Commercial Real Estate
Connecticut Theater Shuttered for 52 Years is Sold for $250,000
The new owner plans to renovate the space into an entertainment and music venue, with a reopening planned for 2027. Continue Reading Connecticut Theater Shuttered for 52 Years is Sold for $250,000
Kroger Taps Walmart Executive as New CEO
Foran was previously CEO of the US division of Walmart and earlier in his career he was CEO of Air New Zealand. Continue Reading Kroger Taps Walmart Executive as New CEO
Grosvenor Donates $250K to PREA Programs to Encourage Commercial Real Estate Careers
Funds will be distributed over five years to PREA Foundation to support two programs designed to introduce students to the fundamentals of commercial real estate. Continue Reading Grosvenor Donates $250K to PREA Programs to Encourage Commercial Real Estate Careers
Hits and Misses for the Real Estate Week of Aug. 14-18
Warren Buffett’s investment in homebuilding stocks, a derelict home offered to buyers for a dollar, and a halt to construction on a San Francisco tower. Continue Reading Hits and Misses for the Real Estate Week of Aug. 14-18
David Zackowitz to lead real estate investments at Greenbacker Capital Management
He was previously a managing director at Blackstone, the world’s largest alternative assets manager. Continue Reading David Zackowitz to lead real estate investments at Greenbacker Capital Management
Real Estate Attorney David Herman Joins McDermott Will & Emery as Partner
Herman’s law practice is focused on commercial real estate transactions across the full spectrum of asset classes. Continue Reading Real Estate Attorney David Herman Joins McDermott Will & Emery as Partner
Colliers Names Badal Yagnik as CEO for India
Before joining Colliers, he was a managing director at Cushman & Wakefield. Continue Reading Colliers Names Badal Yagnik as CEO for India
CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand
CBRE pointed out a 1.2% year-over-year decline in demand during the second quarter, the first decline since the post-pandemic recovery began two years earlier. Continue Reading CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand
Commercial/Multifamily Mortgage Originations Down 53% From Last Year
Decreases in originations for all major property types led to the year-over-year decline. Continue Reading Commercial/Multifamily Mortgage Originations Down 53% From Last Year
Newmark Launches Data Center and Digital Infrastructure Practice Group
Newmark has hired Brent Mayo as executive managing director of the practice group. Continue Reading Newmark Launches Data Center and Digital Infrastructure Practice Group
Former Greek Orthodox Church Becomes Home for Indianapolis Opera
“Organizers raised over $4 million to make repairs for reuse of the old church,” said the opera company. Continue Reading Former Greek Orthodox Church Becomes Home for Indianapolis Opera
NNN REIT Promotes Jonathan A. Adamo to EVP of Portfolio Operations
Adamo joined NNN in April 2003 and currently serves as senior vice president and head of portfolio operations. Continue Reading NNN REIT Promotes Jonathan A. Adamo to EVP of Portfolio Operations
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