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10 Must Reads for the CRE Industry Today (Jan. 22, 2020)
News 18 hours ago
10 Must Reads for the CRE Industry Today (Jan. 22, 2020)

Brexit and Bubbles: How Investors View Europe's Shaky Real Estate Market "For the first time in three years, foreign investors poured more money...

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Shipt partners with Office Depot on same-day delivery
News 18 hours ago
Shipt partners with Office Depot on same-day delivery

Shipt is expanding its same-day delivery services by partnering with Office Depot Inc. The Birmingham-based company will be doing same-day delivery...

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“We are still in it”: Softbank still believes in WeWork’s core business
News 18 hours ago
“We are still in it”: Softbank still believes in WeWork’s core business

Softbank Vision Fund senior managing partner Deep Nishar (Credit: SoftBank, Wikipedia) After committing a $9.5 billion rescue package for WeWork...

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TF Cornerstone pays $140M for Williamsburg multifamily building
News 18 hours ago
TF Cornerstone pays $140M for Williamsburg multifamily building

TF Cornerstone has purchased a Brooklyn apartment building for $137.75 million - more than $30 million less than the seller paid a few years ago....

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As Morgan Lewis preps for new tower, the firm still has another pending real estate decision
News 18 hours ago
As Morgan Lewis preps for new tower, the firm still has another pending real estate decision

Despite taking more space by signing a 20-year lease to relocate its headquarters to a new tower at 2222 Market St., not all of the 1,340 local...

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Real estate money heads to Nordic countries
News 18 hours ago
Real estate money heads to Nordic countries

The Nordic real estate market attracted more investor cash than ever before last year, and it's now getting even hotter. Linus Ericsson, chief...

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High-end grocery store to close only Louisville location
News 18 hours ago
High-end grocery store to close only Louisville location

Lucky’s Market, a natural food retailer, is closing its only Louisville location. The Boulder, Colorado-based company is closing nearly all of its...

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Buzzy shoe startup Rothy's opens in Georgetown
News 18 hours ago
Buzzy shoe startup Rothy's opens in Georgetown

Rothy's, the shoe company that makes women's staple flats out of recycled plastic, has opened a rare brick-and-mortar store in Georgetown. The...

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Signature Bank cuts back on lending to rent-regulated apartments
Blog 18 hours ago
Signature Bank cuts back on lending to rent-regulated apartments

Signature Bank reined in loans to owners of rent-regulated apartments in the fourth quarter, the latest institution to cut back after sweeping...

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Shatto Milk creates Chiefs-inspired cheese curds that will hit store shelves this week
News 18 hours ago
Shatto Milk creates Chiefs-inspired cheese curds that will hit store shelves this week

OSBORN, Mo. - Shatto Milk Company is known for supporting our hometown teams, and the Chiefs going to the Super Bowl calls for something new and...

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Lake and Lathrop lops off one floor, submits building permits
News 18 hours ago
Lake and Lathrop lops off one floor, submits building permits

The mixed-use development project at Lake and Lathrop in River Forest may finally take off, as the developer submitted new project plans on Dec. 16...

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Will Private Equity RE Players Continue Raising Funds at a Breakneck Pace?
News 18 hours ago
Will Private Equity RE Players Continue Raising Funds at a Breakneck Pace?

There's never been more private equity cash chasing real estate assets. And yet more funds than ever continue to come to the market. That could...

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Detroit Vs. Everybody closes two-thirds of retail locations, shifts business model
News 18 hours ago
Detroit Vs. Everybody closes two-thirds of retail locations, shifts business model

Detroit Vs. Everybody closed four of its metro Detroit locations Monday in a move to focus on its two high performing retail locations. Detroit Vs....

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Coastal Credit Union expanding its branch network in Knightdale, Chapel Hill and Fuquay-Varina
News 18 hours ago
Coastal Credit Union expanding its branch network in Knightdale, Chapel Hill and Fuquay-Varina

Raleigh's Coastal Credit Union is expanding its branch network in 2020. The credit union, which recently bought land in Fuquay-Varina for a future...

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Local companies among best for LGBTQ equality
News 19 hours ago
Local companies among best for LGBTQ equality

Kroger Co. has been named Company of the Year for Corporate Equality by the Human Rights Campaign. The nation's largest traditional grocery chain ...

