Value Of Macerich's Santa Monica Place Drops 35% In 2 Years
The mall was valued at $622M in 2017 and has been in and out of special servicing in the last two years.
The mall was valued at $622M in 2017 and has been in and out of special servicing in the last two years.
Mount Street is seeing increasing competition among lenders for deals and less distress than some might have anticipated.
Shelter inflation was a significant driver of a higher-than-expected March consumer price index, likely delaying interest rate cuts.
As owners struggle to attract tenants in this tough climate, the role of CRE marketing is more important than ever.
South Florida developers explain why unit sizes are shrinking at Bisnow's South Florida Annual Housing Summit.
Major studies show commercial properties near a transit station could command as much as a 42% premium on the sale price.
Miami-Dade County rescinded a ground lease for the planned Miami Wilds water park that was to be built on critical feeding grounds for endangered bats.
The owners are offering one of the parcels for ground lease, another for sale and a third for a joint venture partnership.
Mayor Brandon Johnson reversed course after learning aldermen had teamed up to call a Wednesday city council meeting to defeat the tax.
COO Matt Mooney said one of Parkway's goals is to find ways to take underperforming, overlooked assets in the Houston market and quickly improve them.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.