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Owner of Minnesota Lodge Resort Charged with Torching the Property

Owner of Minnesota Lodge Resort Charged with Torching the Property

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owner of a historic lodge in Lutsen, Minnesota has been arrested for starting the February 2024 fire that destroyed the property. Located along Lake Superior, Lutsen Resort dated back to 1885 and was promoted as Minnesota’s oldest resort. The New York Post...
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million

Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio

Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
US Institute of Peace HQ in Washington Renamed for Trump

US Institute of Peace HQ in Washington Renamed for Trump

by Phil Hall | Dec 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million

Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million

by Phil Hall | Dec 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chappaqua Crossing, a mixed-use development in the affluent New York City suburb of Chappaqua, New York, has been sold for $76.5 million. The property is situated between the Saw Mill Parkway and Route 117 and is the redevelopment of the former Reader’s Digest...
Miami Dade College Reapproves Land Transfer for Trump Presidential Library

Miami Dade College Reapproves Land Transfer for Trump Presidential Library

by Phil Hall | Dec 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The board of trustees at Florida’s Miami Dade College voted unanimously to transfer more than two-and-a-half acres of land for the creation of President Donald Trump’s presidential library, marking the second time the school’s trustees approved this transaction. In...
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