Commercial Real Estate
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
National office vacancy declined by 100 basis points year-over-year to 13.6%. Continue Reading Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
The mayor proposed an ordinance allowing the city to commit up to $600 million through bonds to finance the development. Continue Reading Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
CMBS Delinquency Rate Soars to 6.40%
Trepp attributed the upswing to substantial increases in the delinquency rates for the office, multifamily and lodging property sectors. Continue Reading CMBS Delinquency Rate Soars to 6.40%
Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
It is unclear what role the new DOGE can have in disrupting the contract between the hotel and the city government. Continue Reading Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
Hits and Misses for the Real Estate Week of Nov. 25-29
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. Continue Reading Hits and Misses for the Real Estate Week of Nov. 25-29
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
The plan involves $250 million in state support and $100 million from Detroit’s Downtown Development Authority. Continue Reading Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
$295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
The property was sold by the Belgian developer Ghelamco to the Swedish investment firm Eastnine AB. Continue Reading $295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
Sterling Organization Sells Charlotte-Area Retail Center for $70 Million
The 661,156-square-foot retail center was completed in 1987 and underwent a $16 million renovation between 2012 and 2014. Continue Reading Sterling Organization Sells Charlotte-Area Retail Center for $70 Million
Lovett Industrial Breaks Ground on 27-Acre Texas Business Park
The site is located directly off State Highway 121. Continue Reading Lovett Industrial Breaks Ground on 27-Acre Texas Business Park
Shaner Hotels in New Alliance with Dubai’s The First Group
The new alliance will promote hotel management agreements across the Middle East, North Africa, Greece and Cyprus. Continue Reading Shaner Hotels in New Alliance with Dubai’s The First Group
Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel
The hotel is located a short distance from the Augusta National Golf Club. Continue Reading Flacks Group Acquires Georgia’s Crowne Plaza North Augusta Hotel
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
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