Basis Industrial, a privately held and vertically integrated real estate owner and operator, has hired Morgan Clark as director of investor relations. In his new role, Clark will oversee and manage the operational and capital management activities associated with...
A major retailer shutting down stores, a federal regulator being pressed for transparency and living in a Mercedes-Benz (but not a car). From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 25 to March 1. Miss: No Miracle on...
The tumult surrounding commercial real estate lender New York Community Bancorp (NYSE:NYCB) became more severe with the resignation of CEO Thomas Cangemi and the announcement that its fourth quarter loss was amended to $2.7 billion, a tenfold increase from its...
The historic Third Baptist Church, one of the oldest Black churches in Washington, D.C., has been sold to the Church of the Advent, an Anglican congregation in the nation’s capital. Third Baptist’s congregation dates back to 1857 and its 1893 building was designed by...
Denver-based Healthpeak Properties Inc. (NYSE: PEAK) and Milwaukee-based Physicians Realty Trust (NYSE: DOC) have completed their all-stock merger of equals valued at approximately $21 billion. The combined company will operate under the name “Healthpeak Properties...
CBRE Tri-State Capital Markets Group announced the $7.5 million sale of a 13,000-square-foot development site located at 511-521 Newark St. in Hoboken, New Jersey. The site is part of the Southwest Hoboken Redevelopment Plan and is being presented for a potential...
Hits and Misses for the Real Estate Week of June 22-26
