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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...
New Forecast Predicts Pricing Increases for NYC Commercial Properties

New Forecast Predicts Pricing Increases for NYC Commercial Properties

by Phil Hall | Aug 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The commercial real estate investment firm KPG Funds has released a forecast predicting a significant increase in New York City’s commercial property values, with expectations of a 50% to 60% rise in pricing as interest rates decline. KPG Funds is projecting a pricing...
Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

by Phil Hall | Aug 5, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Rosemont, Illinois-headquartered real estate investment firm focused on industrial properties, has hired Zane Smith as vice president for the Dallas-Fort Worth region. In his new role, Zane will be involved in sourcing and closing both new...
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