Commercial Real Estate
Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
Gen Zers (48%) and millennials (50%) were more likely than Gen Xers (38%) and baby boomers (22%) to support data centers in their neighborhood. Continue Reading Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
Hits and Misses for the Real Estate Week of April 27-May 1
The end of a burdensome housing policy, the launch of a deed theft prevention agency, and Alaskan homeowners carrying more mortgage debt. Continue Reading Hits and Misses for the Real Estate Week of April 27-May 1
Don King Punched with $5.35 Million Foreclosure Lawsuit
The property in question is a 40-year-old, 46,467-square-foot warehouse that King acquired for $3 million in 2000. Continue Reading Don King Punched with $5.35 Million Foreclosure Lawsuit
Franklin BSP Realty Trust Acquires NewPoint Holdings
The financial terms of the deal were not disclosed. Continue Reading Franklin BSP Realty Trust Acquires NewPoint Holdings
Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
The lawsuit alleged JPMorgan knew the seller overstated the properties’ historical net operating income by 25%. Continue Reading Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Denver’s Rampart Medical Campus Sells for $8.6 Million
The two buildings last changed hands in December 2019 in an $18.8 million transaction. Continue Reading Denver’s Rampart Medical Campus Sells for $8.6 Million
CVS to Open 12 Mini-Stores Focused on Pharmacy Services
CVS is planning to close 270 locations this year after 800 net closures during the past three years. Continue Reading CVS to Open 12 Mini-Stores Focused on Pharmacy Services
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
The regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will be moved in the coming months. Continue Reading SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
xAI’s specific plans for the facility were not disclosed in the news announcement. Continue Reading Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
Hits and Misses for the Real Estate Week of March 3-7
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. Continue Reading Hits and Misses for the Real Estate Week of March 3-7
Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
The firm devoted roughly two years to raising the fund, which will be active in North America, Europe and Australia. Continue Reading Blackstone Announces $8 Billion Final Close for New Commercial Property Debt Fund
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