Commercial Real Estate
CMBS Delinquency Rate Up 41 Basis Points to 7.55%
One year ago, the CMBS delinquency rate was 6.65%. Continue Reading CMBS Delinquency Rate Up 41 Basis Points to 7.55%
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Report: Trump Considers Selling Two-Thirds of Federal Office Properties
Many of the buildings were built in the 1970s and have been in disrepair for decades. Continue Reading Report: Trump Considers Selling Two-Thirds of Federal Office Properties
Developers Propose Building Tallest-Ever American Skyscraper in NYC
The project, dubbed 175 Park Avenue, would rise 1,575 feet tall and cost as much as $6.5 billion. Continue Reading Developers Propose Building Tallest-Ever American Skyscraper in NYC
Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
Barron Trump is now studying at New York University’s Stern School of Business. Continue Reading Report: 18-Year-Old Barron Trump in New Real Estate Endeavor
Seafood Restaurant Chain Captain D’s Expanding to the UK Market
Captain D’s was founded in 1969 and operates more than 530 restaurants in 23 states. Continue Reading Seafood Restaurant Chain Captain D’s Expanding to the UK Market
Biden Signs Executive Order on Creating New AI Data Centers
The Executive Order required developers adhere to “high labor standards, promoting positive labor-management relations, and paying workers prevailing wages.” Continue Reading Biden Signs Executive Order on Creating New AI Data Centers
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Leases for Big Lots Stores Offered for Sale
Offers for location purchases are due by Jan. 24. Continue Reading Leases for Big Lots Stores Offered for Sale
CBRE Acquires Co-Working Firm Industrious
CBRE previously invested in Industrious through an approximately 40% equity interest and a $100 million convertible note. Continue Reading CBRE Acquires Co-Working Firm Industrious
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
The new arena is slated for a 2031 opening. Continue Reading Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue
Structural Demolition Begins on RFK Stadium
RFK Stadium has fallen into disrepair and not been used since 2019 Continue Reading Structural Demolition Begins on RFK Stadium
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