Investor agrees to buy Houston’s Brookhollow Center office complex
Dominus affiliate puts down deposit on what would be market’s largest deal in two years
Hertz Investment Group is nearing the sale its three-building Brookhollow Central office park in Houston.
Investors favor small-dollar deals as large properties face rising vacancies
Changes in occupied space are affecting property prices, CoStar data shows
U.S. commercial property prices were mixed in February, with the amounts in high-dollar deals falling as those in the low-dollar range rose.
J.P. Morgan REIT buys into shrinking Sun Belt apartment supply
Investor acquires two multifamily properties for $64 million
J.P. Morgan Real Estate Income Trust, sponsored by a subsidiary of banking giant JPMorgan Chase, is boosting its holdings in multifamily properties.
Federal office cuts hit CMBS loan; Deal flow decelerates; Double trouble for former biotech HQ
A weekly look at the commercial mortgage-backed securities business
This week’s column examines downgrades on a portfolio of office properties mostly leased to the federal government, a slowdown in CMBS deals and a pair of setbacks for the lender t...
Bascom Group raises fresh capital for apartment acquisitions
Investor’s sixth fund launches with $68 million
The Bascom Group has set out to raise additional capital to further its stepped-up apartment buying of late.
Starwood REIT ramps up property sales
Firms builds reserves as investors cash in fewer shares
Starwood Real Estate Income Trust has gone on a selling spree this year, already having divested more in three months than it did in all of 2024.
Morton Salt lease brings jobs to Overland Park, Kansas
Lease of the year for Kansas City
Morton Salt, a popular brand of salt products based in Chicago, established a new office in Kansas City last December by leasing 46,556 square feet at 40 Corporate Woods in Overlan...
Midland Lofts in landmark 1927 office building redefines urban living
Multifamily development of the year for Kansas City
The historic Midland office building has been reborn as Midland Lofts, a notable revitalization of downtown Kansas City, Missouri.
Warehouse turns blighted site into steady income stream
Commercial development of the year for Columbus, Ohio
Weston's first industrial development in Columbus, Ohio, proved a successful venture for the Cleveland-based firm.
Veteran's Administration medical clinic helps restore health of Glenwood Commons
Lease of the year for Columbus, Ohio
A new U.S. Veteran's Administration Medical Clinic for the veterans of Delaware County, Ohio, helped put years of vacancy to an end for the half-empty Glennwood Commons in Delaware...
Sheep farm set to reshape village of Powell, Ohio
Redevelopment of the year for Columbus, Ohio
A generational piece of land in Powell, Ohio, which was family-owned for more than 100 years and used to raise sheep is set to become a city park.
AdventHealth Sports Park enhancing the quality of life in Overland Park, Kansas
Commercial development of the year for Kansas City
Price Brothers unveiled a transformative commercial development with the October 2024 opening of the AdventHealth Sports Park at Bluhawk in the developer’s home city of Overland Pa...
Dogwood Apartments acquisition revitalizes workforce housing in Chillicothe
Sale/acquisition of the year for Columbus, Ohio
Following its purchase of Dogwood Apartments, an 118-unit complex on 7 acres in Chillicothe, Ohio, Monarch Investment and Management Group undertook a transformative makeover.
Blackstone’s BioMed adds biotech hub in Boston area with added demand
Deal includes build-to-suit global headquarters for Biogen
BioMed Realty, a portfolio company of private equity giant Blackstone, has acquired a build-to-suit office headquarters project in Cambridge, Massachusetts, that it has preleased t...
Marathon pulls in $2.7 billion for debt fund
Asset manager to offer private credit in US, Europe
Marathon Asset Management, a global asset manager, has completed fundraising for its second private credit fund, pulling in $2.7 billion.
Commercial property lending rises annually, led by life insurers
Firms with conservative underwriting standards see delinquencies decline
U.S. commercial property lending rose last year, helped by a surge in loans from insurance companies.
JPMorgan buys securitized loans; New York tower nabs extension; More borrowers pay on time
A weekly look at the commercial mortgage-backed securities business
This week’s column examines the banking sector’s return to commercial real estate lending, a loan extension for a New York tower and more borrowers paying their CMBS debt on time....
US backs off some planned federal lease terminations
Shift comes as space is reassessed, slowing cost-cutting efforts
The Trump administration’s Department of Government Efficiency has walked back lease terminations on 135 federal agency offices it had sought to end.
Unibail lands major refinance for regional mall near Sacramento, California
French owner sees improving sales at its US properties
Lenders have agreed to step up to refinance Unibail-Rodamco-Westfield’s super regional mall in a suburb of Sacramento, California.
Mall mainstay Forever 21 slated to close all 350 stores in second bankruptcy
Fast-fashion chain says it was undone by competitors Shein, Temu
Fast-fashion pioneer Forever 21's shutdown of its roughly 350 stores will bring U.S. retail closings to over 4,000 so far this year, more than half the number for all 2024, as chai...