The latest commercial real estate news and developments.
Andrew Levison, chief investment officer at The Dermot Company, has transformed his career from managing small properties in Connecticut to overseeing institutional-scale multifamily acquisitions and development across the nation.
Los Angeles County supervisors have prolonged emergency tenant protections tied to recent wildfires, keeping rent increase caps and eviction limitations in place through March 29. The decision has drawn pushback from landlord advocacy groups seeking clearer end dates for the measures.
LaSalle Investment Management has brought on Peter Sibilia, formerly of Rithm Capital, to steer its U.S. transactions division as the firm looks to capitalize on evolving market conditions.
A premium penthouse in central London with connections to Rolling Stones frontman Mick Jagger has entered the market, highlighting how celebrity ownership history continues to drive interest in the capital's ultra-prime residential segment.
Industry leaders gathered at Commercial Observer's Multifamily Investment Forum delivered a surprisingly candid assessment of the sector's headwinds, with one developer calling the discussion unusually somber compared to typical industry events. The honest exchange signals a shift in how real estate professionals are grappling with current market realities.
In a legal landscape often dominated by aggressive posturing, King & Spalding partner John Wilson has built a distinguished career by embracing the industry's most convoluted financing challenges. His methodical approach to complex transactions offers valuable insights for commercial real estate professionals navigating today's challenging capital markets.
Legendary developer Larry Silverstein dominated commercial real estate headlines this week, overshadowing broader market concerns about trade policy and economic uncertainty. The industry icon's latest moves signal continued confidence in prime real estate markets.
A joint venture led by The Dermot Company has secured substantial financing to finalize the acquisition of a Class-A apartment community in Palm Beach Gardens. Affinius Capital stepped in to provide the $110 million debt package for the 340-unit property.
Marcus & Millichap has successfully brokered the sale of a transit-oriented apartment community in Attleboro, Massachusetts, highlighting continued investor interest in well-maintained assets along the MBTA commuter rail line.
The gaming giant has finalized a nine-figure acquisition of municipal parkland in the Bronx, marking a major step forward for its planned casino development after securing state approval late last year.
Bridge Industrial has landed a $56.7 million construction loan from Associated Bank to transform a dated office complex in Doral, Florida, into modern industrial space, marking another milestone in South Florida's industrial development surge.
Following a prolonged period of volatility, institutional investors are turning their attention back to the British retail sector. With pricing adjustments creating attractive entry points, the race to acquire prime assets is intensifying.