Downtown L.A. office vacancy above 20% as firms build a housing-lending case
A ULI advisory panel took up downtown's three challenges in mid-September as D2 Asset Management and G4 Capital Partners write residential loans.
DRA Advisors takes 49% of 1301 Avenue of the Americas in Rithm joint venture
Sources close to the deal value the fully leased Midtown tower at $1.3 billion; Rithm keeps 51 percent and the operating mandate through Elecor Properties.
Insurance lenders' CRE loan-to-value rises fastest as data-center exposure deepens
MSCI puts carriers at 62.7% loan-to-value in the first half of 2026, below the 65.9% market average but up 2.5 points, the largest increase of any lender group.
Manhattan office availability falls to 2020 low as leasing tops 10-year average
Third-quarter leasing ran 19.2 percent above its 10-year average and available space hit the lowest level since 2020, while the 10-Year Treasury held at a 19-year high.
Nearly a dozen states pause or roll back data center tax incentives
Developers and hyperscalers are preparing to build without the breaks that have shaped where projects land, according to Bisnow.