The sudden and unexpected closure of a major Philadelphia art school could create a major upheaval in the city’s commercial real estate market with properties coming up for sale at once. According to a Philadelphia Inquirer report, the University of the Arts will shut...
The median home price in the Mid-Atlantic region hit a record high in April at $410,000, according to new data from the Bright MLS service. Last month, the Mid-Atlantic region saw 25,772 new listings, up 14.7% from one year earlier while active listings were 17.2%...
UMH Properties Inc. (NYSE: UMH) has expanded its partnership with Nuveen Real Estate, a TIAA company, by way of a new joint venture. According to the companies, the joint venture focuses on the development of a new manufactured housing community located in Honey...
A Phil Hall Op-Ed: Last week was a dismal period for the retail sector, with two stories that highlighted an out-of-control danger that is not being addressed at a federal level. One story involved Target Corp. (NYSE:TGT), which announced it was closing nine stores...
Philadelphia’s Drexel University has announced plans to establish the Wilbur C. Henderson Real Estate Institute in the Bennett S. LeBow College of Business. The institute will serve as a center for research, teaching and outreach that connects industry leaders with...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
