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 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...
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...
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...
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 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...