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.
Business Tidbits: East West Bank Buys Pasadena Office Tower, Summitry Expands to Pasadena
East West Bank has acquired Western Asset Plaza, a 270,000-square-foot office tower near Pasadena's Playhouse Village, for $98 million. The purchase marks a notable discount from the property's $144 million sale in 2012, reflecting an approximate…
ICE spent $200 million on two Georgia warehouses. Did the feds overpay?
“It's all about the in and out,” said Barry Hersh, a professor at New York University's Schack Institute of Real Estate. B.R. White, Oakwood's city manager, provided the AJC with a list of five warehouses that sit roughly within a…
Luxury and Contemporary Brands Are Competing for Prime Retail Space Across Europe
LONDON — Prime retail space is increasingly scarce in Europe ‘s big cities, forcing brands to compete more fiercely for strategic positions, according to Cushman & Wakefield's latest European Luxury Retail report. The commercial real…
Activist investor wants board shakeup at Maryland-based Eagle
Key insight: Diligence Capital Management is looking to install three new directors at Bethesda, Md.-based Eagle Bancorp, which reported big losses last year in connection with its outsized commercial real estate portfolio. Why it matters: The…
ATCO Invests in West Kitikmeot Resources to Advance Grays Bay Road and Port Project and Link Canada's North to New Global Markets
CAMBRIDGE BAY, NU, March 23, 2026 /CNW/ - West Kitikmeot Resources Corp. (WKR) today announced that ATCO Ltd. (ATCO) will provide approximately $10 million in staged investment in WKR's Grays Bay Road and Port Project (GBRP or Grays Bay), in return…
ATCO Invests in West Kitikmeot Resources to Advance Grays Bay Road and Port Project and Link Canada to New Global Markets
The Grays Bay Road and Port Project will strengthen Canada's Arctic Sovereignty and enhance economic development. It is an integral part of Canada's ambitious plan to defend, build, and transform the North. CALGARY, AB, March 23, 2026 /CNW/ - ATCO…
Hang Lung Group (OTCMKTS:HNLGY) Shares Gap Down - What's Next?
Gapped down: Shares opened at $9.14 after a prior close of $10.795, with only 250 shares trading on the move before the market opened Monday. The stock is trading below key technicals, with a 50‑day moving average of $10.62 and a…
San Francisco's 5M officer tower needed to be sold to ever lease
By Kevin V. Nguyen Business Reporter I heard a self-deprecating joke recently at a cocktail party for real estate types that feels especially fitting in today's market: “You can do the right thing, and good things will happen to everyone but…
UNFRAMED, Autograph Collection Debuts as a Design-Forward Retreat in the Cultural Heart of Miami Beach This April
UNFRAMED joins Marriott's Autograph Collection portfolio, a collection of hand-selected hotels, ranging from boutique to luxury, each offering a unique perspective on design, craft and hospitality. The hotel is owned and developed by the…
ABM Industries Incorporated $ABM Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. cut its stake in ABM Industries Incorporated (NYSE:ABM - Free Report) by 10.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned…
Ready Capital Corp (NYSE:RC) Receives Consensus Recommendation of 'Reduce' from Brokerages
Shares of Ready Capital Corp (NYSE:RC - Get Free Report) have been assigned a consensus rating of 'Reduce' from the six brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell…
SouthState Bank Corporation (NYSE:SSB) Given Consensus Recommendation of 'Buy' by Analysts
SouthState Bank Corporation (NYSE:SSB - Get Free Report) has been assigned an average recommendation of 'Buy' from the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold…
Bay Commercial Bank (NASDAQ:BCML) Stock Price Up 2.7% - What's Next?
Bay Commercial Bank (NASDAQ:BCML - Get Free Report) shares rose 2.7% on Monday. The stock traded as high as $30.00 and last traded at $29.61. Approximately 27,463 shares changed hands during mid-day trading, a decline of 3% from the average daily…
Citizens Jmp Has Lowered Expectations for KKR Real Estate Finance Trust (NYSE:KREF) Stock Price
KKR Real Estate Finance Trust (NYSE:KREF - Get Free Report) had its target price cut by research analysts at Citizens Jmp from $10.00 to $9.50 in a report released on Monday, Benzinga reports. The firm currently has a 'market outperform' rating on…
Armada Hoffler Properties (NYSE:AHRT) Hits New 1-Year Low - Should You Sell?
Armada Hoffler Properties, Inc. (NYSE:AHRT - Get Free Report)'s share price hit a new 52-week low on Monday. The company traded as low as $5.45 and last traded at $5.6450, with a volume of 1757697 shares changing hands. The stock had previously…
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