WeWork special committee files lawsuit challenging SoftBank’s decision to terminate tender offer
The special committee of the board of directors of The We Company, a parent organization of WeWork, announced that it has filed a lawsuit...
Walker & Dunlop provides $340m acquisition financing for Cortland
Walker & Dunlop, Inc. has provided $340 million in financing for Cortland's landmark acquisition of PURE Multi-Family REIT. The $1.2 billion transaction comprised 22 properties...
Marcus & Millichap acquires Dallas-based Metropolitan Capital Advisors
Marcus & Millichap, Inc.(NYSE: MMI), a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services announced it has acquired...
AECOM provides business update amid the coronavirus pandemic
AECOM (NYSE:ACM), the world’s premier infrastructure firm, today shared an update on the multiple steps it has taken throughout the global coronavirus pandemic to...
SoftBank Group announces end of WeWork tender offer because closing conditions not met
SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The We Company...
U.S. office market faces uncertain times ahead, says Yardi Matrix
February was the last month of the record long economic recovery before U.S. office workers were largely asked to work from home, which will...
ICSC calls on state and municipal leaders to support America’s shopping center industry
As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain the spread...
Hilton corporate response to COVID-19
The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is...
US CRE price growth steady in February
U.S. commercial real estate(CRE) prices maintained a steady pace of growth in February, with the US National All-Property Index increasing 0.6% over the month...
KBS repositions office campus in San Jose, California
-KBS Repositions and Rebrands Five-Building Office Campus in San Jose, CA; Leases 314,710 Square-Feet in Less Than Six Months Post Renovation
-KBS created 100,000 square-feet...
Apartment industry committed to supporting residents impacted by COVID-19
As the nation contends with the COVID-19 outbreak and millions are sheltering in place, having safe and secure housing is more important than ever.
With...
Clarion Partners Real Estate Income Fund makes second commercial property investment
The Clarion Partners Real Estate Income Fund Inc. (CPREIF) has closed on its second investment, a $20.2 million industrial property in southern New Jersey.
The...
