Real Estate News
Blackstone real estate debt fund closes with $8 billion in commitments
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.... Read More
US has now canceled about one in 10 active federal commercial real estate leases
By Mark Heschmeyer, Jonathan Lehrfeld CoStar News Summary: 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, now covering all 50... Read More
Million-Dollar Homes Skyrocket in Miami, as Starter Properties Go Extinct
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... Read More
Small Warehouses Are Getting Harder to Find
By Liz Young Summary: 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 a lack of small warehouse spaces. Despite a rise in overall warehouse availability, the vacancy... Read More