Commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion this year, according to an updated forecast from the Mortgage Bankers Association (MBA). This represents a 16% increase from 2024’s estimated total of $503 billion....
The Department of Homeland Security (DHS) has fired four employees of the Federal Emergency Management Agency (FEMA) for making an unauthorized transfer of $59 million to New York City hotels housing illegal immigrants. DHS released a statement to Fox News announcing...
A 151,339-square-foot medical/office building in Fairlawn, New Jersey, has sold for $22 million. Located along Route 208, the three-story property was built in 1986 and is anchored by Summit Health, which consolidated five area sites and practices at this location....
Hyatt Hotels Corporation (NYSE: H) is acquiring all outstanding shares of Playa Hotels & Resorts NV (NASDAQ: PLYA) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Playa is the owner and operator of...
San Francisco’s Golden Gate University is making another attempt to sell off part of its campus as a strategy to cover its frayed financial health. The San Francisco Business Times reports the school listed its primary campus building three years ago for an...
VineBrook Finalizes $30 Million Tender Offer With 33% Proration
