Month: September 2023

Decline in Office Values Outpaces Great Recession

Blackstone-Owned New York Office Building Goes Up for Sale, Silver Star To Sell Properties Tied to Loan A Weekly Look at the Commercial Mortgage-Backed Securities Business By Mark Heschmeyer and Nicole Shih CoStar News September 21, 2023 | 9:19 AM Decline in Office Values Outpaces Great Recession: The values of office properties financed by troubled loans in commercial mortgage-backed […]

Property Executive Looks To Turn Recreational Vehicle Demand Into REIT Storage Powerhouse

Former CyrusOne CEO Gary Wojtaszek Plans To Deploy Billions on RV and Boat Facilities RecNation is expanding its portfolio of storage properties for recreational vehicles and boats across the country. (RecNation) By Candace Carlisle CoStar News September 13, 2023 | 2:39 P.M. Gary Wojtaszek came out of retirement to accomplish something he has done before: Grow […]

CEO Exits As Drugstore Giant Walgreens Trims Store Footprint Across US and UK

Company Views Healthcare Services, Not General Merchandise Sales, As Its Growth Driver Walgreens has nearly 9,000 stores in the United States, including this one in South Carolina (CoStar) By Linda Moss CoStar News September 1, 2023 | 4:22 P.M. A change in leadership for global drugstore giant Walgreens Boots Alliance is part of a pivot by a streamlining […]

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