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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 ...
PHILADELPHIA, PA—Brookwood Financial Partners has acquired a 29-building portfolio of class A and class B office buildings in Bucks County, Horsham, Fort Washington, and the Lehigh Valley area.
Appraisers have slashed the value of a seven-building office portfolio owned by Pimco’s Columbia Property Trust by 30 percent, after the firm defaulted on $1.7 billion in loans connected to the ...
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.
Sarah Poncelet, Chair, Strategy – Enterprise Portfolio Management Office & Strategic Consulting Services at Mayo Clinic joins the podcast to discuss her background, top priorities right now ...
Instead, the Office of Federal Student Aid for several weeks had been working on a plan to transfer a portion of the portfolio to Treasury, which did not materialize. The announcements come a day ...
Sources tell the Philadelphia Business Journal a prominent real estate firm has shown interest in acquiring at least a portion of the portfolio. Distressed office complex negotiates $113M decrease ...
This time he has made an investment in a $10 billion portfolio that includes Tri-state area office properties, according to a report from The Real Deal. The assets make up 601W Companies ...
--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has entered into a $703 million joint venture for 10 properties in DHC’s Office Portfolio segment with two ...
Mack-Cali Realty Corp. said June 14 it sold River Centre, a 639,490-square-foot office portfolio in Red Bank, to First Mile Properties, the suburban affiliate of Crown Acquisitions of New York ...
The Portfolio, which includes 23 office buildings and six office/flex buildings that range in size from 17,750 square feet to 132,385 square feet, contains a total of 1,611,961 square feet and ...
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