Commercial Real Estate
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Denver City Council Approves $70 Million for New Soccer Stadium
The $70 million budgeted for the project came from moving several projects out of the capital improvement fund. Continue Reading Denver City Council Approves $70 Million for New Soccer Stadium
Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
The lease at Arrowhead Stadium, their home since 1972, expires in 2030. Continue Reading Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
Trump Suspends Leases on 5 Offshore Wind Projects
Interior Secretary Doug Burgum called the projects “expensive, unreliable, heavily subsidized offshore wind farms.” Continue Reading Trump Suspends Leases on 5 Offshore Wind Projects
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
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...
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
Illinois Gov. JB Pritzker has been skeptical of the new stadium project. Continue Reading Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
WWE’s Former HQ Approved for Conversion into Apartment Complex
The four-story building, nicknamed “Titan Towers,” was constructed in 1981 on a parcel just off I-95. Continue Reading WWE’s Former HQ Approved for Conversion into Apartment Complex
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
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