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.

Greg Bialeki's Lasting Impact: From Real Estate to Life Sciences in Massachusetts
Bialecki's legacy: New roads, relaxed zoning, and thousands of biotech jobs created under his leadership.
Greg Bialecki, Massachusetts business leader, transitions from real estate to life sciences.
Oakland Investor Acquires Office Complex at $65 per Square Foot
Oakland Landlord Affiliate Lands Office Complex at Reduced Price of $13 Million.
Oakland investor purchases office complex at $65 per square foot in California.
Blackstone Settles Tenant Lawsuit for $15 Million Over Rent Disputes
Blackstone pays $15M to settle rent-stabilization overcharge claims at NYC's Parker Towers.
Blackstone settles tenant lawsuit in New York City over rent disputes.
Elie Schwartz Charged with Federal Crimes in Nightingale Case
Nightingale Properties CEO Elie Schwartz Faces Arraignment Amid DOJ Probe and Expected Federal Charges.
Elie Schwartz arrested on federal charges related to Nightingale case investigation.
Toronto Fall Real Estate Market Slows Down
Toronto area sales momentum: Did October's uptick persist into November?
Toronto real estate market slows down amidst autumn season slowdown.
Parkview initiates foreclosure proceedings at Yonkers property
Yonkers Self-Storage Facility: A Once-Foolproof Investment Now Threatened by High Costs and Interest Rates.
Parkview forecloses on Yonkers property, initiating legal action against owner.
Multifamily Growth Outpaces Housing Shortage Despite 54% Increase
Multifamily units surged 54% since 2005, outpacing single-family home growth at 16.7%.
Multifamily housing growth surges in US cities despite severe housing shortage.
Loop Office Tower Faces $75 Million Foreclosure Lawsuit Against Accesso Partners
Accesso Partners faces potential loss of Chicago office building due to unpaid $75M debt.
Loop Office Tower in Chicago faces foreclosure lawsuit by Accesso Partners for $75M.
New Jersey Developer Sues Lender Over Foreclosure of Mixed-Use Property
Meyer Chetrit Sues Lender After Defaulting on $54 Million NJ Property Mortgage
New Jersey developer sues lender over foreclosure of mixed-use property in dispute.
Real Estate Investors (LON:RLE) Shareholders Suffer 10-Year Decline
Achieving Higher Returns Than the Market: A Challenge Even Top Stocks Face
UK-based real estate investors RLE shareholders experience decade-long stock decline.
Apple expands presence in Philadelphia's University City neighborhood
Apple expands into new space on Penn 11's 11th floor, adding 61,000 sq ft and reaching 460,000 sq ft total.
Apple store opens in Philadelphia's University City neighborhood, expanding local presence.
Fort Worth Landmark Office Property Sold to Wilks Development
Wilks Development expands commercial portfolio with acquisition of One Ridgmar Centre in west Fort Worth.
Fort Worth office building sold to Wilks Development company in downtown area.
Electra Group secures $125M pre-development loan for $1B Cutler Bay megaproject
Electra America and BH Group secure $125M predevelopment loan for $1B Cutler Bay project.
Electra Group receives $125 million loan for Cutler Bay, Florida, megaproject development.
Moore & Van Allen Welcomes David Freda to Real Estate Practice Group
David Freda joins Moore & Van Allen's commercial real estate group in Charleston, S.C.
Law firm Moore & Van Allen welcomes David Freda in Charlotte.
LA Landlord Neil Shekhter Remembered by Community
Los Angeles Landlord Neil Shekhter Passes Away, Remembered by Family for Love and Humor.
LA landlord Neil Shekhter remembered at community tribute in Los Angeles.
IMC Equity Acquires Miami Shopping Center for $62 Million
IMC Equity Group Acquires Miami Retail Center for $62M, Achieving 32.6% Discount on Original Purchase Price.
IMC Equity acquires Miami shopping center in multi-million dollar real estate deal.
Brandy Melville opens men's store on Gold Coast with Acadia as anchor tenant
Brandy Melville Expands into Larger Retail Storefront in Chicago's Gold Coast.
Brandy Melville men's store opens on Australia's Gold Coast with Acadia.
Sagard expands multifamily holdings with Houston acquisition
Sagard Real Estate doubles down on multifamily and industrial pivot with Houston investment purchase.
Sagard acquires multifamily properties in Houston, expanding US real estate portfolio.
Texas Broker Challenges Mandatory Membership Requirements
New complaint alleges MLS access restrictions are monopolistic, echoing concerns in Michigan and Pennsylvania.
Texas broker challenges mandatory membership requirements in state insurance industry regulations.

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