San Francisco’s beleaguered office property market received a boost of activity – albeit of a discounted nature – with the acquisition of the Market Center complex by restaurant franchise magnate Greg Flynn and the investment firm DRA Advisors. The property, which...
Now, here’s something that we don’t see every day: a professional sports team that is willing to pay for a new stadium without any public funding. The Wall Street Journal reports Major League Soccer’s Chicago Fire has reached a deal with its hometown’s officials to...
Hilco Real Estate Sales and Marcus & Millichap (NYSE: MMI) announced the sale of the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located directly on the Pacific Ocean at Newport, Oregon. The hotel was built in 1966 and spans nearly 2.5 acres...
An Australian real estate agency became the center of negative attention after offering tenants at one of their properties a week’s worth of free rent in exchange for a five-star review on Google. DailyMail.com reports that Ray White Rockhampton in Queensland emailed...
Douglas Elliman Inc. (NYSE: DOUG) is expanding its residential real estate brokerage services globally with the launch of Elliman International. The new endeavor will focus on high-demand luxury destinations in Latin America, the Middle East, Europe, Asia Pacific, and...
The Kansas City-based private investment firm Platform Ventures is rolling out a multifamily development unit focused on ground-up apartment development and construction. In a statement, the company said it was pursuing this strategy because it “believes multifamily...
Hits and Misses for the Real Estate Week of May 4-8
