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Trump Vows Supreme Court Challenge to Prevent Seizure of His Properties

Trump Vows Supreme Court Challenge to Prevent Seizure of His Properties

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

Former President Donald Trump vowed to fight “all the way up to the U.S. Supreme Court if necessary” to prevent New York Attorney General Letitia James from seizing his commercial properties. In an interview with Fox News Digital, Trump stated his legal...
State Farm to Drop 72,000 Property Insurance Policies in California

State Farm to Drop 72,000 Property Insurance Policies in California

by Phil Hall | Mar 22, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

State Farm General Insurance Co. announced it will not be renewing 72,000 property insurance policies in California. In a statement on its website, the Bloomington, Illinois-headquartered carrier stated it “had to make some difficult but necessary decisions that will...
University of Rochester Creates New Position to Oversee Real Estate Portfolio

University of Rochester Creates New Position to Oversee Real Estate Portfolio

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

New York’s University of Rochester has created a new position to lead its real estate strategy. Andrea Tompkins Wright, an attorney and senior vice president of property management at Broadstone Net Lease Inc., was appointed the inaugural associate vice president for...
NY Attorney General Begins Process to Seize Trump’s Westchester Properties

NY Attorney General Begins Process to Seize Trump’s Westchester Properties

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

New York Attorney General Letitia James has filed judgments in what appears to be her first effort to seize properties belonging to former President Donald Trump. According to combined media reports, James’ office entered judgments on March 6 with the clerk’s office...
$475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project

$475 Million Financing Secured for 800,000-Square-Foot Burbank Office Project

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

The developer Worthe Real Estate Group and the real estate investment management firm Stockbridge announced the close of a $475 million fixed-rate securitized mortgage to finance Second Century, the recently completed 800,000-square-foot office project leased to...
DXL Big + Tall Taps Beta Agency for Retail Store Expansion

DXL Big + Tall Taps Beta Agency for Retail Store Expansion

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

Destination XL Group Inc. (Nasdaq: DXLG), a retailer specializing in men’s Big + Tall apparel, announced the strategic hiring of Beta Agency, a commercial real estate brokerage, to help grow the company’s footprint. DXL’s expansion plans includes the...
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