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BurgerFi Files for Bankruptcy, To Close 67 Eateries

BurgerFi Files for Bankruptcy, To Close 67 Eateries

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Fort Lauderdale-headquartered BurgerFi International (NASDAQ: BFI), the parent company of BurgerFi and Anthony’s Coal Fired Pizza, has filed for Chapter 11 bankruptcy. BurgerFi was founded in 2011 and went public in 2020, acquiring Anthony’s Coal Fired Pizza &...
Brennan Investment Group Acquires 17-Building Industrial Portfolio

Brennan Investment Group Acquires 17-Building Industrial Portfolio

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Chicago-based real estate investment, has acquired Yorkbrook Business Park, a 17-building industrial portfolio located in Lombard, Illinois. The portfolio covers 740,000 square feet across the 17 individual buildings and is located on...
Report: FTC Probes Takeover Bid of 7-Eleven Parent

Report: FTC Probes Takeover Bid of 7-Eleven Parent

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The U.S. Federal Trade Commission (FTC) has notified Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, that it plans to investigate potential antitrust concerns related to the unsolicited acquisition bid by Canada’s...
West77 Partners Expands Into Phoenix Market

West77 Partners Expands Into Phoenix Market

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

West77 Partners, a real estate investment and development firm based in Bellevue, Washington, and Salt Lake City, has opened a new office in the greater Phoenix market. According to the company, the new office will handle its construction of multiple LivAway Suites...
Scioto Properties Acquires 277-Property Portfolio for $80 Million

Scioto Properties Acquires 277-Property Portfolio for $80 Million

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states. The acquisition is the...
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