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Occupancy and interest rate hikes had hit Brookfield’s defaulted D.C. office portfolio hard—across the 12 properties, occupancy rates averaged 52%, down from 79% in 2018 when the debt was ...
The total value of the portfolio, based on a 2021 appraisal, is estimated at 2.27B. Columbia, an office REIT acquired by Pacific Investment Management for $3.9B in 2021, said in a statement it is ...
The same-store office portfolio occupancy rate was down 110 basis points on a sequential basis and 240 basis points on a year-over-year basis as it was reported at 87.1% for the current quarter.
A 2.1M SF portfolio of Rosslyn office buildings changed hands in recent weeks after Monday Properties defaulted on its loans, and the new owner has now secured an extension to pay off the ...
Boxing legend Floyd Mayweather Jr. is expanding his real estate empire with a major stake in 601W Companies’ $10 billion office portfolio, marking his latest move in commercial property investment.
An 11-building office portfolio in Henrico County sold for $87 million, according to Henrico County property records. A partnership between New York-based Jack Sitt Real Estate LLC and Dubai, United ...
off the value of its almost £10 billion property portfolio last year, but said it expects rising office occupancy rates will boost its business in 2024 The FTSE 100 company, which is Britain’s ...
an agency that manages the federal government’s real estate portfolio, say they are reversing more than 100 lease terminations. That includes an Energy Department office in New Mexico that ...
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