The DC Council voted 9-3 on Friday afternoon that approves plans for a new football stadium to accommodate the Washington Commanders. ESPN reports the council needs to hold a second vote on Sept. 17 on the issues but added that unnamed “multiple sources involved in...
The Cincinnati Bengals announced it has finalized a new lease that will keep the team at Paycor Stadium through June 2036, with the option for a 10-year extension through June 2046. As part of the lease deal, the Bengals will invest $120 million in a renovation...
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
The Link at Uptown, a Class AA office tower in the Uptown submarket of Dallas, has been sold for $218 million. Built in 2021, the 25-story Link at Uptown totals 292,000 square feet and features a tenant base that includes Houlihan Lokey, PMG and McGuireWoods. The...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
