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$49M Wynwood Annex Office Sale

In a $49 million transaction, DWNTWN Realty Advisors successfully brought together Related Group, East End Capital, and new-to-Miami buyer Brick & Timber Collective for the sale of Wynwood Annex office building, a key property in Miami’s Wynwood Arts District. Known [...]
Commercial Real Estate

Miami Office Building Sale Coppertone Building Sells for $8M

DWNTWN Realty Advisors recently closed an $8.095 million deal for the historic Coppertone Building, a mid-century gem at 7300 Biscayne Boulevard in Miami’s vibrant MiMo District. This office building sale adds to DWNTWN’s impressive record in Miami’s commercial real estate [...]
Commercial Real Estate

Ben Ashkenazy’s Cross County Mall Emerges as Premier Off-Price Shopping Hub in Yonkers, NY

Cross County Mall, owned by Ben Ashkenazy of Ashkenazy Acquisition Corporation, has established itself as a premier shopping destination for off-price retail in Yonkers, NY, offering value-focused shoppers access to top brands at discounted prices. The mall draws customers from [...]
Commercial Real Estate

Did JLL Fire Bob Knakal For His Glowing Times profile?

In commercial brokerage, breadwinners’ behavior is tolerated, but more so if they are family members. For evidence, we will make an unlikely comparison between Bob Knakal and Eric Haber. When Ruth Colp-Haber of Wharton Property Advisors is not brokering office [...]
Commercial Real Estate

Ben Ashkenazy Completes Retail Lease-Up at 800 Madison Avenue NYC, Business Wires News

Ben Ashkenazy’s Ashkenazy Acquisition Corporation has successfully leased the retail portion of 800 Madison Avenue on Manhattan’s Upper East Side. This prime property, located among prestigious retailers on world-famous Madison Avenue, strengthens its status as a flagship destination in New [...]
Commercial Real Estate

08/31/2023 | A Week In Business – September 1, 2023

Felony Child Abuse Charge Filed Against Former Berlin Daycare Worker; Woman Also Facing 14 Assault Counts A Berlin daycare worker is facing assault and child abuse charges after an eight-month-old baby was brought to the hospital with a broken leg. [...]
Commercial Real Estate

New York City’s Most Misallocated Asset Could Help Solve Its Housing Crisis – Commercial Observer

What would you do if you desperately needed money and desperately needed more housing, and were sitting on an asset worth about $26 billion? SEE ALSO: National Geographic to Open New D.C. Museum in 2026 What I am referring to [...]
Commercial Real Estate

Inditex: net sales worldwide by brand 2023

Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header. Register now Currently, you are using a shared account. To use individual functions (e.g., [...]
Commercial Real Estate

Bronx Multifamily Development Is Booming — But Can Demand Keep Up? – Commercial Observer

Something’s cooking in the Bronx. The borough has seen a sudden burst in market-rate multi-family development and affordable housing construction in recent months — and a lot of it is due to the Bronx’s growing opportunity and affordability, as well [...]
Commercial Real Estate

Massimo Motor appoints Dave McMahon as chief media officer

Massimo Motor Sports, LLC, the Texas-based manufacturer of accessory-packed powersports vehicles, has named Dave McMahon as chief media officer. McMahon brings extensive powersports industry experience to the newly created role and will aim to elevate the brand at the dealership [...]

A.J. Filipas, named Vice President of Commercial and Consumer Lending

September 9, 2024

A.J. Filipas, named Vice President of Commercial and Consumer Lending DOVER, DE (September 6, 2024) — Dover Federal Credit Union (DFCU) is pleased to announce that Mr. A.J. Filipas has joined the Credit Union, […]

Current Business Loan Interest Rates and Financing Options

April 19, 2024

Interest rates for commercial loans are the fees lenders charge businesses for borrowing money. These rates matter because they impact the overall cost of financing for companies. Currently, interest rates for various commercial loans like […]

Peachtree Group Ranked Among the Largest Commercial Real Estate Investor-Driven Lenders in U.S.

