Commercial Real Estate
Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Wendy’s said it could close between 5% and 6% of its US restaurants – 298 to 358 locations – during the first half of this year. Continue Reading Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Hits and Misses for the Real Estate Week of Feb. 9-13
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. Continue Reading Hits and Misses for the Real Estate Week of Feb. 9-13
Goldman Sachs Executive Joins ICG’s Real Estate Business
Greg Minson comes from Goldman Sachs, where he was most recently global chief operations officer for the real estate group. Continue Reading Goldman Sachs Executive Joins ICG’s Real Estate Business
Hits and Misses for the Real Estate Week of April 15-19
A trio of troubling housing market data reports, a new wave of Texas residents and an unlikely KISS tribute are in this week’s spotlight. Continue Reading Hits and Misses for the Real Estate Week of April 15-19
North Carolina Mobile Home Community Sells for $12.8 Million
Cape Fear Village opened in 2000 and spans 45.8 acres. Continue Reading North Carolina Mobile Home Community Sells for $12.8 Million
Utah’s Sundance Film Festival Seeks New Host Venue
Sundance has been held since 1981 in the luxury resort setting of Park City, Utah. Continue Reading Utah’s Sundance Film Festival Seeks New Host Venue
Commercial Real Estate Foreclosures Up 117% From Last Year
California had the highest number of commercial foreclosures last month at 187. Continue Reading Commercial Real Estate Foreclosures Up 117% From Last Year
Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
The financial terms of the transaction were not disclosed. Continue Reading Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council
Disney will also allocate $30 million for affordable housing and $8 million for city parks and continuing workforce programs in Anaheim. Continue Reading Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council
Blackstone Seeks Buyer for Motel 6 Lodging Chain
G6 Hospitality, which also owns the Studio 6 brand of extended-stay hotels, operates 1,400 locations across North America. Continue Reading Blackstone Seeks Buyer for Motel 6 Lodging Chain
Red Lobster Reportedly Considering Bankruptcy Filing
Red Lobster has 649 restaurants, primarily in the U.S. and Canada. Continue Reading Red Lobster Reportedly Considering Bankruptcy Filing
General Motors Reportedly Planning to Relocate from Detroit HQ Complex
General Motors (NYSE:GM) is reportedly considering a move from its iconic Detroit headquarters complex. The trade new site Autoblog, citing Associated Press and Bloomberg reports, stated the auto manufacturer is planning to relocate its headquarters to Hudson’s...
