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Goldman Sachs Executive Joins ICG’s Real Estate Business

Goldman Sachs Executive Joins ICG’s Real Estate Business

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, WRE News Exclusive

The private equity investment firm Intermediate Capital Group (ICG) (OTCMKTS: ICGU) has announced the appointment of Greg Minson as global head of asset management within its real estate business. In his new role, Minson will be based in London and provide global...
Hits and Misses for the Real Estate Week of April 15-19

Hits and Misses for the Real Estate Week of April 15-19

by Phil Hall | Apr 19, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of troubling housing market data reports, a new wave of Texas residents and an unlikely KISS tribute. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 15-19. MISS: Going Down the Wrong Road? This week witnessed...
North Carolina Mobile Home Community Sells for $12.8 Million

North Carolina Mobile Home Community Sells for $12.8 Million

by Phil Hall | Apr 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the $12.8 million the sale of Cape Fear Village, a 183-lot mobile home property located in Fayetteville, North Carolina. Cape Fear Village opened in 2000 and spans 45.8 acres. The...
Utah’s Sundance Film Festival Seeks New Host Venue

Utah’s Sundance Film Festival Seeks New Host Venue

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

One of the most prestigious movie industry events is looking for a new host city. According to a Variety report, the Sundance Film Festival has launched a Request for Information (RIF) process for U.S. cities that would be interested in hosting the annual celebration...
Commercial Real Estate Foreclosures Up 117% From Last Year

Commercial Real Estate Foreclosures Up 117% From Last Year

by Phil Hall | Apr 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 625 commercial real estate foreclosures were recorded in March, according to new data from ATTOM. This is up 6% from February and up by 117% from March 2023. California had the highest number of commercial foreclosures last month at 187, up 8% from February...
Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

by Phil Hall | Apr 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage and risk management services firm, has acquired Metairie, Louisiana-based Fontenelle & Goodreau Insurance LLC, a provider of commercial property/casualty coverages specializing in large...
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