The bad loans reported by Zions Bancorp and Western Alliance Bancorp this week can be traced back to the bankruptcy of a commercial real estate investment firm in Southern California: Here’s your Evening Briefing https://t.co/wln7ZQWLRd ...

Core Points - City Office REIT, Inc. announced that its stockholders approved the merger with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC [1][2] - The merger is expected to close in the fourth quarter of 2025, with shareholders receiving $7.00 per share in cash [2] Company Overview - City Office REIT is an internally-managed real estate company focused on acquiring, owning, and operating office properties primarily in Sun Belt markets [3] - The company currently owns or has a controlling interest in 4.2 million square feet of office properties and has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes [3]

Core Insights - SL Green Realty Corp. has signed office leases totaling 1,924,364 square feet in Manhattan for 2025, with a current pipeline exceeding 1.0 million square feet, indicating strong tenant demand and rising rents in the market [1][2] Group 1: Company Performance - SL Green Realty Corp. is Manhattan's largest office landlord, holding interests in 53 buildings totaling 30.7 million square feet as of September 30, 2025, including 27.1 million square feet of Manhattan buildings [2] - The occupancy rate at One Madison Avenue has increased to 91.2% due to recent lease agreements [4] Group 2: Notable Leases - Harvey AI Corporation signed a 10-year lease for 92,663 square feet at One Madison Avenue, contributing to the increased occupancy [4] - A financial services company also signed a 10-year expansion lease for 92,663 square feet on the fifth floor of One Madison Avenue [4] - Sigma Computing, Inc. signed an 11-year lease for 64,077 square feet on a portion of the third floor at One Madison Avenue [4] - The NYS Office of General Services signed a 15-year expansion lease for 66,106 square feet at 919 Third Avenue, increasing its total commitment to 117,390 square feet [4] - Teneo Holdings LLC renewed its lease for 46,551 square feet at 280 Park Avenue for 10 years [4] - Sagard Capital Partners Management Corp. signed a 10-year renewal and expansion lease for 40,516 square feet at 280 Park Avenue [4]

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: Delinquency rates for apartment commercial mortgage-backed securities declined 27 basis points from 6.86% to 6.59% in September, according to a report from data firm Trepp. However, multifamily delinquencies were still nearly double their rate of 3.33% in September 2024. Three months ago, they were 5.91%, and six months ago, they sat at 5.44%. ...

BOCA RATON, FL, Oct. 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced its a comprehensive analysis, “Digital Asset Treasuries (DATs): The Next Frontier of Crypto Exposure,” exploring how publicly traded crypto-treasury companies are reshaping capital markets, and why Solana-focused DATs may emerge as the breakout structural innovation in the space. The blog po ...

Core Insights - JLL's Capital Markets Group has arranged a $1.2 billion refinancing package for NorthPark Center, a premier shopping destination in Dallas, Texas [1][2] Financing Details - The refinancing package is led by Wells Fargo, with participation from Morgan Stanley and Goldman Sachs [2] - The new financing will retire the existing mortgage, with excess proceeds used to redeem equity interests and return full ownership to the Nasher/Haemisegger family [2] Property Overview - NorthPark Center, celebrating its 60th anniversary, spans 1.9 million square feet and features over 190 tenants, including major anchors like Neiman Marcus, Nordstrom, and Macy's [3] - The shopping center boasts a high occupancy rate of 98.6% and is recognized as one of the top five shopping destinations in the United States [3] Strategic Location - The center is strategically located at the intersection of Northwest Hwy and US-75, providing excellent accessibility and visibility [4] - It draws visitors from the Dallas-Fort Worth metroplex and affluent neighborhoods, benefiting from proximity to major employment areas [4] Cultural Significance - NorthPark Center features a collection of over 50 works of art, making it a cultural destination that enhances the shopping and dining experience [5] - The center hosts rotating exhibitions and public art programs, collaborating with various artists and institutions [5] Market Commentary - JLL's Managing Director Timothy Joyce highlighted the refinancing as a demonstration of the strength of premier retail assets in major markets, emphasizing the property's exceptional performance metrics and elevated shopping experience [6]

Scott Rechler, chairman and CEO of RXR, joins CNBC's 'Squawk on the Street' to discuss what's behind the surge in New York City commercial leasing activity, the potential impact of Zohran Mamdani's policies on real estate, and much more. ...

This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. The surge of AI over the past year is helping to drive demand in the U.S. office market, especially in San Francisco and New York City, both of which outpaced the national market and experienced post-COVID demand peaks in August.    Year over year, office demand grew 39% in New York City and 107% in San Francisco in August, compared with a national average of ...

Core Insights - The Shenzhen Grade A office market is set to welcome six new projects in Q3 2025, adding approximately 380,000 square meters of supply, primarily concentrated in the Qianhai and Houhai areas [1] - Companies are taking advantage of the rental adjustment period to upgrade their office spaces in a cost-effective manner, while the development of overseas markets and technology firms is driving a structural recovery in demand [1] Leasing Strategies - In Q3, Shenzhen enterprises remain cautious regarding office leasing, focusing on cost control and optimizing space usage efficiency [1] - Many tenants are initiating lease restructuring negotiations to secure better leasing terms due to the price gap between current market rents and existing leases [1] - To stabilize tenant structures and attract quality enterprises, most landlords are significantly increasing flexibility in new and renewal lease negotiations by adjusting rental levels and optimizing lease terms [1] Industry Demand - Technology companies continue to lead the market, contributing approximately 30% of the leasing transaction area for Shenzhen Grade A office buildings in Q3 [1] - Active sectors include consumer electronics, artificial intelligence applications, and digital marketing, driving large-scale leasing transactions in tech parks and Qianhai [1] Emerging Trends - As Shenzhen technology firms accelerate their transition to higher value chains, there is a notable increase in demand for high-quality office spaces that support centralized layouts, high flexibility, and corporate culture [2] - The export momentum of Shenzhen's consumer electronics companies has become a new driving force for office market demand recovery, with exports of computers and audio-video equipment increasing by 10.8% and 5.5% year-on-year, respectively, in the first seven months of 2025 [2] - Several leading and emerging consumer electronics companies have newly leased or upgraded to Grade A office buildings, totaling over 10,000 square meters, primarily for overseas marketing, brand management, and cross-border business expansion [2] Market Outlook - The market is expected to see over one million square meters of new supply in the Grade A office sector within the next 12 months [2] - However, some financial and technology firms may reduce their leased area in market-grade Grade A office projects due to relocating back to self-built headquarters, potentially leading to a temporary increase in market inventory pressure [2]

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service t ...