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Mirae Global Investment's 1750 K St. NW office building in Washington D.C. dropped 25% in value.
News

Mirae’s U.S. Real Estate Fund Sees Major Loss

... its office space and moved to Tishman Speyer's 2050 M St., CoStar reported. The law firm had occupied more than ...

May 26, 2023
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Real Estate Prices Reveal Investor Verdict On Debt-Laden Supermarket Buyouts
News

Real Estate Prices Reveal Investor Verdict On Debt-Laden Supermarket Buyouts

... a 19% discount to the original asking price of seller M&G. Aviva Investors bought an Asda store in Hayes for ...

May 25, 2023
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Real Estate Likely To Outperform ‘Safe’ Investments In Next Recession, Says New Analysis
News

Real Estate Likely To Outperform ‘Safe’ Investments In Next Recession, Says New Analysis

... DeCrow, who led the analysis. “I'm hearing from all of our investors, ‘Hey, I’m sitting on my cash, putting it ...

May 25, 2023
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A rendering of the library Howard Hughes planned in Downtown Columbia.
News

Howard Hughes' $144M Library Project In Maryland Threatened With Loss Of Public Funding

... week, said in March.    UPDATE, MAY 26, 10:40 A.M. ET: This story has been updated with new comments from ...

May 25, 2023
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Writers strike Writers Guild of America
News

Writers Strike Silences Studios, Throwing Upstart Real Estate Asset Class Into Uncertainty

... for content is still insatiable.”   UPDATE, MAY 24, 10 P.M. ET: This story has been updated with new data on ...

May 24, 2023
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Former EagleBank CEO Sells Downtown D.C. Office Building For $6M Loss
News

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

... told Bisnow that the nonprofit plans to move to 2445 M St. NW and downsize its footprint.  A carrier annex for ...

May 23, 2023
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As State Bans On Foreign Property Ownership Proliferate, CRE Grapples With Compliance
News

As State Bans On Foreign Property Ownership Proliferate, CRE Grapples With Compliance

... general is a great thing.”  UPDATE, MAY 23, 9 A.M. PT: This story has been updated to reflect that the ...

May 22, 2023
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Baltimore Mayor Brandon Scott speaks with Seawall Development Principal Thibault Manekin during the ceremonial opening of the new Lexington Market building.
News

Weekend Interview: Thibault Manekin On Real Estate's Power To Unite

... the real estate market closely these days. [I’m] not exactly sure what will happen over the ... and forth between the two.  So, I'm in complete service of them every minute of ... , sitting in awe on the sideline.  I'm honored to have been chosen as their dad ...

May 19, 2023
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Dirk Lamb
News

Highwoods Taps Colliers Executive To Lead Atlanta Office

... leave Highwoods to spend more time with his family. "I'm going to be 66 this summer," Bacchetta said. "It's ...

May 19, 2023
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Sam Zell Remembered: Jon Gray, Stephen Ross Among CRE Leaders Reflecting On Death Of A Titan
News

Sam Zell Remembered: Jon Gray, Stephen Ross Among CRE Leaders Reflecting On Death Of A Titan

... evolved over the last 60 years, and I’m grateful for his many contributions,” Ross said.  ... legacy.  UPDATE, MAY 18, 5:30 P.M. ET: This story has been updated with comments ... career. CORRECTION, MAY 22, 12:50 P.M. ET: A previous version of this story incorrectly ...

May 18, 2023
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