Bank of America
Blackstone Sees Commercial Real Estate Recovery on Horizon as Supply Drops and Capital Costs Ease
Private equity giant reports stable property values in Q2 while positioning for market turnaround Blackstone Inc., the world’s largest alternative asset manager, signaled...
Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction
Gaw Capital Partners acquired a 550,000 square foot campus in Bellevue for $87.5 million through a deed-in-lieu of foreclosure, highlighting a surge in...
Drawbridge, KKR & Global Atlantic Buy Spring District’s Block 13 Meta-Leased Property in Deal Valued $193MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property trade was valued around $910 per square foot, or approximately...
500,000 SQFT Bellefield Office Park in Bellevue Hits Market, Testing Eastside Investment Appetite
The 550,000-square-foot Bellefield Office Park has been listed for sale in Q1 2025, offering a significant test of investor confidence in the recovering...
$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...
