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Wave of “Rescue” Capital Moves on Ahead of Opportunistic Buyers
News 3 hours ago
Wave of “Rescue” Capital Moves on Ahead of Opportunistic Buyers

Rescue capital is hoping to beat opportunistic investors to the punch when it comes to providing needed liquidity to distressed commercial real...

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Adaptability: The Ultimate Virtue
News 3 hours ago
Adaptability: The Ultimate Virtue

One question that real estate investors often ponder is, what does it mean to be a good sponsor? At first glance, it seems that a good sponsor is...

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MBJ on WMC-TV: Dr. Alisa Haushalter, director of the Shelby County Health Department, wins 2020 Health Care Heroes award for fight against COVID.
News 3 hours ago
MBJ on WMC-TV: Dr. Alisa Haushalter, director of the Shelby County Health Department, wins 2020 Health Care Heroes award for fight against COVID.

Every weekday at about 4:10 p.m., Memphis Business Journal editor-in-chief Greg Akers appears on WMC Action News 5 to discuss the latest business...

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E.W. Scripps announces $325M deal with SiriusXM
News 3 hours ago
E.W. Scripps announces $325M deal with SiriusXM

E. W. Scripps is selling its fast-growing podcasting business Stitcher. The Cincinnati-based media company announced Monday plans to sell Stitcher...

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NY AG Letitia James Settles Harassment Claims Against Trade Off
News 3 hours ago
NY AG Letitia James Settles Harassment Claims Against Trade Off

Nearly three years after accusations surfaced against TradeOff Construction Services, the firm has agreed to settle sexual-harassment and other...

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Fed’s Support for Corporate Debt Has Been a Wall Street Bonanza
News 3 hours ago
Fed’s Support for Corporate Debt Has Been a Wall Street Bonanza

Fees for underwriting blue-chip U. S. company bonds in the first half of the year essentially doubled to more than $7 billion, according to data...

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Allegheny Health Network to present new institutional master plan to Pittsburgh Planning Commission
News 3 hours ago
Allegheny Health Network to present new institutional master plan to Pittsburgh Planning Commission

New 10-year plan for Bloomfield hospital complex to include new space for expansion as well a large parking facility....

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Guest column by Mark Yates, Black Business Association of Memphis: Racial wealth gap is the primary force in inequality, social justice
News 3 hours ago
Guest column by Mark Yates, Black Business Association of Memphis: Racial wealth gap is the primary force in inequality, social justice

"We are now faced with the fact that tomorrow is today. We are confronted with the fierce urgency of now. In this unfolding conundrum of life and...

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Layoffs come to GM's Wentzville plant
News 3 hours ago
Layoffs come to GM's Wentzville plant

General Motors is temporarily ditching its third shift at its assembly plant in Wentzville, prompting layoffs, according to reports. United Auto...

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SCF Marine's container on barge (COB) service participates in carbon-offset program in Memphis terminal.
News 3 hours ago
SCF Marine's container on barge (COB) service participates in carbon-offset program in Memphis terminal.

A Florida-based logistics firm is using its terminal at the International Port of Memphis to become more environmentally sustainable. SCF Marine...

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Gilbert isn't giving up wealth, control — he's amassing it
News 3 hours ago
Gilbert isn't giving up wealth, control — he's amassing it

Dan Gilbert's fingerprints are all over downtown Detroit, and taking Quicken Loans public is unlikely to change that any time soon. Dan Gilbert can...

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Forget Big Cities as Firms, Investors Set Sights on Smaller Markets
News 3 hours ago
Forget Big Cities as Firms, Investors Set Sights on Smaller Markets

It wasn't long ago when big city office skyscrapers and downtown apartment towers offering the proverbial live-work-play lifestyle were the gem in...

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These Banks Inked Fat Fees from PPP Loans to Real Estate
News 3 hours ago
These Banks Inked Fat Fees from PPP Loans to Real Estate

Banks are fattening their wallets with fees for processing Small Business Administration Paycheck Protection Program loans to U. S. companies. Here...

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Press Release 3 hours ago
Matthews™ Arranges the Sale of an Ashley Furniture HomeStore in New Hampshire for $7.7M

Matthews™ Chuck Evans Brokers the Sale of an Ashley Furniture HomeStore in Nashua, NH Cleveland, OH - Matthews Real Estate Investment Services™,...

