Regions
CBRE Global Buys Historic Office Asset in Amsterdam
Herenstaete, an iconic 64,600-square-foot property, is currently undergoing a sweeping renovation that will yield modern, sustainable office space while preserving historically significant features.
High Street Retail in West Hollywood Trades for $21M
Blatteis & Schnur of Los Angeles purchased the storefront on Melrose Avenue that is currently leased to Lululemon and Joe & The Juice.
Iconic Manhattan Skyscraper Lands $510M Refi
Wells Fargo Bank provided the floating-rate loan for the revamped 120 Broadway building.
CLOSED: 2020 Stars to Watch Nominations
Commercial Property Executive is currently accepting nominations for our 2020 Stars to Watch feature. Submit now before it’s too late!
Bracing for a Wave of Missed Retail Rents
Many stores and chain restaurants are unable to meet their lease obligations amid coronavirus-related closures.
April Fool’s Day 2020: No Joke for Borrowers, Loan Servicers
What happens when the COVID-19 shutdown triggers missed payments on CMBS and CLO loans? An analysis from BlackEagle Real Estate Partners’ Debra Morgan and Paul Fiorilla of Yardi Matrix.
Coworking vs. Coronavirus: Overcoming Challenges
Flex space providers enter an experimental stage and adapt to the new normal.
Jernigan Capital Lands Expanded, Extended Credit Facility
The self-storage owner/lender’s new credit facility adds $140 million to its predecessor’s total value, more than a year to its maturity and three new banks to the lending syndicate, all while trimming credit spreads.
Canadian Firm Buys Chicago MOB
Mohawk Asset Management Corp. purchased the 30,000-square-foot Portage Park Medical Office Building from the fully leased property’s lead tenant.
Tropicana Las Vegas to Sell in $338M Leaseback Deal
The deal is set to provide Penn National Gaming with more liquidity during the coronavirus outbreak.