Leyad Corporation, a Montreal-based real estate development company, has acquired the North Sydney Mall in North Sydney, Nova Scotia. The financial terms of the deal were not disclosed. According to the company, the acquisition adds 182,031 square feet of retail space...
The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. The percentage of loans...
Green Street, the provider of commercial real estate intelligence and analytics, has released its “2024 Sector Outlooks,” a series of forward-looking research reports highlighting operating fundamentals and valuations of commercial real estate. According to the...
Sagard Real Estate, formerly known as EverWest Real Estate Investors, has acquired a strategic industrial outdoor storage (IOS) facility located Mt. Juliet, Tennessee. The site is located in Wilson County, an industrial submarket in Nashville, and is located less than...
Greystone, a New York City-based commercial real estate finance company, has hired Leena Amin as a senior managing director for structured finance. In her new job, Amin will focus on expanding the firm’s bank and alternative capital relationships as well as developing...