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14,500-Seat NWSL Stadium Announced for Denver

14,500-Seat NWSL Stadium Announced for Denver

by Phil Hall | Mar 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Plans were unveiled today for a 14,500-seat stadium that will host Denver’s new NWSL franchise. ESPN reports the stadium will be based at the city’s Sante Fe Yards, adjacent to the Broadway Light Rail station, and the development will include a 3.5-acre park and a...
Retailer Forever 21 Files for Bankruptcy

Retailer Forever 21 Files for Bankruptcy

by Phil Hall | Mar 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

F21 OpCo LLC, the operator and licensee of the Forever 21 stores in the US, announced on Sunday that it was filing for Chapter 11 bankruptcy. F21 OpCo is responsible for 350 US-based Forever 21 stores. The company stated that its retail locations and website will...
Voice of America Parent Agency Cancels Lease on New DC Headquarters

Voice of America Parent Agency Cancels Lease on New DC Headquarters

by Phil Hall | Mar 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Agency for Global Media (USAGM), the parent agency for Voice of America, Radio Free Europe/Radio Liberty and Radio Free Asia, is cancelling its 15-year lease on its Washington, DC-based headquarters as the Trump administration plans to eliminate the agency. In...
Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium

Tampa Bay Rays Drop Effort to Develop New $1.3 Billion Stadium

by Phil Hall | Mar 13, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The melodrama surrounding the Tampa Bay Rays’ plans for a new stadium took another turn with the team announcing it will not continue the development of a new $1.3 billion, 30,000-seat venue in St. Petersburg, Florida. ESPN reports the team cited the expensive delays...
Don King Punched with $5.35 Million Foreclosure Lawsuit

Don King Punched with $5.35 Million Foreclosure Lawsuit

by Phil Hall | Mar 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The iconic and often controversial boxing promoter Don King was named in a $5.35 million foreclosure lawsuit over his headquarters complex in Deerfield Beach, Florida. According to combined media reports, the lawsuit was filed last week by Blueprint 501LLC, affiliate...
Franklin BSP Realty Trust Acquires NewPoint Holdings

Franklin BSP Realty Trust Acquires NewPoint Holdings

by Phil Hall | Mar 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
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