Brennan Investment Group, a Chicago-headquartered private real estate investment firm specializing in the acquisition, development, and operation of U.S. industrial facilities, has begun construction on a Class A, cross-dock building situated on 24.18 acres in Laredo,...
The annual street rate growth in the self-storage real estate sector remained negative in February, according to new data report from Yardi Matrix. Last month, the average annualized same-store asking rent per square foot for combined mix of unit sizes reached an...
An analysis of approximately 4,000 banks by the consultancy Klaros Group has determined that 282 of these institutions carry high levels of commercial real estate exposure and large unrealized losses from the Federal Reserve’s rate hikes. According to a CNBC report,...
Adam Neumann, the co-founder and former CEO of the bankrupt WeWork Inc. (OTCMKTS: WEWKQ), submitted an offer to acquire the co-working company for more than $500 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the matter,”...
New York’s University of Rochester has created a new position to lead its real estate strategy. Andrea Tompkins Wright, an attorney and senior vice president of property management at Broadstone Net Lease Inc., was appointed the inaugural associate vice president for...