A 151,339-square-foot medical/office building in Fairlawn, New Jersey, has sold for $22 million. Located along Route 208, the three-story property was built in 1986 and is anchored by Summit Health, which consolidated five area sites and practices at this location....
The Federal Emergency Management Agency (FEMA) has suspended payments sent to hotels in New York City lodging illegal immigrants after Elon Musk posted that the Department of Government Efficiency (DOGE) discovered $59 million was sent last week despite President...
The Mortgage Bankers Association (MBA) is partnering with the Pension Real Estate Association (PREA) Foundation in an endeavor to encourage college students to consider careers in the commercial real estate finance industry. The partnership will highlight MBA’s and...
Elon Musk announced the Department of Government Efficiency (DOGE) identified an unauthorized $59 million allocation by the Federal Emergency Management Agency (FEMA) for the lodging of migrants in New York City hotels. “The @DOGE team just discovered that FEMA sent...
Hyatt Hotels Corporation (NYSE: H) is acquiring all outstanding shares of Playa Hotels & Resorts NV (NASDAQ: PLYA) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Playa is the owner and operator of...
San Francisco’s Golden Gate University is making another attempt to sell off part of its campus as a strategy to cover its frayed financial health. The San Francisco Business Times reports the school listed its primary campus building three years ago for an...
