PacWest Bancorp struck a deal to sell a portfolio of $2.6 billion in construction loans to Kennedy-Wilson Holdings, reported Reuters. Equity Commonwealth named a successor to Sam Zell. These are among today’s must reads for real estate investors.
We collected some of the best obituaries and tributes to real estate industry icon Sam Zell, who passed away at age 81 at his home. Sandeep Mathrani’s abrupt departure as CEO of WeWork came as a surprise to observers, reports Bisnow. These are...
Office owners have started to unload distressed buildings at discounted prices, reported The Wall Street Journal. Commercial Observer looked at politicians who are trying to play a role in setting policies related to commercial real estate. These...
Many companies have turned to hot desking as they reduce office space, but many employees hate it, according to report from The Wall Street Journal. Vornado Realty may be on the brink of defaulting on $2.6 billion in loans, according to The Real...
Blackstone is in talks with regional banks on forming a partnership to funnel loans to the private equity giant, reported the Financial Times. Starwood REIT has shaken up its leadership team, according to CoStar. These are among the must reads...
Federal officials are keeping a watchful eye on potential signs of distress in commercial real estate, reported The New York Times. Sourcing Journal looks at U.S. markets where it’s possible to find available warehouses. These are among today’s...
The largest commercial real estate brokerage firms reported quarterly losses and forecast more struggles ahead, reports Bisnow. Bain Capital is raising a $4 billion special situations fund that aims to invest in a range of assets, including real...
Cushman & Wakefield named Michelle Mackay as its new CEO and also announced the passing of John C. Cushman, III. Bisnow examined the “weird” real estate holdings of the British royal family. These are among the must reads from around the real...
The Real Deal looks at what JPMorgan’s takeover of First Republic Bank means for the real estate industry. ULI predicts a slowdown until 2025. These are among today’s must reads from around the commercial real estate industry.
The race to implement AI technologies is producing another burst of activity in the data center sector, reports Bisnow. Forbes examines the implications of Vornado choosing to suspend its dividend. These are among the must reads from around the...
