Commercial Real Estate
Hits and Misses for the Real Estate Week of Sept. 15-18
Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. Continue Reading Hits and Misses for the Real Estate Week of Sept. 15-18
Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
The group said the DC Council only offered “insignificant penalties if the Commanders delay or never build affordable housing.” Continue Reading Sierra Club Condemns DC Council’s Approval of Commanders Stadium as ‘Giveaways to Billionaires’
University of Iowa lists dorm for sale at $45 million
The 326,000-square-foot building in Iowa City is being offered as a “multi-family” property Continue Reading University of Iowa lists dorm for sale at $45 million
Harry Klaff Named US President at Avison Young
He succeeds Juan Bueno, who is leaving the firm for a new opportunity. Continue Reading Harry Klaff Named US President at Avison Young
Person of the Week: Isaac Dixon, Senior Vice President of Real Estate at DiversyFund Inc.
“From an operational perspective, multifamily is pretty stable and strong,” said Dixon. Continue Reading Person of the Week: Isaac Dixon, Senior Vice President of Real Estate at DiversyFund Inc.
Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges
Zhang Li has been living under house arrest in his luxury London penthouse since last December. Continue Reading Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges
Hits and Misses for the Real Estate Week of June 12-16
An abandonment of San Francisco commercial mortgages, the Fed presses the pause button and President Biden’s unlikely railroad idea. Continue Reading Hits and Misses for the Real Estate Week of June 12-16
Historic San Francisco Office Property in Mortgage Default
Swift Real Estate Partners acquired the 100,200-square-foot building for $64.25 million in 2018. Continue Reading Historic San Francisco Office Property in Mortgage Default
Report: Wells Fargo to Sell San Francisco Office Tower at Severe Discount
The 355,000-square-foot property was acquired by the lender in 2005 for $110 million. Continue Reading Report: Wells Fargo to Sell San Francisco Office Tower at Severe Discount
Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent
Twitter stopped paying rent at the property in March and no longer has a physical presence at the property. Continue Reading Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent
JLL Debuts CRE Decarbonization Solution
JLL is also hosting a June 27 webinar on how to develop a decarbonization strategy. Continue Reading JLL Debuts CRE Decarbonization Solution
Westfield to Surrender San Francisco Centre Mall to Lender
“San Francisco Centre’s debt is non-recourse and this action has no impact on the rest of [Unibail-Rodamco-Westfield’s] debt,” said the company. Continue Reading Westfield to Surrender San Francisco Centre Mall to Lender
