119 stories on commercial real estate in commercial real estate.
Kevin Warsh held rates steady at his first FOMC meeting but removed the Fed's rate-cut bias, with members split on whether a hike is ahead — complicating CRE capital markets.
RX Health & Science Trust and Transwestern sold Copper Point, a fully leased 92,109-SF medical office building in Gilbert, AZ, to Fidelity Investments.
Empire State Realty Trust (ESRT) has brought on industry veteran Sevinc Yuksel as senior vice president of design and construction. Backed by two decades of experience, Yuksel will spearhead the REIT's capital projects and redevelopment initiatives across its Manhattan portfolio.
JLL research shows commercial real estate lending competition and credit activity hit record highs in April, signaling improved borrower conditions in capital markets.
Alpine Investment Group sold Drake Crossing, a 56,214 SF retail center in Fort Collins, CO, for $12.2M to a joint venture of Big Ben Funds and CAMCRE.
JLL brokered the $12.1M off-market sale of Drake Crossing, a 56,214 SF retail center in Fort Collins, CO, from Alpine Investment Group to Big Ben Funds and CAMCRE.
Cava plans to open more than 75 new locations and hire 2,500 employees in 2026, targeting a 1,000-unit portfolio by 2032.
Eastern Union arranged $12.96M in financing for the $19.5M acquisition of Lima Center, a 174,078-sq-ft retail property in Lima, Ohio.
The commercial real estate advisory firm Franklin Street reports that successful shopping center operators have abandoned inter-mall competition, focusing instead on defeating the 'convenience economy.' Owners who transform their assets into experiential hubs are capturing the market share needed to sustain long-term occupancy growth.
Olmstead Properties and Vertex acquired 19 West 44th Street from Savanna for $108M, a 45% discount from Savanna's 2017 purchase price of $195M.
Home mortgage denial rates climbed to 15.1% in 2024, up from 12.2% in 2021, as the St. Louis Fed links surging rates to tighter lending standards.
CBRE arranged the $3.7M sale of a 16,390 SF multi-tenant retail property in Santee, CA from affiliates of Calgary Development to Burggraf Family Trust.