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Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding

Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding

by Phil Hall | Jun 3, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Now, here’s something that we don’t see every day: a professional sports team that is willing to pay for a new stadium without any public funding. The Wall Street Journal reports Major League Soccer’s Chicago Fire has reached a deal with its hometown’s officials to...
Oceanfront Oregon Hotel Listed for Sale

Oceanfront Oregon Hotel Listed for Sale

by Phil Hall | Jun 3, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hilco Real Estate Sales and Marcus & Millichap (NYSE: MMI) announced the sale of the Shilo Inns Newport Oceanfront, a 179-room, full-service hotel located directly on the Pacific Ocean at Newport, Oregon. The hotel was built in 1966 and spans nearly 2.5 acres...
Hyatt Launches New Upscale Hotel Brand

Hyatt Launches New Upscale Hotel Brand

by Phil Hall | May 30, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Hyatt Hotels Corporation (NYSE: H) has unveiled Unscripted by Hyatt, the newest brand in its Essentials portfolio. According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.”...
Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million

Strawberry Fields REIT Acquires 9 Missouri Healthcare Facilities for $59 Million

by Phil Hall | May 28, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Strawberry Fields REIT Inc. (NYSE American: STRW) is paying $59 million to an unaffiliated seller for the purchase of nine healthcare facilities in Missouri. The nine facilities are comprised of 686 licensed beds. The company plans to lease eight of the facilities to...
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

by Phil Hall | May 21, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
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