Former EagleBank CEO Sells Downtown D.C. Office Building For $6M Loss

Ronald D. Paul Cos. sold a West End office building, known as the Duke Ellington Building, for $20.5M last week, $6M less than what it paid for the property.

Manhattan Office Leasing Falls Below 2020's Pace

A total of 1.5M SF in office leases were signed in Manhattan in April, a 44% year-over-year decline.

Alston & Bird Testing Office Leasing Waters In Atlanta

While it's unclear what Alston & Bird plans to do with its 340K SF, the trend among law firms has been to downsize.

Loan Backed By Manhattan Office Tower Blackstone Gave Up On Set To Hit The Market

More than a year after Blackstone handed over the keys to 1740 Broadway to its lender, the lender is trying to get out from the loan.

Office Valuations Expected To Fall As Owners Take What They Can Get

Some office owners are now facing the inevitable drop in values.

REPORT: OpenAI Zeroing In On Uber's Office Space In San Francisco's Mission Bay

The artificial intelligence company is in serious talks to take a large space at a building Uber leased but never moved into.

Fifth Avenue Office Building Staring Down Default

The loan was transferred to special servicing in April this year for an imminent maturity default.

U-Turn Permitted: Companies Rethinking Office Abandonment After RTO Mandates

The trend so far is a sliver of good news for the office market.

Norges Bank Buys 45% Stake In BXP’s 900K SF Madison Avenue Office Project

The Norwegian sovereign wealth fund is coming on board for Boston Properties’ 343 Madison Ave. development near Grand Central Station.

‘The Writing Is On The Wall’: Office Lenders May Have To Go All-Out Ahead Of Mass Surrenders

Amid broad realization of office's dire straits, owners are deciding whether to walk away from their most troubled assets. Banks want them to stick around.