Commercial Real Estate
North Carolina Wedding Venue Owner Pleads Guilty to Wire Fraud
The statutory maximum penalty for the wire fraud charge is 20 years in prison. Continue Reading North Carolina Wedding Venue Owner Pleads Guilty to Wire Fraud
Survey: 4 in 10 Canadian Manufacturers Moved or Plan to Relocate Production to America
While most manufacturers (80%) are planning to keep their headquarters in Canada, 11% plan to move their headquarters to the US within the next five years. Continue Reading Survey: 4 in 10 Canadian Manufacturers Moved or Plan to Relocate Production to America
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. Continue Reading Hits and Misses for the Real Estate Week of Oct. 27-31
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The property encompasses four parcels totaling 4.16 acres. Continue Reading The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
Related will build the facilities and infrastructure for this project while Oracle will lease the campus. Continue Reading Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Dallas-based Merriman Anderson Architects has been hired to create architectural studies for this proposed endeavor. Continue Reading Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Report: DC-Based Howard University Considering Bay Area Satellite Campus
“I have been leading discussions with Howard University,” said Oakland Mayor Barbara Lee. Continue Reading Report: DC-Based Howard University Considering Bay Area Satellite Campus
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
The proposal will be discussed at the City Council’s next meeting on Oct. 29. Continue Reading Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
The property tax savings are complemented by the State of Wisconsin’s sales tax exemption on the construction of qualified data centers. Continue Reading Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
The stadium will be powered entirely on solar and wind energy. Continue Reading Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
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