Peachtree Group, an Atlanta-headquartered investment management firm, has launched a restaurant management division. The new division will be led by Daniel Puglisi, senior vice president of corporate operations for hospitality management, and will focus on operating...
New York City-based Global Net Lease Inc. (NYSE: GNL), a real estate investment trust focused on income producing net lease assets, continued its strategic disposition plan with the sales of The Plant Shopping Center in San Jose, California, for $95 million and the...
The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point in August to reach a level of 5.44%, according to new data from Trepp Inc. But unlike in many previous months when the office sector was responsible for driving up the...
Plans to open a soccer stadium in Connecticut’s most populous city has been delayed for at least a year as funding for the project continues to be sought. The CT Mirror reported the soccer stadium project in Bridgeport is being spearheaded by tech millionaire André...
Eagle Bancorp Inc. (NASDAQ: EGBN), the Bethesda, Maryland-based holding company of EagleBank, has hired Evelyn Lee as the bank’s chief lending officer for commercial and industrial (C&I) lending. Lee begins her new job on Sept. 19 and will oversee all lending...
The California state government’s unique housing policy priorities, a Venezuelan crime gang’s Colorado presence and the debate over Fed rate cuts – from the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 26-29. Miss: California...