Commercial Real Estate
Access Point Financial Names Michael Gould as CFO
Gould most recently served as senior director at Freddie Mac. Continue Reading Access Point Financial Names Michael Gould as CFO
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
Chicago Bears Vote to Advance New Stadium in Indiana
The team is looking to move to Hammond, an Indiana city that is a 20-minute drive from Chicago. Continue Reading Chicago Bears Vote to Advance New Stadium in Indiana
TPG-Led Investor Group Acquires ECHO Realty for $2 Billion
To date, Echo has acquired and developed more than 16 million square feet of neighborhood and regional centers. Continue Reading TPG-Led Investor Group Acquires ECHO Realty for $2 Billion
Terreno Realty Corp. Buys San Francisco Industrial Property for $26 Million
The 3.8-acre property is an industrial distribution building in the city’s India Basin section. Continue Reading Terreno Realty Corp. Buys San Francisco Industrial Property for $26 Million
Report: Bears Held Multiple Secret Talks About Keeping the Team in Chicago
“The Bears would pay 72-75% of a stadium that the people of Chicago would own,” said Mayor Brandon Johnson. Continue Reading Report: Bears Held Multiple Secret Talks About Keeping the Team in Chicago
Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion
The companies said this deal marks the largest light industrial transaction since 2022. Continue Reading Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion
June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
The 108-acre property includes 1.12 million square feet of buildings and a grandstand and clubhouse encompassing nearly 365,000 square feet. Continue Reading June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
CMBS Delinquency Rate Up by One Basis Point
At the property-type level, two of the five major sectors recorded upswings in their delinquency rates. Continue Reading CMBS Delinquency Rate Up by One Basis Point
SL Green Sells Manhattan Office Tower for $312.2 Million
The 37-story, 390,000 square foot property is currently 92% leased. Continue Reading SL Green Sells Manhattan Office Tower for $312.2 Million
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
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