Compass Inc. (NYSE: COMP) announced the addition of Tennessee-based Parks Real Estate into its brokerage network. Parks Real Estate, which includes the brand Pilkerton Realtors, employs over 1,500 agents and generated $6.25 billion in 2023 transaction. According to...
Two months after she stepped down as Secretary of Housing and Urban Development (HUD), Marcia Fudge has re-emerged as a partner in the prominent Taft law firm. Fudge will also serve as the law firm’s chairwoman of public policy. According to a press release from Taft,...
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,...
Hits and Misses for the Real Estate Week of June 8-12
