Realtor.com is relocating its corporate headquarters from Santa Clara, California, to the Texas capital of Austin. The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Realtor.com’s leadership made the...
The delinquency rate on commercial mortgage-backed securities (CMBS) dipped by 1 basis point in January to 6.56%, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 4.66%. “This pullback follows six straight months of increases to the...
SL Green Realty Corp. (NYSE: SLG) has signed a 92,663-square-foot expansion lease with IBM (NYSE: IBM) at One Madison Avenue at New York City, increasing the tech giant’s total footprint at the property to 362,092 square feet. The 15-year lease covers the entire...
The former headquarters of the WWE sports-entertainment empire was sold for $3.75 million to a developer who plans to transform the empty office property into luxury apartments. The Hartford Business Journal reports the 90,000-square-foot office building in Stamford,...
The newly inaugurated Trump administration is reportedly mulling the sale of two-thirds of the federal government’s office properties to the private sector. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the transition operations,”...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
