The 30-story office tower at 55 Broad Street will be redeveloped into a 571-unit luxury apartment building.
2 min read · 01 August 2023
The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.
10 min read · 01 August 2023
The Charlotte, North Carolina manager is looking at internal value creation – especially for assets like office.
4 min read · 31 July 2023
A key theme the REIT is following is a migration of people leaving cities for the suburbs.
5 min read · 20 July 2023
Speaking at the first District World Summit event in London last week, the bank’s co-head of real estate said values have not adjusted as quickly as anticipated.
3 min read · 11 July 2023
The Eastern European property group has raised debt for offices as part of a €600m financing package.
4 min read · 07 July 2023
HSBC’s exit from Canary Wharf is not a death knell for the estate. But it highlights problems facing those invested in the former financial hotspot.
6 min read · 30 June 2023
Receiverships at Docklands office buildings in London suggest even prudent senior lenders will be impacted by problems in the office sector.
3 min read · 20 June 2023
The imminent sale of a Class A Downtown Manhattan office will provide another important metric.
4 min read · 14 June 2023
The transaction, on which JLL advised, was completed at a time when banks increasingly scrutinise office loans.
4 min read · 07 June 2023