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The biggest leases, sales and loans in New York City this week.
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The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
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The move follows a no-bid auction and default on Veritas’ properties, which led to their acquisition by Brookfield.
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As waves of distress wash over the central business district, real estate leaders say the city must take steps now to plan for a drastically different future.
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Loans under pressure include debt secured against a huge residential portfolio bought by Brookfield.
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Chemonics International, which kick-started the latest phase of The Yards with a full-building lease, is looking to give back space due to hybrid work.
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The property was also set to sell in March, but the deal fell through.
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The mall in Baltimore's northern suburbs has been placed in receivership after years of decline.
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North American Real Estate scooped up the 85K SF retail and office building at 605 N. Michigan Ave. for a reported $47M from Brookfield Properties.
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Developers, builders and owners are cutting the fat wherever they can find it in their design processes, players said onstage at a Bisnow event.
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