The delinquency rate for commercial mortgage-backed securities (CMBS) dropped for the second consecutive month after six months of increases, according to data from Trepp Inc. February’s overall delinquency rate decreased 26 basis points to 6.30%. One year ago, the...
The real estate development firm Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design its proposed $650 million Bear Village mixed-use family resort destination in Commerce, Georgia. According to the companies, the 120-acre...
The real estate investment trust Highwoods Properties Inc. (NYSE: HIW) has acquired Advance Auto Parts Tower, a 20-story, Class AA office tower located in the North Hills Best Business District of Raleigh, North Carolina. The 346,000-square-foot, LEED-gold certified...
Frontier Lithium, (TSXV: FL), a pre-production mining company, has completed its acquisition of a vacant industrial site on Mission Island in Thunder Bay, Ontario. The company closed on a previously disclosed unsecured convertible loan for aggregate proceeds of $3.35...
The Trump administration has set an April 14 deadline for federal agency director to submit plans for moving offices to “less-costly parts of the country.” The Washington Post reports the guidance was issued by the directors of the Office of Management and Budget and...