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San Francisco Commercial Property Owners Overwhelm City With Assessment Cut Requests

San Francisco Commercial Property Owners Overwhelm City With Assessment Cut Requests

by Phil Hall | Aug 14, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

San Francisco’s commercial real estate owners have been aggressively lobbying to lower their property assessments and tax payments in the wake of the troubled city’s declining real estate prices. According to a Bloomberg report, Brookfield Corp. and Blackstone Inc....
IRA Capital Launches Health Care Real Estate Fund

IRA Capital Launches Health Care Real Estate Fund

by Phil Hall | Aug 14, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

IRA Capital, an Irvine, California based private equity firm, has launched the IRA Healthcare Real Estate Fund LP, a $500 million closed-end fund focused on the acquisition of U.S. medical properties and senior housing assets. The new fund will focus on the...
Hits and Misses for the Real Estate Week of Aug. 7-11

Hits and Misses for the Real Estate Week of Aug. 7-11

by Phil Hall | Aug 11, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rental housing designed to stress your budget, a municipal fine against Elon Musk that is not stressing his wallet and a Chinese property developer who is stressing investors. From the wild and woolly world of real estate, here are the hits and misses for this week....
Malibu Rehab Center That Treated Lindsay Lohan and Charlie Sheen Listed for Sale at $19.9 Million

Malibu Rehab Center That Treated Lindsay Lohan and Charlie Sheen Listed for Sale at $19.9 Million

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

The Malibu, California-based site of a former rehabilitation center that received international attention for treating celebrities dealing with addiction, exhaustion and other self-induced health issues has been listed for sale at $19.9 million. PopCrush.com reported...
Iconic Goodyear Sign Restored to Company’s Former Akron HQ Site

Iconic Goodyear Sign Restored to Company’s Former Akron HQ Site

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

Goodyear (NASDAQ: GT) has partnered with the Akron, Ohio-based nonprofit The Well CDC to revitalize the iconic Goodyear sign that shines over the company’s former Akron headquarters, which is now the mixed-use development Goodyear Hall. The Goodyear sign has not...
Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures

Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures

by Phil Hall | Aug 10, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The wildfires sweeping across the Hawaiian island of Maui have killed 36 people and destroyed more than 270 structures, according to Maui County officials. CNN is reporting that most of the western Maui community of Lahaina has been destroyed and hundreds of...
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