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.
Bargain for Hong Kong bar property reflects struggling retail market
A foreclosure sale in Hong Kong's Lan Kwai Fong area and a cancelled shop transaction in North Point reflect the impact of weak consumer spending on Hong Kong's retail property market, which will remain under pressure through the end of the year…
Congressional candidate who vowed to fight corruption indicted again
A Las Vegas Valley real estate investor and former congressional candidate who was indicted by federal authorities in an alleged embezzlement scheme has been indicted again. An indictment unsealed Thursday in Clark County District Court charges…
CoStar Group, Inc. (NASDAQ:CSGP) Receives Consensus Recommendation of 'Hold' from Brokerages
CoStar Group, Inc. (NASDAQ:CSGP - Get Free Report) has earned an average rating of 'Hold' from the twenty ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, nine have…
Wall Street Zen Downgrades Investar (NASDAQ:ISTR) to Hold
Investar (NASDAQ:ISTR - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a 'buy' rating to a 'hold' rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports. 3 stocking stuffers you…
US adds 162,000 jobs in August, raising Fed rate hike expectations
The United States economy has added 162,000 jobs in August, with large gains in local government education and food services. The unemployment rate remained unchanged, according to the monthly jobs report released by the US Department of Labor's…
Why Colombo could be India's next global capability hub
India has become the world's largest destination for Global Capability Centres (GCCs), housing approximately 2,177 centres employing over two million professionals. The next phase of this success, however, may not be contained within the country's…
Peak Capital Buys Cudahy Commons Apartments for $18.1M
A 142-unit apartment complex just off Edgerton Avenue in Cudahy has changed hands for $18.1 million, with Provo, Utah-based Peak Capital Partners taking over the property at 2810 East Edgerton Avenue. The sale of Cudahy Commons reflects investor…
Man Group plc Buys Shares of 82,796 Gladstone Commercial Corporation $GOOD
Man Group plc purchased a new position in shares of Gladstone Commercial Corporation (NASDAQ:GOOD - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased…
Ninja Ramen Opens in Largo, Faces Florida License Issue
A new drive-thru ramen concept has begun soft-opening its first Florida location at 11180 66th St N in Largo, even as exterior work continues and state regulators have flagged the site for operating without an active food service license. Ninja…
Teen Killed in SH 46 Motorcycle Crash Near Spring Branch
A 17-year-old motorcyclist is dead after a three-vehicle crash Thursday morning on State Highway 46 near Stoney Creek, just outside Smithson Valley High School in Spring Branch. Texas Department of Public Safety troopers responded around 9 a.m. to…
DC Council Weighs Pied-à-Terre Tax on Vacant Mansions
DC Council members are weighing a new tax on high-value homes owned by people who don't actually live in them full-time, adding a pied-à-terre surcharge to the city's toolkit as officials scramble to fill a widening revenue gap. The idea…
Legal & General Group Plc Takes Position in Safehold Inc. $SAFE
Legal & General Group Plc acquired a new stake in Safehold Inc. (NYSE:SAFE - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 293,180…
Colorado Springs' Two Tallest Towers Head to Foreclosure Auction Oct. 21
The two tallest buildings in downtown Colorado Springs — the 15-story Wells Fargo Tower and the 14-story FirstBank Building — are scheduled for a foreclosure auction on October 21, 2026, according to El Paso County records. The sale…
Marcus & Millichap (NYSE:MMI) Rating Lowered to Buy at Wall Street Zen
Marcus & Millichap (NYSE:MMI - Get Free Report) was downgraded by research analysts at Wall Street Zen from a 'strong-buy' rating to a 'buy' rating in a research note issued to investors on Saturday, Wall Street Zen reports. Separately, Weiss…
Bank of New York Mellon Corp Purchases Shares of 165,361 Marcus & Millichap, Inc. $MMI
Bank of New York Mellon Corp acquired a new stake in shares of Marcus & Millichap, Inc. (NYSE:MMI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired…
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