REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

Prince Building's $200M Loan Enters Default Following Extended Repayment Period
$200M loan tied to Soho's Prince Building defaults, with sponsors failing to repay debt at maturity.
Prince Building loan defaults on $200 million repayment in New York City.
Housing Development Zoning Change to Be Considered at November Council Meeting
REAL ESTATE | Proposed 90+ unit housing project up for rezoning vote November 11
Housing development zoning change proposal to be discussed at November council meeting.
Erie County Property Sales and Transfers
Weekly property deals: see buyers and sellers in action.
Erie County property sales and transfers data displayed on a computer screen.
Apollo Commercial REIT Sees One-Year Returns Boosted by Recent Share Surge
Key Insights: Institutional investors' significant stakes in Apollo Commercial Real Estate Finance suggest confidence in its financial stability and growth prospects.
Real estate investment trust Apollo Commercial REIT experiences surge in one-year returns.
Crown Heights Development: Eichner's Project Faces City Council Vote
Crown Heights development's fate set to be decided at City Council zoning subcommittee meeting November 12.
Crown Heights development project led by Eichner faces NYC City Council vote.
Artis REIT Reports Robust Q3 2024 Earnings Performance
Artis REIT Reports Reduced Leverage, Improved Payouts, and Strong Property Sales in Q3 2024.
Artis Real Estate Investment Trust reports strong Q3 2024 earnings in Canada.
Trump's Impact on Commercial Real Estate Market Trends
Catch up on last week's key real estate developments by state, including impact of a potential Trump admin on CRE.
Donald Trump speaking at commercial real estate market trends conference in New York.
CA Ventures Faces $32M Multifamily Foreclosure on Converted Sears Property
CA Ventures faces foreclosure, defaults on $5M loan at Ravenswood apartment complex.
CA Ventures faces foreclosure on converted Sears property in Chicago suburb.
Lennar breaks 20-year silence on McHenry residential projects
Lennar Plans 584-Home Development in Northwest Chicago Suburb of McHenry.
Lennar executives speak publicly about McHenry County residential development plans for first time.
Developer eyes 90K sf office conversion to residential space in Nashville area
Nashville Yards-adjacent office building hits market for $34M, priced at $388/sqft.
Nashville-area office building conversion to residential space with 90,000 square feet.
Rex Glendenning Pursues Major Catch in Celina Waters
North Texas Landbroker Seeks Partner for 600-Acre Mixed-Use Development Project
Angler Rex Glendenning fishing in Celina waters with large catch on line.
Israeli side files for restraining order against Oren, Tal Alexander whereabouts unclear
Oren and Tal Alexander's firm faces new challenge as side seeks restraining order over alleged destruction of collateral.
Israeli officials file restraining order against Oren in Tel Aviv court proceedings.
Fortress Acquires Charles Cohen Properties in Record-Breaking Foreclosure Sale
Fortress Investment Group wins long-awaited foreclosure sale of Cohen Realty for $148.7M.
Fortress acquires Charles Cohen properties in record-breaking foreclosure sale in New York City.
Illinois investigates Cook County judge over property dealings
Cook County Judge E. Kenneth Wright faces investigation over alleged improper tax exemptions on his Will County home.
Illinois officials investigate Cook County Judge involved in property transactions controversy
Pacific Premier Bank Extends Lease at Irvine Headquarters
Pacific Premier Bank renews lease for 115,438 sqft HQ at Oracle Tower in Irvine.
Pacific Premier Bank extends lease at Irvine California headquarters building exterior.
NAR leader mobilizes grassroots real estate professionals nationwide
Kevin Sears kicks off NAR NXT with call for unity, emphasizing "We protect consumers" amidst industry challenges.
National Association of Realtors leader addresses grassroots real estate professionals across America.
$98M Tax Increment Financing fuels downtown office-to-residential redevelopment project
Chicago's Loop Office Conversion Gets $98M Taxpayer Subsidy for Mixed-Use Redevelopment
Downtown office building conversion into residential units receives $98 million tax financing boost.
Piramco Acquires Luxury Hotel Near SFO for $18 Million
Piramco buys Four Seasons hotel near SFO airport for $17.7M, 17% below its 2012 sale price.
Piramco acquires luxury hotel near San Francisco International Airport for $18 million.

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