Nightingale Properties' Midtown Office Tower Seized By Lenders
Nightingale defaulted on its $30M loan for the property last year.
Nightingale defaulted on its $30M loan for the property last year.
Corgan President Lindsay Wilson talked about office sector trends and the aspects of the neighborhood that could be attractive to office owners and tenants.
Bethesda-based Peel Properties purchased the office building at 4500 East West Highway for $35M.
Dave Schaeffer this year has offloaded 84% of his shares in his tech company, Cogent Communications, due to challenges in his real estate portfolio.
Denver’s CRE market sees slow progress as vacancy remains high. New leases hint at recovery, and a new initiative offers hope.
The size of an average lease renewal is at a six-year high, and more tenants are expanding their footprints than at any time since the pandemic.
After losing its only tenant, an office building in 3000 Post Oak Blvd. had its loan transferred to special servicing.
Love is in the air in Hallmark's spin on return-to-office mandates.
The nation's cities are also starting to more significantly reckon with obsolete office, and more conversions are on the way.
Several Center City office towers are trading at steep discounts after years of extend-and-pretend along Philadelphia's Market Street.
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