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.

Bay Area Brokerage Regains Independence After Previous Acquisition
Christie's International Real Estate Sereno regains independence after rejecting @properties, Compass merger.
Bay Area real estate brokerage regains independence after corporate acquisition reversal.
WP Carey Lists Historic Office Building After Expansion Plans Fell Through
W.P. Carey seeks buyer for downtown office property after scrapping $100M expansion due to weak demand.
WP Carey lists historic office building in New York City after expansion plans cancelled.
Boosting Development to Meet Anticipated Housing Demand
Nashville faces potential housing shortage: 20,000-unit shortfall projected by 2033.
City officials discuss strategies to meet anticipated housing demand in urban area.
Southside Revitalization Plan Unveiled by Royal Capital Group
Royal Capital Group updates plans for Evans and Rosedale Urban Village with stacked flats, townhomes, and senior housing in Fort Worth's Historic Southside.
Royal Capital Group unveils revitalization plan for Southside neighborhood in urban area.
Portsmouth Square Defaults on $117M SF Hotel Loan for Second Time
Portsmouth Square Defaults on $117M Loans Secured by Hilton Hotel in San Francisco.
Portsmouth Square hotel defaults on $117M loan in San Francisco financial district.
LA Mayor Issues Executive Order to Simplify Rebuilding Efforts
Los Angeles Mayor Karen Bass issues Executive Order 1, requiring 30-day project reviews for rebuilding after wildfires.
Los Angeles Mayor signs executive order simplifying rebuilding efforts in city.
Coworking spaces thrive in hybrid work era
Companies opt for flexible, short-term office space as employees return to work.
Shared office spaces flourish globally as professionals adapt to hybrid work environments.
Key Industry Leaders to Share Insights at Future City Conference
Future City: Top Minds Converge on Kiawah Island for Real Estate Innovation (March 9-11)
Industry leaders gather in city hall for Future City conference insights.
Austin company acquires office property amidst KBS restructuring
SynerMark Properties expands commercial portfolio with acquisition of 10-story Fountainhead Tower in northwest Austin.
Austin-based company purchases office building in downtown area during KBS restructuring.
Rosemont suburb considers sale of iconic theatre to new entertainment operator
Rosemont Theatre, a 30-year-old landmark, may be sold to a private entertainment company after initial zoning changes.
Rosemont suburb's historic theatre building under consideration for sale to new owner.
Tides' execs face copycat lawsuits from creditors over Kia and Andrade deals
Tides Equities' principals face 4th lawsuit over alleged damages, with Electra Capital suing Sean Kia and Ryan Andrade.
Tides executives sued by creditors in connection with Kia and Andrade investments.
Flynn Group eyes $417M loan for San Francisco's former Chevron headquarters building
Flynn Properties nears deal to buy troubled $416.5M mortgage loan for SF office complex.
Flynn Group seeks $417M loan for San Francisco's historic Chevron headquarters redevelopment.
David Werner Acquires 675 Third Avenue Building for $100 Million
David Werner buys 675 Third Avenue from Durst Org for over $100M in potential residential conversion.
David Werner purchases 675 Third Avenue building in Manhattan for $100 million.
Alexander Brothers' Multimillion-Dollar Assets Tied to Bail Bids
Former top real estate brokers lived lavish lifestyles, traveling by private jet and attending high-profile events.
Two brothers' multimillion-dollar assets linked to bail bond business in Florida.
Clear Cooperation Lawsuit Dismissed for Second Time
TAN drops lawsuit against NAR after nearly five years of litigation.
Judge dismisses Clear Cooperation lawsuit for second time in New York court.
Blackstone considers seizing control of Fordham Landing property through foreclosure
Blackstone threatens foreclosure on Bronx development despite not originating $55M loan.
Blackstone Group considers foreclosing on Fordham Landing property in New York City.
Foundry Sells Sunrise Building at 36% Discount After Seven-Year Hold
Foundry Commercial sells office building in Sunrise for $20.9M loss after 7 years.
Foundry sells Sunrise building after seven-year hold at significant discount.
BGL Secures Financing for Valor Acres and WaterWood Resort Developments
Brown Gibbons Lang & Company Announces Financial Advisory Services for Leading Companies
BGL secures financing for Valor Acres and WaterWood Resort developments in [location].
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