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Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your...
Despite soaring demand for artificial intelligence capacity, there are signs that the pipeline of data centers is slowing. While the development of data centers is still at record levels and is driving overall growth in U.S. construction, the number...
Investment firm Mavik Capital Management is looking to raise capital for a new distress fund. The New York-based firm seeks to raise 1B to acquire distressed commercial real estate assets, Bloomberg reported. The money will go into a new fund called...
Top leaders in commercial real estate finance aren’t exactly sanguine about the year ahead, but they are at least feeling less pessimistic, a new CRE Finance Council survey found.
Blue Owl Capital is launching a new venture that will develop, own and operate fiber networks in an effort to capitalize on the data center boom. Funds managed by Blue Owl announced the creation of Kirkwood Infrastructure Group to carry out the development...
More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...
Nearly a quarter century after the 9/11 terrorist attacks leveled the World Trade Center towers, work on the new campus’ final new office tower is underway.
It’s not just New York and California — the office market is getting healthier across the country.
Plans for Google's highly anticipated Thompson Center redevelopment are nearing completion, almost four years after the tech giant announced its intent to move into the iconic Central Loop building, with the company expected to occupy more than half of...
A retailer born on the internet more than two decades ago is continuing to expand its physical footprint.
