Jackson, Mississippi-headquartered Trustmark National Bank announced the sale of its subsidiary Fisher Brown Bottrell Insurance Inc. (FBBInsurance) to Marsh & McLennan Agency LLC for $345 million in cash. In connection with the sale, current leadership and...
Industry Real Estate Partners, an Atlanta-headquartered commercial real estate services firm, has hired Matt Parisi as vice president. In his new job Parisi will focus on helping investors, developers, and corporations buy, sell, and lease office properties across the...
Roughly five months after the upscale grocery chains Foxtrot Market and Dom’s Kitchen & Market merged in an all-stock deal to become Outfox Hospitality, the combined entity announced the immediate closure of all 35 of its stores. The impacted location includes 33...
Nearly two out of five homeowners (38%) said they could not afford to buy their own home if they were purchasing it today, according to a new report from Redfin (NASDAQ: RDFN). In a February survey of nearly 3,000 U.S. residents, 59% of homeowners who answered...
The first standalone Four Seasons branded residences in Florida will be opening in Miami’s Coconut Grove. Four Seasons partnered with the real estate development firms CMC Group and Fort Partners on the Four Seasons Private Residences Coconut Grove. The new 20-story...
The judge who oversaw the Sitzer/Burnett lawsuit has granted preliminary approval to the National Association of Realtors’ (NAR) $418 million settlement. As part of the settlement, NAR will allocate the $418 million into a fund over a four-year period. NAR also agreed...
