The proposed merger between the supermarket giants Albertsons Companies Inc. (NYSE: ACI) and The Kroger Co. (NYSE: KR) collapsed this morning as Albertsons terminated the merger agreement and filed a lawsuit against Kroger claiming a willful breach of contract and...
Mortgage applications took a healthy upturn thanks to a surge in refinancing, according to data from the Mortgage Bankers Association (MBA) covering the week ending Dec. 6. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
The Pierre, a historic five-star hotel overlooking New York City’s Central Park, is being marketed for sale. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the landmark lodging property features 189 hotel rooms, restaurants and...
Mid-America Apartment Communities Inc. (MAA) (NYSE: MAA), a Germantown, Tennessee-headquartered real estate investment trust focused on in the Southeast, Southwest and Mid-Atlantic markets, announced the appointment of A. Bradley Hill as president and CEO effective...
A Phil Hall Op-Ed: There is a quote attributed to the ancient Chinese philosopher Lao Tzu that, roughly translated into English, goes like this: “Governing a great nation is like cooking a small fish – too much handling will spoil it.” Lao Tzu’s wisdom is clearly a...
A total of 29,390 residential properties carried foreclosure filings in November, down 5% from the previous month and down 9% from one year earlier. According to new data from ATTOM, one in every 4,795 housing units had a foreclosure filing last month. The states with...
