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Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The widow of Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs has broken a San Francisco record for the city’s most expensive home purchase. The Wall Street Journal, citing unnamed “people familiar with the transaction,” reports that Laurene Powell Jobs paid...
Macy’s Ends Acquisition Talks with Activist Investor Groups

Macy’s Ends Acquisition Talks with Activist Investor Groups

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Macy’s Inc. (NYSE: M) announced it has ended acquisition discussions with the activist investors Arkhouse Management Co. LP and Brigade Capital Management LP, citing a failure by the would-be suitors to offer “an actionable proposal with certainty of financing at a...
The Country Attracting the Most British Expatriates Is…

The Country Attracting the Most British Expatriates Is…

by Phil Hall | Jul 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An estimated half-million Britons left the UK during 2023, but where did the go? A new study by the international moving company comparison website Compare My Move has traced where this new wave of British expatriates is heading. Spain is the most popular destination...
KKR Acquires Houston Industrial Logistics Park for $234 Million

KKR Acquires Houston Industrial Logistics Park for $234 Million

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global investment firm KKR (NYSE:KKR) has acquired Park 8Ninety, a 12-building industrial logistics park in Houston, from Artis Real Estate Investment Trust (OTCMKTS: ARESF) for approximately $234 million. The acquired property is a 1.8 million-square-foot master...
NYPD Boosts Security Around Trump Properties Following Assassination Attempt

NYPD Boosts Security Around Trump Properties Following Assassination Attempt

by Phil Hall | Jul 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York Police Department is increasing patrols at the Manhattan properties owned by former President Donald Trump following yesterday’s assassination attempt at a Trump election rally in Pennsylvania. Deputy Mayor Fabien Levy announced the police action on X...
Hits and Misses for the Real Estate Week of July 8-12

Hits and Misses for the Real Estate Week of July 8-12

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A proposed sales tax hike to finance Denver’s affordable housing, a bumbling response to Hurricane Beryl and too many empty offices in San Francisco. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 8-12. Miss: Rocky...
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