Commercial Real Estate
Sale Price for San Francisco’s Transamerica Pyramid is Revealed
The sale is only the second time since the property’s opening in 1972 that it has changed hands. Continue Reading Sale Price for San Francisco’s Transamerica Pyramid is Revealed
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
Macy’s to Close 150 Stores
The company insisted these locations generate less than 10% of its sales. Continue Reading Macy’s to Close 150 Stores
Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?
1,522 out of 4,641 banks have total commercial real estate exposures greater than 300%. Continue Reading Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?
Jonathan Pollack to Become President at Starwood Capital Group
Pollack was Blackstone’s global head of the firm’s real estate credit business since 2016. Continue Reading Jonathan Pollack to Become President at Starwood Capital Group
New Chairman at Bravo Property Trust
Gaby Moshayev was previously CEO at Harel Finance Alternative Ltd. Continue Reading New Chairman at Bravo Property Trust
Bluerock Value Exchange Debuts New Industrial Portfolio
DIP III is seeking to raise approximately $41 million from accredited investors. Continue Reading Bluerock Value Exchange Debuts New Industrial Portfolio
Former Morgan Stanley Global Chairman Joins CBRE Board
Guy A. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. Continue Reading Former Morgan Stanley Global Chairman Joins CBRE Board
Lessee of Former Trump Hotel in DC Defaults on Loan
CGI CEO Raoul Thomas said he is in talks to receive up to $100 million in new financing for the property. Continue Reading Lessee of Former Trump Hotel in DC Defaults on Loan
Hits and Misses for the Real Estate Week of Feb. 19-23
An upstart trade group’s PR coup, an iconic theater saved by Hollywood’s A-list and an unwanted honor for New Jersey are among this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Feb. 19-23
Judge Denies Trump Request to Delay Penalty Payment
“You have failed to explain, much less justify, any basis for a stay,” said Judge Arthur Engoron. Continue Reading Judge Denies Trump Request to Delay Penalty Payment
Margo Steahly Joins Trilogy Real Estate Group as SVP
In her new job, Steahly will be responsible for furthering the sales efforts of Trilogy’s private placement offerings. Continue Reading Margo Steahly Joins Trilogy Real Estate Group as SVP
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