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.
What Commercial Real Estate Teaches About Building Lasting Income
Srinivasulu Mupparaju (Srini) is the Founder of RealOneInvest & Suniksha Infotech. In 2023, I stood on a bare parcel of land in North Texas and made a decision I could not have predicted when I was building a career in IT. There were no buildings…
T.N. government must create land banks to boost commercial real estate: experts
While cities in Tamil Nadu are witnessing robust demand for commercial real estate, high land costs are constraining the supply of commercial spaces. To address this and sustain the momentum, the State government needs to create large land banks…
Apollo Commercial Real Estate Finance (NYSE:ARI) Hits New 12-Month Low - Here's What Happened
Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) reached a new 52-week low on Wednesday. The company traded as low as $6.62 and last traded at $6.6150, with a volume of 890083 shares. The stock had previously closed at $6.73.
Colliers International: Q2 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Colliers International Group Inc. (CIGI) on Thursday reported second-quarter profit of $28.5 million. On a per-share basis, the Toronto-based company said it had net income of 56 cents. Earnings, adjusted…
Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory
Jonathan Winer thinks the U.S. is fighting the wrong manufacturing war. His startup, Foundational Industries, just raised a $25 million seed round, Fortune learned exclusively, to build factories where AI runs the whole operation rather than…
What Could California's Fuel Transition Mean For Gas Stations?
Wisfe Aish, philanthropist and CEO/Founder, Double AA Corporation, a premier fuel provider for California and beyond for over two decades. When California gas prices exceeded $6 per gallon in May in response to current geopolitical events, it…
ACRES Commercial: Q2 Earnings Snapshot
UNIONDALE, N.Y. (AP) — UNIONDALE, N.Y. (AP) — ACRES Commercial Realty Corp. (ACR) on Wednesday reported a loss of $7.4 million in its second quarter. The Uniondale, New York-based company said it had a loss of $1.87 per share. Losses…
Newmark Group: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Newmark Group Inc. (NMRK) on Wednesday reported net income of $19.7 million in its second quarter. The New York-based company said it had profit of 11 cents per share. Earnings, adjusted for…
Banc of California takes big 2Q loss due to restructuring
Key insight: Banc of California restructured its balance sheet during the second quarter, leading to a net loss that appeared to surprise investors. What's at stake: The restructuring will ultimately position the bank for higher recurring earnings…
Barcade to billiards: Nova West to reopen as Mr. Billiards
An Old Colorado City vintage bar arcade is trading joysticks for cue sticks. Nova West, at 1124 W. Colorado Ave., is being remodeled into Mr. Billiards, a pool hall and bar expected to open in August. Owner Joe Campana is no stranger to the…
CoStar Group (NASDAQ:CSGP) Downgraded by Keefe, Bruyette & Woods to 'Market Perform'
CoStar Group (NASDAQ:CSGP - Get Free Report) was downgraded by research analysts at Keefe, Bruyette & Woods from an 'outperform' rating to a 'market perform' rating in a research report issued on Wednesday, Marketbeat Ratings reports. They…
CoStar Group (NASDAQ:CSGP) Earns Market Perform Rating from William Blair
CoStar Group (NASDAQ:CSGP - Get Free Report)'s stock had its 'market perform' rating restated by stock analysts at William Blair in a research note issued on Wednesday, MarketBeat.com reports. 3 Large Cap Stocks Announce Big Buyback Boosts Amid…
ACRES Commercial Realty (NYSE:ACR) Posts Quarterly Earnings Results, Misses Expectations By $2.44 EPS
ACRES Commercial Realty (NYSE:ACR - Get Free Report) released its earnings results on Wednesday. The company reported ($2.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($2.44), Zacks reports. ACRES…
JPMorgan Chase & Co. Cuts CoStar Group (NASDAQ:CSGP) Price Target to $52.00
CoStar Group (NASDAQ:CSGP - Get Free Report) had its target price dropped by JPMorgan Chase & Co. from $58.00 to $52.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has an 'overweight' rating on the technology…
Dimensional Fund Advisors LP Acquires 82,098 Shares of CoStar Group, Inc. $CSGP
Dimensional Fund Advisors LP raised its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned…
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