The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) are pausing their proposed $24.6 billion merger as federal and state lawsuits seek to block their union. The Wall Street Journal reports the supermarket giants agreed to a temporary injunction in a...
A historic New York City theater which has been vacant for nearly two decades may have a new lease on life via a coalition of Hollywood power players. IndieWire reports the Metro Theater in Manhattan’s Upper West Side is the subject of acquisition discussions led by...
Enid C. Pinkney, an educator who played a prominent role in preserving and restoring historic sites linked to the heritage of Miami’s Black population, passed away on July 18 at the age of 92. Born in Miami on Oct. 15, 1931, Pinkney graduated from Booker T. Washington...
La Rosa Holdings Corp. (NASDAQ: LRHC) has entered into a non-binding Letter of Intent to acquire the commercial real estate firm Celebration Corporate Center LLC. The acquisition will be transacted through the company’s wholly owned subsidiary, La Rosa Property...
The owners of Chicago’s United Center indoor arena announced plans for a $7 billion, 55-acre mixed-use campus around the property that will include housing, a 6,000-seat music hall, a park and pedestrian-friendly spaces. The Chicago Sun-Times reported the plan, dubbed...
The private equity real estate firm Prudent Growth Partners LLC has completed its $8 million purchase of the Village Shoppes of Destin, a 28,834-square-foot multi-tenant shopping center located in Destin, Florida. Built in 2007, the property is located within a retail...
HUD Updates 14 FHA Policies in Move to Improve Affordability
