Although delinquency is on the rise among commercial real estate loans, the increase hasn’t yet led to a significant increase in distressed sales, Marcus & Millichap…
SLS Properties acquired the Galleria-area office building at 2425 W. Loop S. The Houston Business Journal reports that SLS paid $27 million for the 11-story, 285,000-square-foot…
Charlotte’s 400 South Tryon is being auctioned off. So far, the 32-story tower has only received one offer, at $36 million, less than a third of…
RG Real Estate acquired TownPark Commons for $42 million, a steep discount from an appraisal of the property four years earlier. In April 2021, the office…
Copeland Tower and Stadium Place, both built in the 1980s and totaling more than 210,000 square feet, have struggled in recent years to meet loan obligations.…
WestPark Partners recently bought a Maryland Farms office building that sold last month for a steep discount. The group paid $6.3 million for the five-story WestPark Building at a…
Investment firm Realm recently paid $15 million for downtown’s Parkway Towers and Court Square Building. Wheelock Street Capital sold the two buildings at a combined loss…
S2 Capital acquired a distressed portfolio of properties in Nashville and Knoxville, Tennessee, formerly owned by GVA Real Estate Group. They also picked one up in Dallas.…
Insignia has acquired Parkside Terraces, a 20-acre Alpharetta office campus that sold for much less than the previous owner paid for it. The Atlanta Business Chronicle…
Billions of dollars in commercial mortgages will mature in 2025, which will increase the number of distressed properties. Julie Baird, president of First American Exchange Company,…