AUCTION ALERT:

-345k sq ft office building in Baltimore

-Starting bid of $1.5M or ~$4 per sq ft

-68% vacant

You can officially buy office towers for less than a small condo in many cities around the US

For the latest updates on commercial real estate just like this, make…

AUCTION ALERT:

-345k sq ft office building in Baltimore

-Starting bid of $1.5M or ~$4 per sq ft

-68% vacant

You can officially buy office towers for less than a small condo in many cities around the US

For the latest updates on commercial real estate just like this, make…

JUST IN: The 1.4 million square feet AT&T Tower sold for $3.55M or ~$2.50 per SF

Here's the shocking historical transaction summary of the 44 story tower:

2006: $205M
2022: $4M
2024: $3.55M

This building highlights the risks involved in real estate - don't let anyone tell you…

BREAKING: The iconic 1.4M sq ft AT&T Tower in St Louis has JUST sold

The long vacant building last sold in 2022 for a shocking $4M or <$3 per sq ft

Last yr, the owner attempted to sell the building w/ a starting bid of $2.5M or <$2 per sq ft but there were no buyers

For…

JUST IN: A site in NYC one block away from the World Trade Center just sold for approx half the price it sold for 5 yrs ago

The development site at 112 Liberty Street sold for $21.7M

The Seller acquired the property for $38.5M in 2018 which at the time was a 5 story building…

Chick Fil A just announced that their 2023 avg sales per restaurant was a STAGGERING $9.3M

Why do you think Chick Fil A is killing the competition?

Fast Food Avg Sales Per Restaurant (2022)

Raising Canes: $5.4m
Shake Shack: $3.8m
Whataburger: $3.7m
McDonalds: $3.6m…

JUST IN: An iconic Cleveland skyscraper has been sold at a massive ~70% 'discount' to what it last sold for 5 yrs ago

The 1.26M sq ft tower located at 200 Public Square sold for $54M, or $43 per sq ft

The tower last sold for $187M in 2018

The commercial RE office meltdown for…

JUST IN: A 117K sq ft building in San Francisco is up for sale and sources say it's being 'marketed' at a massive 80% discount

The owner ASB RE Investments acquired 989 Market for $61M in 2014

ASB is asking around $12M, or $100 per sq ft, according a source close to the SF…

JUST IN: Bondholders have lost a massive $155M on the sale of NJ’s 3rd biggest mall, Woodbridge Center

The 1.7M sq ft mall sold for $70M, or ~$42 a sq ft

The mall was appraised at $366M when the Seller - Brookfield - acquired the mall

Brookfield owned the mall since 2014 but…

JUST IN: Blackstone just sold an office building in Seoul, South Korea for $586M or a massive ~$860 per SF

They reportedly sold at a 30%+ premium to their 2016 acquisition price

Seoul's office vacancy is ~2% (lowest in the world) while some cities in the US like SF and…

JUST IN: JP Morgan sells a Chicago apartment complex at a massive $80M loss

The 19 story apartment building at 850 N Lake Shore Dr sold for $80M, 43% less than the property's previous sale

JP Morgan paid $140M in 2016 for the 198 unit building, which was an all-time high in…

BREAKING: Ares Sells Denver Office Mortgage for ‘Land Value’

While the exact price has not been disclosed, the buyer stated they acquired it at a price approaching land value

The 437k sq ft building at 410 17th St sold for $127M in 2019

In downtown Denver, a shocking 37%+ of…

JUST IN: Another Washington DC office building has just sold at a massive ~75% discount to what it last sold for

The 175k sq ft tower at 1101 Vermont Ave sold for $16M

The building last sold for $60M in 2006

The assessment value in 2018 was $72M in 2018

Washington DC has…

BREAKING: Barry Sternlicht's Starwood Capital surrenders 3 buildings in Oakland just 5 yrs after acquiring them

Starwood defaulted on $365M in loans (from Deutsche Bank) tied to the properties w/ a combined footprint of ~1M sq ft

They acquired the buildings for $494M in 2019…

JUST IN: A 9 building office campus in St Louis just sold at a massive 70% discount to what it last sold for in 2015

The 984k sq ft complex sold for $41.5M or about $42 per sq ft

The seller purchased the buildings for ~$140M just 9 yrs earlier

For the latest updates on…

JUST IN: Another trophy office tower in downtown Los Angeles is being sold at a massive 'discount'

The 1M sq ft skyscraper is being sold for $145M which is a shocking 50% below the building's debt

The seller, Brookfield, had an outstanding loan balance of $319M last yr which…

JUST IN: Blackstone affiliate takes a huge loss on a 221k sq ft building in Boston

179 Lincoln St in downtown Boston sold for $10 w/ the buyer assuming $76.5M in mortgage debt

The property last traded for $155.7M in January 2020 w/ the former owner spending millions to renovate…

Dave's Hot Chicken is one of the fastest growing fast food chains in the US and has one of the most insane origin/growth stories:

- Founded by 4 struggling/broke childhood friends in their 20s who scraped together $900

- Started w/ 1 small pop-up stand in 2017, growing to 100+…