Wells Fargo (NYSE:WFC) is completing a deal to sell a downtown San Francisco office property at a fraction of what it paid two decades ago. CoStar News, sourcing its coverage from unnamed “people with direct knowledge of the deal,” reported the 355,000-square-foot...
A district court judge has granted permission for an office property owner to evict Elon Musk’s Twitter Inc., from its space in a Boulder, Colorado-based complex. According to a BizWest.com report, The John Buck Co. and Lot 2 SBO LLC, co-owners of the S’Park...
JLL (NYSE: JLL) has introduced decarbonization consulting services and purpose-built technology designed for the commercial real estate industry. According to the Chicago-headquartered company, the new Decarbonization Strategy is designed to provide corporate real...
The shopping center company Westfield is transferring the ownership of its Westfield San Francisco Centre shopping mall to its lender, citing a sharp decline in sales and occupancy. “For more than 20 years, Westfield has proudly and successfully operated San Francisco...
Redwood Trust Inc. (NYSE: RWT) has launched a joint venture with funds managed by Oaktree Capital Management L.P. to invest in business purpose bridge loans originated by CoreVest American Finance Lender, a division of Redwood. According to the companies, the total...
Charles Cadogan, the 8th Earl Cadogan and one of Britain’s wealthiest real estate executives, passed away on June 11 at the age of 86. According to the Daily Mail, Cadogan headed up Cadogan Estates, which owns nearly 100 acres of prime real estate in the Kensington...
