A small bank based in Little Rock, Ark. has become one of the country’s biggest lenders on skyscraper construction, reports The Wall Street Journal. Mitsubishi Corp. and UBS Asset Management are looking into a sale of their jointly owned real...
The question for owners of older buildings is whether it’s worth pouring hundreds of millions of dollars into a full gut renovation.
The increase was driven largely by both the high level of property transactions and refinancing activity from borrowers.
