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DivcoWest & Blackstone Expand Hawaii Footprint with $2.3 Billion Alexander & Baldwin Acquisition

The San Francisco real estate firm joins forces with Blackstone and MW Group to take Hawaii’s largest grocery-anchored shopping center owner private DivcoWest...

Aerial view of downtown Mountain View in California
AECINDUSTRY newsResidential

Griggs Resource Group’s Office Conversion Plan Targets 195-Unit Housing Development in Mountain View

Griggs Resource Group seeks to transform 156,600-square-foot foreclosed property in East Whisman neighborhood California developers are increasingly looking at distressed office properties as...

AECCommercialFeaturedFinanceINDUSTRY newsResidential

Office Buildings Get Second Life as Housing Across Northern California

Developers bet on residential conversions as remote work reshapes commercial real estate landscape Three California office properties are being transformed into housing as...

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CommercialFeaturedFinanceINDUSTRY news

UBS to Liquidate $2 Billion Real Estate Fund Amidst Office Market Downturn

In a significant move reflecting the ongoing challenges in the commercial real estate sector, UBS announced on August 15, 2024, that it would...

alex-lesik-JvO-jLKoanY-unsplash-office downtown
CommercialFeaturedFinanceINDUSTRY news

Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio

In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend....

CommercialFinanceINDUSTRY news

Two Mountain View Buildings Totaling 152,000 SQFT Returned to Blackstone Mortgage Trust

By The Registry Staff Commercial properties in the Bay Area continue to experience financial difficulties. Two office assets in Mountain View were taken...

AECCommercialFinanceINDUSTRY news

Shorenstein Makes Big Buy, Pays $235MM for San Jose Tech Hub

By Meghan Hall The future of the office may be unclear, but major investors are betting big on Bay Area assets. In a...

INDUSTRY newsNews Releases

LaSalle Hotel Properties to Be Acquired by Blackstone for $33.50 Per Share in $4.8 Billion Transaction

(EDITOR’S NOTE: The REIT has six hotels in the San Francisco market and one in Portland, according to its website. These are the...

INDUSTRY newsNews Releases

NKF Capital Markets Arranges Approximately $200MM Loan from Blackstone for the Acquisition of Brocade’s Campus in San Jose

(EDITOR’S NOTE: This property sold for $225.5 million, and the buyer was Menlo Park-based Lane Partners. The seller of the property, which includes...

News Releases

Blackstone Mortgage Trust and Walker & Dunlop Announce Multifamily Bridge Lending Exclusive Joint Venture

New York, NY – April 24, 2017. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) and Walker & Dunlop, Inc. (NYSE: WD) today announced that...

News Releases

Hunter Advises on Sale of 15-Hotel Portfolio Between Pinnacle Hotel Management and the Blackstone Group

ATLANTA — Hunter Hotel Advisors announced today that it represented Pinnacle Hotel Management (PHM) in the sale of a 15-hotel, select-service portfolio comprised...

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