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Hits and Misses for the Real Estate Week of April 14-18

Hits and Misses for the Real Estate Week of April 14-18

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market

Letitia James accused of mortgage fraud, the Sun Belt loses its charm, and a tribute to a lodging sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 14-18 Miss: Not Practicing What She Preaches. New York...
LendingClub Pays $74.5 Million for New San Francisco HQ Building

LendingClub Pays $74.5 Million for New San Francisco HQ Building

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company’s headquarters beginning in Spring 2026. The bank plans to occupy 100,000...
Vitamin Shoppe Retail Chain Sold to Private Equity Firms

Vitamin Shoppe Retail Chain Sold to Private Equity Firms

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Vitamin Shoppe, a retailer of vitamins and nutritional supplements, has been acquired from the private equity firms Kingswood Capital Management LP and Performance Investment Partners LLC. Headquartered in Secaucus, New Jersey, The Vitamin Shoppe conducts business...
HUD HQ Building Listed for ‘Accelerated Disposal’

HUD HQ Building Listed for ‘Accelerated Disposal’

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
Jim Dinegar Named CEO of Society of Industrial Office Realtors

Jim Dinegar Named CEO of Society of Industrial Office Realtors

by Phil Hall | Apr 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Society of Industrial and Office Realtors (SIOR) has named Jim Dinegar as its new CEO, effective May 1. He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield (NYSE: CWK). Dinegar brings more...
Placemakr Launches First Utah Property

Placemakr Launches First Utah Property

by Phil Hall | Apr 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City. Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished...
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