Commercial Real Estate
UK Approves China’s Mega-Embassy in London
China purchased the building – the former site for the Royal Mint – in 2018 for $312 million. Continue Reading UK Approves China’s Mega-Embassy in London
Connecticut Freezes Property Tax Assessments on Farmland
Gov. Ned Lamont ordered the revocation of the 2025 Recommended Land Use Values and Best Practices for farmland. Continue Reading Connecticut Freezes Property Tax Assessments on Farmland
New Jersey Medical/Office Property Sells for $22 Million
The three-story property was built in 1986 and is anchored by Summit Health. Continue Reading New Jersey Medical/Office Property Sells for $22 Million
FEMA Suspends Payments to NYC Hotels Housing Illegal Immigrants
FEMA Acting Administrator Cameron Hamilton announced, “Personnel will be held accountable.” Continue Reading FEMA Suspends Payments to NYC Hotels Housing Illegal Immigrants
New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
The MBA will receive a $750,000 grant over three years from the PREA Foundation to expand industry outreach and engagement. Continue Reading New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
Elon Musk: FEMA Gave $59 Million Last Week to NYC Hotels for Housing Illegal Immigrants
“A clawback demand will be made today to recoup those funds,” Musk wrote. Continue Reading Elon Musk: FEMA Gave $59 Million Last Week to NYC Hotels for Housing Illegal Immigrants
Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
Playa is the owner and operator of resorts in Mexico, the Dominican Republic and Jamaica. Continue Reading Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
San Francisco’s Golden Gate University Seeks Buyer for Portion of Campus
For fiscal year 2023, the school reported a $12 million loss. Continue Reading San Francisco’s Golden Gate University Seeks Buyer for Portion of Campus
Canadian Airport Owes $500,000 Property Tax
“I’m confident that this year that will be taken care of,” said Stephenville Mayor Tom Rose. Continue Reading Canadian Airport Owes $500,000 Property Tax
121 Net-Leased JCPenney Properties Now Available for Sale
Most of the portfolio’s properties are based in major metropolitan areas surrounding such cities as Austin, Miami, Houston, Los Angeles, and New York. Continue Reading 121 Net-Leased JCPenney Properties Now Available for Sale
Realtor.com Moves HQ from California to Texas
The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Continue Reading Realtor.com Moves HQ from California to Texas
Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
“There is nothing historic or significant about this property,” said attorney Jonathan Kamin. Continue Reading Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
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