Commercial Real Estate
St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
Elliott pleaded guilty in November in U.S. District Court to two counts of wire fraud. Continue Reading St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
“Here in Illinois, we continue to have really positive discussions with the Chicago Bears,” he stated. Continue Reading Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
Saks Fifth Avenue Parent Buys Neiman Marcus for $2.65 Billion
HBC’s Canadian business will be recapitalized as a standalone entity, separate from Saks Global. Continue Reading Saks Fifth Avenue Parent Buys Neiman Marcus for $2.65 Billion
Contractors Named for New Virginia Baseball Stadium
The Richmond Flying Squirrels, the Double-A Eastern League affiliate of the San Francisco Giants, has selected Rhode Island-based Gilbane Building Co. and Massachusetts-based Prestige Construction Group to construct a new stadium in Richmond, Virginia. According to...
CMBS Delinquency Rate Swings Back Above 5% Mark
Year-over-year, the overall CMBS delinquency rate is up by 145 basis points. Continue Reading CMBS Delinquency Rate Swings Back Above 5% Mark
Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations
Founded in 1954 as Bob’s Surplus, the company grew to a 34-store chain by 1996. Continue Reading Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations
Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development
He was previously CEO of Radisson Hotel Group Americas. Continue Reading Hotel Executive Jim Alderman Joins Airbnb as Head of Residential Development
Hits and Misses for the Real Estate Week of June 24-28
This week’s Hits and Misses include the presidential debate, a growing disenchantment with homeownership and an effort to repopulate rural Italy. Continue Reading Hits and Misses for the Real Estate Week of June 24-28
Gildred Companies Roll Out Summer Internship Program
The new program includes one position in accounting and one in property management. Continue Reading Gildred Companies Roll Out Summer Internship Program
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
The company has not decided on the exact number of locations to shutter. Continue Reading Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
The football team is pursuing a Plan B by shifting the potential stadium into the suburban village of Arlington Heights. Continue Reading Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
Hyatt Adds Two Hotels to New Orleans Portfolio
Maison Métier and The Barnett are located on Carondelet Street, just one block from Lafayette Square. Continue Reading Hyatt Adds Two Hotels to New Orleans Portfolio
