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REPORT: 2 San Francisco Office Buildings On DOGE Chopping Block
News

REPORT: 2 San Francisco Office Buildings On DOGE Chopping Block

As part of President Donald Trump’s mandate to cut down federal office space, two of San Francisco’s most noteworthy federal office buildings are reportedly being considered for sale, according to the San Francisco Chronicle, citing an internal General ...

Feb 20, 2025
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Florida Legislators Shoot Down 'Bailout' For Owners Of Aging Condos
News

Florida Legislators Shoot Down 'Bailout' For Owners Of Aging Condos

Condo associations of buildings 30 years or older had until Dec. 31 to complete a structural integrity assessment and start funding reserves to cover repairs as a result of a law passed in the wake of the 2021 Champlain Towers South condo collapse that ...

Feb 12, 2025
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JLL Doug Mueller 1201 Pennsylvania Ave. NW
News

Former JLL Star Office Broker Doug Mueller Named Vice Chairman At Rival Firm

Newmark has hired Mueller as vice chairman in its D.C. office, the brokerage announced Tuesday. He will “spearhead” agency leasing efforts in the city, Newmark said, with a focus on office landlord representation. Mueller had been with JLL since 2012 and ...

Feb 11, 2025
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A Piece Of The Pie: CRE Ownership Structure Is A Win For Houston Brokers And Clients
News

A Piece Of The Pie: CRE Ownership Structure Is A Win For Houston Brokers And Clients

10 years ago, commercial real estate brokerage Lee & Associates expanded its national presence by opening the doors to its 55th office, in Houston, Texas, with four CRE professionals and an assistant at the helm. Among the CRE professionals was Managing ...

Feb 10, 2025
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Youth, Ambition, Profit And Tech: A Pair Of Property Vets Back New Businesses At A Moment Of Change
News

Youth, Ambition, Profit And Tech: A Pair Of Property Vets Back New Businesses At A Moment Of Change

... . Ashen acquired a stake of up to 20% in Sibner IM, a subsidiary of Sibner Group, which has a rented residential ...

Feb 10, 2025
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New York Life Insurance Headquarters New York
News

New York Life Names New Head Of $68B Real Estate Investment Arm

After 22 years at the helm, Senior Managing Director Mark Talgo plans to retire from leading New York Life Real Estate Investors in June, and Thomas O’Hanlon, NYLREI's managing director, is set to take over. While keeping his role as managing director, O’ ...

Jan 30, 2025
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Barry Sternlicht Starwood Capital Starwood Hotels
News

Barry Sternlicht Revives Starwood Hotels With Global Expansion Plans

The billionaire investor who made his name in hospitality is bringing back Starwood Hotels, the brand that sold to Marriott International for more than $12B in 2015. The resurrected brand will include three chains owned by Sternlicht, with plans to build ...

Jan 27, 2025
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Vacant Office Buildings In Former Greenspoint Exxon Mobil Campus Slated For Auction
News

Vacant Office Buildings In Former Greenspoint Exxon Mobil Campus Slated For Auction

The properties, CityNorth 1 and CityNorth 6, are both part of the former Exxon Mobil campus in the Greenspoint submarket. Dallas-based Lincoln Property Co. acquired the six-building complex in 2017, two years after Exxon moved out, when it had the highest ...

Jan 27, 2025
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It’s About Time: AI-Powered Software Expedites Project Due Diligence
News

It’s About Time: AI-Powered Software Expedites Project Due Diligence

Location is everything in commercial real estate, but another concern for commercial real estate lenders and investors is time, or the lack of it. The success of a construction project or property purchase can be jeopardized if stakeholders do not have ...

Jan 23, 2025
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Philly Rents Saw Minimal Growth In 2024 Despite Strong Demand For Apartments
News

Philly Rents Saw Minimal Growth In 2024 Despite Strong Demand For Apartments

The median price of a one-bedroom apartment in Philly grew by just 1.3% year-over-year while other nearby locales like Wilmington, Delaware and Allentown, Pennsylvania, saw the metric expand by 7.7% and 6.3%, respectively, according to a Zumper report  ...

Jan 23, 2025
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