A century-old office tower in New York within walking distance of Grand Central Terminal, Herald Square and Penn Station has secured a $386 million refinancing.
The owner of one of the largest shopping malls in the Chicago area is lining up $800 million of new debt in a cash-out deal that demonstrates the rising value of top-performing U.S. retail properties.
Blackstone has fully subscribed the first offering in its new 1031 exchange business, giving the world's largest commercial property owner a new way to raise capital at a time when investor money has ...
This week’s CMBS Notebook examines a five-mall portfolio back in special servicing, BrightSpire Capital’s $960 million pooled-loan securitization, and Fitch Ratings’ more cautious outlook for office ...
Unpaid debt on a big office complex near Chicago’s Millennium Park is for sale in a deal that could lead to a new owner — and new uses — for the two-tower property.
A property owner is planning to refinance a loan that backs one of the tallest skyscrapers in Dallas in a move one industry watcher says gives the landlord some financial certainty even as the ...
JLL and LaSalle Investment Management are launching a nontraded mortgage real estate investment trust to make commercial property loans at a time when many building owners rely on private lenders for ...
Oak Brook, Illinois-based CenterPoint Properties promoted Ross Straseske to executive vice president and chief financial officer. The move makes permanent a role he had taken on in an interim ...
RREEF Property Trust, a nontraded real estate investment trust advised by an arm of German asset manager DWS, plans to liquidate its roughly $200 million portfolio spanning all major property types ...
Global dealmakers are signing more blockbuster acquisitions, reviving hopes of a mergers-and-acquisitions comeback after two years of sluggish activity.
Growing opposition to data centers has reached Capitol Hill, where lawmakers in both parties have introduced legislation to strip away some of the federal tax incentives supporting the industry's ...
Longtime hospitality executives Burt and Alex Cabañas didn't set out to start an investment fund — the father-and-son pair just thought they could be more strategic in their family-office investments.
Private equity real estate veteran David Schreiber is taking charge of investments at Greenberg Gibbons just as it sets out to buy retail properties, backed by a new fund seeking to invest hundreds ...
One of the largest summer camp portfolios in the eastern United States is changing hands to multiple buyers after a federal bankruptcy judge approved nearly $449 million in sales tied to the ...
Trustmark has sold 34 bank branch properties across the Southeast in a sale-leaseback transaction, using the proceeds to help offset losses tied to a restructuring of its investment portfolio.
The U.S. House passed legislation calling on states to require data center developers to pay costs for power generation and prevent rate increases for other users, as the projects geared to ...
Global alternative investment firm Ares Management and Montreal pension giant PSP Investments are launching a United States logistics real estate investment venture that could invest up to US$2.4 ...