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At a sale price of $275 million, Cupertino-based developer Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus.
Many property owners have managed to keep loans current without seeking relief during the pandemic, but that doesn't mean they won't fall into distress.
A majority of investors and fund managers surveyed for Future of Alternatives 2025 believe ESG policies have a positive impact on returns, with 83% of fund managers expecting ESG to be more important by 2025.
The redevelopment of Los Angeles' Westside Pavilion once planned to include a retail component, but now the project will now forgo retail in favor of tech and media tenants.
The Small Business Administration played a vital role in keeping small businesses afloat this year, offering traditional SBA 504 and 7a loans, Paycheck Protection Program loans and Economic Injury Disaster loans.
An affiliate of The Axton Group recently closed on the acquisition of the Renaissance Austin Hotel for $70 million representing more than a 50% discount to replacement cost.