April 9, 2024

Ranking as a top-10 lender in the hotel sector for a third consecutive year ATLANTA, April 02, 2024–(BUSINESS WIRE)–Peachtree Group (“Peachtree”) ranked as the seventh largest U.S. commercial real estate investor-driver lender by the Mortgage […]

Why banks’ office loan troubles may soon fade

November 19, 2024

Office commercial real estate is under pressure after remote work trends and population losses in cities like New York, shown here, spurred increases in empty properties and hindered landlords’ collective ability to make loan payments. […]

Commercial And Multifamily Mortgage Originations Surge 59% In Q3 As Market Heats Up

November 15, 2024

Commercial And Multifamily Mortgage Originations Surge 59% In Q3 As Market Heats Up Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. According to the Mortgage Bankers […]

Vietnam State Bank Says Willing to Sell Dollars to Calm Dong – BNN Bloomberg

November 11, 2024

(Bloomberg) — Vietnam’s central bank reiterated it’s willing to sell US dollars to keep the dong stable in the local money market and maintain macroeconomic stability, State Bank Governor Nguyen Thi Hong said on Monday. […]

Bob Knakal Launches Investment Sales Firm With Artificial Intelligence Focus

April 14, 2024

Bob Knakal, the high-profile New York City broker who left JLL in February, has launched an investment sales firm of his own with plans to try to leverage artificial intelligence to help sell more […]

Brookfield DTLA towers lead SoCal’s top defaults in 2023

January 2, 2024

As the Fed hiked rates, commercial real estate borrowers suffered. A wave of borrowers defaulted on loans tied to commercial properties across L.A. and Orange County this year, as they struggled to make mortgage payments […]

3 Mortgage REITs With Yields Up To 21.04%

December 25, 2023

Mortgage real estate investment trusts (mREITs) are investment vehicles that focus on generating income through mortgage-related assets, such as mortgage-backed securities and mortgage loans. Unlike traditional REITs that invest directly in real estate, mortgage REITs […]

Banks Report Lending Slows Among Corporate Borrowers

April 17, 2024

The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its [...]
Trade Ledger Transforming Commercial Banking with Azure Open AI

April 4, 2024

In a rapidly evolving financial landscape where innovation is key to success, Trade Ledger emerges as a trailblazer, reshaping commercial banking. Founded by visionaries Martin McCann and Alan Beattie, Trade Ledger specializes in providing [...]
Mountain America Credit Union Ranked Top Small Business Lender in US for 20 Consecutive Years

March 27, 2024

Mountain America Credit Union Mountain America is the No. 1 credit union lender for most SBA loans on Callahan & Associates’ list A Media Snippet accompanying this announcement is available by clicking on this link. [...]

$49M Wynwood Annex Office Sale

Miami Office Building Sale Coppertone Building Sells for $8M

Ben Ashkenazy’s Cross County Mall Emerges as Premier Off-Price Shopping Hub in Yonkers, NY

Did JLL Fire Bob Knakal For His Glowing Times profile?

Ben Ashkenazy Completes Retail Lease-Up at 800 Madison Avenue NYC, Business Wires News

08/31/2023 | A Week In Business – September 1, 2023

New York City’s Most Misallocated Asset Could Help Solve Its Housing Crisis – Commercial Observer

Inditex: net sales worldwide by brand 2023

Bronx Multifamily Development Is Booming — But Can Demand Keep Up? – Commercial Observer

Massimo Motor appoints Dave McMahon as chief media officer

Why banks’ office loan troubles may soon fade

Commercial Loans

A.J. Filipas, named Vice President of Commercial and Consumer Lending

Current Business Loan Interest Rates and Financing Options

Peachtree Group Ranked Among the Largest Commercial Real Estate Investor-Driven Lenders in U.S.

Why banks’ office loan troubles may soon fade

Commercial And Multifamily Mortgage Originations Surge 59% In Q3 As Market Heats Up

Vietnam State Bank Says Willing to Sell Dollars to Calm Dong – BNN Bloomberg

Interest Rates

30-year jumbo mortgage rates | CNN Underscored Money

FinTech News

Bob Knakal Launches Investment Sales Firm With Artificial Intelligence Focus

Brookfield DTLA towers lead SoCal’s top defaults in 2023

3 Mortgage REITs With Yields Up To 21.04%

Popular Stories

FOR SALE: Downtown Springfield Office Building

Banking

Banks Report Lending Slows Among Corporate Borrowers

Trade Ledger Transforming Commercial Banking with Azure Open AI

Mountain America Credit Union Ranked Top Small Business Lender in US for 20 Consecutive Years

Editor’s Picks

Cross Bronx Plaza Remaining Interest Acquired By Ben Ashkenazy of Ashkenazy Acquisition Corporation, Business Wires News

Virginia Banker and Nebraska Attorney Receive Top Ag Banking Awards

BKREA Welcomes Genessy Jaramillo as New Land and Development Site Sales Specialist in NYC

NYC Real Estate Innovator Seth Samowitz Joins BKREA as COO

Banks expect to tighten loan standards for rest of 2023: Fed [Video]