Development is underway on a new mixed-use property in central Connecticut that will encompass retail, lodging and a master-planned community. The Hartford Courant reported the new Cheshire Crossing retail development will feature a 152,000-square-foot shopping center...
Macy’s Inc. (NYSE:M) announced it will be closing 50 of its stores by the end of the year and another 100 over the next three years. The department store chain announced the closings today during the analysts’ call for its fourth quarter 2023 earnings report. The...
Bank failures could begin to percolate across the U.S. due the ongoing tumult in the commercial real estate sector, according to finance experts at Florida Atlantic University (FAU). Dr. Rebel A. Cole, the Lynn Eminent Scholar Chaired Professor of Finance in FAU’s...
Starwood Capital Group, a global private investment firm with a primary focus on real estate, announced that Jonathan Pollack will join the firm as president in 2025. Pollack joins the Miami-based Starwood Capital from Blackstone, where he served as global head of the...
Bravo Property Trust, a bridge and construction financing platform affiliate of Bravo Capital, announced the appointment of Gabi Moshayev as its chairman. Prior to joining Bravo Capital, Moshayev served as the CEO and worked on behalf of Harel Finance Alternative Ltd....
Bluerock Value Exchange (BVEX), a New York City-based national sponsor of 1031 exchange and Delaware Statutory Trust investment programs, has launched BR Diversified Industrial Portfolio III, DST (DIP III). DIP III represents BVEX’s 36th individual DST program...
Hits and Misses for the Real Estate Week of June 22-26
