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CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

by John G. Stevens | Oct 20, 2026 | Commercial Real Estate News, Current News & Events, Tech Trends

CBRE has agreed to pay £460 million, about $610 million, for London-based data-center infrastructure contractor Onnec Group. The company could pay another £300 million ($400 million) if Onnec meets growth targets over several years. The acquisition announced October...
Ladder Capital Invests $700 Million as Office Sale Lifts Quarterly Earnings

Ladder Capital Invests $700 Million as Office Sale Lifts Quarterly Earnings

by John G. Stevens | Oct 16, 2026 | Uncategorized

Commercial mortgage REIT Ladder Capital put more than $700 million into new loans and securities during the third quarter, an expansion that came as a profitable office-property sale supplied a substantial lift to reported earnings. The New York lender reported $67.3...
Clearinghouse CDFI Secures $100 Million Treasury-Backed Bond Allocation

Clearinghouse CDFI Secures $100 Million Treasury-Backed Bond Allocation

by John G. Stevens | Oct 16, 2026 | Commercial Real Estate News, Current News & Events, U.S. Housing Market

Clearinghouse Community Development Financial Institution has secured a $100 million allocation through the U.S. Treasury’s CDFI Bond Guarantee Program, providing access to long-term financing for projects in underserved communities.The Lake Forest,...
Ladder Capital Invests $700 Million as Office Sale Lifts Quarterly Earnings

Walker & Dunlop Arranges $216 Million Refinancing for SoHo Mixed-Use Property

by John G. Stevens | Oct 16, 2026 | Commercial Real Estate News, Current News & Events

Walker & Dunlop arranged $216 million in bridge financing for 568 Broadway, a 12-story office and retail property in Manhattan’s SoHo neighborhood, in a transaction that highlights continued lender interest in select mixed-use assets.The company said its...
UDR Taps Blackstone Veteran Scott McCallum as Chief Investment Officer

UDR Taps Blackstone Veteran Scott McCallum as Chief Investment Officer

by John G. Stevens | Oct 16, 2026 | Commercial Real Estate News, Current News & Events, Industry Updates

Apartment owner UDR has appointed Blackstone executive Scott McCallum as executive vice president and chief investment officer, effective November 5, 2026, as the publicly traded multifamily REIT refreshes its senior investment leadership.McCallum will report to UDR...
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