Newmark Group Inc. (NASDAQ: NMRK) announced that CEO Barry Gosin will step down on Dec. 31. He will continue as chairman of Newmark & Company Real Estate Inc., Newmark’s operating company, up to 2029. Gosin has been CEO since 1979. In a press statement, the...
Ridgmar Mall, a 50-year-old retail center in Fort Worth, Texas, is being redeveloped into a six‑building, 930,960‑square‑foot logistics hub. CBS News reports that Ramrock Real Estate purchased the property for an undisclosed sum and is partnering with KBC Advisors and...
Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...
Dutch Bros Inc. (NYSE: BROS), the quick-service beverage chain, is acquiring the real estate and related site assets of up to 65 Salad and Go locations across Arizona, Nevada, Oklahoma, and Texas. Salad and Go opened in 2013 in Gilbert, Arizona. The company announced...
The US General Services Administration (GSA) is seeking an entity to take over the historic Light Station Boston, commonly known as Boston Light. Located on Little Brewster Island in Boston Harbor, the 310-year-old property is listed on the National Register of...
Texas Gov. Greg Abbott has issued an order that requires the Public Utility Commission of Texas (PUCT) and the Electric Reliability Council of Texas (ERCOT) to audit all data centers advancing through ERCOT’s interconnection process before they can become operational....