JLL Capital Markets has completed the sale of The Lex, a recently renovated office property in Shoreview, Minnesota, for $18.55

A development team led by Gilbane has reached financial close for Phase I of 1920 Turnbull, an affordable and supportive

Fourth Avenue Capital has started construction on Badger Heights Apartments, a new 72-unit luxury multifamily community in Richland, Washington. The

Opus Development Co. and an Ares Real Estate fund have secured a $67 million refinancing loan on Kalaco, a recently

Cohen Brothers Realty Corporation announced that chairman Charles S. Cohen has paid the full balance of a judgment debt held

Fitch Ratings reported that the overall U.S. CMBS delinquency rate inched higher in May, as new problem loans outpaced resolutions.

Commercial real estate distress continued to surface across multiple property types and capital stacks in mid-June, with new liquidations, special

Bank of America Plaza in Downtown Los Angeles has changed hands in a court-supervised transaction, with Colliers announcing the sale

Rockpoint, LCOR and Potomac Investment Properties have formed a joint venture to acquire an office property in Washington, D.C.’s Georgetown

A new affordable multifamily community, Palladium City Skyline, has opened in East Fort Worth with a total development cost of