Commercial Real Estate
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The Roosevelt opened in 1924 and has more than 1,000 rooms. Continue Reading US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
Boston Approves New Seaport District Hotel Across from Menino Center
The new hotel will join the existing Aloft and Element Boston Seaport hotels as the newest component of a 968-key hotel and retail campus. Continue Reading Boston Approves New Seaport District Hotel Across from Menino Center
New Commercial Real Estate Platform Connects National Retailers with Rural Markets
CUSCO will target markets in the South, Southeast and Midwest. Continue Reading New Commercial Real Estate Platform Connects National Retailers with Rural Markets
First National Realty Partners Acquires Illinois Retail Center
The financial terms of this off-market acquisition were not disclosed. Continue Reading First National Realty Partners Acquires Illinois Retail Center
Tokenization Platform RedSwan CRE Secures FINRA Membership
“Tokenization will prove to be a game changer for the commercial real estate capital markets,” said Will Powers, president of RedSwan Markets. Continue Reading Tokenization Platform RedSwan CRE Secures FINRA Membership
Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex
The new complex would include two hotels, multifamily housing, several restaurants and 165,000 square feet of retail. Continue Reading Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex
Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank
The 2,000-loan portfolio is being sold for $2.9 billion. Continue Reading Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank
Hits and Misses for the Real Estate Week of May 13-17
Questioning Biden’s homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. Continue Reading Hits and Misses for the Real Estate Week of May 13-17
Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations
The agreement was signed with StarMatt Corporation, a Florida-based real estate and franchise development company. Continue Reading Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations
Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
The new firm will initially focus on Section 1031 exchange offerings. Continue Reading Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform
SBL Edge is designed for borrowers in the multifamily, manufactured housing and self-storage sectors. Continue Reading Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform
CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024
CBRE expects RevPAR to achieve a nominal record of $101.20 this year, representing 115% of pre-pandemic levels in 2019. Continue Reading CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024
