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.

Cook County sees record-low property tax revenue this year
Cook County's property tax collection rate drops to 95.1%, lowest since 2012, with $225M uncollected.
Chicago's Cook County experiences historic low in property tax revenue collection.
Deep Discount Secures Buyer for Loop Office Tower Sale
Florida Firm Eyes Loop Office Tower Amid Chicago Commercial Market Challenges
Chicago office tower sale secured with deep discount by new buyer.
Knighthead intensifies opposition to Goodman's migrant shelter plans
Knighthead Funding sues Chicago developer Scott Goodman over $11.5M West Loop loan tied to migrant crisis.
Knighthead CEO opposes migrant shelter plans in local community meeting.
Prosper Pays $31M for North Bay Village Condo Development Site
MG Developer and Prosper Group Acquire Waterfront Condo Site in North Bay Village for $30.9M.
Prosper buys North Bay Village condo development site in Miami-Dade County for $31 million.
Freddie Mac resumes dealings with Meridian Investment Partners
Ralph Herzka's Meridian Capital Group set to resume Freddie Mac deals after nearly year-long hiatus.
Freddie Mac executives meet with Meridian Investment Partners in Washington D.C.
Meet the Mysterious Buyer of Fort Worth's Skyscraper Crown Jewel
New Owner of Fort Worth's Tallest Tower: Rural Texan Andy Hansen Jr. Acquires Burnett Plaza for $12/Sq Ft.
Fort Worth skyscraper buyer revealed in mysterious real estate deal announcement.
PayPal leases 90K sq ft at Domain in Austin tech hub
Big tech players like Google, PayPal, and Amazon are expanding or entering Austin's office market.
PayPal leases 90,000 square feet of office space in Austin's Domain area.
Protecting Corporate Real Estate from Adverse Possession Claims
Massachusetts close corporation shareholders can acquire corporate property through adverse possession, as ruled in Szawlowski v. Szawlowski Realty, Inc.
Businessman standing in front of office building with lawyer discussing property rights.
Bidder Withdraws from Long Island Retirement Facility Acquisition Deal
Iowa's LCS Terminates $104M Sale of Harborside Community in Port Washington.
Long Island retirement facility acquisition deal collapses as bidder withdraws investment.
Deer District Development Update: Offices, Residences, and Entertainment Projects Progressing
Deer District in downtown Milwaukee sees surge in developments, led by the Milwaukee Bucks.
Deer District development update: offices, residences, and entertainment projects under construction in downtown Cincinnati.
East Capital Expands Miami-Dade Industrial Portfolio with $48M Aventura Area Acquisition
East Capital Partners Expands Miami-Dade Industrial Portfolio with Third Warehouse Acquisition This Year.
Aventura industrial complex in Miami-Dade acquired by East Capital for $48 million.
Williamson County Real Estate Insights: Emerging Trends and Market Analysis
Join Williamson Inc. for its annual Market Update luncheon, featuring insights into local residential and commercial real estate trends.
Williamson County real estate market trends and analysis with local experts discussing growth.
From High School to High Returns: The Unconventional Path to a $750K Real Estate Income
College Dropout Earns $2 Million Annually by Leasing Apartments Long-Term, Renting Short-Term.
High school graduate achieves $750K real estate income through unconventional investment strategy.
Jamee Jolly Appointed as New Leader of The Real Estate Council in Uptown Dallas
A former Texas House candidate and nonprofit leader is now president/CEO of The Real Estate Council.
Jamee Jolly appointed as new leader of The Real Estate Council in Uptown Dallas.
Zillow maintains stance against rival home listing platforms
President Susan Daimler reaffirms company support for Clear Cooperation Policy, criticizes private networks as detrimental to consumers and agents.
Zillow executive addresses investors at Seattle headquarters amidst industry competition.
Sears' Hail Mary Plan: Begging Landlords for Relief
Sears Seeks Rent Concessions from Landlords Amid Financial Struggles
Sears executives plead with landlords for financial relief in desperate bid.
Mormon Church Affiliate Acquires 46 Rural Properties in 8 US States
Farmland Partners Inc. sells 46 farms in eight US states to Farmland Reserve Inc., a Church of Jesus Christ of Latter-day Saints affiliate.
Mormon church affiliate purchases 46 rural properties across eight US states.
Copia Lending Acquires San Jose Office Property Amid Bankruptcy Proceedings
Copia Lending purchases 105,000 sqft office building in North San Jose for $23.7M after previous owner defaults on $29M loan.
Copia Lending acquires San Jose office property amidst bankruptcy proceedings.

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