The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
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...
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....
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...
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...
Hits and Misses for the Real Estate Week of April 6-10
