Irvine Co. sold One America Plaza, San Diego’s tallest skyscraper, in a $120 million deal marking its sixth office tower sale of the past year and its exit from the struggling downtown market.
Two major commercial real estate services firms posted higher profits as office leasing and property sales surged, prompting the firms to raise their financial outlooks for the rest of the year.
Bridge Housing has closed on a $175 million bond offering, the largest deal of its kind in the San Francisco-based nonprofit's history, after investor demand pushed the total beyond its original $150 million target.
A new $490 million commercial mortgage-backed securities financing collateralized by Walgreens stores is coming to market amid a dramatic shakeout in the retail pharmacy sector that has seen competitor Rite Aid close all its stores following a second bankruptcy filing this year.
This week’s column examines a Massachusetts debt deal contributing to what’s being called an emerging recovery in the self-storage sector, a $240 million offering tied to the acquisition of a Pennsylvania data center and the latest activity from nonbank lender TPG RE Finance Trust. Read the entire piece by clicking “read more” below.
Starbucks said sales grew for the first time in about two years, but acknowledged the coffee chain's turnaround could take years as it closes locations and lays off hundreds of corporate employees.
Local developers Cipres and Rilea Group received a $90 million construction loan from Mexico’s Banco Inbursa for a rock-and-roll themed condominium in Miami's arts district.
Flournoy Partners secured $55 million in bridge financing for Apex Posner Park Apartments, the group’s newly opened luxury multifamily development in Davenport, Florida.
The Federal Reserve lowered its benchmark interest rate by a quarter percentage point — its second cut this year — bringing it to its lowest range in three years.
Top-tier office properties have not only led New York’s office market rebound, they are increasingly getting lenders to say yes when it comes to financing deals over a billion dollars.
Chinese conglomerate Fosun International has secured a $900 million refinancing of 28 Liberty St. in New York after signing technology firm Stripe to a lease expansion.
Blackstone and Ivanhoe Cambridge, the real estate arm of Quebec public pension giant La Caisse, have secured a $505 million loan to refinance a large portfolio of industrial properties across Canada, marking one of the country’s biggest commercial real estate financing deals this year.
Alterra IOS has landed a $150 million loan from Blue Owl Capital, the industrial outdoor storage investor’s third big financing deal of 2025 as the once-obscure sector gains traction among investors and lenders.
ROME — Italy’s state-backed funds and sovereign wealth funds are focusing on providing sustainable hotel developments and adjacent communities with return on investment as an important part of the parcel but not the string that ties it up.
Cushman & Wakefield has added a high-profile Toronto dealmaker who's been directly involved in more than $40 billion in transactions as it grows across North America.