Colonnade BridgePort, an Ottawa-based real estate management, investment, and development company, announced it has been awarded the property management mandates for over 2.3 million square feet in the Ontario cities of Burlington, Brantford, and Brampton. The...
The commercial mortgage-backed securities (CMBS) delinquency rate rose 14 basis points to 4.39% in September, according to new data from Trepp LLC. This is the second-highest reading for the CMBS delinquency rate since the end of the Covid-19 pandemic. Year over year,...
The New York City Economic Development Corp. (NYCEDC) issued a Request for Proposals (RFP) for a developer to lease, redevelop, and operate the Kingsbridge Armory, a 570,000-square-foot historic site in the Bronx and one of the largest armory buildings in the world....
BGO Industrial Real Estate Income Trust Inc. (BGO IREIT), a New York City-based non-traded real estate investment trust focused on income-oriented U.S. industrial warehouse and logistics properties, has acquired an indirect 34.2% ownership interest in a portfolio of...
1st Century Bank, the Los Angeles-based division of the privately-owned MidFirst Bank, announced its expansion into the San Diego market. This endeavor is being led by Jason Shidler, who joins 1st Century Bank as senior vice president and senior managing director....
A potential new life for a long-shuttered 100-year-old theater, federal workplaces that truly make employees ill, and Jerome Powell puts his foot on the economic brake. From the wild and wooly world of real estate, here are the hits and misses for this week. Hit and...
