Commercial Real Estate
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’
“It’s not nearly as bad as it was in 2008,” he said. Continue Reading Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’
Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Avison Young insisted “the rewards could be endless” from office-to-residential conversions. Continue Reading Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing
Vessel Technologies Brings Franchising to Multifamily Housing Sector
Prior experience in apartment building management is not required for franchisees. Continue Reading Vessel Technologies Brings Franchising to Multifamily Housing Sector
First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
All of First Republic’s 84 offices in eight states will reopen today and its depositors will become customers of JPMorgan Chase Bank, Continue Reading First Republic Bank Seized by Regulators, Sold to JPMorgan Chase
European Commercial Real Estate Deals at 11-Year Low
Approximately $40.3 billion in transactions occurred during the quarter, down 62% from one year earlier. Continue Reading European Commercial Real Estate Deals at 11-Year Low
National Retail Properties Changing Name to NNN REIT
The company owns 3,411 properties in 48 states. Continue Reading National Retail Properties Changing Name to NNN REIT
Wells Fargo Teams with T.D. Jakes on Community Revitalization Endeavor
“We look forward to seeing the meaningful difference we’ll make together in communities across the country,” said Charlie Scharf, CEO of Wells Fargo. Continue Reading Wells Fargo Teams with T.D. Jakes on Community Revitalization Endeavor
Marriott Announces First 19 Projects in ‘Bridging the Gap’ Program
“We see hotel ownership as a powerful economic generator,” said Anthony Capuano, president and CEO of Marriott International. Continue Reading Marriott Announces First 19 Projects in ‘Bridging the Gap’ Program
Person of the Week: T. Dallas Smith, CEO of T. Dallas Smith & Co. in Atlanta
Smith recalls his barrier-breaking career in the new autobiography “In the Black: Changing the Dominant Narrative in the Commercial Real Estate Industry.” Continue Reading Person of the Week: T. Dallas Smith, CEO of T. Dallas Smith & Co. in Atlanta
JLL Income Property Trust Buys Louisville Logistics Center for $8.2 Million
Constructed in 2022, Louisville Logistics Center is leased through 2032 to UPS. Continue Reading JLL Income Property Trust Buys Louisville Logistics Center for $8.2 Million
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