Commercial Real Estate
Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas
“SpaceX will still be paying an annual amount that increases tax revenue for Grimes County by ~25% and will be by far the biggest source of revenue for the county,” said Musk. Continue Reading Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas
Hits and Misses for the Real Estate Week of June 1-5
Bill Pulte gets a new job, a social media-savvy realtor helps a Texas mayor, and a new video on the data center sector racks up hits on YouTube. Continue Reading Hits and Misses for the Real Estate Week of June 1-5
Denver Broncos Unveil Plans for New Stadium
The new stadium is being scheduled to be completed in time for the 2031 NFL season. Continue Reading Denver Broncos Unveil Plans for New Stadium
TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
TenFifty launches with presence in Amsterdam, Berlin, London and Madrid, and it will invest throughout core European markets. Continue Reading TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
Newmark Opens Middle Eastern Flagship Office in Dubai
Stefan Burch will head up the new office and build the firm’s business in the region Continue Reading Newmark Opens Middle Eastern Flagship Office in Dubai
Chicago Bears Announce Move to New Suburban Stadium
Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a suburb approximately 25 miles from its current venue. Continue Reading Chicago Bears Announce Move to New Suburban Stadium
Hits and Misses for the Real Estate Week of Sept. 1-5
A decades-old crime is solved, an emergency without urgency is declared, and bizarre happenings in the UK and Canada. Continue Reading Hits and Misses for the Real Estate Week of Sept. 1-5
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
CIP Real Estate Pays $66 Million for 3 Industrial Parks in Florida
The acquisitions bring the company’s total footprint in Florida to approximately 2 million square feet. Continue Reading CIP Real Estate Pays $66 Million for 3 Industrial Parks in Florida
CMBS Delinquency Rate Up for Sixth Straight Month
Year-over-year, the overall CMBS delinquency rate has increased by 185 basis points from 5.44%. Continue Reading CMBS Delinquency Rate Up for Sixth Straight Month
Hits and Misses for the Real Estate Week of Aug. 25-29
A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 25-29
Texas Acquires 2 Hotels Adjacent to the Alamo
The Menger Hotel was built in 1859, and the Crockett was built in 1909. Continue Reading Texas Acquires 2 Hotels Adjacent to the Alamo
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