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Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels

Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels

by Phil Hall | Jul 9, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Brittain Resorts & Hotels (BRH), a full-service hospitality management company headquartered in Myrtle Beach, South Carolina, has hired Brittney Jones as chief development officer. In her new role, Jones will oversee the expansion of BRH’s portfolio through...
Discount Retailer Big Lots Planning to Close 35 to 40 Stores

Discount Retailer Big Lots Planning to Close 35 to 40 Stores

by Phil Hall | Jul 9, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The financially troubled discount retailer Big Lots Stores Inc. (NYSE:BIG) is planning to close between 35 to 40 stores this year. Chain Store Age reports the Columbus, Ohio-headquartered company operates more than 1,300 stores. However, the company has experienced...
SAFstor Debuts Fund to Develop 3 Self-Storage Facilities

SAFstor Debuts Fund to Develop 3 Self-Storage Facilities

by Phil Hall | Jul 9, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, WRE News Exclusive

SAFStor, a Daytona Beach, Florida-based developer of Class A self-storage, has launched SAFHarbor Opportunity Fund LLC as its latest Regulation D 506(c) offering. According to the company, the new fund intends to raise $23 million from accredited investors for the...
Trump Organization to Pursue More Middle East Real Estate Deals

Trump Organization to Pursue More Middle East Real Estate Deals

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

The Trump Organization is seeking to pursue more real estate projects in the Middle East, but it is unclear if this strategy will continue if Donald Trump returns to the White House. The company has agreements with the Saudi Arabian real estate company Dar Global to...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

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

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
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