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Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case

Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case

by Phil Hall | Mar 18, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump has been unable to secure the $454 million appeal bond in the civil business fraud judgment against him, according to his attorneys said in a New York court filing this morning. CNBC reported the attorneys for Trump and his co-defendants...
Hits and Misses for the Real Estate Week of March 11-15

Hits and Misses for the Real Estate Week of March 11-15

by Phil Hall | Mar 15, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: NAR’s White Flag. The National Association of Realtors...
$7,000 in Grants Awarded to Preserve Three Historic Chicago Sites

$7,000 in Grants Awarded to Preserve Three Historic Chicago Sites

by Phil Hall | Mar 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Landmarks Illinois, a historic preservation-focused nonprofit organization, has awarded grants totaling $7,000 through the Timuel D. Black Jr. Grant Fund for Chicago’s South Side to preserve three historic sites. The Bronzeville Trail Task Force in the city’s...
MBA: Commercial/Multifamily Mortgage Debt Outstanding Up 2.8% for 2023

MBA: Commercial/Multifamily Mortgage Debt Outstanding Up 2.8% for 2023

by Phil Hall | Mar 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion higher than at the end of 2022, a 2.8% uptick, according to data from the Mortgage Bankers Association (MBA). On a quarterly measurement, total mortgage debt...
Hilton Buys Graduate Hotels Brand for $210 Million

Hilton Buys Graduate Hotels Brand for $210 Million

by Phil Hall | Mar 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilton (NYSE: HLT) has announced its $210 million acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners. Graduate Hotels primarily focuses on markets near major colleges and universities in the U.S. and U.K. This is Hilton’s first brand...
Angela Johnson Joins Noble Investment Group as Managing Principal

Angela Johnson Joins Noble Investment Group as Managing Principal

by Phil Hall | Mar 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Noble Investment Group, an Atlanta-based real estate investment manager specializing in the travel and hospitality sector, has named Angela Johnson as managing principal and head of global client solutions and strategic partnerships. In this new role for the...
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