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NEW YORK CITY—More than 97% of the CMBS loans backed by Manhattan properties will see smooth sailing with 2016 and 20167 maturities. For other metro areas, it will be a different story.
IRVINE, CA and SHANGHAI– The partnership will grant Chinese buyers access to the US real estate auction market, as well as aid both companies in expanding their global reach.
BOSTON—The City of Boston has filed an amended complaint against the Massachusetts Gaming Commission that seeks to nullify the award of a Category 1 gaming license for the proposed $1.6-billion Wynn Everett casino to be built in the Boston suburb of Everett, MA.
HOUSTON--The Houston retail market ended the first quarter with a vacancy rate of 11.3 percent, down from the previous quarter's rate of 11.6 percent and decreased from the rate one year ago (11.8 percent), according to a report from Savills Studley.
NEW YORK CITY—In a joint venture with Waterman Interests, a duo of office buildings known as “the Midtown West Collection” have been purchased in the Times Square South subdistrict.
ATLANTA—Attorney William Montgomery points to several major transactions that have helped to generate positive economic development and long-term benefit to the city in this <b>EXCLUSIVE</b> interview.
LAS VEGAS—A panel of experts convened at ICSC RECON at the Westgate Hotel in Las Vegas to discuss capital markets. The panel was moderated by Kieran Quinn, managing director, Guggenheim Commercial Real Estate Finance, LLC.
FREDERICK, MD—Two recent lease deals totaling approximately 25,000 square feet have raised the occupancy rate at the Patrick Center office building to 95%.
LOS ANGELES—The $1 billion mixed-use project in Downtown Los Angeles signs Hotel Indigo to serve as the hotel brand for the property's 350-room, 18-story luxury hotel.
LOS ANGELES—DaVita Healthcare Partners signs a 185,000-square-foot lease at Apollo@Rosecrans, a move that more than doubles its former 90,000-square-foot regional headquarters in Torrance.