by Kipp Gillian | Jan 13, 2026 | Affordable Housing
De Soto is slated for completion in early 2028. Rendering courtesy of AC Martin A partnership between Meta Housing Corp. and general contractor R.D. Olson Construction has broken ground on De Soto, a $62 million affordable housing project in Los Angeles’ Woodland...
by Kipp Gillian | Jan 9, 2026 | Affordable Housing
“My leadership is grounded in empathy but also in expectation, because I know firsthand that those two together can change a person’s trajectory,” said Ciammaichella. Image courtesy of KTGY Lily Trinh Ciammaichella didn’t arrive at housing design by...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Vornado Realty Trust has acquired 3 E. 54th St., a demolition-ready office property situated on 18,400 square feet of land, for $141 million. The REIT acquired the mortgage on the property, formerly owned by Cohen Brothers Realty, in two transactions in 2024 and 2025;...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Top-line CMBS delinquency rates moved higher through 2025 and are expected to remain range-bound in 2026, as strong issuance continues to offset rising dollar volumes of delinquent loans, Trepp reported. Although the overall delinquency rate ended 2025 at 7.30%,...
by Kipp Gillian | Jan 8, 2026 | Distressed Assets
Lone Star Funds has acquired debt backed by a building previously owned by WeWork, positioning itself to take ownership of the San Francisco office tower through foreclosure. The San Francisco Business Times reported that a Lone...
