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CommercialFinanceINDUSTRY news

Peninsula Land & Capital Identified as Potential Buyer for Wells Fargo’s 355,000 SQFT San Francisco Tower

By Kate Snyder Almost two decades after acquiring the asset, Wells Fargo has found a buyer for a San Francisco tower that has...

Goldman Sachs, Trepp, Seattle, Portland, San Francisco, San Jose, Oakland, Los Angeles, Orange County, San Diego
CommercialFeaturedFinanceINDUSTRY news

Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses

By The Registry Staff JP Morgan Chase (JPM.N) and Wells Fargo (WFC.N) announced on Friday that they have increased their provisions for potential...

FinanceIndustrialINDUSTRY newsNews Releases

Prologis to Acquire Nearly 14MM SQFT of Industrial Properties from Blackstone in $3.1B Deal

SAN FRANCISCO and NEW YORK — Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire...

AECINDUSTRY newsNews ReleasesResidential

Eden Housing Celebrates Grand Opening of 46-Unit Affordable Housing Community in San Jose

Mesa Terrace will provide affordable housing for Transition-Aged Youth, seniors, and families On June 14, Eden Housing and the City of San Jose...

CommercialFeaturedFinanceINDUSTRY news

US Lenders Ready for Possible Losses in Portfolios, Prepare to Offload CRE Loans, Even Performing Ones

By The Registry Staff Certain US banks are preparing to sell loans tied to real estate assets at a discounted price, even when...

CommercialFinanceINDUSTRY newsRetail

Ethan Conrad Properties Buys Two Sacramento Properties in Separate Deals for $14.8MM

By Kate Snyder Two Sacramento properties recently traded hands in a deal that shows the region continues to draw attention from investors. Both...

S&P 500 Banks Index, S&P 500 Index, Wells Fargo, Blackstone, Cherry Lane Investments, Morgan Stanley, Bank of America, Goldman Sachs, JPMorgan Chase & Co., Citigroup, KeyCorp, Zions, Citizens Financial
CommercialFeaturedFinanceINDUSTRY news

Concerns Over Commercial Real Estate Loans Weigh on US Bank Stocks, Amidst Broader Market Decline

By The Registry Staff On Wednesday, shares of large and mid-sized US banks experienced a notable underperformance compared to the broader market, according...

Blackstone, Wells Fargo, PGIM, California State Teachers' Retirement System, CalSTRS, Bank of America
CommercialFeaturedFinanceHospitalityIndustrialINDUSTRY news

US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences

By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...

AECCommercialINDUSTRY news

Jamestown Exploring Options for 300,000 SQFT Concord Property

By The Registry Staff Jamestown Properties is mulling over the possibilities for a sprawling 300,000-square-foot office building in Concord, which has been left...

CommercialFinanceINDUSTRY news

WealthCap Management Sells 55,956 SQFT Mountain View Office Building at Loss for $36MM

By Kate Snyder In a worrying sign for the office market in Mountain View, a three-story commercial building traded hands for almost 50...

CommercialFinanceINDUSTRY news

Sobrato Closes on $82.5MM Purchase of 160,000 SQFT 1 Harrison in San Francisco

By Kate Snyder In of the first meaningful commercial real estate transactions to be completed in San Francisco, Mountain View-based Sobrato Organization has...

CommercialFeaturedFinanceINDUSTRY newsResidential

Carmel Partners & Affiliates Make Massive Apartment Portfolio Acquisition in Daly City Valued over $1.3B

By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The...

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