While brokers don’t believe the office is going away, they expect the challenges presented by the pandemic to last into next year.

The 399-room property, located in East Midtown and owned by TRT Holdings, will close its doors for good.

Grocery-anchored shopping centers collected about two-thirds of their normal rents from March through May.

A New York City condo building developer filed a lawsuit against the bank for reneging on an agreement for a construction loan.

CRE investors are looking for both assets that have been hard-hit by the pandemic, as well as more stable properties.

Citing breached covenants, Simon Property Group has terminated its $3.6 billion merger agreement with Taubman Centers.

Opportunity Zone funds offer similar benefits to 1031 exchanges, but come with an extended investment horizon.

The Triple Five Group borrowed billions to complete the American Dream mall in New Jersey. It now has to deal with distressed debt.