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Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development

Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development

by Phil Hall | Jul 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Airbnb (NASDAQ:ABNB) has announced the appointment of hotel industry executive Jim Alderman as head of residential development. Alderman was previously a principal with Alderman Advisory, a consulting firm that he confounded. Earlier in his career, he was CEO of...
Hits and Misses for the Real Estate Week of June 24-28

Hits and Misses for the Real Estate Week of June 24-28

by Phil Hall | Jun 28, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
Gildred Companies Roll Out Summer Internship Program

Gildred Companies Roll Out Summer Internship Program

by Phil Hall | Jun 28, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Gildred Companies, a San Diego-based commercial real estate developer and investment firm, has launched a new summer internship program. According to the company, the new program includes one position in accounting and one in property management, with the goal of...
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores

Walgreens Plans to Close a ‘Meaningful Percent’ of Stores

by Phil Hall | Jun 27, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The financially troubled Walgreens pharmacy chain is planning to close a substantial number of its U.S. stores over the next few years. In a Wall Street Journal interview, Walgreens Boots Alliance (NASDAQ:WBA) CEO Tim Wentworth said the company is reviewing roughly...
Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

by Phil Hall | Jun 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The efforts by the Chicago Bears to build a new stadium with the help of public funding has received a thumbs down in a new poll of Illinois voters, but the team is reportedly shifting gears to pursue a stadium in a Chicago suburb. A new survey commissioned by Crain’s...
Hyatt Adds Two Hotels to New Orleans Portfolio

Hyatt Adds Two Hotels to New Orleans Portfolio

by Phil Hall | Jun 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) is expanding its brand presence in New Orleans with the addition of two properties to its portfolio of affiliated hotels – the Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans). The properties...
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