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Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion

Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion

by Phil Hall | Aug 22, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Construction costs on the new Las Vegas baseball stadium for the former Oakland A’s have ballooned to $2 billion. The Nevada Independent reports the 33,000-capacity stadium was initially budgeted at $1.5 billion, only to be raised last year to $1.75 billion. Team...
Appeals Court Voids $524 Million Penalty in Trump Fraud Case

Appeals Court Voids $524 Million Penalty in Trump Fraud Case

by Phil Hall | Aug 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A New York appeals court voided the more than half-million-dollar fraud judgment enacted against President Trump and the Trump Organization, but kept in place the lower court decision that Trump and his company engaged in valuation fraud when obtaining loans for their...
Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California

Revived Bed Bath & Beyond Retail Chain Will Not Open Stores in California

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Beyond Inc. (NYSE:BYON), the Murray, Utah-based parent company of the Bed Bath & Beyond brand, announced that its return to brick-and-mortar retailing will not include California. Marcus Lemonis, executive chairman of Bed Bath & Beyond, issued an online...
Leadership Shake-Up at Target with New CEO

Leadership Shake-Up at Target with New CEO

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Target Corporation (NYSE: TGT), the Minneapolis-headquartered retailer with more than 2,000 stores, announced that CEO Brian Cornell will transition to executive chairman of the board of directors while Chief Operating Officer Michael Fiddelke will take on the CEO...
USDA to Cease Funding Solar and Wind Power Installations on Farmland

USDA to Cease Funding Solar and Wind Power Installations on Farmland

by Phil Hall | Aug 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Agriculture (USDA) will no longer provide federal funding for the installation of solar panels and wind turbines on farmland. Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program....
Utah City Approves 34% Property Tax Hike

Utah City Approves 34% Property Tax Hike

by Phil Hall | Aug 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
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