A California hotel that can trace its operations back 150 years ago has been sold to a Native American tribe. The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. The federally recognized tribe’s San...
The delinquency rate for commercial mortgage-backed securities (CMBS) dipped by one basis point to 7.54% in April, according to data from Trepp Inc. One year ago, the rate was 7.03%. The five largest newly delinquent loans accounted for just over $1.26 billion of the...
The law firm Phillips Lytle LLP has launched a new initiative aimed at real estate professionals and financial executives involved in property development. According to the firm, the Phillips Lytle Real Estate Institute Webinar Series will focus on emerging legal and...
A new survey published by Redfin found nearly half (47%) of US residents do not want artificial intelligence data centers constructed in their neighborhood, while 38% have no problems with these facilities in their community. The survey, fielded by Ipsos with input...
The end of a burdensome housing policy, the launch of a deed theft prevention agency, and Alaskan homeowners carrying more mortgage debt. From the wild and wooly world of real estate, here are the Hits and Misses for the week of April 27-May 1. Hit: Good Intentions,...
San Francisco’s Bay Club, which made history in 1977 as the nation’s first co-ed gym, announced the $65 million acquisition of the full city block that has been home to its flagship facility for nearly five decades. The acquisition encompasses three adjacent...
