Commercial Real Estate
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The 600,000-square-foot shopping destination features retailers such as Nordstrom Rack, Dick’s, Marshalls, Ross, Planet Fitness, and Barnes and Noble. Continue Reading Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023
MBA is also predicting a 2024 rebound with $856 billion in total commercial real estate lending. Continue Reading MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023
Smaller Businesses Continue to Struggle with Rent Payments
Maryland had the highest SMB rent delinquency rate at 55%. Continue Reading Smaller Businesses Continue to Struggle with Rent Payments
Kensington Vanguard Acquires James P. Lazar PC
This is the 29th acquisition transaction in Kensington Vanguard’s corporate history. Continue Reading Kensington Vanguard Acquires James P. Lazar PC
Andrea Grigg Named Senior Managing Director for CBRE Hotels
Grigg joins CBRE from JLL, where she spent the last 16 years as a leader in the firm’s hotel asset management practice. Continue Reading Andrea Grigg Named Senior Managing Director for CBRE Hotels
CMBS Delinquency Rate Rises to 4.41%
July’s delinquency rate is the highest level since December 2021. Continue Reading CMBS Delinquency Rate Rises to 4.41%
Federal Funding Sought to Restore Fire-Damaged Wright Brothers Factory
The City of Dayton bought the property in 2018 and it was listed on the National Register of Historic Places in the following year. Continue Reading Federal Funding Sought to Restore Fire-Damaged Wright Brothers Factory
Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce
She was most recently the executive vice president and chief credit officer of Santa Cruz County Bank. Continue Reading Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce
MBA: $480.1 Billion in Multifamily Mortgages During 2022
Last year’s total was generated by 2,242 lenders. Continue Reading MBA: $480.1 Billion in Multifamily Mortgages During 2022
San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ
The city said it received 24 complaints about the sign. Continue Reading San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ
Lisa Yeh Named President of Sentral
Sentral, a Los Angeles-headquartered residential hospitality company, promoted Lisa Yeh to president, effective today. Continue Reading Lisa Yeh Named President of Sentral
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