Commercial Real Estate
Macy’s to Close 14 Stores Across 12 States
The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. Continue Reading Macy’s to Close 14 Stores Across 12 States
Furniture Retailer Closing All 89 Stores
The Columbus, Ohio-based American Signature filed for Chapter 11 bankruptcy in November after nearly 80 years in business. Continue Reading Furniture Retailer Closing All 89 Stores
Robert Sutherland Named Head of Real Estate at Raymond James’ Canadian Division
Sutherland will oversee and lead the real estate sector for the firm’s investment banking team in Canada. Continue Reading Robert Sutherland Named Head of Real Estate at Raymond James’ Canadian Division
Person of the Week: Hedgeye’s Rob Simone Analyzes the Problems at Medical Properties Trust
“The company has been burning a tremendous amount of cash and it’s been trying to work its way out of this mess,” said Simone. Continue Reading Person of the Week: Hedgeye’s Rob Simone Analyzes the Problems at Medical Properties Trust
U-Haul to Open New Retail and Self-Storage Facility in Rapid City
The property will host a three-story building with more than 80,000 square feet. Continue Reading U-Haul to Open New Retail and Self-Storage Facility in Rapid City
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Judge Arthur Engoron also barred the Trump from serving as an officer or director of any New York corporation for three years. Continue Reading Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Hits and Misses for the Real Estate Week of Feb. 12-16
This week’s Hits and Misses considers the MBA chief’s take on Biden housing policies, Toronto mayor’s defense of a massive residential property tax and an unlikely setting for weddings. Continue Reading Hits and Misses for the Real Estate Week of Feb. 12-16
Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center
Westfield was awarded the operating rights in December 2013 and the hub opened nearly a year later. Continue Reading Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center
Michael Fritz Joins Dorsey & Whitney as a Partner in the Real Estate Group
Fritz’s practice focuses on commercial real estate and capital market transactions, as well as general corporate counseling. Continue Reading Michael Fritz Joins Dorsey & Whitney as a Partner in the Real Estate Group
Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million
The business park is currently 90% occupied and its anchor tenants include Bazooka, Dal-Tile, Progressive Insurance, Autopart International and Omnicare. Continue Reading Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million
Refinancing Secured for Landmark NYC Building
The property was built in 1932 as the offices of Cities Service Company (later known as Citgo). Continue Reading Refinancing Secured for Landmark NYC Building
Davidson Kempner Capital Management to Launch Commercial Real Estate Fund
Davidson Kempner Capital Management LP, a New York City-headquartered global institutional investment management firm, is planning to launch a fund dedicated to the commercial real estate sector. According to a Bloomberg report sourced from unnamed “people with...
Recent Posts
Hits and Misses for the Real Estate Week of June 15-19- New Jersey Real Estate Developer Charged with Bribing City Workers and Sell…
- CAPREIT Hires Harlan B. Krichman as President of Property Management
- MBA Opens Doors Foundation Reports Helping More Than 20,000 Families in 15 …
- FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
