A development site in one of the few areas of Miami with permission to build a supertall tower has hit the auction block with bids starting at $72 million.
Morgan Stanley and Deutsche Bank are preparing to launch a commercial mortgage bank securitisation backed by some of the logistics properties Blackstone bought when it took over Warehouse REIT, CoStar News can reveal.
Hong Kong-based Mandarin Oriental Hotel Group’s move to become a privately held company has taken a major step forward, according to news from the London Stock Exchange.
This week's column examines RXR's new loan servicing business, Fitch Ratings' outlook for next year and a New Jersey bank testing the CMBS market for the first time. Read the entire piece by clicking "read more" below.
Fifth Third Bancorp has agreed to acquire Mechanics Bank's Fannie Mae loan underwriting and servicing business in a $130 million transaction, marking the Cincinnati-based bank's entry into government-backed multifamily securities.
The Bank of Canada's decision to keep its overnight rate at 2.25% prompted commercial real estate professionals to say they are already looking forward to when cuts can resume.
Sales of distressed commercial real estate in the United States reached $25.44 billion in the first three quarters of 2025, marking a 5% increase from the same time last year, according to CoStar data.
New Mountain Net Lease has completed its first asset-backed securities transaction, issuing $493.4 million in notes on 59 commercial properties across North America.
German bank DekaBank is in talks to provide finance to global real estate investment manager Hines backing its circa £185 million acquisition of the City of London's Worship Square offices.
MG Developer’s Alhambra Parc, a planned condominium in South Florida, has become the first project in Coral Gables to be approved for the EB-5 program.