Commercial Real Estate
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The building last changed hands in 2014 when it was purchased by Blackstone Group for $750 million. Continue Reading SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The Indiana Bears? Hoosier Governor Campaigns to Attract Chicago’s Football Team
“We are working hard to bring the Chicago Bears to the Hoosier State so they can really see what a great place is to have a business,” said Gov. Braun. Continue Reading The Indiana Bears? Hoosier Governor Campaigns to Attract Chicago’s Football Team
CMBS Delinquency Rate Hits New Post-Covid Peak
The spike was fueled by a $930 million industrial loan that showed up as past its balloon date and was not current on interest payments. Continue Reading CMBS Delinquency Rate Hits New Post-Covid Peak
Parks Hospitality Holdings Acquires the Historic Boston Park Plaza
The hotel will be transitioned to Hilton Boston Park Plaza as part of a post-acquisition rebranding initiative. Continue Reading Parks Hospitality Holdings Acquires the Historic Boston Park Plaza
White House Voices Support (But Offers No Funds) to Convert Commercial Properties Into Residential Units
President Biden has yet to deliver a speech specifically addressing the housing market. Continue Reading White House Voices Support (But Offers No Funds) to Convert Commercial Properties Into Residential Units
Sera Global’s Investment Banking Team Joins CBRE
“Our team is well positioned to deliver a wider range of solutions to our clients,” said Sera Global’s Leo van den Thillart. Continue Reading Sera Global’s Investment Banking Team Joins CBRE
Realty Income Acquires Spirit Realty Capital for $9.3 Billion
“Spirit’s assets are highly complementary to our existing portfolio,” said Sumit Roy, president and CEO of Realty Income. Continue Reading Realty Income Acquires Spirit Realty Capital for $9.3 Billion
Hits and Misses for the Real Estate Week of Oct. 23-27
An uptick in home sales, a rise in retail crime and Jamie Dimon sells off some of his JPMorgan shares. Continue Reading Hits and Misses for the Real Estate Week of Oct. 23-27
Stephanie Phipps Named Director for JLL’s Value and Risk Advisory Platform
Phipps is joining JLL from BBG out of the Pacific Northwest region. Continue Reading Stephanie Phipps Named Director for JLL’s Value and Risk Advisory Platform
The Rattiest City in America Is…
Rodents invade an estimated 21 million U.S. homes each fall. Continue Reading The Rattiest City in America Is…
Janover Debuts AI Chatbot Interface
Janover Inc. (NASDAQ: JNVR), a Boca Raton, Florida-headquartered B2B fintech marketplace connecting commercial property borrowers and lenders, has launched chat.janover.co, a standalone artificial intelligence (AI) chatbot interface optimized to enhance business...
NYC’s Landmark Flatiron Building to be Converted Into Residences
The triangular building opened in 1902 and has been vacant since 2019. Continue Reading NYC’s Landmark Flatiron Building to be Converted Into Residences
