Mark Heschmeyer

U.S. commercial property values declined again in July, extending a four-month streak of price drops that underscores how higher borrowing costs are weighing on real estate valuations despite pockets ...

This week’s CMBS Notebook looks at a downgraded Brookfield Asset Management office loan, distressed office towers in suburban Washington, D.C., and a Tampa, Florida, property facing foreclosure risk. ...

Delinquencies on newer apartment loans have climbed above pandemic-era levels, complicating a rebound marked by stronger overall occupancy and renewed investor interest in the sector.

Varia US Properties is accelerating a pullback from parts of its U.S. apartment portfolio with the formation of a venture with Brookfield Asset Management and plans for more property sales as parent ...

This week’s CMBS Notebook examines debt troubles for a Manhattan trophy office property, a Houston office complex on the verge of a potential turnaround, and a hotel refinancing test for Ashford ...

Robin Zeigler had seven minutes to persuade a room full of real estate professionals to back her vision for a 24-acre redevelopment in Atlanta.

Bally's is slowing construction on portions of its $1.7 billion Chicago casino project during a growing dispute with city leaders over a proposed expansion of video gambling terminals.

Thousands of U.S. communities are competing for a shrinking number of federal “opportunity zone” designations under a revamped program that offers tax incentives to encourage investment in low-income ...

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 ...