Investment commercial real estate news and analysis.
Brookfield Properties locked in a five-year, $800 million CMBS loan for its 2.4-million-square-foot tower at Brookfield Place, contributing $172.5 million in fresh capital to replace a maturing $900 million mortgage.
Creating a commercial real estate offering memorandum used to mean weeks of back-and-forth with designers. A new generation of purpose-built OM software is cutting that timeline to hours — and brokers say the results are better.
CBRE generated nearly $700 million in data center revenue in a single quarter as the asset class surpasses traditional office development for the first time, with McKinsey projecting $6.7 trillion in investment needed by 2030.