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JLL Debuts Commercial Paper Program

JLL Debuts Commercial Paper Program

by Phil Hall | Jul 2, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations

Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations

by Phil Hall | Jul 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Bob’s Stores, a 70-year-old apparel and accessories retailer focused on the Northeast, has filed for Chapter 11 bankruptcy protection and has begun liquidation sales at its remaining stores. Founded in 1954 as Bob’s Surplus, the company grew to a 34-store...
A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’

A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’

by Phil Hall | Jul 1, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last Thursday’s presidential debate was, to be a charitable, a disaster for the incumbent. But from a housing standpoint, it offered a cruel but much-needed reality check on President Biden’s disconnect to the problems created by his...
NAR Supports New Biden Plan on Addressing Housing Affordability

NAR Supports New Biden Plan on Addressing Housing Affordability

by Phil Hall | Jul 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has given its support to several strategies proposed last week by the Biden administration to address the need to expand affordable housing opportunities. NAR specifically praised the proposal for a new Department of the...
Sotheby’s International Realty Expands in California’s Central Valley

Sotheby’s International Realty Expands in California’s Central Valley

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has expanded into California’s Central Valley with the addition of Valley Sotheby’s International Realty. Headquartered in Modesto, Valley Sotheby’s International Realty will serve the communities of Stanislaus,...
Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development

Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development

by Phil Hall | Jul 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Airbnb (NASDAQ:ABNB) has announced the appointment of hotel industry executive Jim Alderman as head of residential development. Alderman was previously a principal with Alderman Advisory, a consulting firm that he confounded. Earlier in his career, he was CEO of...
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