The NFL’s Washington Commanders have agreed to a deal with the District of Columbia that will result in creation of a nearly $4 billion, 65,000-seat stadium on the site of Robert F. Kennedy (RFK) Memorial Stadium. According to combined media reports, the stadium is...
Marriott International (NASDAQ: MAR) has acquired the hotel brand CitizenM for $355 million. According to the companies, the CitizenM global portfolio encompasses 36 open hotels comprising 8,544 rooms across more than 20 cities in the US, Europe and Asia Pacific,...
The US Department of Justice (DOJ) filed a statement of interest supporting a church in a fight with North Carolina’s Chatham County Board of Commissioners. DOJ’s Civil Rights Division filed the statement in the US District Court for the Middle District of North...
The retailer Hudson’s Bay, Canada’s oldest continuously operating company, is winding down its six remaining namesake stores plus a Saks Fifth Avenue that were not included in its liquidation plans. Retail Dive reports the company declared that “a viable bid for the...
Homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 21-25. Miss: Post-Purchase Depression. A...
New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
