Commercial Real Estate
Newmark Acquires Altus Group’s Development Advisory Business
Altus’ Development Advisory business consists of approximately 335 employees across the US, Canada, Australia and Thailand. Continue Reading Newmark Acquires Altus Group’s Development Advisory Business
Private Equity Firm Seeks to Buy 117 JCPenney Stores
The 117 stores are located in 35 states. Continue Reading Private Equity Firm Seeks to Buy 117 JCPenney Stores
NY Gov. Hochul to Sign 1-Year Moratorium on Data Center Construction
“New York will lead the way in creating the strongest standards in the nation for data center development,” said Hochul, who is seeking re-election this year. Continue Reading NY Gov. Hochul to Sign 1-Year Moratorium on Data Center Construction
Grant Denham Joins Pennsylvania Data Center Partners as Chief of Staff
Denham most recently headed Palm Pacific Partners, a real estate investment and development firm he founded. Continue Reading Grant Denham Joins Pennsylvania Data Center Partners as Chief of Staff
Stephen Stroud, Prominent Raleigh-Area Developer, Dies at 83
Stroud was also instrumental in bringing the Hartford Whalers of the National Hockey League to the arena in 1997, where they were renamed the Carolina Hurricanes. Continue Reading Stephen Stroud, Prominent Raleigh-Area Developer, Dies at 83
Hits and Misses for the Real Estate Week of July 6-10
A university tries to kick an 89-year-old man out of his home, a new wave of young buyers arrives in the housing market, and long-overdue closure at the site of the 9/11 attacks. Continue Reading Hits and Misses for the Real Estate Week of July 6-10
Long-Dormant Maryland Auto Racing Track Listed at $15 Million
The track opened 1952 and offered multiple racing configurations that included a dirt oval, a paved oval and road course layouts for sports car racing. Continue Reading Long-Dormant Maryland Auto Racing Track Listed at $15 Million
Indiana Governor: Bears Stadium Relocation is ‘In the Red Zone’
“We don’t want to raise taxes on the people of Illinois,” Illinois Gov. Pritzker said last month. Continue Reading Indiana Governor: Bears Stadium Relocation is ‘In the Red Zone’
Green Street Debuts Canadian Commercial Property Price Index
The Canadian CPPI joins Green Street’s established US and European indices. Continue Reading Green Street Debuts Canadian Commercial Property Price Index
Blake Okland Named Chief Revenue Officer at Berkadia
Okland was previously president of multifamily capital markets at Cushman & Wakefield. Continue Reading Blake Okland Named Chief Revenue Officer at Berkadia
Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks Fell
The site was evacuated and no injuries were reported. Continue Reading Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks Fell
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
