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Commercial Real Estate News Feed

March 4
9:29 PM
globest Freddie Mac Resumes Single Sponsor K-Deals McLEAN, VA--The GSE has done single-sponsor multifamily K-Deals before but not recently.
March 4
8:22 PM
globest Self-Storage Recording Tremendous Growth CHICAGO--Occupancy levels keep rising and revenue has followed. But a lack of new supply continues to present challenges.
March 4
6:17 PM
globest More Than Half of Resetting HELOCS Are Underwater IRVINE, CA--According to a new report from RealtyTRAC, the estimated balance of resetting HELOCs is at $158 billion, with $88 billion on underwater homes. California, Florida, ...
March 4
6:09 PM
globest Upper East Side Mixed Changes Hands NEW YORK, NY--Acadia Realty Trust has purchased the retail-office-parking building at 1035 Third Ave., and HFF arranged a $42 million acquisition-improvement loan.
March 4
6:08 PM
globest 250K SF Tech Space Coming to Old Town PHOENIX--Stockdale Capital Partners has announced plans to break ground in the third quarter on Marquee at the District, a new 250,700-square-foot class A creative office ...
March 4
5:53 PM
globest New JV Wins Bid for Brent Cross South LONDON--Newly formed Argent Related will work in partnership with Barnet County on a massive master planned project that will include 7,500 homes and more than 4 million square ...
March 4
5:05 PM
globest Former Property Manager Buys Denton Apts. DENTON, Tex.--Kingswood Circle LLC has purchased Kingswood Apartments, a class B 200-unit complex, in Denton. The partnership of Mike Wells and Robert Aiello acquired the asset ...
March 4
5:05 PM
globest Facelift Underway, Overlook Attracting New Tenants LITTLE FALLS, NJ--New tenants apparently like what they see so far from the renovations at Overlook Corporate Center in Little Falls, NJ. Richard Mirliss and Richard Madison, ...
March 4
4:58 PM
nytimes The 30-Minute Interview: A Conversation With Winston C. Fisher Mr. Fisher is a partner of Fisher Brothers, a family real estate company, with around 1.5 million square feet of space under development, largely in Manhattan and Washington.
March 4
4:55 PM
wsj Venture Plans New Office Space for Downtown Brooklyn Quinlan, Building & Land will convert a self-storage facility on Flatbush Avenue.
March 4
4:55 PM
globest E-tailer Doubles Its Midtown South Lease NEW YORK CITY--Menswear brand Bonobos--known for providing showrooms for customers to try on merchandise before ordering online--is expanding on 25th street.
March 4
4:49 PM
globest 'Globally Present and Locally Relevant' SEATTLE--"Marketing used to be about spin" but now is about "transparency and sharing," Colliers' newly appointed global chief marketing officer, Christine Schultz, tells ...
March 4
4:44 PM
globest What Kinds of Companies Are Driving Office Leasing? MIAMI--There's been a big resurgence in the office market beyond Miami. So says JLL's John Gilbert, managing director at JLL, in part one of this EXCLUSIVE interview.
March 4
4:40 PM
globest Broward Industrial Submarket Demand Rising FORT LAUDERDALE, FL--Avison Young just inked one of the largest industrial lease renewals in recent months to prove it.
March 4
4:39 PM
bizjournals Triad commercial real estate market is 'healthy, tight' Commercial real estate in the Triad is continuing its multiyear wakeup from the Great Recession, local industry leaders say, with several green — but also a few yellow — lights ...
March 4
4:33 PM
globest Investment Platform Likes Denver's 'Underlying Fundamentals' DENVER--In this EXCLUSIVE Q&A, we chat with Brandon Jenkins of real estate crowdfunding and investment platform, Fundrise, on why Denver made Real Estate Forum's list of growth ...
March 4
4:26 PM
wsj Florida Developer Rides Four Seasons Wave Nadim Ashi plans to build a Four Seasons hotel and condos behind the legendary Surf Club in Miami Beach, part of a new vanguard of developers entering untapped markets for the ...
