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
Nearly One-Third of San Francisco’s Office Properties are Vacant
CBRE Director Colin Yasukochi acknowledged the city’s deteriorating quality of life is contributing to the dilemma. Continue Reading Nearly One-Third of San Francisco’s Office Properties are Vacant
FHA Increases Threshold on Multifamily Large Loans
This marked the first increase in the multifamily loan threshold since 2014. Continue Reading FHA Increases Threshold on Multifamily Large Loans
Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT
A company owned by Charles Kushner, the father of former President Donald Trump’s son-in-law and one-time political advisor Jared Kushner, has made an unsolicited offer to buy a real estate investment trust. K Corp Acquisitions LLC, owned by Charles Kushner, reached...
Tim Gallagher Named Head of Commercial Real Estate at M&T Bank
Gallagher joins M&T from Slate Asset Management, where he was managing director. Continue Reading Tim Gallagher Named Head of Commercial Real Estate at M&T Bank
Lance Brown Steps Down as CFO at Harbor Custom Development
the company said it will promote Yoshi Niino, director of accounting since February 2022, to chief accounting officer effective July 21. Continue Reading Lance Brown Steps Down as CFO at Harbor Custom Development
Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Prologis President Dan Letter said the “high-quality properties are complementary to our portfolio.” Continue Reading Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Mexican Real Estate Company Vesta Launches US IPO
Vesta’s ADSs have been approved for listing on the New York Stock Exchange under the ticker symbol “VTMX.” Continue Reading Mexican Real Estate Company Vesta Launches US IPO
Hits and Misses for the Real Estate Week of June 19-23
Americans are looking for Italian properties while Britons are looking at higher mortgage payments. Continue Reading Hits and Misses for the Real Estate Week of June 19-23
Silverstein Properties Applies for License to Create NYC Casino
The company said the project would create 9,500 union jobs. Continue Reading Silverstein Properties Applies for License to Create NYC Casino
Santander Pledges $13.6 Billion for Community Reinvestment and Sustainable Finance
Santander Holdings USA Inc. announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance. According to the company, its commitment will be divided along these lines: $1.5 billion in small...
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