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Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium

Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium

by Phil Hall | Nov 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears are still trying to find a location for their proposed domed stadium and are now reportedly taking a second look at a site in Bronzeville, a predominantly Black community in the city. The Chicago Sun-Times cited unnamed sources in reporting the team...
NYC’s Iconic Friars Club Going to Foreclosure Auction

NYC’s Iconic Friars Club Going to Foreclosure Auction

by Phil Hall | Nov 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Jim Henson Studio Lot Sold to John Mayer and McG

Jim Henson Studio Lot Sold to John Mayer and McG

by Phil Hall | Nov 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. The Hollywood Reporter announced the sale, although the purchase price was not disclosed. Nor is it certain how Mayer and McG...
UK’s Curzon Cinema Chain Sold in Foreclosure Auction

UK’s Curzon Cinema Chain Sold in Foreclosure Auction

by Phil Hall | Nov 12, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fortress Investment Group LLC, a global investment manager, has acquired the UK’s Curzon cinema chain. The company operates 16 cinemas and 46 total screens, along with the film distributor Curzon Film and the Curzon Home Cinema streaming service. The financial terms...
Hits and Misses for the Real Estate Week of Nov. 4-8

Hits and Misses for the Real Estate Week of Nov. 4-8

by Phil Hall | Nov 8, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The aftershocks of the election, a new fight against property taxes and a tribute to an inspirational executive. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 4-8. Hit: The Indestructible Man. It is impossible to...
Real Estate Investment Firm Lionstone to Shut Down

Real Estate Investment Firm Lionstone to Shut Down

by Phil Hall | Nov 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ameriprise Financial Inc. (NYSE: AMP) announced it will begin to shut down operations for Lionstone Investments, its US real estate investment subsidiary, and exit this business. “The company is fully supporting Lionstone’s clients as it transitions their assets in an...
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