Commercial Real Estate
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Hits and Misses for the Real Estate Week of June 3-7
This week’s Hits and Misses: State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. Continue Reading Hits and Misses for the Real Estate Week of June 3-7
Boston-Area Shopping Center Sells for $86 Million
Colony Place has more than 50 stores and is 94% leased. Continue Reading Boston-Area Shopping Center Sells for $86 Million
Welch’s to Relocate Headquarters in Waltham, Massachusetts
The new headquarters will consist of 60,000 square feet of office and lab space. Continue Reading Welch’s to Relocate Headquarters in Waltham, Massachusetts
New Earthquake Insurance Entity Aimed at West Coast Businesses
Arrowhead EQ DIC will primarily target businesses in California and the Pacific Northwest. Continue Reading New Earthquake Insurance Entity Aimed at West Coast Businesses
Huntington National Bank Debuts Deposits Business for Commercial Real Estate Clients
Alex Tsarnas was recruited to serve as senior managing director of this new business vertical. Continue Reading Huntington National Bank Debuts Deposits Business for Commercial Real Estate Clients
Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio
The school owns nine properties encompassing nearly 600,000 square feet of downtown real estate. Continue Reading Philadelphia School’s Closure Creates Uncertainty Over Property Portfolio
MBA: Q1 Commercial Mortgage Delinquencies on the Rise
Banks and thrifts recorded a 1.03% delinquency rate. Continue Reading MBA: Q1 Commercial Mortgage Delinquencies on the Rise
College of Charleston to Create Endowed Professorship for Commercial Real Estate
Since 2018, the number of declared commercial real estate finance majors has grown from 33 to 190. Continue Reading College of Charleston to Create Endowed Professorship for Commercial Real Estate
CMBS Delinquency Rate Drops Below 5%
Year-over-year, the CMBS delinquency rate is up by 135 basis points from 3.62%. Continue Reading CMBS Delinquency Rate Drops Below 5%
Rubio’s Coastal Grill Shutters 48 California Restaurants
The company cited the “rising cost of doing business in California.” Continue Reading Rubio’s Coastal Grill Shutters 48 California Restaurants
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