Underwater Multifamily Borrowers See Chance For Off-Ramp With Fed Rate Cuts
Some apartment borrowers are taking high-interest bridge loans to bide time before rates on permanent debt go down next year.
Some apartment borrowers are taking high-interest bridge loans to bide time before rates on permanent debt go down next year.
The properties at risk this upcoming hurricane season could equal a total possible reconstruction cost of $10.8T.
Cineworld is looking at a potential company voluntary arrangement, which would allow it to back out of leases at unprofitable sites.
After going from silver-winning Olympic bobsledder to NYC broker, Langton was promoted to director in April and this month began working in its Boston office.
Moody's estimates there are nearly 162,000 commercial properties in the path of what's expected to be 2024's most damaging hurricane to date.
MCB has offered $14 per share to buy the operator of more than 50 shopping centers across the Southwest.
The nine largest new office leases of 2024 in Philadelphia included tenants like Digitas and the city government, according to data from JLL.
All the top deals in Denver this week.
The Park at Legacy development would include 1.2M SF of office, 750 apartments, 425 hotel rooms, 20K SF of retail and a three-story townhome complex.
Lincoln reportedly sold the project at a steep discount to replacement cost.
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