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linkhttp://costar.com calendar_today16-05-2019 16:10:34

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Paper and consumer products giant Georgia-Pacific plans to transform its 51-story downtown Atlanta headquarters to include more than 400 rental units and 125,000 square feet of retail, restaurant and entertainment space. costar.com/article/124386…

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For some of the largest office REITs, the Fed's rate cuts mean more firms "will be able to go on the offensive," said Kevin Shannon, Newmark's co-head of U.S. capital markets, marking a turnaround after years of holding off on acquisitions. costar.com/article/823043…

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A 31,234-square-foot residence in a Dallas suburb featuring a state-of-the-art, soundproof recording studio, a bowling alley, and an expansive backyard with artificial turf sufficient for a helicopter pad has hit the market for $27.5 million. costar.com/article/100758…

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This week, CoStar News gathered at CoStar Group's D.C. office to strategize on how to better serve our readers and improve coverage of the commercial real estate market. Stay tuned for updates at CoStar.com.

This week, CoStar News gathered at <a href="/CoStarGroup/">CoStar Group</a>'s D.C. office to strategize on how to better serve our readers and improve coverage of the commercial real estate market.

Stay tuned for updates at CoStar.com.
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Montreal authorities are considering a ban on basement apartments and condos in newly built homes in certain areas following the damage from Hurricane Debby, which caused an estimated $2.5 billion in property losses in Quebec. costar.com/article/181474…

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Sales of single-family homes, condos, and cooperatives dipped 2.5% from the previous month, with the seasonally adjusted annual rate of existing homes sold at 3.86 million in August, the lowest for that month since 2010. costar.com/article/142613…

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As of Thursday afternoon, daily mortgage rates saw an increase, with the 30-year fixed-rate mortgage at 6.15% and the 15-year fixed-rate at 5.65%. For a $250,000 mortgage, this translates to a monthly payment of approximately $1,523. costar.com/article/181350…

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After institutional investors bought up billions in commercial property loans from failed Signature Bank in 2023, a $490 million bundle of them is being readied for a commercial mortgage bond offering. costar.com/article/198750…

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Almost six years after buying a condominium building in Chicago’s Gold Coast and converting it to 250 apartments, a New York-based investor has sold it at far less than what was spent. costar.com/article/726600…

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After two years of high borrowing costs, the Federal Reserve is expected to announce a rate cut Wednesday—a move that could save homeowners hundreds of dollars a month. However, industry professionals say it won’t fix the housing market. costar.com/article/195186…

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Behring Cos., an East Bay-based luxury apartment developer, closed a deal with Kaiser Permanente to acquire the health care giant's Oakland, California, #office tower, along with a neighboring parking garage, for $14.4 million. costar.com/article/957658…

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IBM's new #Manhattan office, featuring a 25,000-square-foot outdoor terrace stretching the entire block between Madison and Park avenues with more than 3,000 plants, is the latest example of employers trying to attract talent back to the office. costar.com/article/166540…

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T-Mobile has renewed its approximately 100,000-square-foot #office lease at CP Group's One Ravinia building, marking another significant lease renewal by a major corporate tenant. costar.com/article/534597…

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After 12 years on the market, #MichaelJordan’s 56,000-square-foot Highland Park mansion, listed at $14.85 million, has found a buyer and features luxury amenities like a basketball court, trophy room, and infinity pool. costar.com/article/114365…

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Homebuilder sentiment that sagged in recent months has rebounded on the strength of lower mortgage rates, but the housing market still faces challenges, a trade group said. costar.com/article/212130…

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The commercial real estate industry was knocked down at the start of the COVID-19 pandemic, and the Fed's half-percentage-point cut will help us get back on track to achieve the growth the industry needs, said Susan Gwin Burks of Avison Young. costar.com/article/862850…

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Architects issued renderings for a proposed $1.3 billion renovation of the Cincinnati Cincinnati Bengals’ Paycor Stadium that includes new outdoor spaces for fans but lacks some of the commercial development at other new NFL stadium projects. costar.com/article/189170…

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Macy’s is selling two of its stores at a troubled Georgia mall for $16.5 million, advancing its goal of shedding real estate and paving the way for the redevelopment of the once-bustling #retail center. costar.com/article/136667…