UBS
Heitman Relists 650,000 SQFT Pasarroyo Office Campus in Pasadena Three Years After Foreclosure
The Chicago-based investment manager is testing buyer appetite for the block-sized South Lake Avenue complex after taking back the keys on more than...
UBS Suspends $469MM Euroinvest Fund Withdrawals, Exposing Structural Cracks in European Real Estate Vehicles
Asset manager halts redemptions for up to three years amid liquidity constraints, as open-ended fund model faces systemic stress across European property markets....
Lennar Posts Q1 Revenue Miss as Geopolitical Risks and Institutional Buyer Pullback Cloud Nation’s Largest Homebuilder
The company’s $6.62 billion quarter fell 13 percent short of the prior year, with management flagging a widening set of macro risks even...
The Great Wealth Surge: How Billionaires and Family Offices Are Reshaping Commercial Real Estate
Ultra-rich investors pivot to tangible assets as private wealth hits $15.4 trillion globally The world’s billionaires are sitting on an unprecedented pile of...
Starwood Property Trust Grapples with Downtown Los Angeles Real Estate Challenges Amid Strong Q2 Performance
Major commercial real estate lender cites slow recovery in Downtown LA while reporting record origination volumes Starwood Property Trust Inc. (NYSE: STWD) delivered...
Tinder Co-Founder Makes $69MM Bet on Hollywood Real Estate, Buying Hollywood Galaxy Retail and Adjacent Petersen Building
Tinder co-founder Justin Mateen has made a bold contrarian investment in Hollywood’s commercial real estate market, purchasing the Hollywood Galaxy shopping center and...
Virtú Continues West Coast Apartment Investment Spree with $137MM Acquisition of 313-Unit ALX in San Diego
The ALX, a 19-story high-rise apartment building located at the edge of East Village near Petco Park, has been sold for $137 million,...
UBS to Liquidate $2 Billion Real Estate Fund Amidst Office Market Downturn
In a significant move reflecting the ongoing challenges in the commercial real estate sector, UBS announced on August 15, 2024, that it would...
Nuveen Sells 300,000 SQFT Wilshire Rodeo Plaza in Beverly Hills for $211MM
The Mateens plan to rebrand the iconic Golden Triangle business center as “One Rodeo” and attract leading retail tenants to maximize its potential....
650,000 SQFT Pasarroyo Office Complex in Pasadena Returned to Lender Following Auction
By The Registry Staff Pasarroyo, a four-building office complex in Pasadena, is heading back to its lender following a recent auction. Despite an...
