Real Estate News & Insights
Newmark Acquires Altus Group’s Development Advisory Business
Altus’ Development Advisory business consists of approximately 335 employees across the US, Canada, Australia and Thailand. Continue Reading Newmark Acquires Altus Group’s Development Advisory Business
Private Equity Firm Seeks to Buy 117 JCPenney Stores
The 117 stores are located in 35 states. Continue Reading Private Equity Firm Seeks to Buy 117 JCPenney Stores
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
Parkspring Multifamily to Break Ground on 240-Unit Texas Apartment Community
Parkspring Multifamily highlighted Fredericksburg’s growing regional connectivity to Austin and San Antonio. Continue Reading Parkspring Multifamily to Break Ground on 240-Unit Texas Apartment Community
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
Montana is one of five states without a statewide sales tax. Continue Reading Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
Shayne Farley Becomes CEO at Stellar MLS
Last July, Farley was announced to become the successor to Merri Jo Cowen. Continue Reading Shayne Farley Becomes CEO at Stellar MLS
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
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