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Kingsbarn Realty Capital Acquires Pennsylvania Medical Clinic

Kingsbarn Realty Capital Acquires Pennsylvania Medical Clinic

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Las Vegas-headquartered Kingsbarn Realty Capital has acquired a new single-tenant, net-lease medical clinic in Macungie, Pennsylvania. The property, known as Health Center at Macungie by LVHN (Lehigh Valley Health Network), was constructed in 2023 and features a...
BurgerFi Files for Bankruptcy, To Close 67 Eateries

BurgerFi Files for Bankruptcy, To Close 67 Eateries

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fort Lauderdale-headquartered BurgerFi International (NASDAQ: BFI), the parent company of BurgerFi and Anthony’s Coal Fired Pizza, has filed for Chapter 11 bankruptcy. BurgerFi was founded in 2011 and went public in 2020, acquiring Anthony’s Coal Fired Pizza &...
Ohio Governor Rushes State Support to City Burdened with Haitian Migrant Influx

Ohio Governor Rushes State Support to City Burdened with Haitian Migrant Influx

by Phil Hall | Sep 11, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Ohio Gov. Mike DeWine announced that he is sending law enforcement and state into the city of Springfield following reports of unrest created by an influx of Haitian migrants. According to combined media reports, the Ohio State Highway Patrol will assist Springfield...
Ascendant Development Completes Luxury High-Rise in Nashville

Ascendant Development Completes Luxury High-Rise in Nashville

by Phil Hall | Sep 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ascendant Development has announced the completion of Haven at Charlotte, a 369-unit high-rise luxury apartment community in Nashville. The 11-story property features seven residential stories atop a four-story parking podium, providing a range of unit sizes from 516...
Brennan Investment Group Acquires 17-Building Industrial Portfolio

Brennan Investment Group Acquires 17-Building Industrial Portfolio

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Chicago-based real estate investment, has acquired Yorkbrook Business Park, a 17-building industrial portfolio located in Lombard, Illinois. The portfolio covers 740,000 square feet across the 17 individual buildings and is located on...
Mortgage Application Activity and Credit Availability Record Upticks

Mortgage Application Activity and Credit Availability Record Upticks

by Phil Hall | Sep 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports from the Mortgage Bankers Association (MBA) pointed to positive developments in the home loan market. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.4% on a seasonally adjusted basis in the week...
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