Commercial Real Estate
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
Brady Welch Named Interim CEO at Toronto’s Slate Office REIT
Welch will replace Steve Hodgson, who is stepping down to pursue other opportunities, effective May 12. Continue Reading Brady Welch Named Interim CEO at Toronto’s Slate Office REIT
Sam Zell: Working from Home is a ‘Bunch of Bulls**t’
“Young people need to develop their skills and you can’t develop those skills if you’re not in the office,” Zell said. Continue Reading Sam Zell: Working from Home is a ‘Bunch of Bulls**t’
Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
360 Bed Bath & Beyond stores and 120 Buy Buy Baby shops will be closed by June 30. Continue Reading Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
Commercial Real Estate Lending Volumes Up 14.5%
The volume of loans originated against commercial real estate (CRE) during 2022 reached a record peak of $861.96 billion, according to new data from Trepp Inc. Continue Reading Commercial Real Estate Lending Volumes Up 14.5%
Legalized Cannabis and Real Estate: Still a Work in Progress
Cannabis-focused businesses are mostly shunned by banks. Continue Reading Legalized Cannabis and Real Estate: Still a Work in Progress
Rockefeller Center Office Space to Become New Luxury Hotel
If approved, the hotel will open in 2026. Continue Reading Rockefeller Center Office Space to Become New Luxury Hotel
UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
“This entitled land provides us with a pipeline of new sites to generate profitable sales and should result in improved operating results,” said Samuel A. Landy, president and CEO at UMH Properties. Continue Reading UMH Properties Pays $2.3M for 30-Acre Ohio Manufactured Housing Site
New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Chalme and Blanco launched Paradigm after coordinating one-off asset management and advisory assignments for lenders. Continue Reading New Consulting Firm Seeks to ‘Stabilize and Preserve the Value of New York City Assets’
Market Snapshot: US Office Sector
Occupied space per office-using worker is 12% below the 2015 level and has sunk to a record low. Continue Reading Market Snapshot: US Office Sector
Private-Label CMBS Issuance Down in Q1
Trepp’s CMBS Delinquency Rate was down in March. Continue Reading Private-Label CMBS Issuance Down in Q1
Recent Posts
Mamdani Publishes Searchable Database with Names and Addresses of Pied-à-Te…- Lone Star Funds Acquires Premier Place, 20-Story Dallas Office Tower
- Mast Capital and Koch Real Estate Investments Acquire Florida Keys Resort
- New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Se…
- Chris Maingot Joins National Health Investors in New Chief Operating Office…
