News
Downtown Brooklyn’s Tallest Tower Opens
The project is the first of its kind to rise in the neighborhood since a 2004 rezoning.
SKW Funding, Bain Capital JV Eyes $1.3B in Distressed Debt
The companies will target special situation loan originations and sub- and non-performing note acquisitions.
WashREIT to Sell Office Portfolio for $766M
The company plans to divest the properties in Washington, D.C., and Northern Virginia as it moves to become a pure-play multifamily REIT.
Why CRE Investors Are Ready to Leave the Sidelines
As the pandemic-induced wariness is coming to an end, buyers should not expect discounts, particularly for core office product.
San Francisco Market Update: Silicon Valley Leads in Sales Volume
CommercialEdge data shows that primary suburban markets saw more than 1.6 million square feet in office assets trade for a combined $900 million.
Lowe Tops Out Los Angeles Office Tower
The building is situated in the city’s Arts District and features a wellness-oriented design.
Harbor, Bascom Wrap Up Renovations on North Hollywood Asset
A booming entertainment and media sector has driven interest in the creative office building.
JV Lands $500M Financing for Lower Manhattan Revamp
Nightingale Properties and Wafra Capital Partners will use the acquisition and construction loan to reposition an iconic 25-story tower.
Jera Asset Management, Invesco Real Estate Form JV
The REIT plans to invest as much as $3 billion in distribution centers, logistics properties and cold storage facilities over the next several years.
NYC Market Update: Office Investment Remains Depressed
Transaction volume in the first four months of 2021 shrunk to less than one-third of last year’s figure.