By Katie Burke CoStar News Summary: The One Lincoln St. office tower in Boston was sold for $400 million at a foreclosure auction, a sharp decline from its $1 billion valuation in 2022. The building’s previous owner, Fortis Property Group, struggled with high...
By Joshua S. Andino CoStar News Summary: Florida lawmakers are updating the state’s affordable housing law, the Live Local Act, to address challenges developers face and streamline housing construction. The law, introduced in 2023, provides tax incentives for...
By Mark Heschmeyer CoStar News Summary: Blackstone has closed its latest real estate debt fund, Blackstone Real Estate Debt Strategies V, with $8 billion in total capital commitments, making it one of the largest private commercial property lending sources globally....
By E.B. Solomont Feb. 12, 2025 9:00 pm ET Summary: In Miami, the luxury housing market has surged as wealthy buyers push home prices to unprecedented levels, making entry-level homes increasingly scarce. Between 2019 and 2024, sales of single-family homes under...
Description: This building on US 41 directly opposite Rooms To Go with2 entrances and a median cut through. The kitchen was updated in 2020 by former tenant and is currently occupied by a local mattress store. Just south of Colonial Blvd on the west side of US 41...
Luxury labels like Mercedes-Benz, Dolce & Gabbana and Baccarat now lend their names to condo projects, letting developers pre-sell “branded residences” to fund new five-star …
Florida lawmakers are updating the state’s affordable housing law, the Live Local Act, to address challenges developers face and streamline housing construction. The law, introduced …
Blackstone has closed its latest real estate debt fund, Blackstone Real Estate Debt Strategies V, with $8 billion in total capital commitments, making it one …
The Trump administration has significantly accelerated its pace of terminating commercial real estate leases for federal agencies, with over 500 new lease cancellations since Friday, …
In Miami, the luxury housing market has surged as wealthy buyers push home prices to unprecedented levels, making entry-level homes increasingly scarce. Between 2019 and …
Half Price Books has been struggling to find a replacement for its 6,000-square-foot warehouse in the Minneapolis-St. Paul area for over a year due to …
Florida’s new condo safety law, SB 4D, enacted after the 2021 Surfside collapse, mandates inspections and full funding for repairs in aging condos. However, Republican …
In the fourth quarter, U.S. commercial real estate prices improved for large-dollar deals in major markets, while smaller transactions in secondary markets either stabilized or …