Commercial Real Estate
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
The purchase price was not disclosed. Continue Reading International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
Trepp CMBS Delinquency Rate Drops to 4.51%
At the end of 2022, the CMBS delinquency rate was 3.04%, a 147 basis points difference. Continue Reading Trepp CMBS Delinquency Rate Drops to 4.51%
Two Towers in Detroit’s Renaissance Center are Sold
The company acquired the 21-story Towers 500 and 600 for an undisclosed price. Continue Reading Two Towers in Detroit’s Renaissance Center are Sold
New Forecast Points to Robust Year for REITs
2024 is expected to see more of the REIT consolidations that shaped much of 2023. Continue Reading New Forecast Points to Robust Year for REITs
Joshua Varghese Joins Trez Capital’s Board of Governors
Varghese was a founding partner and president of Axia Real Assets. Continue Reading Joshua Varghese Joins Trez Capital’s Board of Governors
Hits and Misses for the Real Estate Week of Dec. 25-29
A lack of affordable homeownership options, another lawsuit over broker commissions and the sale of a Frank Lloyd Wright house tops this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 25-29
Los Angeles’ Aon Center Sold for $153.5 Million
The Aon Center is the third tallest building in Los Angeles and the fourth tallest in California. Continue Reading Los Angeles’ Aon Center Sold for $153.5 Million
Real Estate Company Bids $4.9 Million for Bankrupt University’s Campus
Alderson Broaddus was a small Baptist university in West Virginia that filed for bankruptcy last August. Continue Reading Real Estate Company Bids $4.9 Million for Bankrupt University’s Campus
BOMI Offers Digital Badging for Certificate and Designation Holders
BOMI is working with Credly, the digital credentialing leader, to provide digital badges. Continue Reading BOMI Offers Digital Badging for Certificate and Designation Holders
Taiwan’s Commercial Property Transactions Up 2.8% During 2023
However, land deals dropped by 20.4% to $4.1 billion, a six-year low. Continue Reading Taiwan’s Commercial Property Transactions Up 2.8% During 2023
Apple Hospitality REIT Acquires Las Vegas Hotel for $75 Million
The hotel opened in October 2009 and is adjacent to the newly expanded Las Vegas Convention Center. Continue Reading Apple Hospitality REIT Acquires Las Vegas Hotel for $75 Million
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