Wells Fargo (NYSE:WFC) is completing a deal to sell a downtown San Francisco office property at a fraction of what it paid two decades ago. CoStar News, sourcing its coverage from unnamed “people with direct knowledge of the deal,” reported the 355,000-square-foot...
While the office property sector has generated a surplus amount of attention from anxious lenders and investors, a new warning from Fitch Ratings insisted the risks from higher interest rate encompasses the wider commercial real estate (CRE) market. “The roughly $3...
New York City officials have begun to hunt through real estate listings for vacant office space in an attempt to find available shelter for the growing number of illegal immigrants that are being relocated into the city following the termination of Title 42. The New...