WMRE home for insight covering finance and lending in commercial real estate, distressed properties, REITS and CMBS. Learn more about these CRE areas below.
This is Pontegadea’s second acquisition of premium residential real estate in the US, after agreeing to buy a New York building earlier this year. Traditionally, the firm focused on high-end office buildings and retail sites.
Bill Pulte, best known for using his Twitter account to give cash to followers, alleged in a civil complaint filed Wednesday in Palm Beach County, Florida, that newly named PulteGroup COO Brandon Jones has used a network of Twitter bots to harass...
Larger insurers have spent years reducing their exposure to the state as litigation costs rose and the severity and frequency of hurricanes intensified, leaving smaller firms that mostly focus on Florida dominating the market and homeowners facing...
Investor-driven lenders are continuing to be aggressive in a period of rising interest rates, helping multifamily investors top off their capital stacks.
Legion Chief Investment Officer Chris Kiper said he supports DigitalBridge’s leadership under Chief Executive Officer Marc Ganzi and its moves to transform the company over the past two years. He estimates the company could triple in value in the...
Lenders tend to be cautious on such projects and most investors might be looking for returns that are higher than office building prices right now would support.
Fortress Investment Group and Metro Loft Management are nearing a deal to acquire a stake in the 30-story Financial District building, with plans to redevelop it into housing, according to people familiar with the matter.
Zhang Li is alleged to have “provided kickbacks and funds to co-conspirators in order to obtain the appropriate permits for a construction project,” according to a court listing.
