Southeast

With more than 7 million square feet of office space under construction, development is at new record levels not seen since the 1990s.

After revealing closing $140 million ground leases underlying office buildings in New York, NY and Austin, TX, the firm releases newly signed contracts in New York.

The seller was Castle Lanterra and the buyer was Capital Square 1031, which acquired the 328,066-square-foot building for nearly $200,000 per unit.

Alternative lenders can finance smaller developers and nontraditional real estate projects that major banks won’t touch.

NEW YORK—Assets in the net lease space can range from last mile distribution centers to convenience stores to micro hospitals to offices. But the…

The unit sale prices at the downtown condominium tower start at over $4 million.

“One key thing we look at refinance risk. We have to project forward economic conditions of the property ten years in the future.”

Stats from JLL and CBRE show that sales transactions in global commercial real estate are falling.