Commercial Real Estate
NYC Council Members Ask Mamdani to Seize Private Property Adjacent to Underground Railroad Site
Mamdani’s office did not comment on the lawmakers’ letter. Continue Reading NYC Council Members Ask Mamdani to Seize Private Property Adjacent to Underground Railroad Site
Hits and Misses for the Real Estate Week of June 8-12
A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. Continue Reading Hits and Misses for the Real Estate Week of June 8-12
Forecast: AI to Generate 330 Million Square Feet of Commercial Real Estate Demand Over Next 10 Years
The report predicted the industrial real estate sector will be the strongest beneficiary of the new AI era, with an additional 298.5 million square feet of absorption. Continue Reading Forecast: AI to Generate 330 Million Square Feet of Commercial Real Estate Demand Over Next 10 Years
Q1 Commercial/Multifamily Borrowing Up 52% Year-Over-Year
The dollar volume of loans originated for investor-driven lenders increased by 133% year-over-year. Continue Reading Q1 Commercial/Multifamily Borrowing Up 52% Year-Over-Year
Brookfield Asset Management Completes $1.2 Billion Acquisition of Peakstone Realty Trust
With its completion, Peakstone is now a privately held company and its shares no longer trade on the New York Stock Exchange. Continue Reading Brookfield Asset Management Completes $1.2 Billion Acquisition of Peakstone Realty Trust
Chicago Mayor Renews Effort to Keep the Bears from Relocating
Neither the Bears nor the NFL are considering a future for the team in Chicago. Continue Reading Chicago Mayor Renews Effort to Keep the Bears from Relocating
Ken Griffin Expands Miami Office Property Following Mamdani’s ‘Tax the Rich’ Video
“We will add far more jobs in Miami over the next decade as an immediate and direct consequence of the mayor’s poor decision here with respect to his posting of that video,” said Griffin. Continue Reading Ken Griffin Expands Miami Office Property Following Mamdani’s ‘Tax the Rich’ Video
CommLoan Adds Land and Build-to-Rent Financing to Platform
“Every deal type we add makes the platform smarter,” said Mitch Ginsberg, founder and CEO of CommLoan. Continue Reading CommLoan Adds Land and Build-to-Rent Financing to Platform
Poll: 30% of Illinois Residents Say ‘It’s Not Important’ if the Bears Move to an Indiana Stadium
More than 69% of respondents wanted the majority of funding for the stadium to come from the team. Continue Reading Poll: 30% of Illinois Residents Say ‘It’s Not Important’ if the Bears Move to an Indiana Stadium
Historic California Hotel Acquired by Native American Tribe
The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. Continue Reading Historic California Hotel Acquired by Native American Tribe
CMBS Delinquency Rate Dips by Single Basis Point
The five largest newly delinquent loans accounted for just over $1.26 billion of the roughly $2.63 billion in newly delinquent loans. Continue Reading CMBS Delinquency Rate Dips by Single Basis Point
Law Firm Offers Webinar Series Covering Legal Issues in Real Estate Development
The next webinar presentation, “Recent Trends in Real Estate Development and Financing,” is scheduled for May 20. Continue Reading Law Firm Offers Webinar Series Covering Legal Issues in Real Estate Development
Recent Posts
Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
- National Competition to Restore Long-Vacant Official Residence of Canada…
- NAR: Two-Thirds of All Realtors are Women
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