Trinity Group Construction Inc., a Herndon, Virginia-based firm focused on the commercial property market, has appointed John P. Barron as chief operating officer. Barron has more than 40 years of experience in the construction industry and was previously president...
Manhattan’s office property market broke a record in the second quarter, with a new high of 70 million square feet of available space. According to a data report by Savillis, the availability rate rose by 20 basis points in the second quarter to 19.7%, the highest...
A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
The commercial mortgage-backed securities (CMBS) delinquency rate rose 28 basis points to 3.90% in June, according to new data from Trepp Inc. This new increase follows last month’s uptick in delinquencies to its highest rate in 14 months. The overall CMBS delinquency...
Historic New England, an independent preservation organization, has announced it will pursue a transformational redevelopment initiative in Haverhill, Massachusetts. The initiative will encompass more than three acres of historic buildings and vacant property in the...
Office Properties Income Trust Posts $45.8 Million Loss After Bankruptcy Ex…
