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Hits and Misses for the Real Estate Week of March 16-20

Hits and Misses for the Real Estate Week of March 16-20

by Phil Hall | Mar 20, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 16-20. Miss: Off to a Bad Start. This week, the US Census...
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field

New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field

by Phil Hall | Mar 20, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The melodrama involving the Chicago Bears took an unexpected turn with a new proposal put forth to keep the team in their hometown with a modern renovation of their longtime stadium. Fox 32 Chicago reports the architectural firm Edward Peck Design released a concept...
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council

Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council

by Phil Hall | Mar 20, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The CRE Finance Council (CREFC) announced that President and CEO Lisa Pendergast is planning to retire on or about Aug. 3 after a decade of trade association leadership. Prior to her CREFC role, she held senior positions at Jefferies, Royal Bank of Scotland, and...
Chicago Boosts Hotel Tax, Making it the Nation’s Highest

Chicago Boosts Hotel Tax, Making it the Nation’s Highest

by Phil Hall | Mar 20, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chicago is now home to the nation’s highest hotel tax after the City Council unanimously voted on Wednesday to create a Tourism Improvement District and raise the tax on hotel rooms within that district to 19%. According to the Chicago Sun-Times, the current combined...
Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location

Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location

by Phil Hall | Mar 19, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chase, the US consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), has opened its new branch in Pacific Palisades, California, nearly a year after the 2025 wildfires destroyed the previous location. According to the company, the...
Report: New Stadium Proposed for Chicago White Sox

Report: New Stadium Proposed for Chicago White Sox

by Phil Hall | Mar 19, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While the Chicago Bears prepare to exit their hometown after failing to secure a deal for a new stadium in the city, the Chicago White Sox may soon be getting a new local stadium. Crain’s Chicago Business reports that a group led by private equity investor Justin...
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