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University of Florida Plans $1.45 Billion Renovation for Ben Hill Griffin Stadium

University of Florida Plans $1.45 Billion Renovation for Ben Hill Griffin Stadium

by Phil Hall | Jun 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The University of Florida has announced plans for a $1.45 billion renovation of its Ben Hill Griffin Stadium, which breaks the record for the most expensive stadium renovation in college football history. ESPN reports the original plan for the renovation was budgeted...
Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium

Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium

by Phil Hall | Jun 11, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Kansas City Mayor Quinton Lucas is proposing legislation that would dedicate up to $235 million in special obligation bonds to expand the two-year-old CPKC Stadium and the surrounding Berkley Riverfront area. The stadium opened in 2024 and is home to the Kansas City...
Report: Law Firms Drove Q1 Office Leasing Activity

Report: Law Firms Drove Q1 Office Leasing Activity

by Phil Hall | Jun 11, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Law firms were a key force in leasing activity within the office property sector during the first quarter, according to a new report from Cushman & Wakefield (NYSE: CWK). During the first three months of the year, law firms leased 4.6 million square feet of office...
Feds Sell Trump’s Former DC Hotel for $80 Million

Feds Sell Trump’s Former DC Hotel for $80 Million

by Phil Hall | Jun 10, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The federal government sold has sold the Waldorf Astoria hotel in Washington, DC, which was originally the Post Office Building, for $80 million. The Wall Street Journal, sourcing its’ coverage from unnamed “people familiar with the matter,” report the sale involves...
CRE Finance Council Names Toby Cobb as Chairman of Executive Committee

CRE Finance Council Names Toby Cobb as Chairman of Executive Committee

by Phil Hall | Jun 9, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The CRE Finance Council (CREFC) announced the selection of Toby Cobb as chairman of the CREFC Executive Committee and the board of governors for 2026-2027. Cobb is co-founder and co-managing Partner of 3650 Capital, where he is jointly responsible for loan...
Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

by Phil Hall | Jun 8, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing ​project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...
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