Commercial Real Estate
Connecticut Rejects Request for State Funds to Build New Soccer Stadium
The $127 million in public funding sought by tech millionaire André Swanston for the home of his Connecticut United Football Club was turned down. Continue Reading Connecticut Rejects Request for State Funds to Build New Soccer Stadium
Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Wendy’s said it could close between 5% and 6% of its US restaurants – 298 to 358 locations – during the first half of this year. Continue Reading Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Canopy Real Estate Partners Buys Denver-Area Retail Center for $15.8 Million
Gold’s Marketplace is 83% occupied with 17 tenants including Illegal Pete’s and Esters Neighborhood Pub. Continue Reading Canopy Real Estate Partners Buys Denver-Area Retail Center for $15.8 Million
Trump Offers to Help Resolve the Stalled Commanders Stadium Project
“If I can help them out, I would,” said Trump to reporters at the White House. Continue Reading Trump Offers to Help Resolve the Stalled Commanders Stadium Project
CMBS Issuance Up 35% During First Half of the Year
Trepp reported that Wells Fargo Securities was the most active bookrunner during this period, with 14.53 deals totaling $10.73 billion. Continue Reading CMBS Issuance Up 35% During First Half of the Year
BlackRock Acquires ElmTree Funds
The financial details of the acquisition were not disclosed. Continue Reading BlackRock Acquires ElmTree Funds
Hits and Misses for the Real Estate Week of June 30-July 4
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4
FBI to Move HQ to DC’s Ronald Reagan Building Complex
The FBI will take over the space that was recently occupied by the US Agency for International Development. Continue Reading FBI to Move HQ to DC’s Ronald Reagan Building Complex
Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
Former Ohio Attorney General and State Senator Marc Dann is planning to sue to stop the funds transfer to the Browns. Continue Reading Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
BBG Launches Data Center Specialty Practice
Christopher M. Fudacz, formerly the national data center practice leader at CBRE (NYSE: CBRE), has joined BBG as senior managing director to lead the new practice. Continue Reading BBG Launches Data Center Specialty Practice
CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
One year ago, the CMBS delinquency rate was 5.35%. Continue Reading CMBS Delinquency Rate Rises to 7.13%; Office Sector Delinquency at New Record High
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
Recent Posts
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