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CMBS Market Confronts Near-Term Headwinds - Commercial …
2022年10月5日 — CMBS Market Confronts Near-Term Headwinds. By Andrew Coen October 5, 2022 1:17 pm. reprints. Getty Images. Last year saw CMBS issuance levels at volumes not seen since before the 2008 financial crisis. Momentum continued into the first quarter of 2022, until volatility erupted after Russia invaded Ukraine in late February.
Innovations Powered by Women Forum - Commercial Observer
2021年6月17日 — Events. 2021 AWARDS (7 Minutes) – Innovations Powered by Women Forum. June 17, 2021. Congratulations to this year’s awards recipients! Workplace Innovation Award: Lisa Bevacqua, Silverstein Properties; Excellence in Field Award-Legal: Pamela Kain, Cushman & Wakefield; Excellence in Field Award-Finance & Investment: Kara McShane, Wells Fargo ...
Facebook Expands by 300K SF at 770 Broadway – Commercial …
2022年4月13日 — The social media giant signed a 300,000-square-foot lease to expand again at Vornado Realty Trust’s 770 Broadway, Bloomberg reported. It will bring Facebook’s presence to about 813,000 square feet in the property and give Facebook nearly total control of the 15-story building between East Eighth and East Ninth streets. Spokespeople for ...
Cipriani Locations Avoid Foreclosure With Loan Modification
2022年9月15日 — The $52.1 million commercial mortgage-backed securities (CMBS) loan backing two Cipriani locations in Manhattan has secured a modification, according to a Wednesday alert issued by Trepp. The workout pivot comes in the nick of time, saving the posh locations from near-foreclosure. The senior debt is backed by the Cipriani locations at 110 East ...
How Les Wexner Created the Richest Town in Ohio
2019年11月19日 — In the 1980s, Wexner, a billionaire retail magnate and magnanimous philanthropist, went looking for a place to build an estate — or a fiefdom, really — and his eye fell upon the humble townlet of New Albany, 20 minutes northeast of Columbus. And lo, Wexner bought a plot of land in the Central Ohio village of 485 people.
What’s Being Done About Miami’s Housing Crisis?
2022年2月28日 — At the state level, Gov. Ron DeSantis has allocated roughly $355 million for affordable housing in the latest budget — more money than the state has spent in a decade — and yet that amount could easily be used by Miami-Dade County alone, and still not fill the need, said FIU’s Murray. “The crisis is dire,” said Ken Russell, a Miami ...
These 5 Malls Have Seen the Sharpest Drops in Appraised Value
2022年5月24日 — Recent appraised value: $10.5 million, -85%. Foot traffic: Down 32% from 2019. Summary: At securitization, the collateral was valued at $69.4 million, but the value has fallen to $10.5 million. Sears closed its location at the mall in 2018, and Virginia College, which once occupied a 6-acre portion, also vacated.
Los Angeles Caps Possible Rent Increases for 624,000 Stabilized ...
2023年11月15日 — The regulations affect approximately 624,000 units in 118,000 properties that fall under the Rent Stabilization Ordinance, which amounts to approximately three-quarters of the city’s multifamily stock. The L.A. City Council voted 10-2 to cap increases at 4 percent, or 6 percent for landlords who pay for tenants’ gas and electricity.
Bark Barbecue Set to Open Texas-Style Eatery in Bushwick
2024年9月16日 — Bark Barbecue, a popular restaurant that mixes Dominican flavors with Texas-style barbecue cooking techniques, will open a new spot at Bridge City Group ’s 25-29 Thames Street in Bushwick, Commercial Observer has learned. The restaurant signed an 8,700-square-foot lease for 15 years at the former beer hall space, which includes ground-floor ...