CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
The International Hot Rod Association (IHRA) has purchased Rockingham Speedway, a historic venue in American motorsports. Located in Rockingham, North Carolina, and popularly known as “The Rock,” the venue opened in 1965 and has a 0.94-mile track and 32,000-seating...
The delinquency rate for commercial mortgage-backed securities (CMBS) declined by 20 basis points in November to 7.26%, after climbing 23 basis points in October, according to new data from Trepp Inc. Year-over-year, the overall US CMBS delinquency rate is up 86 basis...
JPMorgan Chase (NYSE: JPM) has expanded the size of its San Francisco regional headquarters office. The San Francisco Standard reports the bank will lease an additional 65,000 square feet at 560 Mission Street, the 31-story tower also known as the JPMorgan Chase...
Echo Real Estate Capital Inc. has acquired the Rampart Medical Campus, a two-building, 71,000-square-foot medical office development located in Denver. The Denver Post reported one of the buildings was sold for nearly $4.5 million and the other was sold for $4.1...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
