Commercial Real Estate
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Shalom Baranes Associates replaced James McCrery, who stepped down as the project’s original architect in October. Continue Reading Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Denver’s ‘Marijuana Mansion’ Listed at $2.3 Million
The 4,200-square-foot sandstone building is currently used as a private event venue. Continue Reading Denver’s ‘Marijuana Mansion’ Listed at $2.3 Million
CMBS Delinquency Rate Drops to 4.25% for August
Four of the five property sectors recorded rate increases. Continue Reading CMBS Delinquency Rate Drops to 4.25% for August
JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
The assignment covers 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries. Continue Reading JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects
PHFA Executive Director and CEO Robin Wiessmann said these projects “can provide an economic spark or help attract additional investments.” Continue Reading Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects
Kimco Realty Pays $2 Billion to Acquire RPT Realty
The transaction will add 56 open-air shopping centers comprising 13.3 million square feet of gross leasable area to Kimco’s existing portfolio. Continue Reading Kimco Realty Pays $2 Billion to Acquire RPT Realty
AXS Investments Launches Real Estate Income ETF
RINC is equally weighted by sector – 50% commercial real estate lending, 25% non-agency residential real estate debt, and 25% agency residential real estate debt. Continue Reading AXS Investments Launches Real Estate Income ETF
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Philadelphia-based Hersha will no longer be listed on any public securities exchange after the closing of the transaction. Continue Reading Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Hits and Misses for the Real Estate Week of Aug. 21-25
A seriously wrong news story about Mar-a-Lago and a seriously Wright timepiece celebrating a master architect highlight this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Aug. 21-25
Merredith Treaster Named SVP Northern California at EQ Office
The company’s Northern California portfolio totaling 1.4 million across the Bay Area. Continue Reading Merredith Treaster Named SVP Northern California at EQ Office
KBRA-Rated CMBS Hits 4.16% Delinquency Rate
The office sector continued to have the highest exposure, accounting for 41.4% ($762.3 million) of the newly specially serviced and newly delinquent loans. Continue Reading KBRA-Rated CMBS Hits 4.16% Delinquency Rate
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