The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
A 175-year-old family-owned farm in Cranbury, New Jersey, that was threatened with eminent domain seizure by township officials eager to use the land for affordable housing was spared from takeover after Gov. Phil Murphy intervened in the case. In a statement, the...
A Manhattan luxury tower is falling apart, Jamie Dimon is going to the Smithsonian, and who’s photographing the East Wing demolition? From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 20-24. Miss: Don’t Look Up. One...
General Dynamics Electric Boat, the submarine manufacturing division of the aerospace and defense contractor General Dynamics (NYSE: GD), today announced it has acquired nearly all the mostly vacant Crystal Mall in Waterford, Connecticut. The acquisition encompasses...
The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...
Wells Fargo & Co. (NYSE: WFC) has opened its newest campus in the Dallas-area suburb of Irving, Texas. The 22-acre, $570 million campus accommodates 4,500 employees in new buildings equipped with solar power, smart irrigation systems, and dynamic glass that...
