Dees C. Stribling

1 day ago | multihousingnews.com | Dees C. Stribling

Image by Papisut/stock.adobe.comMultifamily software platform 100 has launched 100x, an initiative whose goal is to inform the industry about fraud directed at landlords, and encourage stakeholders to take further steps to fight it. Participants in the initiative include identity verification and fintech executives, as well as multifamily operators and owners.

3 days ago | commercialsearch.com | Dees C. Stribling

By Dees Stribling June 4, 2025 Data CentersColumbusDevelopmentFinanceMidwestNews Nearly half of the total will go toward building a 1.5 million-square-foot campus. At full build-out, Vantage’s OH1 will comprise three data centers totaling 1.5 million square feet. Image courtesy of Vantage Data Centers Vantage Data Centers has received $5 billion in financing to further its expansion in the sector. Some $2.25 billion will fund the development of the firm’s campus in New Albany, Ohio, while the...

4 days ago | commercialsearch.com | Dees C. Stribling

By Dees Stribling June 2, 2025 InvestmentNationalNews The timing is right since a massive wealth transfer is in the offing between generations in the U.S. Nuveen has launched a 1031 real estate exchange platform that will offer property sellers the opportunity to convert proceeds from a sale into an ownership interest in an UPREIT. The maneuver thereby realizes the tax advantages of a 1031 exchange without the search for a compatible investment property. 333 W. Wacker Drive in Chicago,...

1 week ago | multihousingnews.com | Dees C. Stribling

Image by Dilok Klaisataporn/iStockphoto.comAt the beginning of 2025, multifamily investment was set up for another strong year, with investors more interested in assets across a wider range of markets than than at any point since the rate hikes began in 2022. Early trends this year bore out that expectation. In the first quarter, multifamily investment sales jumped 33 percent year-over-year to $28.8 billion, the highest volume for the quarter in three years, according to CBRE.

1 week ago | commercialsearch.com | Dees C. Stribling

By Dees Stribling May 29, 2025 OfficeFeaturedFinanceInvestmentKansas CityMidwestNews When an underlying loan for a 20-building campus was sold at discount, the riskiest portion was completely wiped out. In the latest loss to bedevil buyers of CMBS backed by a single commercial mortgage, investor Lord Abbett & Co. lost about $65 million when the loan associated with an office property was sold at a sizable discount to its face value. The loan was linked to an office campus in suburban Kansas...