Commercial Real Estate
New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
IEM said it partnered with six consumer brands to launch experiential retail environments. Continue Reading New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
Redwood Trust in Joint Venture on Bridge Loans Investments
The joint venture intends to initially finance its portfolio with warehouse facilities. Continue Reading Redwood Trust in Joint Venture on Bridge Loans Investments
Lord Cadogan, Billionaire UK Real Estate Executive, Dies at 86
Cadogan Estates owns nearly 100 acres of prime real estate in the Kensington and Chelsea sections of London. Continue Reading Lord Cadogan, Billionaire UK Real Estate Executive, Dies at 86
A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants
Last week, New York City Mayor Eric Adams filed a lawsuit against 30 counties in upstate New York for refusing to accept illegal immigrants currently housed across the Big Apple. “Since this crisis began, New York City has — virtually on its own — stepped up to...
Elon Musk Blamed for Goldman Sachs’ CRE Woes
Musk stopped paying rent for the Twitter offices in November. Continue Reading Elon Musk Blamed for Goldman Sachs’ CRE Woes
Blackstone Acquires Majority Stake in Out-of-Home Media Company
New Tradition Media’s portfolio includes One Times Square in New York City and The Reef in Los Angeles. Continue Reading Blackstone Acquires Majority Stake in Out-of-Home Media Company
MBA Names Christine Chandler as Vice Chairwoman for 2024 Membership Year
Chandler is executive vice president, chief credit officer and chief operating officer with M&T Realty Capital Corp. in Baltimore. Continue Reading MBA Names Christine Chandler as Vice Chairwoman for 2024 Membership Year
REIT Forfeits on $725M Loan for Two San Francisco Hotels
CEO and Chairman Thomas J. Baltimore Jr. called it a “very difficult, but necessary decision.” Continue Reading REIT Forfeits on $725M Loan for Two San Francisco Hotels
Fitch Ratings Downgrades REIT Sector to ‘Deteriorating’
Fitch predicted the U.S. economy will go into a recession, most likely late in the year. Continue Reading Fitch Ratings Downgrades REIT Sector to ‘Deteriorating’
More Than Half of Americans Report Local Retail Crime is Rising
51% of Americans said law enforcement and the courts were too lenient on those who loot and shoplift from stores. Continue Reading More Than Half of Americans Report Local Retail Crime is Rising
Hits and Misses for the Real Estate Week of May 29-June 2
Elon Musk talks real estate, tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Continue Reading Hits and Misses for the Real Estate Week of May 29-June 2
