Citigroup
Cedars-Sinai Acquires 340,000-SQFT Beverly Connection Mall From Ashkenazy Acquisition Corp. for Nearly $270MM
The healthcare giant’s purchase of the retail center directly across from its flagship campus signals a long-term expansion strategy in a land-constrained corridor...
IQHQ Opens Progress Park, Expanding San Diego’s RaDD District Waterfront Amenities
1.7-acre public space marks latest milestone in life sciences developer’s ambitious downtown transformation San Diego’s downtown waterfront gained a significant new amenity this...
TruAmerica Goes into Affordable Housing and Extends Team for Value-Add and Build-for-Rent Initiatives
–Veteran Leaders Ted Egner, Ben Finley and Stuart Cramer Serve as Strategic Hires to Take TruAmerica into its Next Stage of Growth— LOS...
Brookfield Asset Management $400MM Loan Transferred to Special Server
By Lilly Riddle The Bank of America Plaza, a symbol of Los Angeles’ financial district, is facing challenges as its owner, Brookfield Asset...
The Office Market Faces a Wave of Short Sales Amidst Dwindling Capital and Patience
Last year, investors amassed billions in anticipation of acquiring distressed real estate assets at considerable discounts. Yet, the expected deluge of deals didn’t...
Turbulent Times: Distressed Properties in U.S. Reach $80B in Q3
By The Registry Staff In the wake of the global pandemic, the United States is grappling with a mounting crisis in its commercial...
Brookfield’s Woes Grow as Firm Faces Default Risk on 1.4MM SQFT Bank of America Tower in Downtown Los Angeles
By The Registry Staff Toronto-based multinational investment firm Brookfield, which already defaulted on $1.1 billion in debt tied to three office buildings in...
Concerns Over Commercial Real Estate Loans Weigh on US Bank Stocks, Amidst Broader Market Decline
By The Registry Staff On Wednesday, shares of large and mid-sized US banks experienced a notable underperformance compared to the broader market, according...
Prologis to Combine with Duke Realty in $26B All-Stock Transaction
SAN FRANCISCO and INDIANAPOLIS — Prologis, Inc. (NYSE: PLD) and Duke Realty Corporation (NYSE: DRE) today announced that the two companies have entered...
Blackstone & Starwood to Acquire Extended Stay America for $6B
Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today...
Berkadia Secures $23.5MM in Financing for Commercial Office Property in Valencia, Calif.
COLUMBUS, Ohio – March 9, 2020 – Berkadia today announced the financing secured for the headquarters of digital marketing and technology company Scorpion in...
