Commercial Real Estate
Mortgage Delinquency Rates for Commercial Properties Up During Q1
CMBS loan delinquency rates saw the highest levels. Continue Reading Mortgage Delinquency Rates for Commercial Properties Up During Q1
Maine Governor Vetoes Data Center Moratorium Bill
The bill that would have halted the creation of data centers requiring over 20 megawatts of power until October 2027. Continue Reading Maine Governor Vetoes Data Center Moratorium Bill
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
121 Net-Leased JCPenney Properties Now Available for Sale
Most of the portfolio’s properties are based in major metropolitan areas surrounding such cities as Austin, Miami, Houston, Los Angeles, and New York. Continue Reading 121 Net-Leased JCPenney Properties Now Available for Sale
Realtor.com Moves HQ from California to Texas
The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Continue Reading Realtor.com Moves HQ from California to Texas
Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
“There is nothing historic or significant about this property,” said attorney Jonathan Kamin. Continue Reading Developer Tries to Stop Historic Designation on Shuttered Pittsburgh Gay Bar
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Rhino Investments Acquires Albuquerque Shopping Center
The financial aspects of the transaction were not disclosed. Continue Reading Rhino Investments Acquires Albuquerque Shopping Center
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
The locations of the buildings where the leases were terminated were not disclosed. Continue Reading Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
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