An affiliate of a Singapore-based real estate investment group has acquired a Connecticut shopping plaza for $21.4 million. United Hampshire US REIT is the new owner of Wallingford Fair Shopping Center in Wallingford, Connecticut. According to the company, the...
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s mayor has a plumbing update. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 19-23. Miss: The Justices Are Not...
The beleaguered San Francisco Centre, a once-grand shopping center that hosted 200 retail stores prior to the pandemic, is permanently closing on Jan. 26. The San Francisco Chronicle reports an employee at Ecco’s, the mall’s last remaining tenant, confirmed the...
The women’s fashion retailer Francesca’s has begun closing all store locations. According to Women’s Wear Daily, the chain has more than 450 stores in 45 states, with 3,400 employed as associates. Francesca’s first opened in 1999 and filed for Chapter 11 bankruptcy in...
The Aldi discount supermarket chain has announced plans to open more than 180 stores by the end of the year. The new plans include the first Aldi store in Maine, along with continued growth in Southeast and West markets plus the opening of three new distribution...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
