420 Property, an online marketplace featuring cannabis real estate listings, announced its relaunch in Canada and a new launch in Germany. According to the Sacramento-headquartered company, its expansion into Canada builds upon the country’s established legal...
The Detroit-headquartered law firm Honigman LLP has recruited Corey Levin as a partner in its real estate services practice group. Levin will serve U.S. and international clients in his practice, which will focus on economic and real estate development incentives,...
The Walt Disney Co.’s (NYSE:DIS) CEO Bob Iger stated the entertainment giant’s future could involve development of its vast real estate holdings. Speaking today at the Morgan Stanley Technology, Media and Telecom Conference, Iger highlighted the company’s...
Whole Foods Market, a subsidiary of Amazon Inc. (NASDAQ:AMZN), is expanding its retail real estate presence through a new, quick-shop store format aimed at urban neighborhoods. The new format, called Whole Foods Market Daily Shop, will be introduced later this year in...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 5 basis points to 4.71% in February, according to data from Trepp Inc. One year ago, the U.S. CMBS delinquency rate was 3.12% – a 159 basis points difference. Last month’s uptick was mostly...
The tumult surrounding New York Community Bancorp (NYSE:NYCB) became more severe with two ratings agencies cutting its credit grade. Bloomberg reported Fitch Ratings lowered the bank’s long-term issuer default rating from BBB-to BB+, which is one level below...
Hits and Misses for the Real Estate Week of June 22-26
