The commercial mortgage-backed securities (CMBS) delinquency rate dipped by a single basis point to 7.85% in August, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.29%. Trepp noted that several large loans became delinquent last month...
Bigger price tags on smaller homes, the Chicago Bears refuse to commit to a new stadium site, and Dolly Parton’s commercial real estate success. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 24-28. Miss: Shrinkflation...
JLL Income Property Trust (NASDAQ: ZIPTAX) has acquired Midtown Village, a shopping center in Tuscaloosa, Alabama for approximately $94 million. The property is a 345,000-square-foot open-air retail center and is leased to a mix of prominent national chains and...
One Marina Park Drive, a 494,938-square-foot Class A office tower in Boston’s Seaport District, has been sold for $435 million. The 18-story building was constructed in 2010 as the anchor commercial asset of The Fallon Company’s $4 billion Fan Pier...
Taylor Hospitality, a Waynesboro, Virginia-based hospitality management company, has completed its acquisition of The Blennerhassett, the 1889 landmark hotel in downtown Parkersburg, West Virginia. The 82-room hotel will be rebranded as The Blennerhassett, a Giovanni...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
