Commercial Observer

Conventional wisdom has held for a while that maturing commercial real estate loans on the books of banks pose a major threat to the U.S. economy. That threat might be overblown, according to a new report. Also for today: C-PACE lending gains fans in Los Angeles. #CommercialRealEstate #RealEstate

Philadelphia-based law firm Cozen O'Connor has signed on for a 65,576-square-foot sublease at Brookfield Properties' 2001 M Street NW, about a mile northwest of the White House. Read more: https://lnkd.in/e3cg5XeR #CommercialRealEstate #RealEstate

5 Questions With Harvey Hernandez, Founder & CEO of Miami-Based Newgard Development Group Read the interview: https://lnkd.in/eqysGi-8 #CommercialRealEstate #RealEstate

The names chosen for Commercial Observer’s Top Young Professionals list this year are the ones who have already been through the fire. They are the ones who endured four years of uncertainty in a way that not all of their mentors and elders did. For those who kept their heads down and kept the faith, they have earned the right to belt out for all the world to hear: “I’m still here!”⁠ ⁠ 🔗 See who made this year's cut: https://lnkd.in/g26HssTU ⁠ ⁠#CommercialRealEstate #RealEstate #COYoungProfessionals

Novo Nordisk, maker of the drug Ozempic, has announced a $4.1 billion investment to expand its footprint in North Carolina. Read more: https://lnkd.in/eEjTzPcW #CommercialRealEstate #RealEstate

On September 18, our Healthcare and Construction Forum will kick off our Fall event schedule, convening industry leaders and innovators to explore the latest trends, challenges, and opportunities in the healthcare design and construction space. Save your seat today and register here: https://lnkd.in/e4vai3tW #CommercialRealEstate #RealEstate #COHealthcareConForum

Jersey Boy: A Day in the Life of Cushman & Wakefield’s Chuck Kohaut Read the story: https://lnkd.in/ghZ8vsh3 #CommercialRealEstate #

Ian Bruce Eichner’s Continuum Company has offered $141 million to buy an aging oceanfront condominium in Surfside, Fla., in the latest condo buyout attempt following the deadly collapse of the Champlain Towers South building three years ago. Read more: https://lnkd.in/ezqSgnmr #CommercialRealEstate #RealEstate

CBRE has added a new group to its apartment investment sales team. The new crew led by Rachel Parsons and Derrek Ostrzyzek will focus on the sale of apartment communities and multifamily development/equity raises throughout the region. Read more: https://lnkd.in/eRWCBRcj #CommercialRealEstate #RealEstate

Mitsui Fudosan America has won approval for 50-story downtown L.A. tower. Read more: https://lnkd.in/gN3ZJYHC #CommercialRealEstate #RealEstate