The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
Roughly 135 of New York City’s nearly 680 hotels are housing illegal immigrants, a loss of 16,532 hotel rooms, according to a report in the New York Times. This represents approximately one out of five hotels. The current level of lodging availability is 2,812 fewer...
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 20-24. Miss: Beyond Belief. The weirdest real...
Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, Florida, has promoted Bob Dake to a principal of the firm. Dake joined the firm in 2021 as chief operating officer (COO) of Sterling’s...
St. Louis-headquartered CUSCO has launched as a commercial real estate platform focused on connecting national retailers with rural America. According to the company, the platform will acquire and manage retail properties across in-demand rural markets while providing...
First National Realty Partners (FNRP), a private equity firm specializing in commercial real estate, announced its closing on Townes Crossing, a 105,731-square-foot shopping center in suburban Chicago. The Oswego, Illinois-based Townes Crossing is anchored by a...
House of Representatives Passed 21st Century ROAD to Housing Act
