Commercial Real Estate
Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
People Inc. owns 26.1% of the outstanding common stock of MGM and would possess just over 50.1% of the equity of the company if the transaction is approved. Continue Reading Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
House Speaker Emmanuel “Chris” Welch stated, “We’ll continue discussions on a number of issues, including our approach to the Bears stadium question, this summer.” Continue Reading Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
USDA to Relocate Majority of Staff and Vacate DC Office Space
Employees will be relocated to Raleigh, Kansas City, Indianapolis, Salt Lake City and Fort Collins, Colorado. Continue Reading USDA to Relocate Majority of Staff and Vacate DC Office Space
Development Promoted as ‘First Solar Town’ Planned for Houston Area
The first portion of the development will encompass three 30-foot-high concrete wall industrial buildings. Continue Reading Development Promoted as ‘First Solar Town’ Planned for Houston Area
Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Both properties house Berkshire Hathaway Fox & Roach Realtors offices. Continue Reading Two Mixed-Use Jersey Shore Properties Sell for $5.35 Million
Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
The properties based in South Carolina and are corporate operated under long-term, triple net leases. Continue Reading Four Corners Property Trust Acquires 6 Novant Health Urgent Care Properties for $12 Million
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
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 10-14- Seattle Bans Rental Housing Junk Fees
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