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Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77

Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77

by Phil Hall | Jun 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Joe Jaeger, a prominent developer and hotelier in New Orleans, passed away at the age of 77 on June 23 from injuries sustained from a car crash last week. According to combined media reports, Jaeger would often describe himself as “just a plumber from the Ninth...
CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

by Phil Hall | Jun 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate brokerage and investment firm CBRE Group, Inc. (NYSE:CBRE) announced plans to combine its Project Management business with Turner & Townsend, its majority-owned subsidiary that provides program management, cost consultancy and project...
Hits and Misses for the Real Estate Week of June 17-21

Hits and Misses for the Real Estate Week of June 17-21

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disappointing housing and personal finance data reports, an unlikely business enjoying property tax breaks and a land transfer that rights a historic wrong. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 17-21. Miss:...
Kaiser Permanente Unit Acquires North Carolina Hospital System

Kaiser Permanente Unit Acquires North Carolina Hospital System

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the biggest healthcare property deals of the year is unfolding in the Tar Heel State as Risant Health, a nonprofit subsidiary of healthcare leader Kaiser Permanente, has acquired the North Carolina not-for-profit hospital system Cone Health. Cone Health was...
Healing Realty Trust Raises $25M in Series A Funding Round

Healing Realty Trust Raises $25M in Series A Funding Round

by Phil Hall | Jun 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Healing Realty Trust (HRT), a Jupiter, Florida-based real estate investment trust focused on healthcare-related properties in the mental, behavioral, and physical health sectors, has closed the first tranche of its $25 million Series A funding round. The company,...
CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

CBRE Acquires Data Center Infrastructure Provider Direct Line Global

by Phil Hall | Jun 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
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