Leases for nearly 60 Saks Off 5th and Last Call stores that total 1.7 million square feet have officially gone on the block, with the sites touted as a chance for expanding chains to get locations in high-traffic retail corridors.
JLL appointed David Kristjanson as global life sciences industry lead within its project and development services group. The brokerage said Kristjanson will advise clients on location, design and related matters in regard to biotech facility projects. JLL said it is increasing services in the property category as the life science industry undergoes its most significant realignment since the original biotech boom of the 1970s and 1980s.
A high-profile Brookfield Place property across from the World Trade Center complex in lower Manhattan is closing on an $800 million refinancing loan, in another sign of increased investor confidence for top-tier office properties in New York.
Government-controlled finance giants posted strong multifamily loan production gains in 2025, signaling renewed investor confidence in commercial real estate as both agencies prepare to expand lending again in 2026.
Retail landlord Simon Property Group is spending over $250 million to redevelop three malls to focus on luxury shoppers and has also completed a $615 million refinancing of a large shopping center in Orlando, Florida.
Fifth Third Bancorp isn't wasting any time with expansion plans after closing on its $10.9 billion buyout of Comerica this week and has signed dozens of leases for new branches to add to its sprawling real estate portfolio.
Global alternative asset manager Brookfield Asset Management named company executive Connor Teskey as its CEO as the investment giant reported record fourth-quarter earnings and said it sees rising deal activity this year.
A Blackstone real estate investment trust and investment firm Stonepeak Partners have secured a $3.05 billion refinancing of loans backing The Cosmopolitan Las Vegas through a commercial mortgage-backed securities transaction.
An enterprising new real estate investment firm led by Jason Vitorino is launching with roots in Dallas and Orange County, California, positioning it to land deals in growing U.S. markets.
South Florida is getting another wellness-branded condominium now that Terra and partner AB Asset Management have started work on The Well Coconut Grove after securing a $410 million construction loan.
Emory University’s Goizueta Business School has landed Nadeem Meghji, who became the sole global head of Blackstone Real Estate last month, as a speaker at its annual real estate conference this spring.
Pacific Oak Strategic Opportunity REIT is seeking bondholder approval for a $300 million sale of its entire single-family rental portfolio of more than 2,000 homes as the struggling real estate investment trust navigates loan defaults, management upheaval and an uncertain regulatory environment for institutional residential ownership.
CBRE said it expanded its retail-focused services in Las Vegas with the hiring of Dan Hubbard as a senior vice president and Fernando Martinez-Reding as a senior associate. Hubbard joined the firm from Cushman & Wakefield, where he served as managing director and led Hubbard Retail Advisors within Cushman.
Economic uncertainty — exacerbated by the trade war with the United States and a weakening labour market — represents the biggest challenge to Canadian real estate investors this year, according to a study from CBRE.
Boston-based investment firm West Shore closed a $690 million commercial mortgage-backed securities loan to refinance 13 multifamily properties across five Sunbelt states, marking the first major U.S. multifamily portfolio financing of the year.