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Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

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...
Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation

Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation

by Phil Hall | Feb 12, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
The Iowa Bears? Hawkeye State Eyes Chicago Team

The Iowa Bears? Hawkeye State Eyes Chicago Team

by Phil Hall | Feb 11, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year

MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year

by Phil Hall | Feb 10, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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 to Begin Renovations and Upgrades at 3 Mall Properties

Simon to Begin Renovations and Upgrades at 3 Mall Properties

by Phil Hall | Feb 5, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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...
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