Commercial Real Estate
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Trump Organization Reportedly Considering to Regaining Control of DC Hotel
The property was originally the Post Office Building, which opened in 1899. Continue Reading Trump Organization Reportedly Considering to Regaining Control of DC Hotel
Connecticut Data Center Sells for $10 Million
This is Aphorio Carter’s seventh critical infrastructure real estate purchase within the last two years. Continue Reading Connecticut Data Center Sells for $10 Million
Hits and Misses for the Real Estate Week of Dec. 9-13
This week’s Hits and Misses include a slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. Continue Reading Hits and Misses for the Real Estate Week of Dec. 9-13
VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver in late spring 2026. Continue Reading VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
The property last changed hands in 2019 when Starwood Capital Group paid $315 million to buy it. Continue Reading Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
The transaction is the largest real estate investment by a foreign investor in Japan. Continue Reading Blackstone Pays $2.6 Billion for Mixed-Use Tokyo Property
Albertsons Ends Merger Deal and Sues Kroger
The initial agreement included the offloading of 413 locations to C&S Wholesale Grocers LLC. Continue Reading Albertsons Ends Merger Deal and Sues Kroger
The Pierre, a Historic NYC Hotel, Reportedly Up for Sale
The 41-floor hotel opened in 1930 and was acquired by India’s Taj Hotels and Resorts in 2005. Continue Reading The Pierre, a Historic NYC Hotel, Reportedly Up for Sale
A Phil Hall Op-Ed: A Tale of Two Misguided Cities
Editor Phil Hall questions the viability of government-fueled real estate projects in New York City and Chicago. Continue Reading A Phil Hall Op-Ed: A Tale of Two Misguided Cities
Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants
ASC Global stated it seeks to accommodate over 100 companies and creating over 10,000 new jobs in this industrial park. Continue Reading Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants
