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.

Minnesota Real Estate Hall of Fame adds new honorees from St. Thomas community
Six McGough Construction family members and a Brighton Development co-founder join the Minnesota Real Estate Hall of Fame.
Minnesota Real Estate Hall of Fame inducts St. Thomas community members.
Chicago schools seeks alternative funding sources for capital projects
Chicago Public Schools CEO seeks nearly $1B from TIF funds to address budget crisis.
Chicago school officials explore alternative funding options for infrastructure development projects.
Coral Gables Office Complex Owner Faces $77 Million Foreclosure Suit
Värde Partners seeks foreclosure on Coral Gables office complex owner over $77.4M debt.
Coral Gables office complex owner faces foreclosure suit in Miami-Dade County court.
Webster Bank Seeks Repayment from Shaya Prager
New Jersey investor Shaya Prager faces financial crisis as Webster Bank claims default on $153m loans.
Webster Bank executive seeks repayment from Shaya Prager in court.
Dallas-Fort Worth office construction hits unexpected slowdown
Dallas-Fort Worth Office Construction Hits First Major Lull in Over a Decade.
Dallas-Fort Worth skyline with halted office construction cranes in background.
Hollywood Greenlight for New Apartment High-Rise Project
Artisan Ventures wins LA City Council approval for 25-story Hollywood apartment complex.
Hollywood officials approve new high-rise apartment project amidst city's growing residential landscape.
Aimco to Sell Hamilton Tower and Edgewater Site in Combined $204 Million Deal
Aimco sells Hamilton apartment tower, adjacent land for $204M amid South Florida asset sales.
Apartment complex developer Aimco selling Hamilton Tower and Edgewater site for $204 million.
New York Casino Bill Aims to Clear Path for Flushing Development
Sen. Jessica Ramos' casino blockage may not last; Gov. Kathy Hochul's 2025 budget plan could revive Steve Cohen's Citi Field project.
New York lawmakers propose casino bill to spur development in Flushing Meadows.
Beverly Hills Hotel Owner Secures Additional Loan Extension
Sixty Collective secures fourth loan extension for $38m debt tied to Sixty Beverly Hills hotel.
Beverly Hills hotel owner secures loan extension at luxury California resort.
Dallas investor acquires downtown Greyhound bus station site
Greyhound building to be repurposed as part of downtown revitalization effort.
Dallas businessman purchases historic downtown Greyhound bus station property redevelopment site.
Commercial Real Estate Firms Back SparkYouth Investment Platform
SparkYouth, a 29-year-old NYC nonprofit, has built a leadership network of engaged real estate professionals to support mission-based youth development programs.
Commercial real estate firms invest in SparkYouth investment platform in New York City.
Whitestone REIT Acquires Increased Offer from MCB Real Estate for $750 Million
Houston-based Whitestone REIT faces new takeover bid from largest shareholder's firm, MCB Real Estate.
Whitestone REIT acquires increased offer from MCB Real Estate in New York.
City Officials Face Corruption Probe Over CRE Leases
New York City Mayor Eric Adams' administration faces corruption probe tied to commercial real estate.
City officials under investigation for corruption in commercial real estate lease deals.
Rising Star in Real Estate: A Small Firm's Path to Success
MacNaughton expands portfolio with acquisition of three local hotels.
Real estate entrepreneur rises to success with small firm in downtown city.
Michael Jordan's $70M Private Jet Purchase Revealed
NBA Legend Drops $70 Million on Customized Private Jet Inspired by Iconic Air Jordans
Michael Jordan purchases $70 million private jet in luxury aviation deal.
O'Hare Office Complex Faces Potential Foreclosure Amid $147M Debt Burden
Minnesota Investor Nears Deal for Discounted Office Complex Near O'Hare Airport
O'Hare office complex in Chicago faces potential foreclosure due to debt.

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