A Phil Hall Op-Ed: On this day in 2024, I wrote an op-ed column titled “Stop Using Public Funds to Build Sports Stadiums.” Unfortunately, no one listened to me – in fact, it several cities opted to do the exact opposite of what I suggested. Last week, the Wall Street...
The fast casual restaurant chain Shake Shack (NYSE: SHAK) is expanding into Central America through a partnership with Grupo Attie-Multifood Enterprises. The company announced it will enter this region with 12 eateries to open across Panama over the next 10 years,...
Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
The memecoin Purple Pepe (PURPE) has gained its first acceptance as the payment format on a real estate transaction. Missouri-based real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. According to...
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 5-9. Hit: Karma Get It. When New York...
The Walt Disney Company (NYSE: DIS) has announced plans for its first Middle East theme park destination at Abu Dhabi in the United Arab Emirates. Disney Abu Dhabi will be the company’s seventh theme park. It will be located at the waterfront of Yas Island and will be...