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CMBS Delinquency Rate Falls After 6 Months of Increases

CMBS Delinquency Rate Falls After 6 Months of Increases

by Phil Hall | Oct 2, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) for September went into decline for the first time since February, dropping six basis points to 7.23%. According to data from Trepp Inc., last month’s overall delinquent balance was $43.5 billion...
New Cricket Stadium Planned for Metro Atlanta Area

New Cricket Stadium Planned for Metro Atlanta Area

by Phil Hall | Oct 1, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Development has begun on the first cricket stadium in Georgia. Atlanta News First reports the real estate developer Selig Enterprises sold 45 acres in the Atlanta suburb of LaGrange to DAS Cricket Academy and the NJ Blackcaps, a professional cricket club based in New...
Gov. DeSantis Announces Miami Site as Future Home of Trump Presidential Library

Gov. DeSantis Announces Miami Site as Future Home of Trump Presidential Library

by Phil Hall | Sep 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Florida Gov. Ron DeSantis has announced a 2.63-acre parcel in Miami has been designated to become the site of the Trump Presidential Library. The parcel is currently utilized as an employee parking lot for Miami Dade College’s Wolfson Campus, and it is adjacent to the...
Connecticut Town Considers Cannabis Complex Featuring 50 Affordable Housing Units

Connecticut Town Considers Cannabis Complex Featuring 50 Affordable Housing Units

by Phil Hall | Sep 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A real estate development planned for central Connecticut would include a 50-unit affordable housing complex with a cannabis growing operation and a dispensary. The New Haven Register reports the former Himmel Brothers Co. metal fabrication site in Hamden, a town...
New Joint Venture to Create Luxury Resort and Residences at Telluride

New Joint Venture to Create Luxury Resort and Residences at Telluride

by Phil Hall | Sep 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The hospitality and branded residential company Four Seasons have teamed with developers Fort Partners and Merrimac Ventures to announce the creation of the Four Seasons Resort and Residences Telluride at the Colorado resort. The new project will consist of three...
JLL Names Sam Schaefer as CEO of Property Management

JLL Names Sam Schaefer as CEO of Property Management

by Phil Hall | Sep 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL (NYSE: JLL) has recruited Sam Schaefer to become CEO of property management. In this newly created role, Schaefer oversee operations for JLL’s property management services. Schaefer also joins JLL’s Real Estate Management Services Board and will lead the...
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