The Hilco Global Real Estate Practice, in cooperation with Province LLC, has announced a June 26 deadline for qualified bids on the real estate of Hawthorne Race Course, the historic horse racing venue located 10 miles from downtown Chicago. The auction is being...
The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point to 7.55% in May, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.08%. Five large loans accounted for $1.86 billion of the $4.04...
SL Green Realty Corp. (NYSE: SLG) announced the sale of Manhattan’s 10 East 53rd Street office tower for $312.2 million to Meadow Partners, a real estate investment manager specializing in global middle-market transactions. According to the company, the sale will...
Barry Diller’s publishing company People Inc. (NASDAQ: IAC) has submitted a surprise non-binding proposal to acquire MGM Resorts International (NYSE: MGM) in a $48.30 per share all-cash transaction that values the company at $18 billion. People Inc., publishes over 40...
The future of the Chicago Bears has taken yet another twist as the Illinois legislature ended its session without a bill that would have ensured the team could remain in the state. NBC Chicago reports the state’s Senate failed to support a House-backed bill that would...
The Phoenix-headquartered food retailer Sprouts Farmers Market (NASDAQ: SFM) is expanding its nationwide presence with plans to open up to 40 new stores in New England over the next few years. The Boston Business Journal reports the first New England-based Sprouts...
Minnesota Real Estate Broker Convicted of Exploiting Muslim Homebuyers with…