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Global Net Lease Completes $88 Million Whirlpool Financing
News 3 hours ago
Global Net Lease Completes $88 Million Whirlpool Financing

Global Net Lease, Inc. (NYSE: GNL) announced today that the Company, through certain of its subsidiaries, entered into a financing transaction with...

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NAI Mertz sells 40,000-square-foot Bellmawr office building for $1.8M
News 3 hours ago
NAI Mertz sells 40,000-square-foot Bellmawr office building for $1.8M

The buyer also retained the Mount Laurel firm as exclusive leasing agent for the property, which is located within Interstate Business Park. The...

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Miami Herald parent McClatchy to be acquired by hedge fund
News 3 hours ago
Miami Herald parent McClatchy to be acquired by hedge fund

The parent of the Miami Herald announced Sunday that its largest debtor submitted the winning bid in a bankruptcy auction of the company....

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Press Release 3 hours ago
Blaux Portable AC

The Blaux Portable AC is exactly what it seems like – a cooling framework that can be worn around the neck with three diverse positionable wind...

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Duke University buys Cambria Hotel Durham, plans to rebrand
News 4 hours ago
Duke University buys Cambria Hotel Durham, plans to rebrand

Duke University added to its collection of hotels this week with the purchase of a two-building property. The university paid $8.95 million for the...

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St. Louis Fed gets new COO
News 4 hours ago
St. Louis Fed gets new COO

Kathleen Paese will become the Federal Reserve Bank of St. Louis' new COO, effective at the beginning of next year. She replaces David Sapenaro,...

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Former Buckhead Houston's to be redeveloped into high-rise project
News 4 hours ago
Former Buckhead Houston's to be redeveloped into high-rise project

The former Houston's restaurant across from Lenox Square, one of the most prized development sites in ritzy Buckhead, has sold to a developer that...

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Google confirms Southaven operations site, drops jobs number
News 4 hours ago
Google confirms Southaven operations site, drops jobs number

On July 9, Google announced the site of its forthcoming Southaven operations center and its initial number of jobs. The call center - the company's...

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Marcus & Millichap arranges Paterson mixed-use building sale for nearly $8M
News 4 hours ago
Marcus & Millichap arranges Paterson mixed-use building sale for nearly $8M

“We continue to see increased demand from both local and out of market investors looking for opportunities in Paterson," said investment sales...

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Tampa tech company puts office building on the market to take workforce almost entirely remote
News 4 hours ago
Tampa tech company puts office building on the market to take workforce almost entirely remote

The CEO has listed the IT company's office building for sale and will have almost every employee work remotely full time....

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Will the remote work craze sparked by COVID-19 sound a death knell for office buildings?
News 4 hours ago
Will the remote work craze sparked by COVID-19 sound a death knell for office buildings?
Source USA Today

Elliott Holt was always firmly opposed to letting employees work from home. "There's no control over it," says the CEO of a Nashville-based medical...

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NYC i-sales slashed in half by coronavirus
News 4 hours ago
NYC i-sales slashed in half by coronavirus

New York's first-half investment sales numbers are in and they're not pretty. Sales volume from January through June totaled $9.65 billion - a...

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Presales at condo tower Altura Bayshore have hit delay after delay — but its developer is still confident the project has a place in this market
News 4 hours ago
Presales at condo tower Altura Bayshore have hit delay after delay — but its developer is still confident the project has a place in this market

At first, developer Anthony Solomon thought his sales team was joking: Interest in Altura Bayshore's million-dollar condos, they told him, would...

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Fintech company Figure taps former mortgage exec in Charlotte to lead expansion here
News 4 hours ago
Fintech company Figure taps former mortgage exec in Charlotte to lead expansion here

Figure Technologies, a San Francisco-based financial-technology company, is adding an East Coast loan operations center in Charlotte. Leading that...

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450 homes, commercial space mapped in northeast Raleigh near Rolesville
News 4 hours ago
450 homes, commercial space mapped in northeast Raleigh near Rolesville

A large property in northeast Raleigh could become the site for a commercial and residential development with nearly 450 homes. Last week, property...

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Vinik takes out another multimillion-dollar loan secured by Amalie Arena lease
News 4 hours ago
Vinik takes out another multimillion-dollar loan secured by Amalie Arena lease

Tampa Bay Lightning owner Jeff Vinik has taken out a $45 million loan secured by his lease on Amalie Arena in downtown Tampa. The leasehold...

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