One of the Connecticut’s most iconic historic buildings is the focus of a proposed $12 million project to transform the headquarters of a local daily newspaper into a mixed-use project. The Hartford Business Journal reports the Waterbury Union Station building, the...
The Manhattan office property sector has reached a leasing level not seen since before the pandemic. According to a report in The Real Deal citing Colliers data, office leasing activity in November helped push the year-to-date volume to roughly 30.4 million square...
A Phil Hall Op-Ed: Dan Gilbert is not the type of guy who needs a handout. After all, he is the co-founder and majority owner of Rocket Mortgage, the founder of Rock Ventures, and the owner of sports teams that include the NBA’s Cleveland Cavaliers and the AHL’s...
The delinquency rate for commercial mortgage-backed securities (CMBS) soared in November by 42 basis points to 6.40%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 4.58%. Trepp attributed the upswing to substantial increases in the...
Vivek Ramaswamy, the tech entrepreneur who teamed with Elon Musk on President-elect Donald Trump’s new Department of Government Efficiency (DOGE), has blasted New York City’s $220 million agreement to use the historic Roosevelt Hotel for $220 million as a processing...
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 25-29. Miss: The Neverending Story? The $418 million settlement by...
