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.

Abandoned Staten Island Mall: Nordstrom Rack's Departure Leaves a Void
Nordstrom Rack's Departure from Empire Outlets: A Blow to Staten Island Mall
Empty storefront of Nordstrom Rack at abandoned Staten Island mall in New York.
Location Ventures' Receiver Seeks to Sell Miami Beach Development Site for $18M
Receiver Bernice Lee files a motion on Tuesday to obtain a court order from U.S. District Judge Cecilia M. Altonaga for selling a Miami Beach development site for $17.5 million.
Location Ventures receiver seeks to sell Miami Beach development site for 18 million dollars.
KKR Real Estate Finance Trust Inc. Announces Quarterly Dividend of $0.25 Per Share of Common Stock
KREF Declares Third Quarter Dividend of $0.25 Per Share KREF Announces Third Quarter Dividend of $0.25 Per Share
KKR REIT announces quarterly dividend payment for common stockholders nationwide.
Celina's Real Estate Boom: Cedarwood Apartments Coming Soon!
Cedarwood Development is moving forward with plans to build a 272-unit multifamily community about an hour north of Dallas in Celina. The four-story complex, tentatively named Topaz at Light Farms, will be built on a 14.1-acre site at Knox Street and...
Celina's new Cedarwood Apartments under construction in a rapidly growing real estate market.
Austin Apartments at Risk: Tides Faces Foreclosure on $30M Properties
Tides Equities' Austin Acquisition in Jeopardy: Bridge Investment Group Eyes Foreclosure on Cameron Road Property
Tides apartment complex in Austin faces foreclosure threat with $30 million properties.
Extell Development Company has found a new partner for its Diamond District hotel project in Manhattan, despite ongoing legal disputes.
Extell Development's Diamond District hotel project is under legal scrutiny, but they've found a new partner in Kimpton Hotels & Resorts for their 33-story, 529-key venture at 32...
Extell Development partners with new firm on Manhattan's Diamond District hotel project.
Kane County Approves Crown Community Development's Mixed-Use Project
Sugar Grove's village board has approved Crown Community Development's proposal to construct The Grove, a sprawling 761-acre master-planned community situated approximately 45 miles west of Chicago. The board voted 4-2 in favor of annexing the land parcel
Kane County officials approve mixed-use development project in Illinois by Crown Community.
Medical Examiner Abandons West Loop Relocation Plans
Cook County abandons plans to move medical examiner's office to West Loop, ending months of speculation. Proposed relocation involved acquiring a two-building complex from Neil Doyle's TradeLane Properties for $15.5 million.
Medical examiner's office remains in Chicago's West Loop after relocation plans are abandoned.
Fannie Mae takes legal action against affiliates of troubled Philadelphia landlord for $60 million.
Philadelphia landlord Philip Pulley faces a $60 million lawsuit from Fannie Mae over allegations of voter fraud, double voting, crumbling buildings, and slumlord accusations.
Fannie Mae sues Philadelphia landlord's affiliates for $60 million in court.
Reimagining Mixed-Use Development in LA: A New Perspective for Buyers
Mixed-Use Projects in Los Angeles: A New Era of Urban Development Mixed-use projects are transforming the urban landscape of Los Angeles, as developers aim to create vibrant city centers that cater to evolving lifestyles. Experts discussed this trend duri
Los Angeles mixed-use development concept with modern architecture and urban landscape.
Discover Warehouse District's Hidden Gems: Small Buildings with Big Potential
Unique opportunity in Austin's Warehouse District: Develop a landmark on Congress Avenue and 101 West, adjacent to Shiner's Saloon.
Exploring small buildings in Chicago's Warehouse District with redevelopment potential.
Commercial Bargain Executive to Manage $4B Fund in Phoenix
ElmTree Funds has named Blake Curtis as its new director of acquisitions to oversee $4 billion in funds for bargain-hunting in the commercial real estate market.
Commercial executive manages $4 billion fund in Phoenix financial district.
Judge Declares Trump Tower a Public Nuisance Due to Fish Deaths
Trump's Chicago Tower Under Fire: Judge Thaddeus L. Wilson declares the building a public nuisance due to environmental violations.
Trump Tower in Chicago declared public nuisance due to fish deaths nearby.
CU Boulder receives a generous donation for real estate education.
Alumnus Michael Klump, a successful philanthropist and real estate entrepreneur, has generously donated $15 million to promote real estate education at the University of Colorado Boulder.
University of Colorado Boulder campus with students learning about real estate development.
NAR's Latest Guidelines: A Comprehensive Guide to Agent Compensation
NAR's New Education Initiative: Embracing Change for a Better Real Estate Experience The National Association of Realtors (NAR) has recently implemented new rules in the real estate industry, and they're doubling down on education and outreach to buyers a
National Association of Realtors (NAR) guidelines on agent compensation practices nationwide.
Miami-Dade's $182M Acquisition: New Offices for Departments
Miami-Dade County acquires a 1970s office complex for $182 million to house various departments. The Current Miami at 9250 West Flagler Street was sold to Miami-Dade by an affiliate of New York-based Bushburg Properties, as per records and real estate dat
Miami-Dade County officials gather at new office complex construction site in Florida.
Lone Star Funds Secures $2.7B for Deep Value Assets Across Three Continents
CEO Donald Quintin of Lone Star Funds has secured $2.7 billion in capital to capitalize on distress in commercial real estate sector on three continents.
Lone Star Funds receives $2.7 billion investment across three continents globally.

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