If anyone is looking to lease office space in Manhattan, there is no shortage of choices – two new data reports point to historically high vacancy rates in the heart of the Big Apple. Data from Colliers determined the borough’s office availability rate in the first...
The delinquency rate for commercial mortgage-backed securities (CMBS) dipped by 4 basis points to 4.67% in March, according to new data from Trepp LLC. Year over year, the overall CMBS delinquency rate is up 158 basis points from 3.09%. The percentage of loans that...
The real estate private equity firm Madison International Realty is expanding into the Asia-Pacific presence with the opening of an office in Singapore. Yichao Mark, formerly director of strategic investor solutions at the company’s New York City headquarters,...
The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 25-29. Miss: Placing Blame Elsewhere. Rhonda Burnett, a...
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...
MBA: Homebuyer Affordability Improved Slightly in June
