Jack in the Box Inc. (NASDAQ: JACK) is planning to close between 150 and 200 underperforming restaurants and has begun exploring the divestiture of its Del Taco brand. The company’s announcement is part of what the San Diego-based company called its “Jack on Track’...
The immersive tech company Infinite Reality has partnered with the real estate investment and development firm Sterling Bay on the development of a 60-acre site in Fort Lauderdale, Florida, to become a technology and entertainment campus. The project is slated to open...
Saks Fifth Avenue has become the latest major retailer to announce its departure from San Francisco’s Union Square after nearly 45 years at the location. According to combined media reports, the retailer’s five-floor store will close on May 10, less than a year after...
A lawyer representing New York Attorney General Letitia James called on the Department of Justice to reject a criminal referral by Federal Housing Finance Agency Director Bill Pulte that accused James of mortgage fraud. The Associated Press reports attorney Abbe...
New York State’s housing inventory inched up by 1% year-over-year, from 23,828 homes available in March 2024 to 24,067 homes on the market last month, while new listings jumped 8.8% from 11,377 homes in March 2024 to 12,380 units last months. But according to the New...
Florida recorded 23,128 closed sales of existing single-family homes during March, down 1.3% year-over-year, while existing condo-townhouse sales totaled 8,414, down 9.8% from one year earlier. According to data from Florida Realtors, the statewide median sales price...
Hits and Misses for the Real Estate Week of April 6-10
