The self-storage company StorageMart has acquired a portfolio of 15 self-storage properties across New York City encompassing approximately 1.3 million net rentable square feet with 25,498 storage units and 121 parking spaces. The financial terms of the deal were not...
The owners of the Los Angeles house owned by Marilyn Monroe when she died 1962 have filed a lawsuit against the city for belatedly designating it a historic-cultural monument, thus preventing them from demolishing the property. Courthouse News reports Brinah Milstein...
A trio of financial services industry trade groups – the Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America – are lobbying the Trump administration to consider three actions that they claim could lower borrowing...
The campaign to bring the Chicago Bears to Northwest Indiana picked up more momentum in the Hoosier State’s legislature. NBC Chicago reports Indiana’s Senate passed SB 27 on Wednesday that creates the Northwest Indiana Stadium Authority. The new agency will be...
Van Metre Companies, a Fairfax, Virginina-based real estate development, construction, and investment firm focused on the Mid-Atlantic region, has promoted Mike Dunleavy to CEO, effective immediately. Dunleavy succeeds Rick Rabil, who is retiring after nearly two...
After three consecutive rate cuts, the Federal Reserve hit the pause button to keep the federal funds rate at 3.5% to 3.75%. The central bank’s Federal Open Market Committee had two dissenters on the rate decision, with Fed Govs. Stephen I. Miran and Christopher J....
Hits and Misses for the Real Estate Week of March 23-27
