News/Events
The Quantum Coast: Meet America’s Top New Tech Hub
Along the coast between Silicon Valley and Southern California, another major industry hub is forming for a new kind of technological innovation. Quantum computing utilizes quantum mechanics to vastly expand on traditional binary computing, solving devilishly complex problems exponentially quicker. And, while the technology is in its early stages, the science behind it is in…
Mavik Loans $229M in Construction Financing for Tempe Multifamily
Empire Group of Companies has secured $229 million in construction financing to build Revelry, a 533-unit, two-building multifamily complex near Arizona State University in Tempe, Ariz., Commercial Observer can first report. Mavik provided the debt, while WAY Capital’s Malcolm Davies and Kyle McDonough arranged the transaction. Dan Cooperman, head of investments at Mavik, said in…
Office CMBS Delinquency Rate at Highest Level This Decade
The office commercial mortgage-backed securities (CMBS) delinquency rate reached 13.2 percent in August 2026, the highest reading since at least 2019 and up from 8.1 percent in July 2024. That is roughly 1.6 times the 8.2 percent rate across all property types. The office figure includes performing matured loans. Excluding those, office delinquency stands at…
Marco Caffuzzi of Latham & Watkins: 5 Questions
Three decades of negotiating high-profile real estate deals will teach you how to spot a good opportunity, and Marco Caffuzzi found his at Latham & Watkins. This year, the veteran real estate attorney ended his 30-year tenure at Skadden, Arps, Slate, Meagher & Flom to join Latham’s New York real estate practice as a partner.…
Higher Forever: How Surging Treasury Yields Are Impacting Commercial Real Estate
As Green Day once sang, “Wake me up when September ends.” Considering what happened to key borrowing rates recently, that might be good advice for commercial real estate folks. On Sept. 23, yields on the 10-Year Treasury and 30-Year Treasury reached their highest levels in 19 years, with the 10-Year hitting 5.1 percent and the…
In Construction Lending, It’s a Good Time to Be the Right Borrower
ew U.S. residential construction declined in August in one of the weakest monthly performances since the pandemic, with housing starts overall down 2.6 percent and multifamily starts plummeting nearly 22 percent, according to First American Financial Corporation data Housing completions, meanwhile, dropped nearly 12 percent, reaching what Bloomberg described as “the slowest pace since the…
More Developments Getting Mothballed Because Of Spiking Costs
High diesel and material costs halt many commercial projects and strain budgets.
Data Center Industry Touts Power Flexibility As Key Solution, But Some Developers Are Trying To Avoid It
Flexible-load data centers are being touted as a solution to the power crunch, but data center developers are skeptical about mandating the practice.
LA's Strongest Submarkets Offer Rare Stability Amid Splintered Office Recovery
In LA's fragmented office market, the region's uneven recovery means there are valuable pockets of office real estate.
