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.

Commercial Real Estate Deals Update: November 11, 2024
Local Retail Strip Sells for $7.9M; Other Sales & Leases Reported.
Commercial real estate deals news update with market trends and statistics.
Invesco RE Exec on Emerging Role of Non-Traditional Lenders
Bert Crouch discusses growth opportunities in alternative lending market.
Invesco real estate executive discusses non-traditional lenders' growing influence globally.
Downtown Revitalization Study Suggests New Restaurants, Real Estate Developments
Point Park University Releases Study on Future of Downtown Pittsburgh Recommendations
Downtown area redevelopment plan proposes new restaurants and real estate projects.
Milton's Devastating Storm Aftermath: Crane Collapse, Tornado Damage, Flooding Widespread
Developers, contractors assess damage from Hurricane Milton, prepare to resume construction in Tampa Bay area.
Crane collapses amidst tornado damage and widespread flooding in Milton, Ontario.
LA County commercial property sales plummet by nearly one-fifth.
Commercial property sales in LA County plummet 18.4% since January, led by declines in office and industrial sectors.
LA County commercial property sales decline sharply, down nearly one-fifth.
Jamee Jolly on Leadership and the Future of Real Estate
New TREC Leader Highlights Affordable Housing, Streamlined City Process as Key Opportunities for North Texas.
Jamee Jolly speaking at real estate conference in Los Angeles.
Johnson & Johnson Expands Robotics Presence in Silicon Valley
Johnson & Johnson expands robotics campus with new 91,900-sq-ft lease in Santa Clara's Stadium Tech Center.
Johnson & Johnson executives unveil robotics expansion plans in Silicon Valley headquarters.
Dallas Family Acquires Discounted Office Building in Major Deal
Texas Family Behind Mysterious $8.5M Purchase of Manhattan Office Building Revealed
Dallas family purchases discounted office building in significant real estate transaction.
Minnesota Real Estate Hall of Fame adds new honorees from St. Thomas community
Six McGough Construction family members and a Brighton Development co-founder join the Minnesota Real Estate Hall of Fame.
Minnesota Real Estate Hall of Fame inducts St. Thomas community members.
Chicago schools seeks alternative funding sources for capital projects
Chicago Public Schools CEO seeks nearly $1B from TIF funds to address budget crisis.
Chicago school officials explore alternative funding options for infrastructure development projects.
Coral Gables Office Complex Owner Faces $77 Million Foreclosure Suit
Värde Partners seeks foreclosure on Coral Gables office complex owner over $77.4M debt.
Coral Gables office complex owner faces foreclosure suit in Miami-Dade County court.
Webster Bank Seeks Repayment from Shaya Prager
New Jersey investor Shaya Prager faces financial crisis as Webster Bank claims default on $153m loans.
Webster Bank executive seeks repayment from Shaya Prager in court.
Dallas-Fort Worth office construction hits unexpected slowdown
Dallas-Fort Worth Office Construction Hits First Major Lull in Over a Decade.
Dallas-Fort Worth skyline with halted office construction cranes in background.
Hollywood Greenlight for New Apartment High-Rise Project
Artisan Ventures wins LA City Council approval for 25-story Hollywood apartment complex.
Hollywood officials approve new high-rise apartment project amidst city's growing residential landscape.
Aimco to Sell Hamilton Tower and Edgewater Site in Combined $204 Million Deal
Aimco sells Hamilton apartment tower, adjacent land for $204M amid South Florida asset sales.
Apartment complex developer Aimco selling Hamilton Tower and Edgewater site for $204 million.
New York Casino Bill Aims to Clear Path for Flushing Development
Sen. Jessica Ramos' casino blockage may not last; Gov. Kathy Hochul's 2025 budget plan could revive Steve Cohen's Citi Field project.
New York lawmakers propose casino bill to spur development in Flushing Meadows.
Beverly Hills Hotel Owner Secures Additional Loan Extension
Sixty Collective secures fourth loan extension for $38m debt tied to Sixty Beverly Hills hotel.
Beverly Hills hotel owner secures loan extension at luxury California resort.

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