The developer Worthe Real Estate Group and the real estate investment management firm Stockbridge announced the close of a $475 million fixed-rate securitized mortgage to finance Second Century, the recently completed 800,000-square-foot office project leased to...
Destination XL Group Inc. (Nasdaq: DXLG), a retailer specializing in men’s Big + Tall apparel, announced the strategic hiring of Beta Agency, a commercial real estate brokerage, to help grow the company’s footprint. DXL’s expansion plans includes the...
The Building Owners and Managers Association (BOMA) International has released its latest floor measurement standard for office buildings. The BOMA 2024 Office Standard includes many new features, enhancements, and clarifications since the last update was published in...
The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion higher than at the end of 2022, a 2.8% uptick, according to data from the Mortgage Bankers Association (MBA). On a quarterly measurement, total mortgage debt...
Hilton (NYSE: HLT) has announced its $210 million acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners. Graduate Hotels primarily focuses on markets near major colleges and universities in the U.S. and U.K. This is Hilton’s first brand...
Housing Inventory Drops by 12,093 Homes as Mortgage Rates Ease
