Commercial Real Estate
Hits and Misses for the Real Estate Week of Jan. 26-30
A Beverly Hills mansion that nobody wants, a push to end property taxes in Georgia, and Indiana goes Bears hunting. Continue Reading Hits and Misses for the Real Estate Week of Jan. 26-30
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
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
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














