The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
The Chinese owners of New York City’s Waldorf Astoria are putting the iconic hotel up for sale months after it reopened following a multibillion-dollar renovation. The Wall Street Journal reports the property’s eight-year, $4 billion overhaul was five years behind...
Another state has taken an interest in moving the Chicago Bears out of Illinois. KTIV reports State Sen. Kerry Gruenhagen, a Republican member of the Iowa legislature, has introduced a proposal to attract the Bears by funding a new stadium for the NFL team. The Bears...
The Mortgage Bankers Association (MBA) is forecasting that total commercial mortgage origination volume will increase to $805.5 billion in 2026 from the $633.7 billion expected in 2025 while multifamily origination volume will rise to $399.2 billion in 2026 from the...
Simon Property Group (NYSE: SPG), the Indianapolis-based real estate investment trust, announced an investment program of more than $250 million to further elevate three retail assets in its portfolio: The Mall at Green Hills in Nashville, Cherry Creek Shopping Center...