Blackstone Joint Venture Buys 20 Percent Stake in Approximately $17B Signature Bank Portfolio
NEW YORK & MIAMI & WASHINGTON & TORONTO – Blackstone Real Estate Debt Strategies (“BREDS”), Blackstone Real Estate Income Trust, Inc. (“BREIT”), Canada Pension...
U.S. Real Estate in 2024: A Landscape of Opportunity Amidst Challenges
The U.S. real estate market in 2024 presents a complex landscape. Despite facing headwinds including high interest rates, geopolitical conflicts, and near recessions in...
Veritas Investments Los Angeles Buys 44-Unit Apartment Asset in Downtown Bellevue for $16.1MM
Veritas Investments Los Angeles’ (“VILA”) acquires 44-unit apartment community on abundant parcel close to new light rail stationFirst time property was made available on...
Tacoma-Based Harbor Custom Development Files for Chapter 11 Bankruptcy
TACOMA, Wash, Dec. 11, 2023 -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (collectively with certain of its wholly owned subsidiaries described...
Los Dos Agaves Signs 4,000 SQFT, $1.1MM Retail Lease in Wilsonville, Ore.
Ramirez & Gonzales, doing business as Los Dos Agaves, recently completed the $1,111,239 lease of suite 200 at Village at Main Street – Building...
Choice Hotels Launches Hostile Takeover Offer for Wyndham Hotels
By The Registry Staff
Choice Hotels has escalated its pursuit of Wyndham Hotels & Resorts by initiating a hostile takeover offer. After repeated unsuccessful attempts...
The Wolff Company Sells Nearly 17 Acres of Vacant Land in Snohomish for $17.9MM
By Kate Snyder
More of the Puget Sound region’s vacant land has traded hands. In a recent sales transaction, nearly 17 acres in Snohomish were...
Microsoft to Exit 442,000 SQFT of Office Space in Bellevue Over Next Two Years
By Kate Snyder
Microsoft, a global powerhouse in the technology industry, is continuing to give up space in Bellevue. A listing from Broderick Group shows...
CMBS Lenders Gain Momentum as Banks Tighten CRE Loan Standards
The commercial real estate landscape in the United States is undergoing a significant transformation as more property owners are turning to commercial mortgage-backed security...
Seattle-Based Zulily to Lay Off 292 Employees, Close Headquarters
By The Registry Staff
An online retailer dedicated to discount shopping is facing a series of setbacks that include employee layoffs, office closures and legal...