James Millon News Today

CBRE’s James Millon, Tom Traynor and Tom Rugg have used their skills and nine-person team to turn the firm into a large loan powerhouse.

/PRNewswire/ -- Chirisa Technology Parks ("CTP"), the wholesale and hyperscale data center development platform of Chirisa Investments, today announces a major...

The heart of New York is entering its most significant office construction drought in decades. The next wave of towers may not open until at least the early 2030s.

NEW YORK — The Manhattan office construction boom is over. Just three large office towers — of more than 500,000 square feet — are being built across New York City, with two expected to open in 2024 or 2025 and nothing else projected to go up for years. Normally, a handful of sites that size would be in various stages of construction, with at least one opening every year since 2018, according to JLL, a real estate services firm. Nearly 20 large office buildings that develope...

Manhattan had long been king when it came to office construction. But high vacancy rates have sent the real estate market into uncharted territory.

Manhattan had long been king when it came to office construction. But high vacancy rates have sent the real estate market into uncharted territory.

New office buildings flourished over the past 25 years in Manhattan, but a construction drought has begun.

Oxford Properties has secured $136 million in construction financing for a build-to-suit development at the Ionis Pharmaceuticals campus.

CBRE found that CBRE-originated commercial loan closings declined only 3 percent between the second quarter and the third quarter of 2023.

CBRE (CBRE) has tapped James Millon to lead the brokerage firm’s U.S. debt and structured finance business, the company announced Tuesday. Millon, who has spent the last nearly four years as co-head of U.S. large loans at CBRE with Tom Traynor, will begin his new role as president of U.S. Debt and Structured Finance (DSF) beginning Nov. 1. The DSF unit has averaged more than $70 billion of loan originations during the last two years and manages a more than $395 billion loan servicing po...