The four federal banking regulators have called on the nation’s financial institutions to “work prudently and constructively” with credit-worthy clients that are dealing with pressure related to the commercial real estate market. The statement from the Federal...
If you’re looking to lease office space in San Francisco, you have an excessive quantity of choices at your disposal. New data from the commercial real estate brokerage CBRE (NYSE:CBRE) determined 31.8% of San Francisco’s office properties were vacant during the...
Buffalo, New York-headquartered M&T Bank (NYSE:MTB) has recruited Tim Gallagher to become head of commercial real estate. Gallagher joins M&T from Slate Asset Management, where he was managing director. Gallagher also held managing director positions at Annaly...
The Toronto-headquartered commercial real estate services firm Avison Young has promoted Harry Klaff to U.S. President. Klaff joined the company in October 2020 as president of clients and is based in Washington, D.C.; earlier in his career, he was executive managing...
Another prominent San Francisco property has become the subject of property owner defaulting on its mortgage. The San Francisco Business Times reported Swift Real Estate Partners defaulted on a $62.3 million loan for 55 New Montgomery St., a 111-year-old office...
Office Properties Income Trust Posts $45.8 Million Loss After Bankruptcy Ex…
