Commercial Real Estate News | Commercial Observer
WEB4 days ago — Multifamily Development Is Your Hedge. Kristi Nootens. For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.
Commercial Observer
WEBCommercial Observer’s must-attend events feature premier content delivered by the most powerful voices in the industry. With insights from the most active and influential market participants, our events provide attendees with exclusive access to executive-led discussions and elite networking opportunities. From the inside of our pages to the ...
Commercial Lease | Leasing News | Commercial Observer
WEBNYC Department for the Aging Moving to 80K SF at 14 Wall Street. By Abigail Nehring. More. For commercial real estate leasing news, view Commercial Observer's latest commercial real estate lease articles & analysis of recent lease transactions.
KBRA Acquired by Private Equity Firm in $900M Deal
WEBDec 13, 2021 — Eleven years after its founding in the wake of the global financial crisis, Kroll Bond Rating Agency (KBRA) has struck a deal to be acquired by private equity firm Parthenon Capital Partners, the company announced Monday. Boston-based Parthenon closed the roughly $900 million transaction to buy a majority stake in the global rating agency last Friday.
New York City Commercial Real Estate | Commercial Observer
WEBNew Guidelines Arm NYC C-PACE Program With Fresh Energy. For commercial real estate news in New York City, Commercial Observer has the latest in leases, financing, sales, construction, architecture, and design.
A New York City Office-to-Residential Conversion Wave Builds
WEBAug 20, 2024 — A glance at recent industry news shows that building conversions seem to be gaining momentum. Earlier this month, GFP Real Estate and TPG Real Estate submitted a Buildings Department application to convert 222 Broadway, a 31-story, 750,000-square-foot office building, into 798 apartments at an estimated cost of $43.6 million.
Demand for U.S. Data Centers Surges Despite Labor Gap, Power …
WEBAug 27, 2024 — Demand for data centers in the U.S. has increased significantly so far this year, even as operators struggle to fill the labor gap and face concerns over the country’s electrical capacity to power the properties.. The country’s data center market has doubled in size since 2020, with vacancy rates hitting a record low of 3 percent by the end of the first half of 2024, according to a recent ...
JPMorgan Lends $245M on Terra’s Grove Central Mixed-Use …
WEBJan 26, 2024 — Photo: Terra and Grass River. David Martin’s Terra and Grass River scored $245 million from JPMorgan Chase (JPM) in permanent financing for Grove Central, a mixed-use development in Miami’s Coconut Grove neighborhood, Commercial Observer has learned. Earlier this year, the Miami-based joint venture completed the development, located by the ...
U.S. Retail Closures Surpass Openings for First Time in 2024
WEBAug 14, 2024 — A major driver of the surge in closings has been furniture and homegoods seller Big Lots, according to the report. The discount retailer said in a July 31 filing with the U.S. Securities & Exchange Commission that it plans to close up to 315 locations by February 2025 — 289 of which Coresight predicted would close in 2024.
Why CMBS Financing Has Come Roaring Back in Commercial Real …
WEBJun 5, 2024 — Year-to-date 2024, U.S. private-label CMBS issuance totals $32.2 billion compared to $13 billion during the same period in 2023, according to CREFC. CMBS issuance reached $12.2 billion in the first quarter of 2024, up nearly five times from the $2.7 billion in CMBS issuance in the first quarter of 2023, according to Blackstone.