Commercial Real Estate
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
Women’s Fashion Retailer Francesca’s to Close All Stores
The chain has more than 450 stores in 45 states, with 3,400 employed as associates. Continue Reading Women’s Fashion Retailer Francesca’s to Close All Stores
Rockefeller Center Office Space to Become New Luxury Hotel
If approved, the hotel will open in 2026. Continue Reading Rockefeller Center Office Space to Become New Luxury Hotel
UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
“This entitled land provides us with a pipeline of new sites to generate profitable sales and should result in improved operating results,” said Samuel A. Landy, president and CEO at UMH Properties. Continue Reading UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Chalme and Blanco launched Paradigm after coordinating one-off asset management and advisory assignments for lenders. Continue Reading New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Market Snapshot: US Office Sector
Occupied space per office-using worker is 12% below the 2015 level and has sunk to a record low. Continue Reading Market Snapshot: US Office Sector
Private-Label CMBS Issuance Down in Q1
Trepp’s CMBS Delinquency Rate was down in March. Continue Reading Private-Label CMBS Issuance Down in Q1
Noelle Perkins Named EVP and General Counsel at Cushman & Wakefield
Perkins joins Cushman & Wakefield from Univar Solutions, where she served as senior vice president, general counsel, chief risk officer and secretary. Continue Reading Noelle Perkins Named EVP and General Counsel at Cushman & Wakefield
MBA: $816 Billion In Commercial Real Estate Mortgage Activity in 2022
This represented an 8% drop from the record $891 billion in 2021, although it was also a 33% spike increase from $614 billion in 2020. Continue Reading MBA: $816 Billion In Commercial Real Estate Mortgage Activity in 2022
Guest Column: Finding Opportunity Within Real Estate’s Chaos
As proptech usage increases, the risk of cyberattack also climbs. Continue Reading Guest Column: Finding Opportunity Within Real Estate’s Chaos
New Platform Details Commercial and Retail Properties for Lease and Sale
According to ICSC, the new platform aggregates information from 15 distinct data sources. Continue Reading New Platform Details Commercial and Retail Properties for Lease and Sale
GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
Seven additional build-to-rent communities are now underway. Continue Reading GTIS Partners Debuts Build-to-Rent Community Development Subsidiary
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