News

LIBOR, the world's long-standing benchmark rate, is set to phase out by the end of 2021, with Freddie Mac charging forward to adopt the Secured Overnight Financing Rate as its replacement.

It has formed a joint venture with an unnamed partner to acquire and develop these properties, with the first project launching in Austin.

The REIT has signed 393,056 square feet of Manhattan office leases to date during the fourth quarter.

While The Cheesecake Factory was telling the markets that its restaurants were operating sustainably, it asked landlords for help.

The FSOC is concerned that the cash flow declines for CRE assets in the last year could become permanent.

A new California stay-at-home order, broken down on a regional basis, was announced yesterday, and will go into effect within 24 hours in regions with less than 15% intensive care unit availability.

The logistics sector benefits from the massive shift in online buying, with increased demand from construction materials and building fixtures industries.

T. Rowe Price will move its global headquarters to the Harbor Point property, which is being developed by Armada Hoffler Properties Inc. and Beatty Development Group.