Multifamily mortgage debt continued to grow at a faster pace than the full commercial real estate market for the tenth consecutive quarter. New data from the Mortgage Bankers Association (MBA) found the total mortgage debt outstanding for the full commercial real...
The Spanish entertainment operator Parques Reunidos is selling all of the US properties run by its Palace Entertainment subsidiary to Herschend, the Atlanta-headquartered themed attractions company whose brand portfolio includes Dollywood Parks & Resorts. The...
Plans were unveiled today for a 14,500-seat stadium that will host Denver’s new NWSL franchise. ESPN reports the stadium will be based at the city’s Sante Fe Yards, adjacent to the Broadway Light Rail station, and the development will include a 3.5-acre park and a...
F21 OpCo LLC, the operator and licensee of the Forever 21 stores in the US, announced on Sunday that it was filing for Chapter 11 bankruptcy. F21 OpCo is responsible for 350 US-based Forever 21 stores. The company stated that its retail locations and website will...
The US Agency for Global Media (USAGM), the parent agency for Voice of America, Radio Free Europe/Radio Liberty and Radio Free Asia, is cancelling its 15-year lease on its Washington, DC-based headquarters as the Trump administration plans to eliminate the agency. In...
The melodrama surrounding the Tampa Bay Rays’ plans for a new stadium took another turn with the team announcing it will not continue the development of a new $1.3 billion, 30,000-seat venue in St. Petersburg, Florida. ESPN reports the team cited the expensive delays...
