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Lenders Take Control Of £1B In Assets — But Finding Buyers Right Now Isn’t Easy
News

Lenders Take Control Of £1B In Assets — But Finding Buyers Right Now Isn’t Easy

... it was rejected after one member of the consortium, former Goldman Sachs International banker Michael Sherwood, was named in a criminal prosecution ...

Oct 02, 2023
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Downtown Dallas Has Lost Its Competitive Edge, But A Dedicated EDC Could Lift It Back Up
News

Downtown Dallas Has Lost Its Competitive Edge, But A Dedicated EDC Could Lift It Back Up

The challenges downtown are twofold, Billingsley Co. partner Lucy Burns told a packed auditorium at a Downtown Dallas Inc. event earlier this week. The office that exists today is aging and becoming obsolete, and commute times make it difficult to ...

Sep 29, 2023
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City offices
News

Mitsui And Greycoat Secure One Of The Largest London Lettings This Year

The owners of a former Goldman Sachs office building have snagged one of ... Sancroft was one of three buildings vacated by Goldman when it moved into a new HQ in ... for £270M and spent £54M upgrading it when Goldman moved out.  Central London leasing takeup was 4 ...

Sep 28, 2023
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A rendering of 50 Cambridgepark Drive.
News

Developer Sells Cambridge Apartment Building For $182M

... investment in the Cambridge neighborhood. An entity linked to Goldman Sachs paid $182M to acquire the 294-unit Hanover ... CPD Owner LLC, is connected to two Goldman Sachs office addresses.  Hanover and Goldman Sachs didn't respond to requests for comment.  ...

Sep 27, 2023
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People working in an office.
News

Office Usage Maintains Post-Labor Day Bump: Kastle

... .7 million Americans, according to a JLL study.  Last month, Goldman Sachs began cracking down on its five-day in-office policy ...

Sep 27, 2023
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Silicon Valley Investors Plan To Build A Retro City On Northern California Farmland
News

Silicon Valley Investors Plan To Build A Retro City On Northern California Farmland

... ’s helm is Jan Sramek, a 36-year old former Goldman Sachs trader, according to Insider. The final product will be inspired ...

Sep 26, 2023
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Bank Of America's New Uptown Lease Adds To Vacancy Glut Downtown
News

Bank Of America's New Uptown Lease Adds To Vacancy Glut Downtown

... SF, three-building office campus in the North End district, Goldman Sachs trimmed 100K SF from its development plans.  The growing glut ...

Sep 22, 2023
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This Week's Philadelphia Deal Sheet
News

This Week's Philadelphia Deal Sheet

... property records, Vastgood assumed the $6.5M loan originated by Goldman Sachs in 2016, which has since been securitized. The loan carries ...

Sep 20, 2023
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RV campers have increased in popularity in recent years, but need to be stored somewhere when not in use.
News

Former Data Center REIT CEO Is Betting Big On RV Storage With $800M To Invest

... , led by Truist Securities and backed by seven banks, including Goldman Sachs and Morgan Stanley.  Typical RV owners only use their vehicle ...

Sep 15, 2023
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Remote Work Will Persist, Goldman Forecasts, Bringing More Pain For Office Landlords Through 2030
News

Remote Work Will Persist, Goldman Forecasts, Bringing More Pain For Office Landlords Through 2030

... renew for smaller spaces, according to a new report by Goldman Sachs. By next year, the company forecasts work-from- ... 49M SF of new office construction was completed, Goldman Sachs reported. By contrast, Goldman Sachs estimates the drag on the overall U.S. ...

Aug 29, 2023
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