The retailer Hudson’s Bay, Canada’s oldest continuously operating company, is winding down its six remaining namesake stores plus a Saks Fifth Avenue that were not included in its liquidation plans. Retail Dive reports the company declared that “a viable bid for the...
Homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 21-25. Miss: Post-Purchase Depression. A...
A familiar figure in DIY home repair television programming is going off camera to begin a new career as a realtor. Entertainment Now reports that Clint Harp, the former carpenter on HGTV’s “Fixer Upper” and the star of his own show “Restoration Road” on Magnolia...
New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
Stonepeak, a New York city-based alternative investment firm specializing in infrastructure and real assets, has rolled out Montera Infrastructure, a North American hyperscale-focused data center development company. Working with a $1.5 billion equity commitment,...