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Hits and Misses for the Real Estate Week of Jan. 1-5

Hits and Misses for the Real Estate Week of Jan. 1-5

by Phil Hall | Jan 5, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

Two office properties facing new futures, a rock legend who can’t sell his house and a new St. Louis Fed chief. From the wild and wooly world of real estate, here are the hits and misses for the week of Jan. 1-5. Hit: A New Life for an Old Office Property: The...
New York Attorney General Seeks Lifetime Ban for Trump from the State’s Real Estate Industry

New York Attorney General Seeks Lifetime Ban for Trump from the State’s Real Estate Industry

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

New York Attorney General Letitia James is seeking a lifetime ban on former President Donald Trump from the real estate industry in the state, along with a $370 million fine against Trump and his companies. According to combined media reports, James is also seeking...
Robert L. Denton Sr Named Trustee Board Chairman at COPT Defense Properties

Robert L. Denton Sr Named Trustee Board Chairman at COPT Defense Properties

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

COPT Defense Properties (NYSE: CDP), a Columbia, Maryland-based self-managed real estate investment trust (REIT) focused on properties in locations near or containing U.S. government defense installations and missions, has announced the election of Robert L. Denton...
Thomas Park Launches Construction Services Line

Thomas Park Launches Construction Services Line

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

Thomas Park, a commercial real estate and management firm headquartered in Annapolis, Maryland, has launched Thomas Park Construction, a new service line specializing in general contracting and construction management services for commercial interior projects....
Seattle Office Building to be Converted Into Multifamily Housing

Seattle Office Building to be Converted Into Multifamily Housing

by Phil Hall | Jan 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A vacant Seattle office property has been acquired for conversion into multifamily housing. Stream Real Estate, a Seattle-based developer and investor, has paid $7 million for Queen Anne Plaza, a four-story office building. The Seattle Times reported the company plans...
Big Sky Medical Real Estate Acquires First Asset in Phoenix

Big Sky Medical Real Estate Acquires First Asset in Phoenix

by Phil Hall | Jan 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Big Sky Medical Real Estate, a Dallas-based investment manager focused on commercial properties, made its first acquisition in the Phoenix market with the purchase of the Blackhawk Medical Center. The three-building medical and office campus is located in the affluent...
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