Commercial

The five-story Hedwig Place came online in 2019. Image courtesy of Yardi Research Data A joint venture between Saber Street and Virtus Real Estate Capital has obtained a $41.1 million refinancing loan for Hedwig Place, a medical outpatient facility in…

The office building at 27 Drylock Ave. rises eight stories in the Seaport Innovation District. Image courtesy of Yardi Research Data Beacon Capital Partners has secured a $149.2 million loan from Morgan Stanley Bank for the office building at 27…

Ingka Group will bring a two-level IKEA store and four floors of office space to 529 Broadway. Image courtesy of Ingka Group The investments division of Ingka Group, the world’s largest IKEA retailer, has acquired a 53,000-square-foot, six-story building in…

Deloitte’s 2026 commercial real estate outlook cites global macroeconomic volatility and policy uncertainty for dimming commercial real estate executives’ optimism for the industry slightly compared to last year but notes the recovery is only pausing, not stopping.  “The sentiment is…

Bhavna Goyal The prolonged high-interest-rate environment has left few sectors untouched. For individuals, it has manifested in higher living costs and more expensive mortgage debt. For real estate borrowers, however, the impact has been particularly acute. The increase in benchmark…

Michael Criscito On paper, a building may appear 70 percent occupied. In reality, it may be bleeding cash and barreling toward default. This is the essence of the “Zombie Tenant Trap,” a problem increasingly common in today’s office market. Many…

Jessica Fiur, Editor-in-Chief “If you build it, he will come,” said a voice in the cornfield to Ray Kinsella in Field of Dreams. As far as life lessons from old sports movies go, it’s not half bad. (Only rivaled by…

Image by Jannoon028/iStockphoto.com The information you provide will be used to determine the industry’s leading mortgage banking firms and will be based on a number of factors, including commercial mortgage origination volumes, the types of financing provided, minimum commercial loan…

Otay Business Park’s location near an upcoming border crossing will enable easier cross-border transit for tenants. Image courtesy of Cushman & Wakefield Elevation Land Co. and a real estate fund advised by Crow Holdings Capital have obtained $102.4 million in…