The Chinese owners of New York City’s Waldorf Astoria are putting the iconic hotel up for sale months after it reopened following a multibillion-dollar renovation. The Wall Street Journal reports the property’s eight-year, $4 billion overhaul was five years behind...
Another state has taken an interest in moving the Chicago Bears out of Illinois. KTIV reports State Sen. Kerry Gruenhagen, a Republican member of the Iowa legislature, has introduced a proposal to attract the Bears by funding a new stadium for the NFL team. The Bears...
Illinois Gov. JB Pritzker is making a renewed push to accommodate the Chicago Bears after Indiana lawmakers have made repeated overtures to bring the team into their state. WIBC reports Pritzker and Illinois legislative leaders have agreed to a public funding package...
The Mortgage Bankers Association (MBA) is forecasting that total commercial mortgage origination volume will increase to $805.5 billion in 2026 from the $633.7 billion expected in 2025 while multifamily origination volume will rise to $399.2 billion in 2026 from the...
Some properties take longer than others to sell, and some take much, much longer. Case in point: the Capitol Theater in New London Connecticut, which has been closed and vacant since April 1974 has been sold for $250,000. CTInsider.com reports the property was...
The Kroger Co. (NYSE: KR) announced the hiring of Greg Foran as CEO and a member of the board of directors. Foran replaces Ron Sargent, who served as interim CEO since March 2025 following the resignation of Rodney McMullen after an investigation determined he ran...
