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,...
A former executive with Blackstone (NYSE:BX) is on track to raise $1 billion for a real estate-focused fund. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,” reported Tyler Henritze, Blackstone’s former head of real estate...
Leyad Corporation, a Montreal-based real estate development company, has acquired the North Sydney Mall in North Sydney, Nova Scotia. The financial terms of the deal were not disclosed. According to the company, the acquisition adds 182,031 square feet of retail space...
The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. The percentage of loans...
Green Street, the provider of commercial real estate intelligence and analytics, has released its “2024 Sector Outlooks,” a series of forward-looking research reports highlighting operating fundamentals and valuations of commercial real estate. According to the...
The Chicago-headquartered global leadership advisory firm Russell Reynolds Associates (RRA) has hired Gemma Burgess as a managing director to join Deb Barbanel as co-lead of the global real estate practice. Burgess most recently served as CEO and vice chairman at...
