Commercial Real Estate

Cushman & Wakefield published its 2024 Sustainability Report, highlighting progress in integrating responsible practices. Key achievements include exceeding emissions reduction targets six years early (50% reduction from 2019) and sourcing 87% corporate electricity from renewables. The report also details social initiatives like the DRIVE cultural program, positioning sustainability as a core business strategy.

Eastern Bank has appointed Joseph Rodolfy as Senior Vice President, Commercial Real Estate Relationship Manager. Rodolfy, with over 13 years of experience, will help expand the Bank’s commercial real estate services. His experience includes roles at Cambridge Savings Bank and TD Bank. Eastern Bank, founded in 1818, offers various commercial financing solutions. Rodolfy expressed enthusiasm for contributing to Eastern Bank’s success, focusing on regional growth within Massachusetts, New Hampshire, and beyond.

ACRES Commercial Realty Corp. announced cash dividends for its preferred stock, signaling confidence in the market. Series C shareholders will receive $0.6379156 per share, with a variable rate tied to Term SOFR, while Series D shareholders will receive $0.4921875 per share. Both dividends are payable July 30, 2025, to shareholders of record as of July 1, 2025. ACRES focuses on commercial real estate lending and investment.