The apparel company Rue21 has become the latest retailer to announce it is going out of business. The Warrendale, Pennsylvania-based company filed for Chapter 11 bankruptcy on Thursday – the company previously filed for bankruptcy in 2003 (when it was Pennsylvania...
The real estate investment firm Cress Capital has acquired The 410, a 24-story office building located in the Downtown Denver. The property at 410 17th St. is near the Colorado State Capitol and encompasses approximately 440,000 square feet of office space – including...
The Greater Toronto Area recorded 7,114 home sales during April, down 5% from last year, according to the Toronto Regional Real Estate Board (TRREB). This occurred while new listings were up 47.2% year-over-year. “Many homeowners are anticipating an increase in demand...
Fox News headliner Sean Hannity is making good on his claim that he’s “done” with New York by listing his Long Island mansion for $13.75 million. The Wall Street Journal reported Hannity acquired the property through a limited liability company in 2008 for $8.5...
The flooring retailer Floor & Decor (NYSE: FND) will be opening its first New York City store on May 6 in Brooklyn. Atlanta-headquartered Floor & Decor has 228 stores nationwide. The new 129,000-square-foot warehouse-format store will be based on the second...
The California Association of Realtors (CAR) has published an open letter in nearly 40 California newspapers designed to clarify the facts surrounding the recent settlements by the National Association of Realtors and several major brokerages regarding the homebuying...
Hits and Misses for the Real Estate Week of May 11-15
