PacWest Bancorp (NASDAQ:PACW) is selling a portfolio of real estate construction loans at a discounted price in an effort to strengthen its liquidity amid ongoing concerns over its viability. According to combined media reports, real estate investment company...
Newmark Group Inc. (NASDAQ: NMRK) has hired Norm Taylor as country head and president for Canada. In this newly created position, Taylor is responsible for Newmark’s day-to-day brokerage operation in Canada, including strategic direction, business development,...
A power couple putting their money into real estate, an entertainment industry giant stumbling badly on misbegotten real estate projects and a mortgage company offering a remarkable gift to help families in need. Looking into the wild and wooly world of real estate,...
The ongoing feud between the Walt Disney Co. (NYSE:DIS) and Florida Gov. Ron DeSantis took a dramatic turn with the entertainment giant pulling the plug on one of the biggest commercial real estate deals within the Sunshine State. The New York Times reported that...
Fans of Joni Mitchell will remember this chorus of her classic tune “Big Yellow Taxi”: Don’t it always seem to go / That you don’t know what you got ’til it’s gone? / They paved paradise, put up a parking lot. The message of that golden oldie...
Sam Zell, one of the most influential figures in the U.S. commercial real estate industry, passed away at the age of 81. Zell became involved in real estate when he managed student housing while he was an undergraduate at the University of Michigan and co-founded...
