Commercial Real Estate
MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
The MBA also reported that 17% ($875 billion) of the $5 trillion of outstanding commercial mortgages held by lenders and investors is scheduled to mature this year. Continue Reading MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
Connecticut Theater Shuttered for 52 Years is Sold for $250,000
The new owner plans to renovate the space into an entertainment and music venue, with a reopening planned for 2027. Continue Reading Connecticut Theater Shuttered for 52 Years is Sold for $250,000
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6
Hooters to Close 30 Restaurants
The company’s franchises, including its 60 overseas locations, are not being impacted. Continue Reading Hooters to Close 30 Restaurants
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
CMBS Delinquency Rate Up by 5 Basis Points in May
The overall CMBS delinquent balance this month was $42.6 billion, up from $41.9 billion in April. Continue Reading CMBS Delinquency Rate Up by 5 Basis Points in May
Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Recent Posts
Hits and Misses for the Real Estate Week of March 16-20- Virginia Home Sales Up 7.4% in February
- Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
- New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
- Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
