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First National Realty Partners Acquires Illinois Retail Center

First National Realty Partners Acquires Illinois Retail Center

by Phil Hall | May 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

First National Realty Partners (FNRP), a private equity firm specializing in commercial real estate, announced its closing on Townes Crossing, a 105,731-square-foot shopping center in suburban Chicago. The Oswego, Illinois-based Townes Crossing is anchored by a...
Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex

Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex

by Phil Hall | May 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A mostly empty Connecticut mall may soon be demolished in favor of a new mixed-use complex. Enfield Square Mall is a single-level mall in the Town of Enfield in northern Connecticut that opened in 1971. According to a Hartford Courant report, a new proposal was...
Hits and Misses for the Real Estate Week of May 13-17

Hits and Misses for the Real Estate Week of May 13-17

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A questioning of the Biden homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 13-17. Hit: Sparking a Much-Needed...
Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Canadian vegan fast-food restaurant chain Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) has signed its second U.S. area representative agreement for the development of 40 locations in Florida over the next eight years. The agreement was signed with StarMatt...
Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Alliant Credit Union has rolled out SBL Edge, a lending platform designed for small balance commercial real estate borrowers in the multifamily, manufactured housing and self-storage sectors. According to Alliant, owners of stabilized properties...
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