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Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion

Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion

by Phil Hall | Jul 1, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...
Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District

Kansas City Royals Submit Rezoning Plan for New Stadium and Entertainment District

by Phil Hall | Jun 30, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kansas City Royals have submitted a plan that would rezone a section of downtown Kansas City to create a 90-acre urban redevelopment district. Fox4KC.com reports the application focuses on the southern edge of Crown Center and envisions an entertainment...
Sunstone Hotel Investors Sells the Hyatt Regency San Francisco for $279 Million

Sunstone Hotel Investors Sells the Hyatt Regency San Francisco for $279 Million

by Phil Hall | Jun 23, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sunstone Hotel Investors Inc. (NYSE: SHO), a lodging real estate investment trust, announced the sale of the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate (NYSE: BX), for a gross sale price of $279 million, or approximately...
Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion

Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion

by Phil Hall | Jun 19, 2026 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

First quarter commercial/multifamily mortgage debt outstanding increased by $26.3 billion (0.5%) from the previous quarter to reach a total of $5.02 trillion, according to the Mortgage Bankers Association (MBA). Multifamily mortgage debt alone increased $23 billion...
Feds Sell Trump’s Former DC Hotel for $80 Million

Feds Sell Trump’s Former DC Hotel for $80 Million

by Phil Hall | Jun 10, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The federal government sold has sold the Waldorf Astoria hotel in Washington, DC, which was originally the Post Office Building, for $80 million. The Wall Street Journal, sourcing its’ coverage from unnamed “people familiar with the matter,” report the sale involves...
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