove, at 700 Price Drive in Locust Grove, Ga The...
D2 Residential has provided $621 million of financing against the 316-unit Exchange at Holly Springs apartment property in the Raleigh, NC, suburb of Holly Springs, NC The five-year loan, which pays a floating coupon, was arranged by JLL Capital...
Dwight Capital has provided $32 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program for the 110-unit Americana apartment property in Philadelphia The property, at 1775 North American St, is...
Multi-Housing News Bank OZK has provided $1327 million of financing for the construction of ElevenOneEleven, a 344-unit apartment complex in Culver City, Calif A venture of Lincoln Property Co and McCourt Partners is building the property at 11111...
Minneapolis/St Paul Business Journal Amazoncom Inc has renewed its lease for 103,000 square feet of office space at T3, a 224,000-square-foot office building in Minneapolis The e-commerce giant has occupied the top three floors since 2016 JLL...
CMBS lenders appear to have remained relatively conservative in their lending practices so far this year One large multifamily loan skewed the data in a positive way...
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