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.
How Does This $40.3 Million Birwood Heights Financing Arrangement Benefit Marcus & Millichap's (MMI)
Marcus & Millichap's (NYSE: MMI) capital markets arm, IPA Capital Markets, secured a financing arrangement amounting to $40.3 million for Birwood Heights. Based in San Antonio, Texas, this 312-unit apartment complex is comprised of one-, two-, and…
Ketu Amin Set to Buy Wade Hotel Chicago
The Wade Hotel, the 520-room tower overlooking Lake Shore Drive in Streeterville, is headed for new ownership. Schaumburg-based Vinayaka Hospitality, led by chief executive Ketu Amin, is under contract to buy the property from seller Park Hotels &…
Prime Square Doral: 58,000 SF Condo Project Nears Construction
A three-building commercial condominium project on NW 102nd Avenue in Doral has quietly become one of the hottest pre-construction sales stories in Miami-Dade, with developers reporting the 58,000-square-foot property is now 60% sold before a…
The next wave of property boom: Chandigarh Tricity among 11 cities expected to lead real estate growth
Chandigarh stands out within this group on pricing as well. The report placed the Chandigarh Tricity residential price range at Rs 7,500-Rs 10,500 per sq ft, second only to Goa among the 11 emerging markets. The report's Chandigarh assessment is…
FB Financial Corporation (NYSE:FBK) Given Average Recommendation of 'Buy' by Analysts
Shares of FB Financial Corporation (NYSE:FBK - Get Free Report) have been assigned a consensus recommendation of 'Buy' from the seven analysts that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock…
Horizon Bancorp (IN) (NASDAQ:HBNC) Receives Average Recommendation of 'Hold' from Analysts
Horizon Bancorp (IN) (NASDAQ:HBNC - Get Free Report) has been assigned an average rating of 'Hold' from the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock…
Republican Mike Rogers courts Michigan Democrats and Trump voters as GOP hopes to hold the Senate
DETROIT (AP) — Mike Rogers stood outside Cody High School on Detroit's west side on a recent drizzly morning and decried Michigan's decline in reading achievement. “This is the civil rights issue of our lifetime,” said the…
BankUnited, Inc. (NYSE:BKU) Receives Average Recommendation of 'Hold' from Brokerages
Shares of BankUnited, Inc. (NYSE:BKU - Get Free Report) have received an average rating of 'Hold' from the fourteen analysts that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell…
Bank of America Corp DE Makes New Investment in CoStar Group, Inc. $CSGP
Bank of America Corp DE acquired a new position in CoStar Group, Inc. (NASDAQ:CSGP - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,735,102 shares of the…
Pizzeria di Territorio, Stoccaggio Open in Downtown Raleigh
A regional Neapolitan pizzeria is opening in downtown Raleigh's Warehouse District with a twist tucked inside it: a 25-to-30-seat speakeasy accessible only through what looks like a storage closet. Pizzeria di Territorio and its hidden companion…
Western Alliance Bancorporation (NYSE:WAL) Receives Consensus Recommendation of 'Moderate Buy' from Brokerages
Western Alliance Bancorporation (NYSE:WAL - Get Free Report) has received a consensus recommendation of 'Moderate Buy' from the fifteen analysts that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated…
Lemon Leaf Café Planned for Southpoint in Jacksonville
A new breakfast spot is taking shape in Jacksonville's Southpoint business district, and it comes with a pedigree that includes NFL clients, a Forbes feature, and a beloved food truck. City records show plans for Lemon Leaf Café were filed…
Engineers Gate Manager LP Sells 69,621 Shares of Bank OZK $OZK
Engineers Gate Manager LP lessened its position in Bank OZK (NASDAQ:OZK - Free Report) by 79.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,540 shares of the…
Bank of America Corp DE Buys Shares of 1,215,951 Glacier Bancorp, Inc. $GBCI
Bank of America Corp DE purchased a new position in shares of Glacier Bancorp, Inc. (NYSE:GBCI - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional…
Squarepoint Ops LLC Sells 85,124 Shares of Civista Bancshares, Inc. $CIVB
Squarepoint Ops LLC lessened its position in Civista Bancshares, Inc. (NASDAQ:CIVB - Free Report) by 78.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,714 shares of the bank's…
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