March 4
4:25 PM
bizjournals WeWork grabs Mid-Market office for Bay Area expansion WeWork, the fast-growing co-working office space provider, has signed a lease at 995 Market St. in San Francisco for its fifth Bay Area location. The lease was 65,000 square ...
March 4
4:22 PM
globest Plaza, DevStar Ink $85M Construction Loan MIAMI--It's one of the largest construction loans offered to a South Florida developer this year. Get all the details.
March 4
4:13 PM
globest Southwest Medical Village Is Sold AUSTIN-- Southwest Medical Village, a recently constructed class A medical outpatient facility in the southwest submarket, has been sold. CBRE Capital Markets' Institutional ...
March 4
3:59 PM
globest What Concerns Fannie and Freddie MIAMI-- PNC Realty's Daniel Cunningham moderated a discussion between John Kovacevich, director of Fannie and Richard Martinez, vice president of Production and Sales at Freddie, ...
March 4
3:20 PM
globest Oil Price Drops Cut Both Ways for Industrial NEW YORK CITY--Declining energy prices are "largely positive for the US economy," but have also led to some industrial markets here and in Canada rethinking their outlooks, says ...
March 4
2:25 PM
bizjournals Beavercreek conference center proposes new library building A religious conference center in Beavercreek is proposing a nearly 12,000 square foot expansion. Mount Saint John, a 150-acre retreat and conference center owned by the Marianist ...
March 4
1:42 PM
bizjournals Commercial real estate brokers in Albany select new president The Commercial & Industrial Real Estate Brokers, Inc, a trade association in Albany, New York, has named Jessica Richer as its 2015 president. Richer, a broker in the commercial ...
March 4
1:38 PM
globest HFF Financing for Edison Industrial Prices at $63-64/SF EDISON, NJ–HFF closed the sale of and secured acquisition financing for One Truman Drive South, a 369,313-square-foot industrial warehouse facility in Edison, NJ. The firm did ...
March 4
1:12 PM
globest Beds and Meds Show Strong Deal Flow in Philadelphia PHILADELPHIA, PA--Deal flow in the healthcare and multifamily sectors has been robust, particularly in the University City area of Philadelphia, according to the Deal Flow Panel ...
March 4
1:11 PM
nreionline NREI/Marcus & Millichap Investor Sentiment Index Sets New Record High Exclusive results from the NREI/Marcus & Millichap Investor Sentiment Survey show that investor confidence in the commercial real estate market has surged to a new all-time high ...
March 4
12:54 PM
globest MCR Development's Strategy Is to Renovate HOUSTON--MCR Development LLC, the seventh-largest hotel owner-operator in the country, has completed a renovation of the TownePlace Suites by Marriott Houston Intercontinental ...
March 4
12:10 PM
globest Brooklyn Sees Biggest Single Asset Sale Yet NEW YORK CITY--A storage space purchased in the Downtown portion of the city's hottest borough will become office space, an asset class mostly lacking in the area.
March 4
11:55 AM
globest Prebys Cardiovascular Institute Completed LA JOLLA, CA--The seven-story, $456 million heart hospital, the centerpiece of the campus master plan, beings serving patients this month after nearly four years of planning and ...
March 4
11:50 AM
globest TRI Pointe Homes Reports Post-Merger Results IRVINE, CA--After its July merger with Weyerhaeuser, adjusted 4th quarter earnings rose 17%, and the company has been rebranded TRI Pointe Group.
March 4
11:46 AM
wsj Dolce & Gabbana Signs SoHo Lease Italian luxury retailer Dolce & Gabbana has signed a lease for a three-story building in Manhattan’s SoHo neighborhood, the property owner said on Tuesday.
March 4
11:45 AM
globest Single-Tenant Retail Property Brings $25.9M FOUNTAIN VALLEY, CA--The 6.5 acre site that includes a Curacao Department Store was acquired by Spirit Realty Capital, a publicly-traded Arizona REIT whose core business is ...
March 4
11:25 AM
globest Midtown Manhattan Reaches No. 3 in C&W Global Price Ranking NEW YORK--Cushman & Wakefield's report shows that Midtown Manhattan commanded $131 a square foot annually, and that most global markets are in growth mode.
