NAIOP, the trade association for commercial real estate developers, owners, investors and related professionals, has rebranded as the Commercial Real Estate Development Association (CREDA). The organization was founded in 1967 and now represents more than 21,000...
The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...
The Kansas City Royals have submitted a plan that would rezone a section of downtown Kansas City to create a 90-acre urban redevelopment district. Fox4KC.com reports the application focuses on the southern edge of Crown Center and envisions an entertainment...
Sunstone Hotel Investors Inc. (NYSE: SHO), a lodging real estate investment trust, announced the sale of the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate (NYSE: BX), for a gross sale price of $279 million, or approximately...
First quarter commercial/multifamily mortgage debt outstanding increased by $26.3 billion (0.5%) from the previous quarter to reach a total of $5.02 trillion, according to the Mortgage Bankers Association (MBA). Multifamily mortgage debt alone increased $23 billion...