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JPMorgan Chase to Add 500 Bank Branches by 2027

JPMorgan Chase to Add 500 Bank Branches by 2027

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News

JPMorgan Chase (NYSE:JPM) has announced plans to add over 500 new bank branch locations across the U.S. by 2027. According to combined media reports, the new branches will be in markets where the bank is under-represented – including Boston, Charlotte, Minneapolis,...
Drew Jackson Joins Capital Square as Senior Managing Director

Drew Jackson Joins Capital Square as Senior Managing Director

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Capital Square, a Richmond, Virginia-headquartered real estate firm specializing in tax-advantaged real estate investments, announced the hiring of Drew Jackson as senior managing director of private wealth solutions and as a member of the executive management team....
Peachtree Group Closes Third Delaware Statutory Trust

Peachtree Group Closes Third Delaware Statutory Trust

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, announced the closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tennessee....
CBRE Acquires J&J Worldwide Services for $800 Million

CBRE Acquires J&J Worldwide Services for $800 Million

by Phil Hall | Feb 5, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE:CBRE) is paying $800 million in cash to acquire J&J Worldwide Services, a provider of engineering services, base support operations and facilities maintenance for the U.S. federal government, from Arlington Capital Partners, a Washington,...
JLL to Market NYC’s Roosevelt Hotel After the Migrants Leave

JLL to Market NYC’s Roosevelt Hotel After the Migrants Leave

by Phil Hall | Feb 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City’s Roosevelt Hotel, a historic venue that establishment that is now housing serving as the centralized intake center for the waves of illegal immigrants being brought into the city, will have a new life as a mixed-use project after the city’s lease on the...
Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A $70 million settlement in a controversial lawsuit, a celebrity football player as a potential neighbor and a big win for gas stove lovers. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 29-Feb. 2. Hit or Miss,...
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