New York City’s Empire State Building has opened the Empire Lounge, encompassing 10,000 square feet of new tenant amenities. Located on the building’s Club Level, the Empire Lounge 17.5-foot vaulted ceilings, a variety of seating areas in tables, banquettes, and...
A Phil Hall Op-Ed: Last week, a pair of football teams were in the news for trying to lure taxpayer funding for their respective efforts to construct new domed stadiums. Earlier this year, the Chicago Bears raised the specter of a new $4.6 billion domed stadium, with...
Farmland Partners Inc. (NYSE: FPI), an internally managed real estate company focused on North American agricultural property, announced the $289 million sale of a portfolio to Farmland Reserve Inc., a nonprofit organization owned by The Church of Jesus Christ of...
Tishman Speyer has secured a $3.5 billion commercial mortgage-backed securities (CMBS) loan to refinance Rockefeller Center. The loan is said to be the largest issuance ever for a single office asset – in this case, the 13-building, 7.3 million-square-foot campus in...
The commercial real estate finance and advisory services firm Walker & Dunlop (NYSE: WD) has expanded into hospitality investment sales with the addition of Jonathan (Jay) Morrow as senior managing director. Morrow specializes in institutional-grade hotel and...
The oldest church in Selma, Alabama, has sued its denomination in an attempt to maintain control of the property. AL.com reported the 185-year-old Church Street Methodist Church filed its lawsuit in Dallas County Circuit Court, claiming it never agreed to the “trust...
