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 (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, 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...
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, 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...