A long-vacant Ohio ballpark that was once home to Negro League baseball is being positioned as a site for a new mixed-use development. Ballpark Digest reports SPARC Holding LLC development firm, an affiliate of Arshot Investment Corporation, has presented a proposal...
The Chicago Bears have been forced to delay their plans for a new stadium after failing to secure state funding during the fall legislative session. Forbes reports that while the $3 billion stadium project planned in suburban Arlington Heights, Illinois, will be...
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. From the wild and wooly world of real estate, here are our Hits and Misses...
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...