The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...
The Kansas City Royals have submitted a plan that would rezone a section of downtown Kansas City to create a 90-acre urban redevelopment district. Fox4KC.com reports the application focuses on the southern edge of Crown Center and envisions an entertainment...
Sunstone Hotel Investors Inc. (NYSE: SHO), a lodging real estate investment trust, announced the sale of the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate (NYSE: BX), for a gross sale price of $279 million, or approximately...
First quarter commercial/multifamily mortgage debt outstanding increased by $26.3 billion (0.5%) from the previous quarter to reach a total of $5.02 trillion, according to the Mortgage Bankers Association (MBA). Multifamily mortgage debt alone increased $23 billion...
The federal government sold has sold the Waldorf Astoria hotel in Washington, DC, which was originally the Post Office Building, for $80 million. The Wall Street Journal, sourcing its’ coverage from unnamed “people familiar with the matter,” report the sale involves...
Mortgage Rates Reach 7.40%, Highest Since November 2023
