Commercial Real Estate
Demolition Begins at Hawaii’s Aloha Stadium
The old stadium is being replaced by a 22,500-seat venue that will become home for the University of Hawaii Rainbow Warriors football program. Continue Reading Demolition Begins at Hawaii’s Aloha Stadium
Sen. Bernie Sanders Calls for Moratorium on Data Center Construction
Sen. Bernie Sanders (I-VT) has called for a halt to the construction of artificial intelligence (AI) data center, claiming the technology is developing too quickly and is creating environmental problems. “I will be pushing for a moratorium on the construction of data...
Hits and Misses for the Real Estate Week of Oct. 16-20
A Chinese agtech company is kicked out of Arkansas, a Fed officer feels your pain and a wild new building becomes a Las Vegas landmark. Continue Reading Hits and Misses for the Real Estate Week of Oct. 16-20
MBA Forecasts 46% Decline in Commercial and Multifamily Mortgage Activity for 2023
“The logjam in the commercial real estate markets that began last summer has remained firmly in place,” said MBA’s Jamie Woodwell. Continue Reading MBA Forecasts 46% Decline in Commercial and Multifamily Mortgage Activity for 2023
Architect Billings in Significant Decline During September
Architecture firms reported backlogs of 6.5 months on average, down from their peak of an average of 7.2 months in March 2022. Continue Reading Architect Billings in Significant Decline During September
Longpoint Realty Partners Closes Third Institutional Fund
“The fund will serve our logistics clients by creating functional warehouse nodes close to population centers,” said Dwight Angelini, managing and founding partner at Longpoint. Continue Reading Longpoint Realty Partners Closes Third Institutional Fund
Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland
“This is about where your loyalties lie,” Gov. Sanders said. Continue Reading Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland
Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer
“Choice’s offer is underwhelming, highly conditional, and subject to significant business, regulatory and execution risk,” said Wyndham Chairman Stephen P. Holmes. Continue Reading Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer
Mikael Nyberg Named Chief Operating Officer at LendingStandard
Nyberg was previously managing partner with Fenris Group LLC, where he provided property investment and management services. Continue Reading Mikael Nyberg Named Chief Operating Officer at LendingStandard
Historic Hotel del Coronado Receives $160 Million Restoration Investment
The property gained a level of pop culture immortality as the swanky setting of the 1959 classic “Some Like it Hot” starring Marilyn Monroe, Tony Curtis and Jack Lemmon. Continue Reading Historic Hotel del Coronado Receives $160 Million Restoration Investment
Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets
He was previously managing director for finance and capital markets at Hudson Realty Capital. Continue Reading Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets
Attorney Christian Hylton Joins Pryor Cashman’s Real Estate Group
He was previously with Phillips Nizer LLP as a partner and co-chairman of the land use and government relations practice. Continue Reading Attorney Christian Hylton Joins Pryor Cashman’s Real Estate Group
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