American Dream’s owner Triple Five Group agreed to make the payments in lieu of real estate taxes to the borough of East Rutherford on land surrounding the mall in exchange for rights to build a hotel, minor league baseball stadium and offices.

The New York Times analyzed the barriers Black and Latino developers face, including lack of access to capital. Amazon’s HQ2 delay is “not a concern” according to Northern Virginia officials. These are among today’s must reads from around the...

It’s a totemic moment because Blackstone led the revival of the European CMBS market after the financial crisis.

The payment-in-kind option for part of the loan, is an arrangement being considered by lenders including Apollo, Blackstone and Oaktree Capital Management.

Multifamily Dive checks in on capital markets conditions in the build-to-rent sector. Movie theaters aren’t dying, but adjusting to a new environment, according to CNBC. These are among today’s must reads from around the commercial real estate...

The amount of water dispensed in machines sold by Bevi — a Boston-based startup that provides Internet-connected coolers to more than 5,000 businesses across the US — mirrors the office occupancy rates tracked by security firm Kastle Systems...

The private equity firm had sought an extension from holders of the securitized notes to allow time to dispose of assets and repay the debt, according to people with knowledge of the plan. Market volatility triggered by the war in Ukraine and...

Private investors overtook institutions as the biggest global investors in commercial real estate, according to Knight Frank’s latest wealth report. Apartment sales fell 71 percent year-over-year in January, reports Multifamily Dive. These are...

Many office landlords are seeing borrowing costs skyrocket, leading owners to default on mortgages.

Starbucks has repeatedly denied violating labor laws and said that all claims of anti-union activity there are “categorically false.”