Current News & Events
Grocery Outlet to Close 36 Underperforming Stores
“We are not fully exiting any state,” said President and CEO Jason Potter. Continue Reading Grocery Outlet to Close 36 Underperforming Stores
Mississippi Lawmakers Reject Proposal for New Jackson State University Football Stadium
Jackson State is planning to request $19 million for stadium structural repairs as part of its Fiscal Year 2027 legislative agenda. Continue Reading Mississippi Lawmakers Reject Proposal for New Jackson State University Football Stadium
Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex
The new complex would include two hotels, multifamily housing, several restaurants and 165,000 square feet of retail. Continue Reading Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex
Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank
The 2,000-loan portfolio is being sold for $2.9 billion. Continue Reading Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank
Kendrick Lamar Drops $40 Million for Los Angeles Estate
The seller acquired the property in 2019 for $19.5 million. Continue Reading Kendrick Lamar Drops $40 Million for Los Angeles Estate
Hits and Misses for the Real Estate Week of May 13-17
Questioning Biden’s homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. Continue Reading Hits and Misses for the Real Estate Week of May 13-17
California Median Home Prices Soar Past $900K Level to New Record High
Sales in the $1 million-and-higher market segment surged 39.8% year-over-year in April. Continue Reading California Median Home Prices Soar Past $900K Level to New Record High
Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger
Both firms will operate under the Stratmor brand. Continue Reading Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger
Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations
The agreement was signed with StarMatt Corporation, a Florida-based real estate and franchise development company. Continue Reading Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations
Kristie Arnst Promoted to EVP at Buckingham Companies
Arnst joined Buckingham Companies in September 2020 and most recently served as senior vice president. Continue Reading Kristie Arnst Promoted to EVP at Buckingham Companies
Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
The new firm will initially focus on Section 1031 exchange offerings. Continue Reading Start-Up to Offer Healthcare Real Estate Investments to Individual Investors
Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
Horton served as the company’s chairman since it was formed in July 1991. Continue Reading Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
