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Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums

Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums

by Phil Hall | May 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Missouri Gov. Mike Kehoe has called a special session of the state legislature that will review a bill to enable the NFL’s Kansas City Chiefs and MLB’s Kansas City Royals to issue bonds up to the annual amount they generate in state tax revenue over 30 years, in turn...
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, News/Current 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...
Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment

Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment

by Phil Hall | May 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The memecoin Purple Pepe (PURPE) has gained its first acceptance as the payment format on a real estate transaction. Missouri-based real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. According to...
Sky Real Estate Acquires Missouri Shopping Center from Simon Property Group

Sky Real Estate Acquires Missouri Shopping Center from Simon Property Group

by Phil Hall | Nov 22, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sky Real Estate, an investor focused on commercial properties across multiple sectors, has acquired Osage Beach Outlet Marketplace in Osage Beach, Missouri, from a subsidiary of Simon Property Group Inc. (NYSE: SPG). The 391,000-square-foot shopping center is located...
Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

by Phil Hall | Oct 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) filed a lawsuit against owners and managers of Suburban Heights Apartments, a residential rental property in the St. Louis suburb of Kinloch, Missouri, alleging that they discriminated against prospective Black tenants by banning...
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