The Tampa Bay Rays are seeking to finance their proposed $2.3 billion new stadium with over $1 billion in public funds. USA Today reports Rays CEO Ken Babby is seeking is $750 million from Hillsborough County, $251 million from Tampa, and another $64 million from a...
The New York City-based asset manager Blue Owl Capital Inc. (NYSE: OWL) announced that affiliates of Blue Owl Real Estate Capital LLC will acquire all outstanding shares of common stock of Sila Realty Trust Inc. (NYSE: SILA) for $30.38 per share in an all-cash...
A&G Real Estate Partners announced that it is seeking offers for a mix of Walgreens store leases and fee-owned properties nationwide. The offering features existing leaseholds for 60 retail freestanding, central business district, end cap and inline locations...
Blueprint Healthcare Real Estate Advisors, a Chicago-headquartered advisor in healthcare real estate investment sales, announced the hiring of Peter Trazzera as senior director of capital markets. In a statement, the company said Trazzera “brings deep expertise in...
The Foshay Tower, a landmark building in downtown Minneapolis, is facing foreclosure after its owners failed to pay off its $51 million mortgage. The Star-Tribune reports the mortgage’s maturity date came in May 2025. Deutsche Bank filed the complaint as a trustee...
The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...