Commercial Real Estate News | Commercial Observer
WEBFor real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.
CBRE News - Commercial Observer
WEBCBRE CBRE CBRE Group Inc.—short for Coldwell Banker Richard Ellis—is the largest commercial real estate services firm and brokerage in the United States.
Why Negative Leverage Deals Make Sense — and Why They Don’t
WEBAug 3, 2022 · SEE ALSO: Safehold Helping Owners Drive More Proceeds at Lower Cost in Post-Pandemic Market Whether the Fed actually follows through on all of its plans remains to be seen. To date, however, capitalization rates have not materially adjusted to higher interest rates, leaving multifamily investors who are intent on putting money to work in the highest-quality assets with little choice but to ...
Brookfield Hands Over U.S. Property Management to CBRE
WEBJan 17, 2024 · Brookfield (BN) Properties is handing off its day-to-day property management to CBRE (CBRE) in the spring, Commercial Observer has learned. Brookfield will continue to manage the cash flow and investment side of its properties, and it will keep an asset management team focused on making sure its investors get their returns.
Industrial Outdoor Storage Primed for Growth – Commercial …
WEBFeb 14, 2022 · SEE ALSO: Durst Lands $105M Recap from Affinius for Long Island City Resi Tower “We like the sector and we think that it’s one of the few places where it hasn’t been saturated yet,” said David Perlman, the managing director of capital markets at Los Angeles-based lender Thorofare Capital.. “We’re seeing a lot of momentum.”
Future of New York – Commercial Observer
WEBMar 28, 2024 · The Real Estate Industry’s Definitive State of the Union Event. Commercial Observer and REBNY invite you to join the 4th Annual Future of NY Forum, NYC’s definitive State of the Union event led by the city’s most prominent business and civic leaders.
2 World Trade Center Poised to Get Underway With New Architect
WEBSep 7, 2021 · For the most conspicuous missing piece of the post-9/11 master plan for the 16-acre World Trade Center site: It’s try, try again. Silverstein Properties, which retains the building rights to 2 World Trade Center, is going back to architect Norman Foster of Foster + Partners as it tries to get what would be the second-tallest skyscraper at the site going.
L.A. County to Offer $215M for Gas Company Tower
WEBAug 1, 2024 · The County of Los Angeles plans to offer $215 million in an all-cash deal for the distressed Gas Company Tower, sources told Commercial Observer.. This comes a week after CO first reported the county’s intentions to acquire what is the fifth-tallest tower in the city at 555 West Fifth Street, which was once part of Brookfield (BN) ’s portfolio of trophy office space in Downtown L.A., but ...
American Dream Mall Begins to Pay Back Years of Debt
WEBAug 28, 2024 · SEE ALSO: Société Générale Provides $94M Refi for Boston-Area Life Sciences Property U.S. Bank, the trustee on the debt, had skipped payments since August 2022 due to issues with the necessary documentation needed to allocate the funds and must pay back $46.4 million in past-due interest before paying down the principal, according to a filing last week.
Ally Bank Provides $115M Bridge Loan on Four-State Senior Living ...
WEBAug 29, 2024 · Chicago Pacific Founders and Grand Park Capital have secured $115 million in bridge financing after renovating a four-asset portfolio of independent living properties across Alabama, Tennessee, Oklahoma and Michigan.. Ally Bank provided the three-year, nonrecourse loan. A JLL Capital Markets team of Jay Wagner, Rick Swartz, Joel Mendes, Dan Kearns, Jim Dooley and Robert Tonnessen arranged the ...