Vornado, Related's Google-Anchored Office Building Faces 'Imminent Default'

The $625M debt on the Chelsea office building matures in December.

Beacon Partners Sells Charlotte Mixed-Use Development For $92M

Beacon Partners has sold a mixed-use development containing a nearly 200K SF office complex in Charlotte’s Lower South End.

Simon Property Group To More Than Double $18M In Lost Saks Global Rents With New Leases

Simon Property increases mall rents by 144%, reshaping space after Saks' closures.

Texas Pauses Data Center Power Connections, Which Could Speed Up Rapid Development

Gov. Greg Abbott's pause on data center connections aims to regulate power demands and boost established developers in Texas.

Pied-À-Terre Tax Won't Deter Buyers Long Term, Developers Say

NYC's pied-à-terre tax caused short-term market shifts, but developers say the market will adjust.

How Officials Are Picking Which Parts Of Philly Will Benefit From Opportunity Zones 2.0

Pennsylvania officials must submit 217 census tracts for OZ 2.0 by Sept. 28. Philly could see fewer tracts included than in the first iteration.

SoFlo Homebuilders Prepare For Smaller, Pricier Market As Buyer Pool Shrinks

Developers adapt to rising home prices and mortgage rates in South Florida, finding options to lure in buyers and lower expenses.

Bell Partners Buys Reading Apartments For $96M: The Boston Deal Sheet

Bell Partners buys Reading Commons for $96M, expanding its Boston portfolio.

Fermi Finally Secures Project Matador Tenant In A $6.5B Deal

Fermi finally landed its first tenant for the data center campus Project Matador, which had run into construction and financial setbacks.

Long Island City Lab Sells At A Loss: The N.Y. Deal Sheet

Longfellow sold the Long Island City building for $6M less than it paid before redeveloping it, plus more of this week's biggest CRE deals in NYC.