The Chicago Bears have been forced to delay their plans for a new stadium after failing to secure state funding during the fall legislative session. Forbes reports that while the $3 billion stadium project planned in suburban Arlington Heights, Illinois, will be...
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. From the wild and wooly world of real estate, here are our Hits and Misses...
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
The real estate development firm Related Companies has been hired to construct a $7 billion data center outside of Detroit for the Stargate project venture between OpenAI and Oracle (NYSE: ORCL). The Wall Street Journal reports Related’s 250-acre campus in Saline...
