McKnight Realty affiliates face possible foreclosure on three buildings at Cranberry Woods
Banks file suit in United States District Court over three buildings in Cranberry......»»
Brandywine’s Sweeney optimistic about outlook for office leases
As some office Philadelphia office buildings face distress, Brandywine Realty Trust has taken advantage of “a decline in our competitive set," CEO Jerry Sweeney said......»»
Los Angeles office skyscraper faces foreclosure sale
The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and ma.....»»
Industrial Commercial Properties buys land under Dayton-area office buildings
In February, Industrial Commerical Properties and regular partner, Industrial Realty Group of Los Angeles, acquired the Dayton-area office complex anchored by LexisNexis for undisclosed terms......»»
KBS Realty Advisors among office landlords betting big on spec suites in Charlotte
The Carillon landlord in uptown is going all in on a speculative-suite program at the 24-story tower and other buildings it owns in the United States......»»
Following pandemic, converting office buildings into housing may become new ‘normal’
But such alterations for home living face significant challenges in design, technology, regulations, and costs and financing......»»
Warren Buffett lost a bet to Tiger Woods on the golf course. The investor saved face with a clever turn of phrase.
After the elite golfer outplayed him while kneeling down, Buffett quipped, "I brought him to his knees." Warren Buffett, Tiger Woods, and Tom Mendoza. Tom Mendoza War.....»»
Court orders rent stabilized building owner to spend $8M on repairs
A Chelsea property owner has been ordered to pay upto $8 million to renovate his three rent stabilized buildings so the tenants can move back in. A housing court judge this week ordered Amazon Realty Group and its principals Clara Sokol and Abra.....»»
Front-line workers face pay cuts amid COVID-19 crunch
SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»
Longtime owner sells Hoboken portfolio for $189M
In one the largest single sales of mixed-use properties along on the New Jersey waterfront, Federal Realty has acquired 37 mixed-use buildings in Hoboken, New Jersey for $189.2 million. The 158,000 s/f portfolio includes and 123 apart.....»»
Syndicator helps finance office acqusition
Feldman Equities and its joint venture partners, Tower Realty Partners and Equity Street announced the acquisition of Sarasota City Center, two Class A office buildings located at 1819 Main St in downtown Sarasota. The buildings total 247,94.....»»
Griffin to buy two warehouse buildings
Griffin Industrial Realty has entered into two separate purchase and sale agreements with diff.....»»
Plans revealed for next phase of Gilbert Rivulon development
The Gilbert Planning and Zoning Commission has approved the next phase of Nationwide Realty Investors’ Rivulon development, called Rivulon Lake. The new phase will include two four-story buildings with 160,000 square feet of office space each. It .....»»
Fannie Mae loan for $55M will buy pair of NJ buildings
Arbor Realty Trust, a commercial mortgage lender, recently funded a Fannie Mae Streamlined Rate Lock (SRL) portfolio in Hasbrouck Heights, NJ. The loans provi.....»»
mREIT Face-Off: Lightweight Arbor Realty Vs. Heavyweight Blackstone Mortgage Trust
mREIT Face-Off: Lightweight Arbor Realty Vs. Heavyweight Blackstone Mortgage Trust.....»»
Foreclosure on old 3M campus, other World Class buildings put off
What has been called the largest contiguous office buil.....»»
Golf homes are making a comeback in the US by resorting to the same tactic luxury apartment buildings are leaning into: a wide and wild array of amenities
FloridaStock/Shutterstock Golf homes are making a comeback, the president of Sotheby's International Realty told The New York.....»»
Portland developers face new land challenges going into 2020
As the first half of 2019 flows into the record books, Portland is experiencing another year of significant speculative industrial development. Just under 1 million square feet of newly completed industrial buildings have been delivered since the be.....»»
Five towers about to change the city skyline
A skyscraper building boom is literally changing the face of the city. reported this month that 16 buildings 500 feet or taller are set to be constructed this year, making 2019 among the city's... To view the full story, click the title link......»»
Seniors face foreclosure after reverse mortgages fail
Urban African American neighborhoods are hardest hit as nearly 100,000 loans have failed......»»
Seniors face foreclosure after reverse mortgages fail
Urban African American neighborhoods are hardest hit as nearly 100,000 loans have failed......»»