Commercial Real Estate
Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation
Prior to joining Inland Investments, Fries was head of investment products and partner solutions at Cetera Financial Group. Continue Reading Matthew Fries Named CEO and President at Inland Real Estate Investment Corporation
Vanderbilt University to Expand Presence into San Francisco
Nashville-headquartered Vanderbilt University announced plans to establish an academic presence in San Francisco through the acquisition of the campus of the California College of the Arts (CCA). The financial aspects of the deal were not disclosed. CCA is planning to...
Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
The Biden agenda proposes increasing the corporate tax rate to 28% and the corporate minimum tax to 21%. Continue Reading Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Properties sold for $1.5 million or more would be forced to pay a 3% transfer tax, which is four times the current rate. Continue Reading Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Church of Jesus Christ of Latter-day Saints Acquires Historic Kirtland Temple
“We are deeply honored to assume the stewardship of these sacred places, documents, and artifacts,” said Russell M. Nelson, president of the Church of Jesus Christ of Latter-day Saints. Continue Reading Church of Jesus Christ of Latter-day Saints Acquires Historic Kirtland Temple
New York Community Bancorp to Receive Investment of More Than $1 Billion
The bank’s commercial real estate lending fueled its financial tumult. Continue Reading New York Community Bancorp to Receive Investment of More Than $1 Billion
420 Property Expanding Presence in Canada and Germany
Germany is moving towards legalizing cannabis for recreational use, a first for a major European country. Continue Reading 420 Property Expanding Presence in Canada and Germany
Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group
Levin joins Honigman from Ernst & Young LLP. Continue Reading Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group
Disney’s Bob Iger: ‘We Have Thousands of Acres of Land’ for Development
“We could actually build seven new, full lands if we wanted to, around the world,” he said. Continue Reading Disney’s Bob Iger: ‘We Have Thousands of Acres of Land’ for Development
Whole Foods Markets to Expand Urban Retail Presence
The new format, called Whole Foods Market Daily Shop, will be introduced later this year in New York City. Continue Reading Whole Foods Markets to Expand Urban Retail Presence
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB















