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Embattled CEO of Steward Health Care to Step Down

Embattled CEO of Steward Health Care to Step Down

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The financially frayed Steward Health Care announced that Ralph de la Torre will step down as CEO and chairman on Oct. 1. Reuters reported that a spokesperson for de la Torre confirmed that he “has amicably separated from Steward on mutually agreeable...
Hits and Misses for the Real Estate Week of Sept. 23-27

Hits and Misses for the Real Estate Week of Sept. 23-27

by Phil Hall | Sep 27, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kamala Harris talks about housing, Kmart disappears from the retail scene and an Oscar nominee turns landlord. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 23-27. Miss: Another Bowl of Word Salad. Vice President...
Helene Rips Through Southeast, Leaving at Least 25 Dead

Helene Rips Through Southeast, Leaving at Least 25 Dead

by Phil Hall | Sep 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Hurricane Helene made landfall as a Category 4 storm last night across a sparsely populated region in Florida’s rural Big Bend area and has transitioned into a tropical storm barreling across the Southeast. According to combined media reports, as of 2:00 p.m. EDT, the...
Title Resources Group Acquires Doma

Title Resources Group Acquires Doma

by Phil Hall | Sep 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Title Resources Group (TRG), the Dallas-headquartered title insurance underwriter, announced its acquisition of the San Francisco-based real estate technology company Doma Holdings Inc. (NYSE: DOMA). The financial terms of the deal were not disclosed. Doma’s...
Sterling Organization Purchases 3-Property Retail Portfolio for $180.5 Million

Sterling Organization Purchases 3-Property Retail Portfolio for $180.5 Million

by Phil Hall | Sep 27, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sterling Organization, a private equity real estate investment firm focused on retail property assets, has announced the acquisition of a three-property portfolio from SITE Centers for $180.5 million. The portfolio consists of Fairfax Towne Center, a...
Construction Begins on Kentucky’s First Quarter Horse Racetrack

Construction Begins on Kentucky’s First Quarter Horse Racetrack

by Phil Hall | Sep 27, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Construction has begun on a $10 million horse racetrack in Ashland, Kentucky, which will become the state’s only venue dedicated to quarter horse racing. The new Sandy Ridge racetrack is being built on 182 acres behind Sandy’s Gaming, a $75 million entertainment...
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