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Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
Michael Sartori Promoted to CFO at Dynex Capital

Michael Sartori Promoted to CFO at Dynex Capital

by Phil Hall | Mar 2, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dynex Capital Inc. (NYSE: DX), a Glen Allen, Virginia-headquartered real estate investment trust focused on residential and commercial mortgage-backed securities, has promoted Michael Sartori to chief financial officer (CFO). Sartori succeeds Robert Colligan as CFO....
Hits and Misses for the Real Estate Week of February 23-27

Hits and Misses for the Real Estate Week of February 23-27

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A lack of housing policy ideas in the State of the Union, a theater chain weighing closing more locations, and a city losing millions in consulting fees over a failed museum project. From the wild and woolly world of real estate, here are our Hits and Misses for the...
Indianapolis’ Martin University Campus Listed at $3.5 Million

Indianapolis’ Martin University Campus Listed at $3.5 Million

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Indianapolis campus for the recently shuttered Martin University has been listed for sale at $3.5 million. The Indianapolis Recorder reports the listing encompasses the approximately 8-acre campus plus nine small parcels of land near the campus that are owned by...
Historic Minneapolis Skyscraper Sells for $1

Historic Minneapolis Skyscraper Sells for $1

by Phil Hall | Feb 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Minneapolis’ historic Lumber Exchange building is being sold in a $1 transaction. Twin Cities Business reports the 12-story, 225,569-square-foot property is being acquired by Kristi Oman, owner of Space Unlimited, a Minneapolis real estate company focused on restoring...
Mustafa Abbasi Named President of Sotheby’s International Realty Canada

Mustafa Abbasi Named President of Sotheby’s International Realty Canada

by Phil Hall | Feb 27, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty Canada announced the appointment of Mustafa Abbasi as president. He succeeds Effi Barak, who has served as interim president since April 2025. Abbasi was the founding president and chief operating officer of the Zolo real estate...
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