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Mixed-use project encompassing 647K SF will include 636 units and grocery.
Buildings within a half mile are the most desirable with a 94.6% pre-leasing rate.
Markets with the lowest vacancy rates were all seaports.
It's a major market development for a company known for holding significant office investments.
About $5.65 billion in loans have been extended so far in 2023, says Trepp.
But in some markets Class A weighed down readings.
The opportunities in CRE debt are large, according to one CEO.
Analysts call it a "top performer," and this recent pullback in fundamentals is more of a reversion to historical norms.
A 'skip' meeting still doesn't mean no more hikes, even this year.
Retailer's 2.4M SF campus to be demolished for data center hub.