The real estate developer Tishman Speyer is venturing into the data center sector with its first industrial project in Europe. The company has signed definitive agreement with Samson AG to acquire an 807,000-square-foot location in Frankfurt for the development of a...
The developers of an initiative to bring an 8,000-seat soccer stadium to the New York State capital city of Albany are seeking public funding to finance their $300 million project. According to combined media reports, Ed and Lisa Mitzen, the founders of Business for...
The financially ailing Red Lobster restaurant chain is closing 48 of its 650 U.S. locations. Reports surfaced last month that Red Lobster was considering a Chapter 11 bankruptcy filing, but to date the company has not pursued this strategy. Thai Union Group acquired...
Maryland recorded 5,839 home sales in April, a 2.4% increase from 5,704 units one year earlier and the first year-over-year increase since August 2021, according to new data from Maryland Realtors. The total number of units pending grew 9% to 7,112 units. However,...
Four Mile Capital, a privately held real estate investment firm based in Louisville, Colorado, has entered the Omaha market with its acquisition of the Axis Apartments. The 320-unit, class-A apartment building is in Papillion, Nebraska, a southwestern suburb of Omaha,...
Rocket Mortgage LLC, a division of Detroit-headquartered Rocket Companies (NYSE:RKT), has reached a settlement with the U.S. Department of Housing and Urban Development (HUD) to resolve allegations that the company denied a mortgage loan application because the...
Hits and Misses for the Real Estate Week of May 11-15
