Commercial Real Estate
Hits and Misses for the Real Estate Week of March 2-6
A Maine village is listed for sale, a Chicago stadium controversy that doesn’t involve the Bears, and was a Florida man kidnapped by dolphins and forced to build an underwater multifamily property made of coral? Continue Reading Hits and Misses for the Real Estate Week of March 2-6
Eddie Bauer’s North American Stores to Shut Down
Gift cards and rewards earned through Eddie Bauer’s Adventure Points program will no longer be accepted after March 12. Continue Reading Eddie Bauer’s North American Stores to Shut Down
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
The Department of Homeland Security called out the “egregious payment.” Continue Reading 4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
Meridian Senior Living Expands into Colorado with Denver-Area Acquisition
“This acquisition highlights our ability to access capital markets and expand into markets with strong growth potential,” said Dan Castleberry, chief operations officer. Continue Reading Meridian Senior Living Expands into Colorado with Denver-Area Acquisition
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
