Commercial Real Estate
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
Nautilus 220 features 330 condominium residences in two 24-story towers. Continue Reading Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
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
Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
Jaeger would often describe himself as “just a plumber from the Ninth Ward.” Continue Reading Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77
CBRE to Combine Project Management Business with Turner & Townsend Subsidiary
The combined business will be led by Turner & Townsend CEO Vincent Clancy. Continue Reading CBRE to Combine Project Management Business with Turner & Townsend Subsidiary
Hits and Misses for the Real Estate Week of June 17-21
Disappointing housing and personal finance data reports, property tax breaks for an unlikely business and a land transfer that rights a historic wrong. Continue Reading Hits and Misses for the Real Estate Week of June 17-21
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