The Cleveland Browns’ effort to build a new domed stadium hit a major roadblock as the Ohio Department of Transportation (ODOT) rejected the team’s application, stating the proposed $3.6 billion facility would be an “obstruction” to the neighboring Cleveland Hopkins...
The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 11-15. Miss: Foot in Mouth...
The CEO of Detroit City FC announced that his team will pay property taxes on its new soccer stadium. Axios reports Sean Mann pledged his team will cover property taxes for the 15,000-seat AlumniFi Field only – the property will also include an affordable housing...
Playboy Inc. (NASDAQ: PLBY) is relocating its global corporate headquarters from Los Angeles to Miami Beach. Playboy was founded in Chicago by Hugh Hefner in 1953 and relocated to California in 1975. In a press statement, the company said the relocation after a...
Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
Newmark Group Inc. (NASDAQ: NMRK) announced an alliance agreement with Mountain West Commercial Real Estate, a brokerage focused on the Idaho, Montana, Nevada, Utah and Wyoming markets. Under the terms of this alliance, Mountain West will operate as Newmark Mountain...
