Commercial Real Estate
Detroit City Council Approves New 15,000-Seat Stadium
The Detroit City Council approved the proposal by the Detroit City Football Club's (DCFC) to construct a 15,000-seat stadium and other community projects in Southwest Detroit. CBS News reports the DCFC will build a 421-parking deck and 76-unit apartment building of...
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Walmart to Close Health Centers
The company added that it would continue to operate its pharmacies and vision centers. Continue Reading Walmart to Close Health Centers
Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
This plan shuts down efforts by WeWork co-founder and former chief executive Adam Neumann to regain control of the company. Continue Reading Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan
New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas
The developer LVXP stated the venue could become the home for a new NBA franchise. Continue Reading New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas
Marshall Heron to Lead Real Estate Practice at Risk Strategies
He was previously president of Insurance Group of America. Continue Reading Marshall Heron to Lead Real Estate Practice at Risk Strategies
The Richest Billionaire in Real Estate Is…
Lee’s current net worth is $28.3 billion. Continue Reading The Richest Billionaire in Real Estate Is…
Rick Miller, Leader of Aon’s US Property Practice, Dies at 62
He gained national prominence for running Aon’s annual property symposium. Continue Reading Rick Miller, Leader of Aon’s US Property Practice, Dies at 62
Hits and Misses for the Real Estate Week of April 22-26
This week’s Hits and Misses includes a new stadium in Chicago, a new player in Sun Belt rental housing and cleaning up moldy residences in London. Continue Reading Hits and Misses for the Real Estate Week of April 22-26
Q1 Office Market Sales Down 17%
Washington, D.C., led the nation in sales, with transactions totaling $999 million through the first quarter. Continue Reading Q1 Office Market Sales Down 17%
Chicago Bears Seek $1.5 Billion in Public Funds for New Stadium’s Infrastructure Needs
The Bears pledged to contribute more than $2 billion to the project—over 70% of the total stadium cost. Continue Reading Chicago Bears Seek $1.5 Billion in Public Funds for New Stadium’s Infrastructure Needs
Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023
Depositories were the leading capital source of the sector’s mortgage debt. Continue Reading Total Commercial Real Estate Mortgage Borrowing and Lending Down 47% in 2023













