Commercial Real Estate
Connecticut Freezes Property Tax Assessments on Farmland
Gov. Ned Lamont ordered the revocation of the 2025 Recommended Land Use Values and Best Practices for farmland. Continue Reading Connecticut Freezes Property Tax Assessments on Farmland
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
CMBS Delinquency Rate Drops to 4.67%
Retail and office properties were the only sectors recording delinquency rate declines. Continue Reading CMBS Delinquency Rate Drops to 4.67%
Madison International Realty Opens First Asian Office in Singapore
Yichao Mark has been appointed head of Asia to lead efforts in the region. Continue Reading Madison International Realty Opens First Asian Office in Singapore
Hits and Misses for the Real Estate Week of March 25-29
In the spotlight: The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. Continue Reading Hits and Misses for the Real Estate Week of March 25-29
Alamo Drafthouse Cinema Chain Reportedly Up for Sale
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
The combined portfolio comprises 48 properties within infill submarkets in Los Angeles and Orange counties. Continue Reading Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
The company now has a 33.8% office vacancy rate, which it attributed to slow growth and layoffs Continue Reading Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
North Las Vegas Repurchases Land from Abandoned Medical Property Development
spokesperson for the city said the developer did not provide a reason why the construction never happened. Continue Reading North Las Vegas Repurchases Land from Abandoned Medical Property Development
Brennan Investment Group Begins Construction on Texas Cross-Dock Facility
The facility, which will encompass 393,796 square feet, is expected to be completed by December. Continue Reading Brennan Investment Group Begins Construction on Texas Cross-Dock Facility
Guest Opinion: Stop China From Buying US Agricultural Land
China doesn’t allow American companies to own their land – they don’t even allow their people to own land. Continue Reading Guest Opinion: Stop China From Buying US Agricultural Land
Self-Storage Sector Continues to Face Negative Street Rate Growth
“There is hope that a turnaround in the housing market later this year or early 2025,” said the Yardi Matrix report. Continue Reading Self-Storage Sector Continues to Face Negative Street Rate Growth
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