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Chinese Company Forced to Divest Land Near Utah Military Bases

Chinese Company Forced to Divest Land Near Utah Military Bases

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...
Lawsuit Seeks to Stop Trump Takeover of Public Golf Course in Washington, DC

Lawsuit Seeks to Stop Trump Takeover of Public Golf Course in Washington, DC

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two golfers in Washington, DC, have filed a lawsuit to prevent the Trump administration from taking over a public golf course. Last month, the administration terminated the federal government’s lease agreement with the nonprofit National Links Trust (NLT) for three...
Connecticut Rejects Request for State Funds to Build New Soccer Stadium

Connecticut Rejects Request for State Funds to Build New Soccer Stadium

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Connecticut state government has formally declined to devote taxpayer funds for the construction of a minor league soccer stadium in Bridgeport, the state’s most populous city. CTInsider reports Economic Development Commissioner Daniel O’Keefe confirmed that state...
Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance

Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Wendy’s Co. (NASDAQ: WEN) is planning to close several hundred US restaurants after reporting a dismal fourth quarter financial performance. The Associated Press reports the Dublin, Ohio-headquartered company experienced a 10% year-over-year decline in its global...
Hits and Misses for the Real Estate Week of Feb. 9-13

Hits and Misses for the Real Estate Week of Feb. 9-13

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 9-13. Miss: A Problem, Not a...
Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
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