Simon Property Group (NYSE: SPG), the Indianapolis-based real estate investment trust, announced an investment program of more than $250 million to further elevate three retail assets in its portfolio: The Mall at Green Hills in Nashville, Cherry Creek Shopping Center...
At a time when many cities are trying to attract sports teams by building them stadiums, the City of Whiting, Indiana, is going to opposite route by evicting the Northwest Indiana Oilmen from its Oil City Stadium. The Oilmen are part of the summer collegiate Northern...
The Trump administration has paid $87.4 million purchased a nearly 520,000-square-foot warehouse in Pennsylvania’s Berks County for use as an immigration detention center. ABC27.com reports the warehouse was acquired on behalf of the Department of Homeland Security...
The outdoor apparel chain Eddie Bauer is in line to become the next retailer to shut down its stores. According to combined media reports, Catalyst Brands, which operates the Eddie Bauer retail chain, is preparing to file for Chapter 11 bankruptcy. However, while some...
The Walt Disney Company (NYSE: DIS) announced that Josh D’Amaro will become CEO on March 18, succeeding Bob Iger. D’Amaro, who is also joining the board of directors, has served as chairman of the Disney Experiences segment since 2020, where he oversees 12 theme parks...
The delinquency rate for commercial mortgage-backed securities (CMBS) increased from 7.30% in December to January by 17 basis points to 7.47%, according to new data from Trepp Inc. One year ago, the overall CMBS delinquency rate was 6.56%. “The increase was driven by...
