Hits to CMBS and CLOs Are Bad News for Commercial Real Estate Financing – Commercial Observer
The markets for both have pretty much collapsed in recent months, with defaults a particular threat to CRE overall.
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The markets for both have pretty much collapsed in recent months, with defaults a particular threat to CRE overall.
The joint venture developer broke ground on a 298-unit property that will also comprise 28,000 square feet of retail.
The effort to redevelop the old Spring Rock Green shopping center now includes plans for a grocery store, one of the project’s developers said this week.
Silverstein Properties announced Tuesday that it added three new tenants for almost 40,000 to its U.S. Bank Tower in Downtown Los Angeles.
Despite what no one denies has been a challenging year for commercial real estate, Commercial Observer’s 2023 Power Gala, held Sept. 19 at CORE: New York, the new club at 711 Fifth Avenue, proved that there is plenty of optimism — and reasons for that optimism — to be found in commercial real estate today. “We’re in an environment where you have to look beyond the headlines, because everything is not moving at the same speed, and where you invest matters,” said Ken Caplan, global co-head of Blackstone (BX), which won the night’s Acquisition Dea...