Chicago-based JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) has announced its $82 million acquisition of Louisville Logistics Center, a 1-million-square-foot, newly constructed Class A industrial property in South Louisville, Kentucky. Constructed...
RedSwan CRE, a Houston-headquartered blockchain-based commercial real estate marketplace, has signed a strategic partnership with Tassets, an Asset Tokenization as a Service (ATaaS) platform, through which Tassets will be the technology engine that powers and...
Toronto-based Slate Office REIT (TSX: SOT.UN), an owner and operator of high-quality workplace real estate, announced the appointment of Brady Welch, founding partner of Slate Asset Management, as interim CEO. Welch will replace Steve Hodgson, who is stepping down to...
Iconic commercial real estate executive Sam Zell has seen the future of remote work – and he claims there is no future in it for anyone who wants a career in commercial real estate. According to a GlobeSt.com report, Zell told the audience at last week’s REIT...
The retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) filed for Chapter 11 bankruptcy on Sunday and will begin the process of closing all of its stores and liquidating inventory during the next two months. In its bankruptcy filing, the Union, New Jersey-headquartered...
The volume of loans originated against commercial real estate (CRE) during 2022 reached a record peak of $861.96 billion, according to new data from Trepp Inc. This marked a roughly 14.5% spike from the year before, when lending volumes had increased by 16%. Trepp...
Mortgage Rates Take a Mild Tumble
