Commercial Real Estate
New Mexico State Fair Site to be Redeveloped with Housing and a Stadium
The project can only proceed as designed if several privately owned parcels at the southwest corner of the fairgrounds can be acquired. Continue Reading New Mexico State Fair Site to be Redeveloped with Housing and a Stadium
Investor Consortium Acquires Montreal’s Historic Windsor Station
The 326,000-square-foot Windsor Station opened in 1889 and served as the headquarters of the Canadian Pacific Railway until 1996. Continue Reading Investor Consortium Acquires Montreal’s Historic Windsor Station
Kaiser Permanente Unit Acquires North Carolina Hospital System
The financial aspects of the proposed acquisition were not disclosed. Continue Reading Kaiser Permanente Unit Acquires North Carolina Hospital System
Healing Realty Trust Raises $25M in Series A Funding Round
The company said the funding will be used to acquire three operating healthcare facilities. Continue Reading Healing Realty Trust Raises $25M in Series A Funding Round
CBRE Acquires Data Center Infrastructure Provider Direct Line Global
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Multifamily mortgage debt alone increased to $2.10 trillion from the fourth quarter of 2023. Continue Reading Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
Aron Puretz faces a maximum penalty of five years in prison. Continue Reading Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
Former Illinois Hospital to Be Auctioned in Bankruptcy Sale
The former St. Margaret’s Health Hospital encompasses a five-story former hospital plus an adjacent two-story medical office. Continue Reading Former Illinois Hospital to Be Auctioned in Bankruptcy Sale
West Virginia’s ‘Castle of the Coalfields’ Relisted at $250K
The 23,000-square-foot complex in Itmann, West Virginia, is on National Register of Historic Places. Continue Reading West Virginia’s ‘Castle of the Coalfields’ Relisted at $250K
Connecticut Allocates $8 Million to Remediate Land for Proposed Minor League Soccer Stadium
Tech millionaire André Swanston said his stadium project will need “some level of state support.” Continue Reading Connecticut Allocates $8 Million to Remediate Land for Proposed Minor League Soccer Stadium
Hits and Misses for the Real Estate Week of June 10-14
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of June 10-14
Hotel Void to Be Filled in Connecticut’s Largest City
Bridgeport’s last hotel, a Holiday Inn, closed in January 2022. Continue Reading Hotel Void to Be Filled in Connecticut’s Largest City
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