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Financial Market News
You are at:Home»Posts Tagged "office" (Page 4)

Bechtel Departure Dooms Houston Office Owner

By FinMar NewsMarch 29, 2025

Bechtel’s departure from the 19-story 3000 Post Oak Blvd. office building left it 99% vacant, which, of course, means trouble for the owner of the 441,523-square-foot…

RG Picks Up Distressed Kennesaw Office Asset

By FinMar NewsMarch 11, 2025

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…

Office Leads February Decline in CMBS Delinquencies

By FinMar NewsMarch 6, 2025

The Trepp CMBS Delinquency Rate decreased again in February 2025, with the overall delinquency rate decreasing 26 basis points to 6.30%, with CMBS 2.0 loans ending…

Midtown Manhattan Office Duo Trades at Steep Discount in Short Sale

By FinMar NewsMarch 5, 2025

A pair of century-old Midtown Manhattan office buildings are trading at a steep discount as lenders look to cut their losses, Bloomberg News reported. Empire Capital Holdings…

Two Distressed Arlington Office Towers May Hit the Market

By FinMar NewsMarch 3, 2025

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.…

Group Takes Over, Rebrands Distressed Nashville Office Building

By FinMar NewsFebruary 24, 2025

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…

Trump uses CPAC to hype first month in office, despite legal setbacks

By FinMar NewsFebruary 22, 2025

NATIONAL HARBOR, Md. — In a speech that amounted to an attempted post-inauguration victory lap, Donald Trump on Saturday hyped his first four weeks in office,…

Trump tariffs could threaten Hollywood production, box office recovery

By FinMar NewsFebruary 3, 2025

The Hollywood sign in Los Angeles on Jan. 22, 2024Mario Tama | Getty Images News | Getty ImagesLOS ANGELES — President Donald Trump just picked a…

Retail, Office See Large Increases in CMBS Delinquencies

By FinMar NewsJanuary 31, 2025

Four commercial property sectors saw monthly fluctuations in their CMBS delinquency rates of 40 basis points or more in December 2024, Trepp reported this week. Lodging…

Sunrise Office Property Unloaded at a Loss

By FinMar NewsJanuary 26, 2025

A large office property in Sunrise sold for $36.5 million, nearly $21 million less than it did six years ago. The S. Florida Business Journal reports…

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