Commercial
Maverick Gaming Sells 22,000 SQFT Building in Lakewood for $27MM
By Kate Snyder Another property has traded hands in Lakewood, involving the same buyer and seller of a casino building that sold in...
Report: Half of Largest Global Occupiers Plan to Shrink Office Space
By The Registry Staff The commercial real estate market is undergoing significant changes as major corporate employers are planning to reduce their office...
Seeing Significant and Rapid Dislocation in CRE, Artemis Raises $2.2B in Equity Commitments to Pursue Distressed Opportunities
By The Registry Staff Artemis Real Estate Partners, a national real estate investment firm, recently announced the successful closing of its fourth value-add...
Seattle Real Estate Startup Flyhomes Implements Third Round of Layoffs
By The Registry Staff Real estate startup Flyhomes is implementing its third round of employee layoffs within a year. The Seattle-based firm, which...
The Velmeir Companies Purchases 5,000 SQFT Building in Seattle for $10.9MM, Plans Mixed-Use Development
By Kate Snyder A real estate development firm that has long been planning a mixed-use project in Seattle’s Madison Valley neighborhood has purchased...
Fairfax Financial Partners With Kennedy Wilson to Acquire $2B Loan Portfolio from Pacific Western Bank
TORONTO — Fairfax Financial Holdings Limited (TSX:FFH and TSX:FFH.U) is pleased to announce that it has agreed with Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson”)...
US Lenders Ready for Possible Losses in Portfolios, Prepare to Offload CRE Loans, Even Performing Ones
By The Registry Staff Certain US banks are preparing to sell loans tied to real estate assets at a discounted price, even when...
Portland General Will Invest $150MM In Hillsboro Battery Energy Storage Project
Portland, Ore. — Portland General Electric Company (NYSE: POR) today announced the procurement of the Evergreen battery energy storage system, a new 75-MW...
Intracorp Purchases 61,000 SQFT Office Building in Bellevue for $18MM
By Kate Snyder A vacant office building in Bellevue’s Eastgate neighborhood traded hands recently, signifying that investors continue to be attracted to the...
Blackstone Real Estate Fund Facing Substantial Redemption Requests
By The Registry Staff Blackstone’s retail real estate fund, valued at $69 billion, experienced a seventh consecutive month of limited investor withdrawals in...
CNBC: Ivanhoe Cambridge CEO on Return to Office and Commercial Real Estate Stress
Nathalie Palladitcheff, Ivanhoe Cambridge CEO, joins ‘Squawk on the Street’ to discuss the state of the global real estate market and corporate real...
Concerns Over Commercial Real Estate Loans Weigh on US Bank Stocks, Amidst Broader Market Decline
By The Registry Staff On Wednesday, shares of large and mid-sized US banks experienced a notable underperformance compared to the broader market, according...
