Top News

Blackstone, the largest owner of commercial real estate in the world, is launching a REIT that would specifically target the data center sector.

Spending for the construction of data centers totaled $41.1 billion last year, up 31.7% from 2024 and 344% from 2020, according to the U.S. Census Bureau. However, that number understates the true scope of spending on such properties by a...

The $76.15 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del., is back in special servicing. The property very well could end up being owned by the CMBS trust that holds the loan.

Greystar is the country's largest owner of apartments for the third year in a row, with a portfolio of 119,160 units, according to a ranking by the National Multifamily Housing Council.

The General Services Administration recently found that none of the 9,766 buildings the government occupies meet the 60% utilization threshold mandated by the USE IT Act, which could accelerate its property disposition efforts.

A total of 41 CMBS loans with a balance of $2.86 billion were newly transferred to special servicers last month. That was among the highest monthly totals of new transfers in more than a year. However, the total volume of...

Rialto Capital Advisors was the most active buyer of CMBS conduit B-pieces during the first quarter, taking down the most subordinate bond classes of three of the period's 10 conduits.

The Manhattan office market showed continued signs of recovery in the first quarter, with leasing activity stabilizing and availability declining as tenants increasingly expanded their space footprints.

A total of 42 domestic, private-label CMBS deals with a balance of $32.74 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial Crisis.

Prices for Midwest apartment properties that were sold in last year's third quarter increased by 33% from the previous year, according to Northmarq. The median sales price of a unit was $186,400 last year, up from $140,000 in 2024.