Commercial Real Estate
Activist Investor Withdraws Demand for Board Change at CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
The property is roughly 57% occupied. Continue Reading Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
“I may put a restriction on them that if they don’t change the name back to the original ‘Washington Redskins,'” Trump said. Continue Reading Trump Threatens to Block Commanders’ Stadium Deal Over Team’s Name
Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
“This fund is about capitalizing on dislocation, not chaos,” said CEO Greg Friedman. Continue Reading Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
“This isn’t just about one deal,” said Cox. Continue Reading Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Staccato Powell pleaded guilty to wire fraud, mail fraud, conspiracy to commit wire fraud and mail fraud as part of a scheme to gain control of church properties via forged documents and false statements. Continue Reading Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
Steven T. Loo is scheduled to be sentenced on Oct. 9. Continue Reading Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
Hits and Misses for the Real Estate Week of July 7-11
Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. Continue Reading Hits and Misses for the Real Estate Week of July 7-11
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
He has transitioned to the role of vice chairman of the board of directors. Continue Reading Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
Historic Masonic Temple in Oakland Listed for Sale
The Scottish Rite Temple is an 85,000-square-foot building spanning four levels. Continue Reading Historic Masonic Temple in Oakland Listed for Sale
Citigroup to Create $16.1 Million Office Facility in Charlotte
The average salary for these new jobs will be $131,832. Continue Reading Citigroup to Create $16.1 Million Office Facility in Charlotte
Recent Posts
Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
- National Competition to Restore Long-Vacant Official Residence of Canada…
- NAR: Two-Thirds of All Realtors are Women
- Fugitive Apartment Executive Returned from Israel to Face Fraud Charges in …
