The delinquency rate for commercial mortgage-backed securities (CMBS) for September went into decline for the first time since February, dropping six basis points to 7.23%. According to data from Trepp Inc., last month’s overall delinquent balance was $43.5 billion...
Development has begun on the first cricket stadium in Georgia. Atlanta News First reports the real estate developer Selig Enterprises sold 45 acres in the Atlanta suburb of LaGrange to DAS Cricket Academy and the NJ Blackcaps, a professional cricket club based in New...
Florida Gov. Ron DeSantis has announced a 2.63-acre parcel in Miami has been designated to become the site of the Trump Presidential Library. The parcel is currently utilized as an employee parking lot for Miami Dade College’s Wolfson Campus, and it is adjacent to the...
A real estate development planned for central Connecticut would include a 50-unit affordable housing complex with a cannabis growing operation and a dispensary. The New Haven Register reports the former Himmel Brothers Co. metal fabrication site in Hamden, a town...
The hospitality and branded residential company Four Seasons have teamed with developers Fort Partners and Merrimac Ventures to announce the creation of the Four Seasons Resort and Residences Telluride at the Colorado resort. The new project will consist of three...
JLL (NYSE: JLL) has recruited Sam Schaefer to become CEO of property management. In this newly created role, Schaefer oversee operations for JLL’s property management services. Schaefer also joins JLL’s Real Estate Management Services Board and will lead the...
