A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 17-21. Hit: A New Approach to Affordable Housing. This week,...
Shopoff Realty Investments has acquired a 13.75-acre industrial property in Buena Park, California, that it plans to turn into a residential development. The company announced that $49 million in acquisition financing for the project was secured with support from JLL...
The Caribbean-focused lodging and hospitality company Sandals Resorts International has restarted efforts to sell itself, according to a Wall Street Journal report sourced from unnamed “people familiar with the matter.” The Jamaican-headquartered company is reportedly...
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...
