The Wendy’s Co. (NASDAQ: WEN) is planning to close several hundred US restaurants after reporting a dismal fourth quarter financial performance. The Associated Press reports the Dublin, Ohio-headquartered company experienced a 10% year-over-year decline in its global...
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 9-13. Miss: A Problem, Not a...
The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Now, here’s something that we don’t see every day: a polo venue is listed for sale. The 150-acre Valiente Polo Farm in Wellington, Florida, is being marketed by Icon Global. The property includes three polo fields, a stick and ball field, a warm-up track, a viewing...
Major League Soccer’s DC United has announced plans to create a 12,000-seat stadium and youth academy in Baltimore. WTOP reports the team is seeking the build its venue on the 80-acre site of the Carroll Park Golf Course, which is owned and operated by the city. The...
Sens. Josh Hawley (R-MO) and Richard Blumenthal (D-CT) have introduced the Guaranteeing Rate Insulation from Data Centers (GRID) Act, a new bill designed to prevent data centers from driving up energy costs. Created in response to the rapid expansion of data centers...
