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Citigroup to Create $16.1 Million Office Facility in Charlotte

Citigroup to Create $16.1 Million Office Facility in Charlotte

by Phil Hall | Jul 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Citigroup (NYSE: C) has announced plans to invest $16.1 million in a new office facility in Charlotte, North Carolina. Reuters reports the banking giant opens is aiming to create 510 new jobs at the facility that will focus on personal banking, finance, and marketing....
Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium

Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium

by Phil Hall | Jul 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A class action lawsuit has been filed seeking to stop Ohio’s plan to use public funds to pay for a new stadium for the NFL’s Cleveland Browns. News from the States reports former State Rep. Jeff Crossman (D-OH) is leading the legal team that is challenging the state’s...
Trump Administration Unveils Plan to Stop Farmland Purchases by Chinese Nationals

Trump Administration Unveils Plan to Stop Farmland Purchases by Chinese Nationals

by Phil Hall | Jul 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has rolled out the National Farm Security Action Plan, a multi-agency effort that will include a ban on the purchase of US farmland by Chinese nationals. The new initiative encompasses the Departments of Agriculture, Defense, Homeland Security...
Canopy Real Estate Partners Buys Denver-Area Retail Center for $15.8 Million

Canopy Real Estate Partners Buys Denver-Area Retail Center for $15.8 Million

by Phil Hall | Jul 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canopy Real Estate Partners, a Scottsdale, Arizona-based institutional real estate platform focusing on middle-market assets, has acquired the 59,000-square-foot Gold’s Marketplace retail center in the Denver suburb of Wheat Ridge, Colorado, for $15.8 million....
Trump Offers to Help Resolve the Stalled Commanders Stadium Project

Trump Offers to Help Resolve the Stalled Commanders Stadium Project

by Phil Hall | Jul 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

President Donald Trump has offered to become involved in the stalled negotiations to build a new stadium for the NFL’s Washington Commanders. The Commanders currently play at FedEx Field in Maryland. The Washington Examiner reports the $3.7 billion stadium project,...
CMBS Issuance Up 35% During First Half of the Year

CMBS Issuance Up 35% During First Half of the Year

by Phil Hall | Jul 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Issuance of private-label commercial mortgage-backed securities (CMBS) fell by 41% to $22 billion in the second quarter from $37.55 billion in first-quarter volume. However, new data from Trepp Inc. determined the issuance during the first half of the year totaled...
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