The developer Worthe Real Estate Group and the real estate investment management firm Stockbridge announced the close of a $475 million fixed-rate securitized mortgage to finance Second Century, the recently completed 800,000-square-foot office project leased to...
Destination XL Group Inc. (Nasdaq: DXLG), a retailer specializing in men’s Big + Tall apparel, announced the strategic hiring of Beta Agency, a commercial real estate brokerage, to help grow the company’s footprint. DXL’s expansion plans includes the...
Switzerland caught the world’s economic observers by surprise when its central bank opted to cut interest rates, a first for a major Western economic power. The Financial Times reported the Swiss National Bank cut its headline rate by 25 basis points to 1.5%. Thomas...
We’ve all heard about hot property, but an Australian real estate agent took that concept one step beyond and wound up burning down her client’s multi-million-dollar residence – a boo-boo that cost her employer more than $860,000 plus five years of interest. According...
The editorial board of the Wall Street Journal accused the real estate profession of working against the best interests of their clients with “a rigged game that pads their pockets at the expense of consumers.” In an editorial titled “The Realtors Stage a $418 Million...
Enterprise Community Development Inc. (ECD), a nonprofit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners, announced that Janine Lind will become its new president starting April 29. Lind will be based out...
Mortgage Lender Rate Debuts New Division Offering Saunas and Cold Plunges
Hits and Misses for the Real Estate Week of July 6-10
