Commercial Real Estate News | Commercial Observer
WEB4 days ago · Leo Pustilnikov Used California’s ‘Builder’s Remedy’ to Push Multifamily Development. For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.
Amazon’s $1.4B Housing Fund Now Open for Developer …
WEBAug 21, 2024 · Amazon (AMZN) is open to more than just online shoppers. Starting this week, affordable housing developers can apply to receive financial assistance from the $1.4 billion pool within Amazon’s total $3.6 billion Housing Equity Fund, according to the Washington Business Journal.To receive a fraction of the funding, both new and repeat applicants can submit project proposals through the fund ...
CBRE News - Commercial Observer
WEBCBRE Group Inc.—short for Coldwell Banker Richard Ellis—is the largest commercial real estate services firm and brokerage in the United States. The publicly traded company was founded in San Francisco more than a century ago, after a historic earthquake devastated much of the city in 1906. Known as Coldwell, Cornwall & Banker in its early ...
Why Negative Leverage Deals Make Sense — and Why They Don’t
WEBAug 3, 2022 · The seeds of negative leverage are planted when asset prices and interest rates rise at the same time, and, as a result, borrowers initially make less money on an investment than lenders. The deals are risky and harken to the days preceding the 2008 financial crisis, when investors were overpaying for a wide range of assets, from single ...
Industrial Outdoor Storage Primed for Growth – Commercial …
WEBFeb 14, 2022 · It closed its first two acquisitions in early February — a 3.25-acre property at 405 North 37th Street in Pennsauken, N.J., for $2.5 million and a 3.1-acre site at 350 Pigeon Point Road in New Castle, Del., for $1.9 million. Both properties are industrial zoned with excess yard space for storage of trucks, equipment and materials.
2 World Trade Center Poised to Get Underway With New Architect
WEBSep 7, 2021 · The last, big missing piece of the redevelopment of the World Trade Center site has switched architects and is poised to get underway. By David M. Levitt September 7, 2021 12:00 pm. reprints. TAKE TWO: There have been a number of attempts to get the last piece of the World Trade Center finished, but Norman …
L.A. County to Offer $215M for Gas Company Tower
WEBAug 1, 2024 · The County of Los Angeles plans to offer $215 million in an all-cash deal for the distressed Gas Company Tower, sources told Commercial Observer.. This comes a week after CO first reported the county’s intentions to acquire what is the fifth-tallest tower in the city at 555 West Fifth Street, which was once part of Brookfield (BN) ’s portfolio of trophy office space in Downtown L.A., but ...
Brookfield Hands Over U.S. Property Management to CBRE
WEBJan 17, 2024 · Brookfield Place near 225 Liberty Street will be one of dozens of Brookfield Properties that will now be managed by CBRE. Photo: Brookfield Properties. Brookfield (BN) Properties is handing off its day-to-day property management to CBRE (CBRE) in the spring, Commercial Observer has learned.
Future of New York – Commercial Observer
WEBMar 28, 2024 · The Real Estate Industry’s Definitive State of the Union Event. Commercial Observer and REBNY invite you to join the 4th Annual Future of NY Forum, NYC’s definitive State of the Union event led by the city’s most prominent business and civic leaders. Open 2024 with clear, resolute direction on how city leaders are tackling emerging ...
American Dream Mall Begins to Pay Back Years of Debt
WEBAug 28, 2024 · After two years of missing interest payments for $287 million in municipal bonds issued for the megamall’s construction, American Dream will begin to pay bondholders back next week, Bloomberg first reported. U.S. Bank, the trustee on the debt, had skipped payments since August 2022 due to …