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Rosewood Hotels & Resorts Plans New Bahamas Destination

Rosewood Hotels & Resorts Plans New Bahamas Destination

by Phil Hall | Aug 8, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Hong Kong-headquartered Rosewood Hotels & Resorts is expanding its Caribbean presence with a new resort planned for the Bahamas. The planned Rosewood Exuma will be developed in partnership with Yntegra Group, a Miami-based private investment company. The...
Historic Harlem Church Being Sold to Become Mixed-Use Development

Historic Harlem Church Being Sold to Become Mixed-Use Development

by Phil Hall | Aug 8, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic church in the Harlem section of New York City is under contract to be sold for conversion into a mixed-used development. Crain’s New York reported Transfiguration Lutheran Church and two adjacent brownstones are under contract for $3.5 million to Brooklyn...
Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans

Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans

by Phil Hall | Aug 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE:DIS) reported weaker than expected returns from its theme parks, dampening the plans of CEO Bob Iger’s plans to use the company’s real estate holdings to boost revenue. Disney’s latest quarterly report found theme park revenue up by 2%...
Fannie Mae Renews HQ Lease for Smaller Space

Fannie Mae Renews HQ Lease for Smaller Space

by Phil Hall | Aug 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Fannie Mae (OTCMKTS: FNMA) has signed a long-term lease at its Washington, DC-based headquarters, albeit for a smaller space. The government-sponsored enterprise announced the transaction in a statement that said, “We are pleased to have come to a new lease agreement...
Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division

Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division

by Phil Hall | Aug 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered investment management firm focused on commercial real estate, has promoted Vickie Callahan to president of the firm’s hospitality management division. In her new role, Callahan will oversee the company’s portfolio...
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