A group of former executives from the cryptocurrency exchange Kraken has acquired majority ownership in Janover Inc. (NASDAQ: JNVR), a commercial real estate platform. The new leadership acquired 728,632 shares of common stock and all 10,000 outstanding shares of...
Variety Wholesalers, the discount retailer that acquired 219 stores from the bankrupt Big Lots chain, announced it will reopen nine Big Lots stores across six states on April 10. The reopened stores include three locations in Tennessee and single locations across...
A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
An unlikely speaker at a real estate conference, an unlikely subject for a new museum and unlikely behavior by a mortgage industry CEO. From the wild and wooly world of real estate, here are our Hits and Misses for the Week of March 31-April 4. Miss: A Blunder Down...
Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 35 basis points to 6.65% in March, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 198 basis points from 4.67%. Last month, the overall...