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By the numbers of ServiceMaster Global Holdings Inc.'s Terminix and ServiceMaster Brands business segments
News 19 hours ago
By the numbers of ServiceMaster Global Holdings Inc.'s Terminix and ServiceMaster Brands business segments

ServiceMaster Global Holdings Inc. announced a CEO change today, Jan. 21, and that its ServiceMaster Brands business segment could be up for sale....

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What Are The World's
News 19 hours ago
What Are The World's "Most Hated" Office Tasks?

Office workers average more than three hours a day on manual, repetitive computer tasks which aren't part of their primary job and are ripe for...

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Hialeah Tomatoes and Fresh Produce in foreclosure from Eastern National Bank
News 19 hours ago
Hialeah Tomatoes and Fresh Produce in foreclosure from Eastern National Bank

A tomato packaging and distribution company faces a $3.55 million foreclosure lawsuit over its facility in the Redlands area of Miami-Dade County....

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Freddie Mac Refinances New Jersey Multifamily Community With $43M Loan
News 19 hours ago
Freddie Mac Refinances New Jersey Multifamily Community With $43M Loan

Philadelphia-based real estate private equity firm Verde Capital, in a joint venture with Kushner Real Estate Group and Oxford Realty Group, has...

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Pier 1 Imports to close at least 8 Philadelphia-area stores
News 19 hours ago
Pier 1 Imports to close at least 8 Philadelphia-area stores

At least eight Philadelphia-area Pier 1 Imports locations are slated to close as part of the company's plan to eliminate 450 stores, including...

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State Street to cut 750 more jobs this year
News 19 hours ago
State Street to cut 750 more jobs this year

State Street Corp. plans to shrink its headcount in offices like its Boston headquarters by 750 employees in 2020, as the company remains in cost...

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RedHill Biopharma (Nasdaq: RDHL) ends
News 19 hours ago
RedHill Biopharma (Nasdaq: RDHL) ends

RedHill Biopharma is discontinuing sales of two drugs to focus on launching commercial operations for its lead candidates. Redhill (Nasdaq: RDHL) -...

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Lee Properties Group to build hundreds of apartments, restaurant space near Research Triangle Park in Durham
News 19 hours ago
Lee Properties Group to build hundreds of apartments, restaurant space near Research Triangle Park in Durham

A Chapel Hill developer is ready to start work on a new mixed-use community near Research Triangle Park. Lee Properties Group is preparing to begin...

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West Monroe moving to the North Loop, plans to double its workforce again
News 19 hours ago
West Monroe moving to the North Loop, plans to double its workforce again

West Monroe Partners has announced it will move into a new space in the North Loop's The Nordic building in April of 2020. The Chicago-based tech...

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CMBS Week in Review: First 2020 Conduit Offerings; CREFC CMBS Conversation
Blog 19 hours ago
CMBS Week in Review: First 2020 Conduit Offerings; CREFC CMBS Conversation

Early January always marks the congregation of industry players in South Beach Miami for the annual CREFC Conference, with this year being its 21st...

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News 19 hours ago
Houston apartments sold as part of $1.85B national portfolio deal

Three Houston-area apartment complexes have sold as part of a $1.85 billion portfolio sale. Los Angeles-based investment company Aragon Holdings...

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Aragon Holdings sells apartments in Houston, nationwide to Harbor Group International
News 19 hours ago
Aragon Holdings sells apartments in Houston, nationwide to Harbor Group International

Three Houston-area apartment complexes have sold as part of a $1.85 billion portfolio sale. Los Angeles-based investment company Aragon Holdings...

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Michigan Sen. Mallory McMorrow talks about Lucido incident, why she's reporting it now
News 19 hours ago
Michigan Sen. Mallory McMorrow talks about Lucido incident, why she's reporting it now

Michigan Sen. Mallory McMorrow, D-Royal Oak, faced the media Tuesday in Lansing to talk about the workplace sexual harassment complaint she filed...

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The Shops at Worthington Place sold to Dallas, Texas-based Direct Retail Partners
News 19 hours ago
The Shops at Worthington Place sold to Dallas, Texas-based Direct Retail Partners

A Worthington shopping center has a new owner. The Shops at Worthington Place, which sits along High Street just south of the I-270 interchange,...

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Boeing Commercial Airplanes to launch first flight 777X this week
News 19 hours ago
Boeing Commercial Airplanes to launch first flight 777X this week

Boeing said the maiden test flight of its massive new 777X widebody jet is scheduled for Thursday morning at Paine Field in Everett, where Boeing...

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