Kristi Noem is the Governor of South Dakota. This article is adapted and edited from testimony delivered before a recent hearing held by the U.S. House of Representatives’ Committee on Agriculture. I come before you today as the 33rd Governor of South Dakota. My...
The annual street rate growth in the self-storage real estate sector remained negative in February, according to new data report from Yardi Matrix. Last month, the average annualized same-store asking rent per square foot for combined mix of unit sizes reached an...
An analysis of approximately 4,000 banks by the consultancy Klaros Group has determined that 282 of these institutions carry high levels of commercial real estate exposure and large unrealized losses from the Federal Reserve’s rate hikes. According to a CNBC report,...
Adam Neumann, the co-founder and former CEO of the bankrupt WeWork Inc. (OTCMKTS: WEWKQ), submitted an offer to acquire the co-working company for more than $500 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the matter,”...
Former President Donald Trump scored a legal victory this morning when a New York appeals court issued a 10-day pause on the civil fraud judgment against him and slashed the $454 million bond amount he was required to produce to $175 million. The ruling from the...
The Philadelphia-based EQT Exeter Real Estate Income Trust Inc. (EQRT) announced its first acquisition with the $60.9 million purchase of an industrial property in Georgetown, Texas. The 449,642 square-foot property is fully occupied by GAF Energy LLC, a producer of...
Illinois Home Sales and Inventory Decline While Median Price Rises
