The telecommunications company BT Group has announced the sale of its London landmark BT Tower to MCR Hotels for $346 million, with the new owner planning to transform the structure into a hotel. Located in the Fitzrovia district of Central London, the 620-foot-tall...
New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a Democrat, told ABC News she is prepared to take...
Raymond James Ltd., the Canadian arm of investment dealer Raymond James Financial Inc., has announced Robert Sutherland joined its equity capital markets team as managing director and head of real estate. Sutherland will oversee and lead the real estate sector for the...
Within the realm of real estate investment trusts (REITs), Birmingham, Alabama-based Medical Properties Trust Inc. (NYSE:MPW) has gained a surplus amount of attention – mostly for the wrong reasons. MPT owns approximately 440 healthcare properties in the U.S. and...
A new U-Haul retail, moving and self-storage facility is coming to Rapid City, South Dakota, following the company’s recent land acquisition of 7.5 acres. U-Haul Moving & Storage of Catron Blvd. is budgeted for completion by early 2025. The property will...
Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
Hits and Misses for the Real Estate Week of June 22-26
