If you’re looking to lease office space in San Francisco, you have an excessive quantity of choices at your disposal. New data from the commercial real estate brokerage CBRE (NYSE:CBRE) determined 31.8% of San Francisco’s office properties were vacant during the...
The Federal Housing Administration (FHA) published a Mortgagee Letter that increases the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. This marked the first increase in the multifamily loan threshold since 2014. The...
A company owned by Charles Kushner, the father of former President Donald Trump’s son-in-law and one-time political advisor Jared Kushner, has made an unsolicited offer to buy a real estate investment trust. K Corp Acquisitions LLC, owned by Charles Kushner, reached...
Buffalo, New York-headquartered M&T Bank (NYSE:MTB) has recruited Tim Gallagher to become head of commercial real estate. Gallagher joins M&T from Slate Asset Management, where he was managing director. Gallagher also held managing director positions at Annaly...
Harbor Custom Development,Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ), a Tacoma, Washington-based real estate company involved in all aspects of the land development cycle, announced Lance Brown is stepping down as chief financial officer (CFO), effective July 21. In a...
Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...