PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
Choice Hotels International Inc. (NYSE: CHH) has launched a hostile bid to acquire Wyndham Hotels & Resorts Inc. (NYSE: WH), which previously rejected offers for a potential takeover. Choice is using an exchange offer for Wyndham stock, appealing directly to...
Dolly Parton has paused from her entertainment career and switched gears to focus on her work as a real estate executive. The Dollywood Company, a joint venture between the music legend and Herschend Enterprises, acquired an office and retail building in downtown...
Cushman & Wakefield (NYSE:CW) appointed Chris Hipps as Texas managing principal. Hipps will start on Jan. 2 and will be based in Dallas. He will be responsible for leading Cushman & Wakefield’s advisory professionals across Texas as the firm further expands in...
Las Vegas-baed Axos Financial Inc. (NYSE: AX) announced that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial real estate loan portfolios from the Federal Deposit Insurance Corp. (FDIC) at a purchase price equal to...
Mortgage Equity Hits $17.5 Trillion as Servicers Lose Cash-Out Borrowers
