Commercial

Jay Maddox Image courtesy of Avison Young Many of our clients are stunned to learn that they are facing significant cash paydowns to renew or extend their maturing commercial real estate mortgages even though their properties are performing. One root…

Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six buildings spread on some 24 acres. Image courtesy of JLL Capital Markets Arundel Plaza comprises six buildings spread on some…

Source: Trepp Source: Trepp Source: Trepp The Trepp CMBS Delinquency rate inched up in February 2024. Overall, the delinquency rate rose 5 basis points to 4.71 percent. In the heavily watched office segment, delinquencies jumped 33 basis points to 6.63…

Source: Trepp Source: Trepp Source: Trepp The Trepp CMBS Special Servicing Report continued to rise in February, increasing 19 basis points to reach 7.14 percent. This is the first time the overall rate has surpassed the 7 percent mark in…

LG Energy Solution’s $5.5 billion development in Queen Creek, Ariz., represents the largest-ever single investment for a stand-alone battery manufacturing facility in North America. Image courtesy of the Town of Queen Creek LG Energy Solution’s $5.5 billion development in Queen…

Lincoln Property Co.’s mixed-use campus will rise next to The Crescent in Uptown Dallas. Image courtesy of Lincoln Property Co. Lincoln Property Co. is moving forward with plans for the development of a mixed-use campus in Uptown Dallas. The firm…

Frayer Enterprises has sold Airport Square, a 187,252-square-foot shopping center in Toledo, Ohio. A private investor from Las Vegas acquired the asset for $11.9 million. Airport Square came online in 1986, comprising four buildings spread on some 23 acres. Image…