Commercial Real Estate
Sterling Organization Acquires Connecticut Shopping Center
The property is anchored by the Stop & Shop grocery store and includes a mix of national and regional tenants. Continue Reading Sterling Organization Acquires Connecticut Shopping Center
Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
“If done correctly, it’s a win, win, win, win, win,” said Lt. Gov. Denny Heck. Continue Reading Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Signa teamed with New York City-based RFR Holding to purchase the Chrysler Building in 2019 for roughly $150 million. Continue Reading Bankrupt Austrian Company May Be Forced to Sell Stake in NYC’s Chrysler Building
Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
He was most recently senior vice president of acquisitions and development for Hospitality Ventures Management Group. Continue Reading Sameer Nair Joins Peachtree Group as SVP of Equity Asset Management
Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Boruch “Barry” Drillman pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Pleads Guilty to $165 Million Mortgage Fraud Conspiracy
Hits and Misses for the Real Estate Week of Dec. 11-15
This week’s Hits and Misses include the Fed’s mixed messaging, Dolly Parton’s embrace of commercial real estate and startling new data on homelessness. Continue Reading Hits and Misses for the Real Estate Week of Dec. 11-15
Change of Leadership at Brixmor Property Group
Angela M. Aman is leaving Brixmor to accept the position of CEO at Kilroy Realty Corp. Continue Reading Change of Leadership at Brixmor Property Group
Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion
Commercial banks continue to hold the largest share (38%) of commercial/multifamily mortgages at $1.8 trillion. Continue Reading Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion
Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate
The new fund will target a fundraise of $150 million-plus from limited partners globally, with $25 million in capital already committed. Continue Reading Atlantic Equity Partners Launches Fund II to Decarbonize Hospitality Real Estate
St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
“It is our hope that the money will go to the continued upkeep of the Cathedral,” said Joseph Zwilling, director of communications for the Archdiocese of New York. Continue Reading St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
The company expected to emerge from bankruptcy by early February. Continue Reading PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
“This project has truly been a labor of love,” said Michael F. Harrah, founder and president. Continue Reading Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
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Hits and Misses for the Real Estate Week of June 15-19- New Jersey Real Estate Developer Charged with Bribing City Workers and Sell…
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