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Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California

Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California

by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Caribou Industries Inc., a contractor and developer of residential, commercial and resort real estate, announced that it has pulled $5.6 million in building permits and executed a disposition and development agreement with the city of Santa Ana in Orange County,...
Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts

Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts

by Phil Hall | Dec 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Choice Hotels International Inc. (NYSE: CHH) has launched a hostile bid to acquire Wyndham Hotels & Resorts Inc. (NYSE: WH), which previously rejected offers for a potential takeover. Choice is using an exchange offer for Wyndham stock, appealing directly to...
Dolly Parton Acquires Mixed-Use Property in Downtown Nashville

Dolly Parton Acquires Mixed-Use Property in Downtown Nashville

by Phil Hall | Dec 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dolly Parton has paused from her entertainment career and switched gears to focus on her work as a real estate executive. The Dollywood Company, a joint venture between the music legend and Herschend Enterprises, acquired an office and retail building in downtown...
Chris Hipps Named Texas Managing Principal for Cushman & Wakefield

Chris Hipps Named Texas Managing Principal for Cushman & Wakefield

by Phil Hall | Dec 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE:CW) appointed Chris Hipps as Texas managing principal. Hipps will start on Jan. 2 and will be based in Dallas. He will be responsible for leading Cushman & Wakefield’s advisory professionals across Texas as the firm further expands in...
Axos Closes Purchase of Two Loan Portfolios from the FDIC

Axos Closes Purchase of Two Loan Portfolios from the FDIC

by Phil Hall | Dec 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Las Vegas-baed Axos Financial Inc. (NYSE: AX) announced that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial real estate loan portfolios from the Federal Deposit Insurance Corp. (FDIC) at a purchase price equal to...
BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program

BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program

by Phil Hall | Dec 6, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

BridgeCore Capital Inc. has created a new middle market commercial real estate loan program designed to serve as an alternative financing product to traditional LifeCo funding. According to the Beverly Hills, California-based company, the program provides borrowers a...
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