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.

Council Considers Broader Audits Amid Alleged $8M Tax District Misuse
Houston's development zones face scrutiny after corruption scandal, with City Council considering expanded audits and probes into spending practices.
City council meeting discussing audits after $8M tax district misuse allegations.
Lenox Hill Development Moves Forward with 148-Unit Project
First Avenue Development: Manocherian Brothers Plan Demolition Near 73rd Street Intersection
Rendering of 148-unit Lenox Hill development project progressing.
Cook County report highlights tax assessment disparities, recommends overhaul
Cook County Board President Toni Preckwinkle uncovers flaws in commercial property tax assessments, finding widespread undervaluation.
Cook County report shows tax assessment disparities, suggests overhaul.
Twin Real Estate Brokers Freed After Sex Trafficking Conspiracy Charges Dropped
Brothers face state and federal charges in Miami and Manhattan over high-profile real estate dealings.
Twin real estate brokers released after sex trafficking charges dismissed.
ERA Real Estate Unveils "Aspire to More" Homebuyer Initiative
ERA Real Estate Launches New Global Franchise Platform Within Anywhere Real Estate Portfolio.
ERA Real Estate launches 'Aspire to More' homebuyer program
Macy's Boosts Property Sale Target to $275 Million for Next Year
Activist investors push Macy's to monetize real estate; company expects $275M in property sales next year.
Macy's increases property sale target to $275 million for next year.
M/I Homes Acquires 220 Acres Amid Sizzling Residential Demand
M/I Homes expands into Charlotte region with Amber Glen, a 184-home community blending suburban ease and urban energy.
M/I Homes acquires 220 acres in response to high residential demand.
European Real Estate Reporter Wanted at Bloomberg News
Bloomberg seeks London-based Real Estate Reporter to cover European commercial property market.
Image: Person holding microphone interviewing real estate professionals in Europe for Bloomberg News.
Data Center Demand Booms as Tech Meets Real Estate Goldmine
Kevin O'Leary notes rising demand for data centers, calling them "real estate meets tech" with significant potential.
Data center with servers in high demand, tech and real estate merge.
NAR Dues Transparency: A Call for Clarity from a Journalist's Perspective
Debra Kamin calls for transparency on NAR's spending after sparking controversy with a New York Times exposé.
NAR journalist calls for clarity on dues transparency in real estate industry.
Broward County Developer Acquires Former Sears Site in North Miami for $28 Million
Midtown Miami developer Jon Samuel acquires shuttered Sears site in Broward County for $28M.
Broward County developer buys North Miami Sears site for $28 million.
Economists forecast reduced pace of interest rate reductions for next year
Economists predict slower interest rate cuts from the Federal Reserve next year.
Economists predict slower interest rate cuts in upcoming year.
Energy Corridor Complex Sold After Distressed Sale Process
Florida's Accesso Partners to sell Houston office portfolio valued at $26M.
Energy Corridor Complex sold in distressed sale, new ownership secured.
Proposed fee ban sparks fears of underground real estate transactions.
Landlords, brokers find ways to circumvent NYC's impending broker fee law through secret arrangements.
Image: Real estate agent exchanging cash in shadowy alleyway, fee ban impact.
Alt text: Real estate agent in alley exchanging cash, fee ban concerns.
Northwest Healthcare REIT Declares Q4 2024 Distribution Payment
Northwest Healthcare Properties REIT Announces Operations in North America.
Northwest Healthcare REIT announces Q4 2024 distribution payment, financial report.
Landlord-Tenant Disputes Highlight Systemic Failures
New York's courts let both problem tenants and landlords exploit loopholes, but with different consequences.
Landlord and tenant arguing in front of apartment building, highlighting systemic failures.

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