The Trump administration has paid $87.4 million purchased a nearly 520,000-square-foot warehouse in Pennsylvania’s Berks County for use as an immigration detention center. ABC27.com reports the warehouse was acquired on behalf of the Department of Homeland Security...
The outdoor apparel chain Eddie Bauer is in line to become the next retailer to shut down its stores. According to combined media reports, Catalyst Brands, which operates the Eddie Bauer retail chain, is preparing to file for Chapter 11 bankruptcy. However, while some...
The delinquency rate for commercial mortgage-backed securities (CMBS) increased from 7.30% in December to January by 17 basis points to 7.47%, according to new data from Trepp Inc. One year ago, the overall CMBS delinquency rate was 6.56%. “The increase was driven by...
The artificial intelligence company Anthropic has signed a lease to become the single tenant for an entire San Francisco skyscraper. The San Francisco Chronicle reports the company will occupy the entirety of 300 Howard Street in the city’s Financial District. The...
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
