Mark Heschmeyer

The Federal Reserve plans to exit space in a privately owned office building in Washington, D.C., as it remakes its headquarters across town.

Millennium Partners has secured a $575 million loan to refinance the office portion of Winthrop Center, the 691-foot tower that ranks as the tallest building in downtown Boston's financial district.

TeraWulf has landed one of the artificial intelligence industry's biggest customers, signing software developer Anthropic to a 20-year lease at its planned Justified Data Campus in Kentucky.

This week’s CMBS Notebook examines financing behind a Texas apartment acquisition, the sale of a distressed Pittsburgh office loan and a Utah bank’s push deeper into multifamily lending. Read the ...

Billionaire Barry Sternlicht's Starwood Real Estate Income Trust landed a $1.02 billion cash infusion from Apollo Global Management, a major liquidity boost as his fund works through months of ...

The Scion Group, one of the world's largest student housing owners, has secured a $555.6 million floating-rate loan with Fannie Mae to refinance a 14-property portfolio spanning nine states.

CubeSmart is handing majority ownership of 15 of its self-storage properties to Heitman, seeding a new joint venture valued at $197 million and freeing up cash the real estate investment trust plans ...

Public Storage plans to lean on about $2.02 billion in commercial mortgage-backed securities debt to help fund its purchase of rival National Storage Affiliates, the biggest deal of that kind in more ...

Old industrial buildings could be next data centers

Commercial real estate prices barely budged in the second quarter, rising an average of just 0.1% across the market as gains in retail property were offset by weakness in multifamily and a widening ...

Mixed-use areas where people can live, work, shop and socialize are commanding some of commercial real estate's highest rents and occupancy rates, according to a new report.

This week’s CMBS Notebook examines investors flocking to an Aligned Data Centers bond deal, a Houston office tower falling into foreclosure and the growing dominance of shorter-term, five-year loans ...

Starwood Real Estate Income Trust is refinancing a nine-property apartment portfolio across North Carolina and Florida, highlighting a growing disconnect in some Sun Belt apartment markets: property ...

Blackstone's real estate investment trust, with nearly $94 billion in assets, just achieved a milestone it hasn't been able to reach in almost four years.

Arbor Realty is returning to the bond market, and the loans behind its latest deal offer a window into how apartment owners are navigating today's financing environment: refinancing existing debt ...

Southwest Value Partners is poised to pull nearly $73 million of equity out of the Grand Hyatt Nashville, a sign that lenders remain willing to make sizable bets on top-performing downtown hotels ...

Real estate investment trusts accelerated fundraising in the second quarter, raising roughly $20 billion through debt, equity and initial public offerings after a sluggish start to the year.

This week’s CMBS Notebook looks at an office stress test playing out along Philadelphia's Market Street, an Oakland tower that defaulted after Kaiser Permanente downsized and a troubled Iowa mall ...

KKR Real Estate Finance Trust's aggressive push to resolve its riskiest loans and dispose of repossessed properties has expanded into a broader strategic review, with a sale of the mortgage real ...

Keller Investment Properties is heading to the securitization market with a $718.5 million mortgage originated by Nomura's commercial real estate arm, tapping bond investors to refinance a ...