Commercial Real Estate
CMBS Delinquency Rate Rises to 7.47%
The lodging sector’s delinquency rate recorded the largest decline of the month, falling 105 basis points to 5.56%. Continue Reading CMBS Delinquency Rate Rises to 7.47%
Tampa Bay Rays Offer to Pay for Half of Proposed New Stadium
The Tampa Bay Rays agreed to cover at least half of the cost for the proposed stadium to be constructed on the site of Hillsborough College’s Dale Mabry campus. The team’s offer is part of a document titled “Update on Tampa Bay Rays Ballpark Discussions” that was...
Capital Square Opens Luxury Mixed-Use Complex in Raleigh
Maeve includes 297 apartments and more than 10,000 square feet of street-level retail space. Continue Reading Capital Square Opens Luxury Mixed-Use Complex in Raleigh
New Data Center Alliance Aims to Develop Zero-Emission Facilities
The alliance founders are Innovo Profitable Net Zero, ESS, Arco Design/Build, and Corpus Christi Regional Economic Development Corporation. Continue Reading New Data Center Alliance Aims to Develop Zero-Emission Facilities
Dynamic City Capital Expands into Luxury Spa Resort Market
The property features 137 rooms and suites, a full-service spa, and curated wellness programs. Continue Reading Dynamic City Capital Expands into Luxury Spa Resort Market
Milbank LLP Adds New Partner in Real Estate Group
Alex Meirowitz joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a partner in the Real Estate Group. Continue Reading Milbank LLP Adds New Partner in Real Estate Group
JPMorgan Chase Expands Size of San Francisco Regional HQ
The bank will lease an additional 65,000 square feet at 560 Mission Street. Continue Reading JPMorgan Chase Expands Size of San Francisco Regional HQ
Faropoint Acquires Second California Industrial Property
The financial aspects of the transaction were not disclosed. Continue Reading Faropoint Acquires Second California Industrial Property
Historic NYC Office Property is Subject to UCC Foreclosure
The 26-story, 511,000-square-foot property was built in 1926 and is located in Midtown Manhattan near Grand Central Terminal. Continue Reading Historic NYC Office Property is Subject to UCC Foreclosure
Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Florida and Ohio are also seeking to host NASA’s headquarters when its lease in Washington, DC, expires. Continue Reading Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Hits and Misses for the Real Estate Week of April 14-18
Letitia James accused of mortgage fraud, the Sun Belt loses its charm, and a tribute to a lodging sector leader. Continue Reading Hits and Misses for the Real Estate Week of April 14-18
LendingClub Pays $74.5 Million for New San Francisco HQ Building
The property was constructed in 1986, last purchased in 1999, and renovated in 2020. Continue Reading LendingClub Pays $74.5 Million for New San Francisco HQ Building















