Colin Fitzgibbons, president of Dallas-based Hunt Realty Investments LLC and a prominent figure in the North Texas commercial real estate industry, has died at age 46. The cause of death was not announced. According to the Dallas News, Fitzgibbons had been combating...
Brixmor Property Group Inc. (NYSE: BRX), a New York City-based real estate investment trust with a national portfolio of open-air shopping centers, announced that CEO James M. Taylor Jr. will retire effective Jan. 1, 2026. Brian T. Finnegan, the company’s...
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,...
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
