Real Estate Investment Trusts

The firm has been active in the Dallas office market.

While the deal has yet to price, the CMBS financing for the building is being seen as a bold vote of confidence for office demand in a large city’s central business district, observers say.

For many new hotels, the decision to open is one that’s been years—and millions of dollars—in the making.

The overall slowdown in investment sales activity that affected all commercial real estate assets in the second quarter is not expected to leave a lasting mark on industrial real estate.

Analysts say the commercial property market needs relief from the Federal Reserve, reports the Financial Times. Retail chains and small businesses continue to struggle in New York City, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

The company has been in early discussions with potential advisers about fundraising options.

Lenders are suing property owners falling behind on interest payments, reports The New York Times. J.C. Penney landlords are nearing a deal to acquire the department store chain’s retail business, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

“We are being patient with our capital, but we expect the pace of investment to increase over the next 12 months as opportunities present themselves,” said CEO Bruce Flatt.

Almost 14 percent of mortgage borrowers in Miami, and 12 percent of those in New York were at least 30 days behind on their payments in May.

Stein Mart filed for Chapter 11 bankruptcy and plans to permanently close most of its stores, reports CNBC. Online investment platform YieldStreet is being investigated by two government agencies, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.