Commercial Real Estate
StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
The financial terms of the deal were not disclosed. Continue Reading StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
Indiana State Senate Approves Bill to Create a Stadium for the Chicago Bears
“Indiana is open for business and the Chicago Bears have taken notice,” said Gov. Mike Braun Continue Reading Indiana State Senate Approves Bill to Create a Stadium for the Chicago Bears
Hits and Misses for the Real Estate Week of April 29-May 3
This week’s Hits and Misses include a landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. Continue Reading Hits and Misses for the Real Estate Week of April 29-May 3
Fashion Retailer Rue21 Files for Bankruptcy, Plans to Close All Stores
The company declared bankruptcy in 2003 and 2017. Continue Reading Fashion Retailer Rue21 Files for Bankruptcy, Plans to Close All Stores
Cress Capital Acquires Denver Office Tower
The property was built in 1977 and underwent a major renovation in 2021. Continue Reading Cress Capital Acquires Denver Office Tower
National Park Service Approves Demolition of RFK Stadium
The stadium opened in 1961 as District of Columbia Stadium. Continue Reading National Park Service Approves Demolition of RFK Stadium
First National Realty Partners Acquires Phoenix Shopping Center
The transaction marks the firm’s entrance into Arizona and expands its presence into 26 states. Continue Reading First National Realty Partners Acquires Phoenix Shopping Center
CMBS Delinquency Rate Soars Above 5% for First Time Since September 2021
The office delinquency rate spiked by 80 basis points to 7.38%. Continue Reading CMBS Delinquency Rate Soars Above 5% for First Time Since September 2021
US Investors Buying Up Commercial Property Across London
Across the U.K., U.S. investors spent $3.8 billion on commercial real estate in the first quarter. Continue Reading US Investors Buying Up Commercial Property Across London
Walmart to Close Health Centers
The company added that it would continue to operate its pharmacies and vision centers. Continue Reading Walmart to Close Health Centers
Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
This plan shuts down efforts by WeWork co-founder and former chief executive Adam Neumann to regain control of the company. Continue Reading Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas
The developer LVXP stated the venue could become the home for a new NBA franchise. Continue Reading New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas
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