Blackstone agrees to $2.6 billion Tokyo real estate deal, calling it Japan's biggest outside property investment
Deal for mixed-use Tokyo Garden Terrace Kioicho comes as nation seeks to attract more foreign capital
Private equity giant Blackstone agreed to buy a mixed-use commercial property complex in Tokyo for $2.6 billion, a deal it called the largest real estate investment by a foreign in...
Bank of America readies huge loan deal; Microsoft vacancy hits Seattle-area offices; Suburban portfolio shows sign of stress
A weekly look at the commercial mortgage-backed securities business
This week’s column examines a $1.93 billion loan offering from Bank of America, how Microsoft office vacancies are affecting loans in suburban Seattle and a sign of stress for a co...
Indus Realty returns to big industrial property investments after being taken private
REIT completes $575 million Carolinas portfolio deal
Indus Realty Trust has completed its largest industrial property acquisition since being taken private over a year ago.
Owner of former Sprint headquarters campus gets another loan extension
Bond rating downgrade for Occidental still possible as leasing improves at 3.9 million-square-foot Kansas complex
Occidental Management, owner of a 3.9 million-square-foot office campus in Overland Park, Kansas, was recently given another year to refinance a $232.5 million commercial mortgage-...
Brookfield sells part of US mobile home portfolio for $1.6 billion
Deal comes as prices for the properties soar
Investment giant Brookfield has begun whittling a portfolio of more than 160 mobile home parks it started acquiring in 2017 as prices per unit for such properties have soared this ...
Landmark Fontainebleau Miami Beach hotel lands $1.2 billion refinancing
Deal pushes 2024 hospitality CMBS total past $24 billion
Real estate development and hospitality group Fontainebleau Development has lined up a $1.2 billion refinancing of its Florida luxury resort, Fontainebleau Miami Beach.
Failed bank’s New York headquarters remains empty; Northern Virginia office portfolio downgraded; PREIT refinances Michigan mall
A weekly look at the commercial mortgage-backed securities business
This week’s column looks at what's become of First Republic Bank’s former New York headquarters, a downgrade on office properties in Northern Virginia, and a refinancing for a Mich...
Valley National Bank trims commercial real estate exposure in $925 million loan sale
Investment giant Brookfield acquires portfolio of debt on multiple property types
Valley National Bank has sold a diverse pool of $925 million in performing commercial real estate loans to investment giant Brookfield to help reduce its exposure to the sector.
Greystone turns to Israeli bond investors for short-term lending capital
New York-based finance firm raises $160 million
Greystone, a national commercial real estate finance company, has become the latest U.S. firm to turn to Israel to raise investment funds.
NexPoint refinances 34 multifamily properties
JPMorgan Chase, Freddie Mac combine on $1.47 billion in loans
NexPoint Residential Trust, owner of about 13,000 apartments across the country, has wrapped up $1.47 billion in refinancings over the past two months.
California pension giant boosts contribution to Nuveen’s affordable housing fund
CalPERS commits $400 million, bringing total to $500 million
CalPERS is expanding its commitment to Nuveen Real Estate's affordable housing strategy with an additional $400 million allocation.
New York City prepares refinancing package for Blackstone REIT's landmark apartment tower
Housing authority plans $550 million bond offering for 8 Spruce St.
The New York City Housing Development Corp. is preparing to issue $550 million in multifamily mortgage revenue bonds to refinance the outstanding bonds on Blackstone Real Estate In...
Commercial property prices edge higher to start fourth quarter
Investors slowly return to more expensive purchases, CoStar data shows
Fourth-quarter commercial property pricing started strong in October as investors slowly began returning to deals in response to the Federal Reserve’s efforts to cut its borrowing ...
National affordable housing investor raises its largest fund to date
Belveron Partners pulls in $354 million in capital commitments
Belveron Partners has completed fundraising for its seventh affordable housing fund, pulling in $354 million and making it its largest fund to date.
Brandywine Realty completes largest office sale in Austin this year
City of Austin expands buying spree, acquires One and Two Barton Skyway for $107.6 million
Brandywine Realty Trust has completed the largest office sale in the Austin, Texas, market this year.
Trammell Crow turns to Japanese capital for newest warehouse development
Developer brings in Nippon Steel, Kyushu Electric Power as partners on Illinois project
Trammell Crow Co., a global commercial real estate developer and wholly owned subsidiary of CBRE Group, is turning to Japanese investors to help fund its latest speculative warehou...
Lender demands New York CMBS loan repayment from Clipper Realty
Move comes as Brooklyn Civil Court plans to relocate from property
A lender on a New York office building owned by real estate investment trust Clipper Realty is demanding the REIT immediately repay a $100 million loan on the property.
Hotel REIT makes progress tackling past due debt maturities
Moody National is refinancing, selling properties
A nontraded hospitality real estate investment trust has made progress this quarter addressing $163 million in loan maturities past due or coming due over the next 12 months.
JDM Partners begins selling vacant State Farm-leased properties
City of Tulsa, Oklahoma, buys office building as new headquarters for police and fire departments
JDM Partners has sold one of 14 vacant office buildings it owns under lease to insurance giant State Farm.
Blackstone Mortgage hit with downgrade over weakening office portfolio
REIT’s impaired loans nearly doubled over past year to $2.35 billion
Moody's Ratings has downgraded Blackstone Mortgage Trust's corporate credit rating on what it sees as a deterioration in the real estate investment trust’s office loan portfolio.