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 Lenders Show Resilience Amid Industry Headwinds
Post-pandemic behavior and rising interest rates pose challenges to commercial real estate borrowers, leading to increased defaults with varying levels of stress across assets.
Commercial real estate lenders adapt to industry challenges in a resilient manner globally.
Bay Area's vacant office space costs region $5.4 billion annually
California's Top Cities Face $2 Billion Annual Loss from Vacant Workplaces.
Vacant Bay Area office spaces cause estimated $5.4 billion annual economic loss.
Corcoran Expands in DC Metro Region with Significant Agent Acquisition
Luxury Firm Expands with First DC Metro Franchise, Boosting Agent Count and Offices by Nearly 10%.
Corcoran Realty Group expands in Washington D.C. metro area through agent acquisition.
Chicago Landmark Building for Sale Amid Real Estate Liquidations
Former Chicago Daily News Building hits market as part of Sam Zell's asset liquidation.
Chicago's iconic landmark building on sale amidst citywide real estate liquidation efforts.
Tech entrepreneurs from abroad bypass US visa restrictions for San Francisco's AI opportunities
San Francisco attracts global entrepreneurs in AI, with many settling at 44 Montgomery Street's co-working space.
Tech entrepreneurs from abroad attend AI conferences in San Francisco, USA.
Suburban Chicago Mall Loan Defaults, Returns to Special Servicing
Jeffrey Feil's North Riverside Park Mall faces new challenges despite recent renovations and celebratory updates.
Suburban Chicago mall defaults on loan, returns to special servicing status.
Miami Ex-Commissioner, Lobbyist Charges Dropped in Corruption Case
State prosecutors drop corruption case against former Miami Commissioner Alex Diaz de la Portilla.
Former Miami Commissioner and lobbyist cleared of corruption charges in court.
Studio G Tops Out New Franklin Cummings Tech Campus in Massachusetts
Studio G Architects Celebrates Topping Off of New Campus at Franklin Cummings Tech.
Studio G construction team celebrates topping out at Franklin Cummings tech campus.
Japanese lender revives vintage office building in bold real estate move
MUFG Bank division renews lease at 40-year-old Las Colinas building despite market trend.
Japanese bank restores historic office building in Tokyo with modern renovations.
Extell Unveils 37-Story Skyscraper for Madison Avenue
Extell Development files plan for 193,000-sq-ft residential tower at 655 Madison Avenue in Midtown.
Extell unveils 37-story skyscraper on New York's Madison Avenue.
High-end apartments planned for JCPenney headquarters revamp
Luxury apartments to start at $4,000/month in redeveloped JCPenney HQ in Plano.
High-end apartments proposed at former JCPenney headquarters in downtown location.
Indian Lakes Hotel redevelopment uncertain due to developer's personal financial backing
Future of Bloomingdale Hotel Uncertain as Investor May Tap Personal Assets for Loan Repayment
Indian Lakes Hotel redevelopment in question amidst developer's financial struggles uncertainty.
Koreatown Highrise Project Clears Appeal Hurdle
Hankey Investment Co. defeats labor union-backed appeal for 163-unit Koreatown apartment project.
Koreatown high-rise development clears appeal hurdle in Los Angeles city planning.
Sam Chang lists another property, this one in Chelsea neighborhood
McSam Hotel Group sells 15-story Holiday Inn in Chelsea to Prospect Ridge for $59.8M.
Sam Chang lists Chelsea property, real estate mogul expands NYC portfolio.

market today

VNQ
$94.94
IYR
$99.12
SCHH
$22.52
XLRE
$43.54