Commercial Real Estate
Centennial CEO Steven Levin to Retire After 3 Decades of Leadership
Paul Kurzawa, the company’s president since 2024, will take on the CEO position. Continue Reading Centennial CEO Steven Levin to Retire After 3 Decades of Leadership
Hits and Misses for the Real Estate Week of May 11-15
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. Continue Reading Hits and Misses for the Real Estate Week of May 11-15
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
Hits and Misses for the Real Estate Week of May 26-30
This week’s Hits and Misses include Gov. Ron DeSantis and Kim Reynolds, former Vice President Kamala Harris, and NAR’s newest executives. Continue Reading Hits and Misses for the Real Estate Week of May 26-30
CMBS Delinquency Rate Up by 5 Basis Points in May
The overall CMBS delinquent balance this month was $42.6 billion, up from $41.9 billion in April. Continue Reading CMBS Delinquency Rate Up by 5 Basis Points in May
Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
The Millers pleaded guilty to one count of securities offering fraud and one count of aggravated identity theft. Continue Reading Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
Ethan Penner, Father of the CMBS, Weighs Bid for California Governor
Penner is critical of Gov. Gavin Newsom, particularly in his handling of the Los Angeles County wildfires. Continue Reading Ethan Penner, Father of the CMBS, Weighs Bid for California Governor
Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums
The special session begins June 2. Continue Reading Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums














