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Report: Sandals Resorts Exploring Potential Sale of Company

Report: Sandals Resorts Exploring Potential Sale of Company

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

The Caribbean-focused lodging and hospitality company Sandals Resorts International has restarted efforts to sell itself, according to a Wall Street Journal report sourced from unnamed “people familiar with the matter.” The Jamaican-headquartered company is reportedly...
Multifamily Mortgage Debt Continues to Outpace the Full Commercial Real Estate Sector

Multifamily Mortgage Debt Continues to Outpace the Full Commercial Real Estate Sector

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

Multifamily mortgage debt continued to grow at a faster pace than the full commercial real estate market for the tenth consecutive quarter. New data from the Mortgage Bankers Association (MBA) found the total mortgage debt outstanding for the full commercial real...
Herschen Acquires Palace Entertainment’s Theme Parks

Herschen Acquires Palace Entertainment’s Theme Parks

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

The Spanish entertainment operator Parques Reunidos is selling all of the US properties run by its Palace Entertainment subsidiary to Herschend, the Atlanta-headquartered themed attractions company whose brand portfolio includes Dollywood Parks & Resorts. The...
14,500-Seat NWSL Stadium Announced for Denver

14,500-Seat NWSL Stadium Announced for Denver

by Phil Hall | Mar 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Plans were unveiled today for a 14,500-seat stadium that will host Denver’s new NWSL franchise. ESPN reports the stadium will be based at the city’s Sante Fe Yards, adjacent to the Broadway Light Rail station, and the development will include a 3.5-acre park and a...
Retailer Forever 21 Files for Bankruptcy

Retailer Forever 21 Files for Bankruptcy

by Phil Hall | Mar 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

F21 OpCo LLC, the operator and licensee of the Forever 21 stores in the US, announced on Sunday that it was filing for Chapter 11 bankruptcy. F21 OpCo is responsible for 350 US-based Forever 21 stores. The company stated that its retail locations and website will...
Voice of America Parent Agency Cancels Lease on New DC Headquarters

Voice of America Parent Agency Cancels Lease on New DC Headquarters

by Phil Hall | Mar 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Agency for Global Media (USAGM), the parent agency for Voice of America, Radio Free Europe/Radio Liberty and Radio Free Asia, is cancelling its 15-year lease on its Washington, DC-based headquarters as the Trump administration plans to eliminate the agency. In...
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