Commercial Real Estate
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line
ElmTree Funds Debuts Early Investor Incentive Program
Investors who participate within the first 12 months of the offering will receive an additional 5% of their initial investment. Continue Reading ElmTree Funds Debuts Early Investor Incentive Program
Colorado Church Becomes First to Tokenize
One Hope seeks to raise $2.5 million in its first year as part of an initial phase to accredited investors. Continue Reading Colorado Church Becomes First to Tokenize
7-Eleven Parent Company Receives Acquisition Bid
If the deal goes through, it will create one of the world’s largest retail networks. Continue Reading 7-Eleven Parent Company Receives Acquisition Bid
Hyatt Sells Orlando Hotel for $1 Billion
The Hyatt Regency Orlando is the company’s fourth largest hotel globally by room count. Continue Reading Hyatt Sells Orlando Hotel for $1 Billion
BurgerFi Mulls Bankruptcy, With 100 Eateries Facing Closure
BurgerFi closed 14 restaurants during fiscal 2023 and another eight units in the first quarter this year. Continue Reading BurgerFi Mulls Bankruptcy, With 100 Eateries Facing Closure
Hits and Misses for the Real Estate Week of Aug. 12-16
This week’s Hits and Misses involve Kamala Harris’ housing plans, a new era in real estate commissions and a new assault on phony online reviews. Continue Reading Hits and Misses for the Real Estate Week of Aug. 12-16
T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
The company expects to create 200 jobs with the new store. Continue Reading T&T Supermarket, Canadian Asian Grocery Retailer, to Open First California Store
CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
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