Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
Beachwood, Ohio-headquartered SITE Centers Corp. (NYSE: SITC), the owner and manager of open-air shopping centers, has completed the sale of five of its retail properties. The company sold a three-property portfolio consisting of East Hanover Plaza in East Hanover,...
Oklahoma has become the latest state to experience an effort to eradicate property taxes. Oklahoma Voice reports paperwork was filed with the Oklahoma Secretary of State to launch an initiative petition that would let voters decide on the reduction and eventual...
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
In order to pay for a typical Ontario home, families earning the local median income need to devote more than 50% of their after-tax earnings to monthly mortgage payments if they live in the province’s 14 urban centers – and that share rises to more than 110% if they...
The Mississippi Museum of Art has acquired a Frank Lloyd Wright-designed property in the state capital of Jackson. WLOX reports the Usonian-style residence and its furnishings were designed by Wright in 1948 and was completed in 1954 as the home of for oil industry...
