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A Phil Hall Op-Ed: The Bears, The Browns, The Chutzpah

A Phil Hall Op-Ed: The Bears, The Browns, The Chutzpah

by Phil Hall | Oct 21, 2024 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last week, a pair of football teams were in the news for trying to lure taxpayer funding for their respective efforts to construct new domed stadiums. Earlier this year, the Chicago Bears raised the specter of a new $4.6 billion domed stadium, with...
New Partnership Seeks to Integrate Proptech in Real Estate Management

New Partnership Seeks to Integrate Proptech in Real Estate Management

by Phil Hall | Oct 21, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Institute of Real Estate Management (IREM), an organization representing property management professionals, has teamed with the Center for Real Estate Technology & Innovation (CRETI) on a strategic partnership to advance the integration of proptech in real...
The Milestone Group Acquires 2 Apartment Communities in Virginia

The Milestone Group Acquires 2 Apartment Communities in Virginia

by Phil Hall | Oct 21, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Milestone Group, a privately held real estate investment management firm, has acquired two apartment communities in Fredericksburg, Virginia, that encompass 676 units. Kensington Crossing has 476 one-, two- and three-bedroom units and Magnolia Falls features 200...
Farmland Partners Sells 46-Farm Portfolio for $289 Million

Farmland Partners Sells 46-Farm Portfolio for $289 Million

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Farmland Partners Inc. (NYSE: FPI), an internally managed real estate company focused on North American agricultural property, announced the $289 million sale of a portfolio to Farmland Reserve Inc., a nonprofit organization owned by The Church of Jesus Christ of...
Tishman Speyer Snags $3.5 Billion Refinancing for Rockefeller Center

Tishman Speyer Snags $3.5 Billion Refinancing for Rockefeller Center

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Tishman Speyer has secured a $3.5 billion commercial mortgage-backed securities (CMBS) loan to refinance Rockefeller Center. The loan is said to be the largest issuance ever for a single office asset – in this case, the 13-building, 7.3 million-square-foot campus in...
Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

by Phil Hall | Oct 21, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A federal judge ruled that the Bellevue, Washington-based real estate investment firm iCap defrauded hundreds of real estate investors through a Ponzi scheme. The Seattle Times reported Chief Judge Whitman Holt made the finding about iCap in bankruptcy court...
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