San Francisco’s commercial real estate apocalypse worsens after the owner of the city’s marquee downtown mall defaults
San Francisco has been among the hardest-hit cities since the pandemic as office and retail vacancies soar, and concerns about safety deter visitors.
Hostplus shuts property, infrastructure funds as valuations plummet
The $100 billion super fund’s decision comes amid a reckoning over inflated valuations of Australia’s commercial property sector and warnings from APRA.
Montecito Medical Real Estate Buys Two NJ Medical Office Buildings for $40M
The Silverman Group has sold two medical office buildings in Livingston and New Providence to Montecito Medical Real Estate for $40 million. The two buildings, 75 East Northfield Avenue and 890 Mountain Avenue, provide a range of medical services, including pediatrics, neurology, dermatology, and radiology. The buildings are fully leased to Summit Health, a healthcare …
$14 million Mediterranean fantasy villa in Winnetka may have its buyer
If the deal closes within a few million dollars of the asking price, it would top the list of highest-priced home sales in the Chicago area this year.
McKenzie Little Offers Legal Services in Every-Growing Real Estate Industry
After a successful joining of forces between real estate/title attorneys Matt McKenzie and Terry Little, they recently announced the formation of the McKenzie Little firm. The firm’s new identity reflects its commitment to providing exceptional legal services in the ever-growing real estate industry in Oxford and marks the beginning of an exciting new chapter. McKenzie and […]
Bay Area real estate deal tied to LinkedIn hints at wobbly real market
A LinkedIn property deal in Sunnyvale hints at weak commercial property values in a wobbly office market that’s under siege under multiple fronts.
Aon reduces downtown office space, but helps save its landlord
The insurance giant scaled down its footprint at its namesake tower, but extended its commitment to the building in a deal that likely helped the owner defuse a ticking debt bomb.
Real Estate Stocks Improve but Offer Negative Return in First Five Months of 2023
Performance Put Category in Middle Among Industries in S&P 500
HILCO REAL ESTATE ANNOUNCES THE BANKRUPTCY SALE OF TURNKEY ICE-SKATING COMPLEX IN SHERWOOD, OR
/PRNewswire/ — Hilco Real Estate, LLC announces July 12, 2023, as the qualified bid deadline for the Chapter 11 bankruptcy sale of this turnkey ice-skating…
Vesta Real Estate Begins U.S. IPO Rollout (Pending:VTMX)
Vesta Real Estate Corporation has filed to raise $100 million in a U.S. IPO, although the final figure may differ. Read more about VTMX here.