News/Events
Jay Badame Joins Bravo Group Three Years After Termination From AECOM Tishman
Jay Badame is back in action three years after being forced out as president of AECOM Tishman, Commercial Observer has learned. The development executive who had a leading role in rebuilding the World Trade Center campus has started a new position as chief operating officer at architecture, engineering and construction management firm Bravo Group, where…
Commercial Real Estate Lenders Are Raising the Bar on AI Underwriting
Last month, MISMO, the real estate finance industry’s standards organization, launched two new AI governance certifications designed to give mortgage companies, lenders and asset managers a formal standard for evaluating automated systems. Built on the organization’s framework for responsible AI in the mortgage ecosystem, the certifications establish explicit benchmarks for risk oversight, decision-making influence and…
How Prologis Conquered The World
Prologis' rise in real estate showcases strategy, innovation and key acquisitions.
Shorenstein Acquires Preston Center Office Tower: The DFW Deal Sheet
Shorenstein acquires Sherry Lane Place, a key office tower in Dallas' Preston Center.
Longtime Altman Living Exec Tim Peterson Leaving Firm
Tim Peterson transitions to CIO at White Oak Development after more than 20 years at Altman Living.
Sponsored Content: The Opportunities, Limitations And Benefits Of Reserved Investor Funds
Discover the new reserved investor fund, a flexible onshore fund with diverse benefits, targeting affordable housing and investment growth.
Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet
Also this week, a joint venture buys Hamilton Square, an office-to-residential project gets a new partner, and a former Brookfield SVP starts his own law firm.
The Plan: 360 Lexington Avenue Has Been ‘Completely Reinvented’
If it’s been said once, it’s been said 1,000 times: Employees need a compelling reason to return to the office. At 360 Lexington Avenue, they are offered exactly that. Acquired by AmTrustRE for $65.5 million in 2024, the boutique office building at 360 Lexington Avenue has been “completely reinvented,” says Jonathan Bennett, president at AmTrustRE.…
Lisa Silverstein Leads Silverstein Properties at an Auspicious Time
Lisa Silverstein keeps a full calendar. The Silverstein Properties CEO and vice chairman sat down with Commercial Observer on the afternoon of July 7, just a few hours after the groundbreaking of the 2 million-square-foot 2 World Trade Center tower. That morning, Silverstein stood under a large event tent, posing with a ceremonial shovel and…
