The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
A Democratic candidate for the New Jersey legislature has proposed seizing the Trump National Golf Club at Bedminster by eminent domain as a response to the administration’s freezing of $18 billion earmarked for an infrastructure project. InsideNJ.com reports the...
New Orleans’ historic office property K&B Plaza has been listed for sale for the first time in more than half a century, with an asking price of $11.4 million. According to a report in New Orleans City Business, the seven-story, 69,569-square-foot complex in the...
Reno-based Grand Sierra Resort (GSR) announced the groundbreaking on its new 10,000-seat arena that will be the future home of the University of Nevada men’s basketball team. The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests....
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...
