Commercial Real Estate
Hits and Misses for the Real Estate Week of May 11-15
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. Continue Reading Hits and Misses for the Real Estate Week of May 11-15
Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
“Mayor Bibb has serious concerns about hyperscale, standalone data centers being placed in residential neighborhoods,” said the mayor’s office in a statement. Continue Reading Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood
Singapore Real Estate Investment Firm Pays $21.4 Million for Connecticut Shopping Plaza
The deal marks the company’s first transaction in Connecticut. Continue Reading Singapore Real Estate Investment Firm Pays $21.4 Million for Connecticut Shopping Plaza
Hits and Misses for the Real Estate Week of Jan. 19-23
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s new mayor has a plumbing update. Continue Reading Hits and Misses for the Real Estate Week of Jan. 19-23
Private-Label CMBS Market Issuance Up 21% During 2025
“The average size of a SASB deal in 2025 was $718.9 million,” said Orest Mandzy, managing editor of Trepp’s CRE Direct. Continue Reading Private-Label CMBS Market Issuance Up 21% During 2025
Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Roughly two-thirds of the properties are spread across Atlanta and Texas. Continue Reading Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The MOU also includes the creation of new facilities for Hillsborough College, which has 180 days to negotiate and approve a final agreement with the team. Continue Reading Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
Women’s Fashion Retailer Francesca’s to Close All Stores
The chain has more than 450 stores in 45 states, with 3,400 employed as associates. Continue Reading Women’s Fashion Retailer Francesca’s to Close All Stores
UK Approves China’s Mega-Embassy in London
China purchased the building – the former site for the Royal Mint – in 2018 for $312 million. Continue Reading UK Approves China’s Mega-Embassy in London
Connecticut Freezes Property Tax Assessments on Farmland
Gov. Ned Lamont ordered the revocation of the 2025 Recommended Land Use Values and Best Practices for farmland. Continue Reading Connecticut Freezes Property Tax Assessments on Farmland
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
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