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New Real Estate Investment Fund Aims at Car Wash Market

New Real Estate Investment Fund Aims at Car Wash Market

by Phil Hall | May 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity real estate investment firm PPR Capital Management has teamed with retail business developer and operator Olympus Pines to launch the PPR Opportunity Fund, which will focus on creating new car wash enterprises in strategic, high-growth U.S. markets....
U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will total a compound annual growth rate of 5.3%....
Sam Ash Music to Shut Down Retail Chain

Sam Ash Music to Shut Down Retail Chain

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Sam Ash Music, a family-owned business specializing in musical instruments and sound equipment, announced that it will shut down its operations after a century in business. In a social media post, the company said it has begun store closing sales – the company...
Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11

Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dallas-headquartered Steward Health Care System, the nation’s largest physician-owned hospital operator, has filed for Chapter 11 protection. Steward operates 33 community hospitals in nine states and has more than 30,000 employees. The company has been dealing with...
Fashion Retailer Rue21 Files for Bankruptcy, Plans to Close All Stores

Fashion Retailer Rue21 Files for Bankruptcy, Plans to Close All Stores

by Phil Hall | May 3, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The apparel company Rue21 has become the latest retailer to announce it is going out of business. The Warrendale, Pennsylvania-based company filed for Chapter 11 bankruptcy on Thursday – the company previously filed for bankruptcy in 2003 (when it was Pennsylvania...
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