March 4
11:25 AM
globest Midtown Becomes Third Most Costly Global Office Market NEW YORK--A new report by Cushman & Wakefield shows that Midtown Manhattan commanded $131 a square foot annually, and that most global markets are in growth mode.
March 4
11:24 AM
globest Wood Partners Sheds San Mateo Multifamily SAN MATEO--Land and Houses USA buys an 111-unit apartment building here for $73.6 million or $663,063 per unit.
March 4
10:16 AM
wsj Silicon Valley's Land Rush Some of Silicon Valley’s biggest companies are on a real-estate buying binge, paying premium prices to make sure they have enough space for future expansion.
March 4
10:15 AM
globest Multifamily Lands 80% LTC Financing LOS ANGELES--Elite Real Estate secures $21 million in financing to develop an 80,000-square-foot apartment complex, the largest built in the upscale submarket in more than a ...
March 4
10:12 AM
globest P2P Lending Gains Institutional Momentum LOS ANGELES--In this EXCLUSIVE Q&A, AssetAvenue's David Manshoory talks about the history and rise of peer-to-peer lending in commercial real estate, and why institutional ...
March 4
10:10 AM
globest Kohl's Trades At Record-Low Cap Rate REDANDO BEACH, CA--In a private transaction, an 88,000-square-foot triple-net-leased Kohl's retail store trades hands for a 4.8% cap rate, beating the previously lowest cap rate ...
March 4
9:39 AM
wsj Investors Bet on London Commuter Line The dowdy, down-on-its heels end of London’s otherwise tony Oxford Street could soon get a new lease on life with the arrival of a commuter rail line.
March 4
9:39 AM
nreionline 10 Must Reads for the CRE Industry Today (March 4, 2015) Chicago’s Willis Tower is up for sale, reports Bloomberg. The Wall Street Journal looks at Silicon Valley’s property buying binge. Lowes Hotels & Resorts opens a new 400-room ...
March 4
9:03 AM
globest Bankruptcy, Receivership: the Fundamental Differences SAN DIEGO--Locally based Trigild chairman and CEO along with general counsel talks about what nuances savvy investors need to understand in this EXCLUSIVE commentary.
March 4
9:00 AM
marketwired Cushman & Wakefield | Commerce Remembers and Pays Tribute to the Late Keith W. Bassett LAS VEGAS, NV--(Marketwired - Mar 4, 2015) - Keith W. Bassett, a senior director in the Las Vegas office of Cushman & Wakefield | Commerce passed last week at the age of 75. ...
March 4
8:56 AM
nreionline Oil Price Declines: Lessons Learned Should Be Bigger Than Texas Recent volatility in oil prices is an abrupt reminder to real estate investors of how quickly markets outside of commercial real estate can change. It is clear there are risks to ...
March 4
8:52 AM
bizjournals TCAR honors top commercial real estate brokers with Frontier Awards The Triangle Commercial Association of Realtors held its annual Frontier Awards event on Tuesday at Carolina Country Club in Raleigh recognizing more than 40 of the Triangle's ...
March 4
7:59 AM
globest 'Today's Debt is Tomorrow's Equity' NEWPORT BEACH, CA--Speakers at the Money Chase, which featured a panel of capital experts, say that today's low-interest-rate environment is like money in the bank for investors, ...
March 4
7:58 AM
bizjournals Atlanta CRE startup REscour raises $1.3M from Tom Cousins, Jason Calacanis Data mining and predictive analytics startup REscour has raised $1.3 million from a phalanx of high-profile investors, including West Coast angel investor Jason Calacanis, Mosley ...
March 4
7:57 AM
wsj Superrich Hunt for Trophies in London Property Market The global superrich are making the purchase of trophy commercial properties in London much more competitive.
March 4
7:53 AM
globest The Use Trend That's Growing in SD SAN DIEGO--Adaptive re-use is the order of the day in San Diego for developers looking to breathe new life into older buildings by converting them to residential, HFF's Tim Wright ...