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Colonial-Era Connecticut Property to Become Credit Union’s Lending Office

Colonial-Era Connecticut Property to Become Credit Union’s Lending Office

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic property in Cheshire, Connecticut, that was built during the colonial era will begin its next chapter as a credit union’s lending office. The Hartford Business Journal reported Sound Federal Credit Union of Norwalk, Connecticut, acquired the property for...
PNC Bank to Spend $1 Billion to Open 100 New Locations

PNC Bank to Spend $1 Billion to Open 100 New Locations

by Phil Hall | Feb 14, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Pittsburgh-headquartered PNC Bank (NYSE:PNC) announced it will invest approximately $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. According to the company, PNC will build and open new branches in key...
Marriott in $500 Million Deal for Sheraton Grand Chicago

Marriott in $500 Million Deal for Sheraton Grand Chicago

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Marriott International (NASDAQ:MAR) is paying $500 million to acquire the 1,218-room Sheraton Grand Chicago Riverwalk hotel, one of the city’s biggest lodging properties. According to a report in The Real Deal, the $300 million portion of the sale was first agreed...
Abhi Goel Joins Mantella Corp. as Director of Finance

Abhi Goel Joins Mantella Corp. as Director of Finance

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Mantella Corp., a Toronto-headquartered real estate and land development company, has hired Abhi Goel as a director of finance. Goel will be the lead within Mantella’s finance and accounting group, reporting directly to President and Chief Financial Officer Craig...
Flagler Healthcare Investments Rebrands as SPHERE

Flagler Healthcare Investments Rebrands as SPHERE

by Phil Hall | Feb 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Flagler Healthcare Investments, a Miami-headquartered property company focused on the acquisition, development and management of U.S. healthcare properties, is rebranding and repositioning as SPHERE (Strategic Public Health Equities and Real Estate). According to the...
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