Deal flow for office properties in Manhattan is stuttering despite prices that are soaring higher than levels seen during the pre-crisis market peak. So far, there haven’t been any high-profile transactions—properties such as One Chase Manhattan Plaza, 650 Madison Avenue and the General Motors Building that dominated 2013—and brokers and investors alike are grumbling about the lack of product up for sale.
Start your Real Estate Finance Intelligence service today for full access
Not ready to subscribe? Register today for a free trial.
Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
© 2014 Institutional Investor LLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,
Cookies before using the site.