REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

Rising property taxes in predominantly Black suburbs despite stagnant values
Chicago's southern suburbs' homeowners face a daunting dilemma: should they shoulder unsustainable debt or risk losing their homes due to soaring property taxes.
Black suburban residents face rising property taxes amidst stagnant home values nationwide.
Dallas-based Lone Star Funds Announces $2.7 Billion Real Estate Investment Venture
Dallas-based PE firm announces new commercial real estate investment strategy targeting opportunistic and value-add opportunities in direct equity and debt investments across 10 global locations.
Dallas-based Lone Star Funds announces $2.7 billion real estate investment venture in Texas.
University Health Acquires $28M Office Building for Cost-Effective Leasing
University Health, a public hospital district owned and operated by Bexar County, has expanded its presence in San Antonio to meet the increasing demand for more support staff.
University Health acquires office building in [location] for cost-effective leasing purposes.
Medical Properties Trust Acquires Real Estate from Steward Health Care
"BIRMINGHAM, Ala., September 11, 2024--Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced a global settlement agreement with Steward Health Care System ("Steward"), its secured lenders ("the...".
Medical Properties Trust CEO shakes hands with Steward Health Care executive in deal signing.
Golf Course Conversion in South Bay: A Battle Against Bureaucracy
Lakeside Communities partners Tony Arreola and Mark Lazzarini are working overtime to bring their vision of a project to life. With over 1,700 units planned, this project will revolutionize the South Bay area.
Golf course conversion in South Bay sparks controversy amidst bureaucratic hurdles.
Luxembourg Investor Eyes Boston Harbor Development
JAJ Investment Group, led by Frenchman Jacques Chahine, has recently acquired 400 acres of land along Boston Harbor for an undisclosed project. Speculations are rife about what the stunning development might be, but hints suggest an ambitious venture.
Luxembourg investor inspects Boston Harbor waterfront development project site.
Apollo Commercial Real Estate Finance, Inc. Announces Quarterly Common Stock Dividend
Uncover Apollo Commercial Real Estate Finance's latest dividend declaration and strategic vision. Explore how the company intends to overcome market obstacles and seize new growth prospects.
Businessman holding stock certificate in office setting with financial charts nearby.
NextHome Settles Copycat Commissions Dispute
Settlement Fund for Sitzer, Moehrl, and Gibson Approaches $1 Billion: Judicial Approval Pending
Real estate company NextHome settles dispute over commission copying practices nationwide.
Ben Herd Joins Haynes Boone as Real Estate Partner in Dallas
Ben Herd joins Haynes and Boone as a real estate partner in Dallas, as announced on Wednesday.
Ben Herd joins Haynes Boone law firm in Dallas as real estate partner.
Schmier expands its portfolio in Boca Raton with a new mixed-use complex
Schmier Property Group expands its Boca Raton portfolio with the acquisition of Boca Financial Plaza for $32 million, adding a mixed-use complex to its holdings.
Boca Raton development: Schmier's new mixed-use complex under construction
Hollywood Hills Mansion Sold to Filmmaker Lyn Lear for $24M
Award-winning filmmaker Lyn Lear recently purchased a luxurious Hollywood Hills estate for $24 million. Property records reveal that the trust linked to Lear, widow of renowned screenwriter and television producer Norman Lear, made the purchase.
Hollywood Hills mansion sold to filmmaker Lyn Lear for $24 million.
Maximize Your Real Estate Investment Potential: Smartphone Platform for Faster Seller Connections
smrtStudio Global Inc., creators of smrtPhone, proudly announce their new direct integration with Invelo, a CRM designed specifically for REI professionals. This exciting collaboration brings together two industry leaders to provide a seamless user experi
Real estate investors using smartphone platform for faster seller connections worldwide.
Unveiling the Future: Introducing Extell's 32-Story Diamond District Tower
Extell Development's new proposal for a 32-story Diamond District office tower at 574 Fifth Avenue replaces a previously planned supertall structure. The building will span 875,720 square feet and feature office spaces and three unique amenities.
Extell's 32-story skyscraper in Manhattan's Diamond District under construction.
Rupert Murdoch's $7.3B Offer: A Real Estate Revolution?
Rightmove rejects $7.3 billion takeover offer from Rupert Murdoch's REA Group, citing concerns over potential conflicts of interest.
Rupert Murdoch makes $7.3 billion real estate investment offer in major city.
Rass revives Smyrna's growth close to Truist Park
Rass Associates has proposed a new mixed-use development near Truist Park in Cobb County. The plan includes a 20-story apartment building with 650 units, two commercial buildings totaling 175,000 square feet, and an office space.
Smyrna mayor Rass stands near Truist Park, promoting local economic development.
Warehouse Development Restrictions: Industry Reactions
Recently passed legislation in California restricts new warehouses, sparking controversy among property owners and environmentalists alike. NAIOP, a prominent trade group for commercial real estate professionals, joins the political fray.
Business leaders react to new warehouse development restrictions in urban areas.
Real estate development trust files preliminary prospectus for initial public offering of units
VANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Anthem Citizen Real Estate Development Trust (the “REDT”) announced today that it has filed a significant document with a regulatory body, detailing its plans for future real estate developme
Real estate company files IPO prospectus in [location], seeking investment.
JaRyCo's Office Developments: A Haven for HQ Tenants
Two companies in Collin County have recently secured tenants for their headquarters: Atlantic Aviation and Fibergrate Structures. According to a report by the Dallas Morning News, these North Texas-based firms are expanding their office footprints through
Modern office building with lush greenery in downtown area, featuring happy employees.
Real Estate Acquisition: LA Apartment Complex Purchased for $62M
Orange County-based Advanced Real Estate has acquired a bargain property in Los Angeles from a Chicago investment group for $62 million.
Los Angeles apartment complex sold for $62 million in real estate acquisition.
Blackstone exits $34M Seattle suburb investment early
Unveiling a New Era: Blackstone Real Estate's Strategic Exit from Residence Inn Seattle Suburbs After a Decade-Long Struggle
Blackstone Group exits Seattle suburb investment, selling $34 million stake prematurely.

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