The commercial real estate finance firm pointed to interest rate hikes and recent bank failures in a letter revealing it was laying off 110 employees.
Different property types will respond differently to a recession.
Britain is at a crossroads, and the direction of travel for property is uncertain.
Tishman Speyer acquired a 259-unit apartment tower in East Boston for $135M, its first residential purchase in the market, and other top Boston CRE deals.
The impending opening of Science Square in Atlanta is a sign of life for the city’s nascent life sciences sector.
The pandemic changed the fortunes of the Bay Area's most influential companies.
Services like property management outperformed core areas of business in Q4. Firms are looking to those verticals to carry them through a potential recession.
Houston's downtown office scene will never be what it was pre-pandemic, so diversification of downtown's offerings is necessary for downtown's success.
Lafitte, a longtime executive at TCC, said he plans to move on to other business and investment opportunities.
Developers and landlords, once weary of gyms, now view fitness tenants as an important generator of foot traffic.
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