Bank of America
$191MM Mortgage Loan Falls into Default on Brookfield Properties’ 1.2MM SQFT Clackamas Town Center in Happy Valley, Ore.
By The Registry Staff A loan connected to a shopping center in the Portland region has fallen into default. According to a report...
HomeStreet Bank Enters Into Agreement to Sell $990MM in Multifamily Loans to Bank of America
Company Release – 12/27/2024 SEATTLE– HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the “Bank”), today announced that the Bank entered into...
$577.625MM SASB Financing Secured for LBA Logistics Value Fund VII Industrial Portfolio
JLL Capital Markets led the financing efforts for the 25-property, 7M SF portfolio located across 10 states CHICAGO, Sept. 30, 2024 – JLL Capital...
The Office Market Faces a Wave of Short Sales Amidst Dwindling Capital and Patience
Last year, investors amassed billions in anticipation of acquiring distressed real estate assets at considerable discounts. Yet, the expected deluge of deals didn’t...
Bank of America Opens New Downtown Financial Center in Seattle
New Location Demonstrates Commitment to Downtown Seattle and Bank’s High-Tech, High-Touch Approach to Client Service SEATTLE, WA – Bank of America today celebrated...
Turbulent Times: Distressed Properties in U.S. Reach $80B in Q3
By The Registry Staff In the wake of the global pandemic, the United States is grappling with a mounting crisis in its commercial...
Coastal Cities Continue to Lose Residents As Great Migration Continues
By The Registry Staff The cities in the Sunbelt region that benefited from the “Great Migration” caused by the COVID-19 pandemic are still...
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...
Charlie Munger Sees American Banks Exposed to Real Estate Loans
By The Registry Staff Charlie Munger, billionaire investor and vice-chair of Berkshire Hathaway, has warned of a potential storm brewing in the US...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...
Transnational Management Buys Greentree Plaza Retail Center in Everett for $23.7MM
SEATTLE – Dec. 29, 2022 – CBRE announced the sale of Greentree Plaza, an 83,035-sq.-ft. shopping center in Everett, Washington. Transnational Management acquired...
The Power of Pent-Up Demand: Industry Experts Predict Comeback for Retail in 2021
By Catherine Sweeney After a difficult year amid the COVID-19 pandemic, industry experts reported retail nationwide is appearing to make a comeback. During...
