Commercial Real Estate Industry News
A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Auctions bounce as buyers brave interest rate worries
Auction clearances across the capital cities hit the second-highest rate this year, with buyers holding their nerve despite the increasing prospect of more interest rate rises. Preliminary figures show the early success rate nationally was 72.1 per…
Ag fund manager goes nuts for Bundaberg orchards
Fund manager New Forests has swooped on a portfolio of macadamia orchards in Queensland's Bundaberg region to add to a $600 million agriculture and forestry fund it is investing out, backed by both Australia's national green bank and several…
A modest proposal: Tom Steyer should pay the wealth tax today!
Getting your Trinity Audio player ready... Billionaire Tom Steyer has the chance to do something amazing. The progressive activist, who is worth an estimated $2.4 billion, is running for governor and though he made his fortune running a hedge fund…
Why brokers don't get the listing they court
Getting your Trinity Audio player ready... After over four decades in commercial real estate, I have watched countless brokers walk into listing presentations confident they would secure the assignment, only to walk out without it. When that…
Companies Report Raging Inflation, Except In Wages & Rents
Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New…
Mechanics Bancorp (NASDAQ:MCHB) Announces $0.40 Dividend
Mechanics Bancorp (NASDAQ:MCHB - Get Free Report) declared a dividend on Friday, February 27th, NASDAQ Dividends reports. Shareholders of record on Monday, March 9th will be paid a dividend of 0.40 per share on Thursday, March 19th. The ex-dividend…
GW&K Investment Management LLC Takes $12.05 Million Position in Mechanics Bancorp $MCHB
GW&K Investment Management LLC acquired a new position in Mechanics Bancorp (NASDAQ:MCHB - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 905,380…
Businessman Zach Lahn says outsider message sets him apart in Republican primary for Iowa governor
Businessman Zach Lahn says outsider message sets him apart in Republican primary for Iowa governor FARMER AND POLITICAL OUTSIDER ZACH LANE. IN IOWA. PORK IS SERIOUS BUSINESS. AND SO IS POLITICS. OKAY, GREAT. I'M ZACH LANE. BARBECUE JOINTS LIKE…
BrightSpire Capital, Inc. $BRSP Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. decreased its position in BrightSpire Capital, Inc. (NYSE:BRSP - Free Report) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional…
Gayle Franzen, longtime Illinois and DuPage County public servant who helped build I-355, dies at 81
Getting your Trinity Audio player ready... Across nearly three decades of public service, Gayle Franzen led the Illinois Department of Corrections and the Illinois State Toll Highway Authority before he served one term as the DuPage County Board…
Segall Bryant & Hamill LLC Makes New $1.09 Million Investment in Alexander & Baldwin Holdings, Inc. $ALEX
Segall Bryant & Hamill LLC bought a new stake in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 59,797…
Wall Street Zen Downgrades NexPoint Real Estate Finance (NYSE:NREF) to Sell
NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a 'hold' rating to a 'sell' rating in a research note issued to investors on Saturday. Several other research firms have also…
Granite Point Mortgage Trust (NYSE:GPMT) Cut to Strong Sell at Wall Street Zen
Granite Point Mortgage Trust (NYSE:GPMT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a 'hold' rating to a 'strong sell' rating in a note issued to investors on Saturday. Several other analysts have also issued…
Gamco Investors INC. ET AL Lowers Stock Holdings in St. Joe Company (The) $JOE
Gamco Investors INC. ET AL reduced its stake in St. Joe Company (The) (NYSE:JOE - Free Report) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional…
Vanguard Group Inc. Sells 183,107 Shares of Armada Hoffler Properties, Inc. $AHRT
Vanguard Group Inc. cut its holdings in Armada Hoffler Properties, Inc. (NYSE:AHRT - Free Report) by 2.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,095,554 shares…
Receive a Daily briefing on Commercial Real Estate Industry News
Get Started