Proceeds from the bond, if approved, would finance about 237 projects, including repairs to flood-damaged drainage infrastructure, buyouts of flood-prone properties and channel modifications to improve the flow of storm water.
CalSTRS forms a $500 million real estate lending venture with 3650 REIT, reports IPE Real Assets. The Wall Street Journal looks at what killed Toys ‘R’ Us. These are among today’s must reads from around the commercial real estate industry.
The company is offering commercial real estate brokers worldwide a 100 percent commission on the first year of rent paid by any tenant who switches to WeWork from a top competitor.
The Federal Housing Finance Agency said Tuesday that the two mortgage giants will dial back their participation after a two-year “test and learn” pilot program designed to gather information on the market.
Amusement parks are becoming the new retail tenant, the Wall Street Journal reports. A new study from Zillow looks at the cost disparity between living closer to and further from cities, according to the Washington Post. These are among today’s...
Angelo Gordon & Co. LP and Solus Alternative Asset Management don’t plan to contribute any more cash to benefit Toys “R” Us employees who were left jobless.
The Windy City’s percentage of green offices is up from about 66 percent last year, according to an annual ranking by CBRE Group Inc. and Maastricht University.
The buyers want to convert the former warehouse, which was completed in 1891 and has more than 1 million square feet (93,000 square meters), into office space, among other uses.
Brookfield has started work on revitalizing GGP’s mall portfolio, reports the Wall Street Journal. Oregon has approved the use of timber in the construction of high-rise buildings, according to Curbed. These are among today’s must reads from...
