Commercial Real Estate
Hits and Misses for the Real Estate Week of April 20-24
The Tampa Bay Rays demand $1 billion for their new stadium, two pairs of regional realtors’ groups merge, and starter homes lose their appeal. Continue Reading Hits and Misses for the Real Estate Week of April 20-24
County Officials Balk at Tampa Bay Rays’ Demand for June 1 Deadline to Approve Stadium Plan
The team put forth a construction timeline for a $2.3 billion ballpark development that would open in time for the 2029 baseball season. Continue Reading County Officials Balk at Tampa Bay Rays’ Demand for June 1 Deadline to Approve Stadium Plan
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
“I don’t think in the end it’s going to matter to people,” said Bears Chairman George H. McCaskey. Continue Reading Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Fraud Alerts uses an AI-driven framework that continuously analyzes property-level documentation. Continue Reading Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
Goodell ruled out having the team remaining at Soldier Field, their longtime Chicago home. Continue Reading NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series help seniors consider housing options. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
Sanders and AOC Seek Moratorium on AI Data Center Construction
The Artificial Intelligence (AI) Data Center Moratorium Act would enact an immediate federal moratorium on these facilities. Continue Reading Sanders and AOC Seek Moratorium on AI Data Center Construction
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
