Goldman Sachs
300,000 SQFT Smith Tower Listed for Sale in Seattle
By Kate Snyder Two assets in Seattle’s Pioneer Square, including the historic Smith Tower, have hit the market for sale. No asking price...
US Banks Perform Better YOY in Annual Stress Test of Commercial Real Estate Loans
By The Registry Staff According to the Federal Reserve, major U.S. banks’ commercial real estate portfolios performed better than expected in this year’s...
112-Unit Sustainable Apartment Project at 303 Battery in Seattle Resumes Development
By Vladimir Bosanac Work on the environmentally friendly 303 Battery apartment complex in Belltown, overseen by Seattle’s Sustainable Living Innovations (SLI), has resumed...
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...
IRG Industrial Eclipses $1 Billion in New Financings in Past 12 Months
Latest institutional bond issuance of $275 Million underscores investors’ continued confidence in IRG and the U.S. industrial market LOS ANGELES–IRG Industrial, LLC (IRG),...
Goldman Sachs Signs 99-Year Ground Lease for a Development Site in Bellevue
By Meghan Hall As the commercial real estate sector becomes more competitive across Puget Sound, a number of companies are taking up a...
Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9B Transaction
NEW YORK & NEWPORT BEACH, Calif.–Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired...
Washington State Convention Center Addition Secures $342MM Financing, Construction Continues with Planned 2022 Completion
SEATTLE – March 31, 2021 – The Washington State Convention Center (WSCC), which has been in the midst of a coronavirus-induced financing crisis,...
Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility
SANTA MONICA, Calif., March 26, 2021 — Today, the Macerich Company (NYSE: MAC, the “Company”) announced certain major capital events and other updates. Through March 25,...
Blackstone & Starwood to Acquire Extended Stay America for $6B
Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today...
Unico Sells Off Share of Amazon-Leased Asset in Seattle for $121MM
By Meghan Hall Buildings in core locations and major credit tenants have proven their ability to still nab investors, even at the end...
