The sudden and unexpected closure of a major Philadelphia art school could create a major upheaval in the city’s commercial real estate market with properties coming up for sale at once. According to a Philadelphia Inquirer report, the University of the Arts will shut...
Boston Mayor Michelle Wu is seeking a temporary hike in commercial property taxes, a move designed to fill the city’s budget gap without creating a greater tax burden on homeowners. A recent data analysis determined the city risks losing more than $1 billion in tax...
The Philadelphia-based EQT Exeter Real Estate Income Trust Inc. (EQRT) announced its first acquisition with the $60.9 million purchase of an industrial property in Georgetown, Texas. The 449,642 square-foot property is fully occupied by GAF Energy LLC, a producer of...
Former President Donald Trump vowed to fight “all the way up to the U.S. Supreme Court if necessary” to prevent New York Attorney General Letitia James from seizing his commercial properties. In an interview with Fox News Digital, Trump stated his legal...
San Francisco’s commercial real estate owners have been aggressively lobbying to lower their property assessments and tax payments in the wake of the troubled city’s declining real estate prices. According to a Bloomberg report, Brookfield Corp. and Blackstone Inc....
Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing
